News - Page 354

Africa

Relays Olympics Qualification: Sports Minister Congratulates ‘Team Nigeria’

Team Nigeria on Sunday evening qualified for the relay event of the 2024 Olympics Games in Paris and that has drawn the appreciation and praises of Nigeria's sports minister, John Enoh

Izuchukwu Okosi

May 6, 2024

Business·News·Oil & Gas

NECA Raises Concerns Over Impact Of Lingering Fuel Scarcity On Economy, Seeks FG’s Urgent Intervention

The Nigeria Employers’ Consultative Association (NECA), has called on the Federal Government to urgently intervene and address the lingering fuel scarcity, expressing concerns that it has created a significant negative impact on

Victor Ezeja

May 6, 2024

Business·News·Tech News

DStv, GOtv Rate Hike: Nigerians Consider SLTV, Other Cheaper Alternatives

Following the latest cable TV subscription tariff increase by Multichoice, a South African satellite television company that operates DStv, and GOtv, some users have moved to seek a better and cheaper alternative.

Jacinta Chisom Oguadinma

May 6, 2024

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Business·News·Power

NERC Reduces Band A Electricity Tariff To N206/kWh

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Victor Ezeja

May 6, 2024

Fuel Scarcity: Marketers Urge Sustained Emergency Supply As Stock Drops

Business·News

Fuel Scarcity: Marketers Demand Sustained Emergency Supply As Stock Drops

Petroleum marketers are calling for an extension of the emergency fuel supply initiative as fuel scarcity lingers across Nigeria. The Nigerian National Petroleum Company Limited and the Nigerian Midstream and Downstream Petroleum

Emmanuel Ochayi

May 6, 2024

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·News

Nigeria’s Currency In Circulation Hits N3.87trn- CBN Reveals

Nigeria’s currency in circulation has surged to N3.87tn as of March’s end, indicating a preference for cash among Nigerians. The Central Bank of Nigeria (CBN) disclosed this in its latest money and

Emmanuel Ochayi

May 6, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets·News

NGX: Nigerian Equity Market Rebounds After N3.54trn Rise In April

After enduring a tumultuous April where it suffered a loss of N3.54 trillion, the Nigerian equity market has bounced back, marking its first weekly gain. Investors, seeking better returns, fueled this upward

Emmanuel Ochayi

May 6, 2024

Business·News·Transport

Lagos-Calabar Highway Construction: Telcos Express Concern Over Disruptions Of Cables

Telecommunication companies have raised concerns over potential disruptions to connectivity as construction progresses on the 700km Lagos-Calabar Coastal Highway. This development comes on the heels of Multichoice’s announcement of a three-day technical

Emmanuel Ochayi

May 6, 2024

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·Markets·News

Customs Duty: Naira Depreciation Worsens As Exchange Rate Hits N1,441.53/$1

The recent increase in the exchange rate for customs duty collection to N1,441.53 to the USD has sparked concerns among stakeholders, coming at a time when the naira is experiencing significant depreciation.

Emmanuel Ochayi

May 5, 2024

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·News·Power

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

In its quest to prioritize electricity supply to local customers, the Nigerian Electricity Regulatory Commission (NERC) has ordered Generation Companies (GenCos) not to exceed 6 per cent of available power grid generation

Victor Ezeja

May 5, 2024

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News - Page 354

Relays Olympics Qualification: Sports Minister Congratulates ‘Team Nigeria’

NECA Raises Concerns Over Impact Of Lingering Fuel Scarcity On Economy, Seeks FG’s Urgent Intervention

DStv, GOtv Rate Hike: Nigerians Consider SLTV, Other Cheaper Alternatives

NERC Reduces Band A Electricity Tariff To N206/kWh

Fuel Scarcity: Marketers Demand Sustained Emergency Supply As Stock Drops

Nigeria’s Currency In Circulation Hits N3.87trn- CBN Reveals

NGX: Nigerian Equity Market Rebounds After N3.54trn Rise In April

Lagos-Calabar Highway Construction: Telcos Express Concern Over Disruptions Of Cables

Customs Duty: Naira Depreciation Worsens As Exchange Rate Hits N1,441.53/$1

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

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