BUSINESS
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Electricity: Metering Code upgrade not for tariff increase – Discos
Electricity distribution companies(DisCos) in Lagos say the proposed Standard Transfer Specification (STS), a metering code, to be introduced soon, is…
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Sustainable intervention needed to stem volatility in FX market, says Economist
Dr Muda Yusuf, an Economist, has charged the monetary authorities to provide a sustainable intervention framework, to ensure the moderation…
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Experts urge caution as CBN holds first MPC meeting under Tinubu
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its July meeting, some financial…
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ASEA, ECA step up collaboration to drive Africa’s financial markets
The African Securities Exchanges Association (ASEA) and the Economic Commission for Africa (ECA) are strengthening collaboration to drive the development…
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AfDB affiliate ADF approves $16m for Youth Entrepreneurship Bank
African Development Fund (ADF), the concessional lending arm for the African Development Bank (AfDB) Group, has approved $16 million for…
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IMG approves N208.1m dividends for shareholders
Industrial and Medical Gases Nigeria Plc (IMG) has approved dividends worth N208.12 million for 2022 financial year for its shareholders.…
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Local Content: Energy activist kicks against $155m meter importation
A Convener, Electric Power Consumer Right Advocacy Group, Mr Adetayo Adegbemle, has kicked against the Federal Government’s plans to use…
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NNPCL, UTMOL partner to push down cost of cooking gas
The Nigerian National Petroleum Company (NNPC) Ltd. and UTM Offshore Ltd. on Thursday signed the Heads of Terms Agreement to…
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Economy: Senate mulls bill for Bitumen as catalyst for development
The Senate on Thursday, set machinery in motion for diversification of the nation’s economy through Bitumen Development. Required legislation for…
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FIRS tax revenue collection hits N5.5trn in 6 months
The Federal Inland Revenue Service (FIRS) has announced a tax revenue collection of N5.5 trillion for the half-year period of…
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