Electricity Pricing: NERC denies removing fixed charges
The Nigeria Electricity Regulatory Commission (NERC) says the N750 fixed charge levied on electricity consumers’ meters across the country has…
Buhari terminates NNPC crude swap deals
President Muhammadu Buhari has taken a step further in the ongoing reforms in the oil industry with the cancellation of…
West Ham re-ignites interest in Adebayor
West Ham United Football Club has resurrected its bid to sign embattled Tottenham Hotspur striker, Emmanuel Adebayor. Reports from London…
AFC gets $50m from Islamic Development Bank for project financing
Africa Finance Corporation (AFC) has received a US$50 million 15-year line of financing, with a 13-year six months repayment period,…
2015 Hajj: Medview Airline begins airlift of pilgrims
Medview Airline has commenced Hajj operations with the airlift of 540 pilgrims direct to Medina for the 2015 Holy pilgrimage…
NPA records increase in cargo throughput by 7.2%
Cargo throughput inclusive of crude oil shipments recorded by the Nigerian Ports Authority (NPA) in the first quarter of 2015 stood…
Buhari sets up Arms procurement Probe Committee
President Muhammadu Buhari has directed the National Security Adviser to set up an investigative committee on the procurement of hardware…
Access Bank shows resilience in H1 despite near-success rights issue
[tweet][digg][Google][pinterest][follow id=”TheEconomy9ja” size=”large” count=”true” ] With just a 79.32 per cent successful shareholder subscription in its recently concluded rights issue…
NSE index drops 2.2%, as Paints & Coatings, Wema Bank, Flour Mill add weight
Trading on the Nigerian Stock Exchange closed south Monday as All share Index (ASI) declined by 2.2 per cent or…
Senate set to probe EFCC Chairman over alleged N1trillion diversion
Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, will appear before a Senate Committee on Ethics on…