Manufacturing sector pushes Nigeria’s PMI to 52.1% in May
Despite high prices which has continues to curtail demand, Nigeria’s Stanbic Purchasing Managers’ Index (PMI) rose to 52.1 in May,...
Nigeria Economy
Labour has shut down national grid, says TCN
By Omeiza Bilal The Nigeria Labour Congress (NLC) has shut down the national grid throwing the country into total darkness,...
AEDC to disconnect electricity service to all debtors
Omeiza Bilal The Abuja Electricity Distribution Company (AEDC) has warned those within its franchise area to settle their outstanding bills...
DisCos generate ₦100bn revenue in one month amid tariff hike
The increased earnings which rose from ₦95 billion in January 2024, to ₦100 billion in March 2024, comes amid complaints...
FG moves to cushion petrol subsidy effect, commissions 5.2 mmscfd CNG plant in Lagos
…NNPC Ltd to roll out 6 more stations nationwide Omeiza Bilal In its continued efforts to provide alternative source of...
FG secures $500m loan to boost electricity distribution
In a strategic move to address the identified gaps in Electricity Distribution Companies (DisCos), the Federal Government of Nigeria has...
Nigeria’s growth rate projected to increase to 4.4% in 2025 – AfDB
Growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent in...
NiMet, Oxfam collaboration’ll minimize emergencies in Nigeria
Omeiza Bilal The Nigerian Meteorological Agency (NiMet) and Oxfam are set for a new partnership that would minimize humanitarian emergencies...
NDDC receives $142m from Shell Nigeria, other partners in 2023
A total sum of $142.5 million was paid to the Niger Delta Development Commission (NDDC) in 2023 by Shell Petroleum...
FG to lessen over – reliance on solid fuel with free distribution of LPG bottles
In demonstration of its commitment to reducing over-reliance on solid fuel for cooking and heating as well as deepening the...
