Business & Economy
How SEC is tacking illegal operators in the Nigerian digital asset market space – DG
Operators in the Nigerian digital assets market space must register with the Securities and Exchange Commission (SEC) if they are...
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NNPC Ltd, First E&P achieve 20,000 bpd production at OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum...
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Transcorp Power Plc Records 775% increase in profit before tax; 223% rise in gross earnings in Q1 2024
Transcorp Power Plc, one of the subsidiaries of Transnational Corporation Plc in Nigeria’s power sector on Thursday announced a 223...
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Securities Commission unfolds schedule for Q1 2024 Capital Market Community meeting
The capital market regulator, the Securities and Exchange Commission (SEC) on Monday unfolded the Capital Market Committee (CMC) for the...
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NIPCO Gas, NNPC unfold plan to construct 35 AutoCNG stations in 19 locations nationwide
NIPCO Gas Limited has unfolded a plan to establish about 35 Auto-Compressed Natural Gas (AutoCNG) plants 19 locations across the...
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IMF sees further drop in inflation in 2024
The International Monetary Fund (IMF) says inflation is easing faster than expected, although not fully curtailed, the Managing Director of...
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Full Year 2023: UBA records N757.7bn in 2023; gross earnings up by 143%
United Bank for Africa (UBA) Plc recorded a N608 billion, or 257 percent growth in its profit after tax (PAT)...
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NERC slaps ₦200m regulatory fine on AEDC for violation of new tariff order
The Abuja Electricity Distribution Plc (AEDC) has become the first electricity distribution company to come under the hammer of the...
Read moreWhy NERC raised electricity tariff to N225 per kilowatt hour
The Nigerian Electricity Regulatory Commission (NERC) has given explanations to its decision last Wednesday to approve a 241 percent hike...
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Transcorp Power Plc posts 84.6% profit growth; 57.3% surge in earnings for 2023
Transcorp Power Plc, one of Transnational Corporation Plc power subsidiaries, reported gross earnings of N142.1 billion, or 57.30 percent increase, from...
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