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...
Why 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...
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...
NAICOM seeks partnership with Abuja DTS to curb fake third party motor insurance
The Directorate of Road Transport Service of Federal Capital Territory Authority (FCTA) has agreed to work with the National Insurance...
