The Senate on Wednesday passed the electricity bill 2022 that would allow states to generate and distribute power as well as solve the sector’s challenges. The bill was passed after…
Read More Senate passes bill to allow states generate, distribute electricity
By our reporter| A day after Aero Contractor announced temporary suspension of its operations, the Nigerian Civil Aviation Authority (NCAA) on Wednesday suspended Dana Airlines’ Air Transport Licence (ATL) and…
Read More NCAA suspends Dana Air operations indefinitely
By our reporter| Nigeria’s electricity grid collapsed again on Wednesday, the sixth time this year, causing a blackout and affecting businesses and livelihoods across the country. Major electricity distribution companies…
Read More National grid collapses again, sixth time in 2022
By our reporter| The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent. CBN Governor Godwin Emefiele who disclosed the…
Read More Again, CBN raises interest rate to 14% to check inflation
By our reporter| President Muhammadu Buhari on Tuesday unveiled the Nigerian National Petroleum Company Limited, assuring that the new company will guarantee energy security in the country. Buhari, who was…
Read More Buhari at unveiling of NNPC Limited, says company will guarantee national energy security