Business
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Senate, FG disagree over N5bn bailout for airline operators, others
…N5bn bailout grossly inadequate — Senate …We can’t afford more than that, we have challenges — FG …Says AON owing…
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FG’s VAT revenue on steady rise despite COVID-19, lockdown
The Federal Government generated N424.7 billion as Value Added Tax (VAT) in the third quarter of the year (Q3’20). This…
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ELECTRICITY: Nigeria lost N243bn in 10 months
Nigeria recorded losses in power generation volume valued N243 billion between January and October this year. This is contained in…
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Power sector records N243bn capacity loss in 10 months
The power sector has recorded a generation capacity loss of N243 billion from January to October. This is contained in…
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Nigeria records highest power transmission of 5,459.50MW
THE Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,459.50MW. A statement…
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Niger, Benin Republic pay Nigeria $6.6m out of $13m electricity debt
The Nigerian Electricity Regulatory Commission (NERC) says two international customers have paid Nigeria $6.6 million out of the $13 million…
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Access Bank Begins Disbursement of N50bn Interest-free Loan Today
Access Bank Plc will today commence the disbursement of the N50 billion interest-free loan and grant it set aside for…
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Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in History
Hyundai Motor Group (the Group) announced that Euisun Chung, Executive Vice Chairman, was inaugurated to the position of Chairman of…
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Nigeria loses N700bn in 12 days to #EndSARS protests – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) said that the Nigerian economy has lost over N700 billion to the…
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Electricity Tariff: CBN introduces framework for financing meter acquisitions
There are indications that the recent moves by the Federal Government to boost commercial value of the nation’s electricity industry…
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