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Nigeria to generate $320m from innovative carbon credit initiative 

By Providence Ayanfeoluwa   The Executive Director, Operations and Technical,Tantita Security Service Ltd, Capt. Warredi Enisuoh, has said that through innovative carbon credit initiatives, Niger Delta region could generate $320 million annually by harnessing its vegetation and untapped environmental potential.   He said this during his investiture as  Honourary Doctorate recipient and Lifetime Achievement/Sustainable Development Awardee from […]

FG’s electricity subsidies rise 2.76% to N199.64bn in Dec — NERC

•Abuja Disco leads beneficiaries with N29bn By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission, NERC, has disclosed that electricity subsidies payable by the Federal Government for the month of December has increased by 2.76 percent to N199.64 billion from N194.26 billion incurred in November. The Commission in its December 2024 Multi-Year Tariff Order, MYTO, posted […]

Foreign portfolio investment in stock market rises 180.9%

By Peter Egwuatu Foreign Portfolio Investments, FPIs, inflows through the Nigerian stock market grew by 180.95%  in the first ten months of this year (January-October) to N344.30 billion from N122.55 billion in the corresponding period of 2023. Investment analysts have attributed the development to the monetary policy regime of the Central Bank of Nigeria, CBN, which […]

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