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Petroleum Sector Retards National Progress

Petroleum Sector Retards National Progress

By Dele Sobowale NNPCL is the only state-owned oil producing organization in the entire world which has become a perpetual drag on the nation’s progress. Last week, just as the nation was celebrating the declaration of Ntn profits from operations last year, Nigerians were once again reminded that very little has changed in the management of […]

Amid blackouts: NERC, experts clash as DisCos’ revenue rises to N1.7trn

Amid blackouts: NERC, experts clash as DisCos’ revenue rises to N1.7trn

•Billing, collection efficiency on the rise – NERC • Experts disagree, say customers are being cheated By Ediri Ejoh The Nigerian Electricity Regulatory Commission, NERC, and experts in the sector appear to be singing a different song  over the factors driving the  increase in the revenue of  electricity distribution companies, DisCos. While NERC attributed the increase in […]

Stock market rebounds as investors gain N2.4trn

Stock market rebounds as investors gain N2.4trn

•2026 positioning begins By Peter Egwuatu  The Nigerian stock market has recovered from losses it recorded in November as investors gained N2.436 trillion in the five trading days of last week. Specifically, the Nigerian Exchange Limited, NGX, market capitalisation, which represents the total value of shares listed on the Exchange, rose to N93.722 trillion on Friday […]