Consumers pay N1.2trn for electricity in six months — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
Top 10 performing stocks
On the top 10 performing stocks last week were the shares of Ikeja Hotels Plc, Cadbury Nig. Plc, Transnational Corporation of Nigeria (Transcorp Plc), Oando Plc, Unilever Nig. Plc and PZ Cusson Plc.
Extractive industry: NMGS eyes increased contribution to economic devt
The Nigerian Mining and Geosciences Society (NMGS) has promised to ensure that the entire gamut of the Nigerian extractive industry gets a boost for an increased contribution to the growth of the national economy
FG, American investors sign MoU on 1,200MW solar power project
A consortium of American Investors in renewable energy, under the auspices of MOTIR SEASPIRE has signed a Memorandum of Understanding, MoU, with the federal government to deliver 1,200MW of solar-powered electricity in Nigeria within the next two years.
FG seeks reversal of UK trade strategy on Nigeria
The Federal Government of Nigeria has called on the government of United Kingdom and its companies operating in Nigeria, to embrace the new business strategy designed to discourage focus on export of raw materials from Nigeria and encourage export of processed goods for economic transformation.
Electricity: MAN cries out over high tariff, fixed charges
The Manufacturers’ Association of Nigeria, MAN, has cried out to the Federal Government to review the multi-year tariff order, MYTO II, released in June 2014, containing the discriminatory fixed and average charges, saying the charges are suffocating the sector.
