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 […]
FG canvases PPP in agric mechanisation
To an average Nigerian youth, the man with hoe and cutlass remains the best image of a Nigerian farmer. Majority of Nigeria’s smallholder farmers are often too poor to employ modern tools, such as tractors and plows, despite large investment by the government in the past.
Shareholders ask SEC, NSE to cancel Transcorp Hotel IPO
Some Transnational Corporation shareholders have urged the Nigerian capital market regulators to void the Initial Public Offering (IPO) of Transcorp Hotels.Plc.
FIIRO promises growth with agro value chain
The Director-General, the Federal Institute of Industrial Research, Oshodi (FIIRO), Dr. Gloria Elemo has disclosed that the institute had designed and patented a plant for the mechanised production of garri, just as it had developed 25 cassava-based products through its research and development.
ECONOMY: FG consolidates nation’s position — Aganga
The federal government is committed to consolidating the position of Nigeria as Africa’s largest economy through dynamic local and international investment policies and projects, Trade and Investment Minister Segun Aganga said in Abuja, yesterday.
Regulators fine global banks $3.4bn in forex probe
Regulators fined five major banks $3.4 billion for failing to stop traders from trying to manipulate the foreign exchange market, the first settlement in a year-long global investigation.
