Business

Consumers pay N1.2trn for electricity in six months — NERC

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 […]
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Expert faults NIMASA over sea worthiness of Indigenous vessels

Expert faults NIMASA over sea worthiness of Indigenous vessels

A maritime expert and shipowner, Captain Emmanuel Ihenacho has faulted claims by the management of the Nigeria Maritime Administration and Safety Agency (NIMASA) that indigenous shipowners do get jobs in the petroleum sector because most of their ships are not sea worthy.

Akran wants deep seaport in Badagry to check diversion

Akran wants deep seaport in Badagry to check diversion

The Akran of Badagry, Aholu Wheno Menu Toyi 1 has called on the Federal Government to build a deep sea port in Badagry, Lagos State as a way of checking diversion of Nigerian bound cargoes to neighbouring ports.

Investors lament delay in share certificate verification

Investors lament delay in share certificate verification

Investors have continued to lament the long delay associated with the verification of share certificates by registrars among others.
The investors who daily besieged registrars of quoted companies in their thousands are faced with various difficulties, ranging from verification of their share certificates, dividend warrant enquiries, re-validation of their warrant and probate letter of administration.