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Tag: power supply

Naira notes swap: Gbajabiamila threatens Emefiele with arrest

The Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor...

FCMB to raise N30bn loan

First City Monument Bank Plc has unveiled a plan to raise N30bn from the local debt capital market, the group said in...

Deadline remains Jan 31 for old naira notes —CBN

The Central Bank of Nigeria has insisted that there is no going back on the January 31 deadline for the old 200,...

Inflation weakens naira by 15% in 2022 – NESG Report

The Nigerian Economic Summit Group has said that inflation weakened the naira by 14.9 per cent, adding that the naira redesign plan...

JUST IN: Explosion rocks Port Harcourt APC rally, three injured

No fewer than three persons were injured, on Thursday, when a twin explosion rocked a rally of the All Progressiives Congress at...

CAPITAL MARKET: Stock Market Sustains Bearish Sentiment With N47bn Loss

The Nigerian stock market on Wednesday closed bearish with a loss of N47bn, driven by profit-taking activities in Dangote Cement Plc and...

Power generation slumps by 1,713GWh

Power generation on the national grid slumped consecutively in the first and second quarters of 2022, recording a cumulative crash of 1,713.55...

PoS operators rule out service charge hike

The Association of Mobile Money and Bank Agents in Nigeria has said there are no plans to increase service their charges following...

Market capitalisation falls by N89.14bn

The stock market of the Nigerian Exchange Limited on Monday began the week on a negative note as the market capitalisation lost...

Inflation eases to 21.34% in December 2022

The inflation rate eased by 0.13% in December 2022 from 21.47% in November 2022 to 21.34% in December 2022.

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