The ad hoc committee of the national economic council (NEC) says distribution companies (DisCos) owe the electricity market N230 billion as a result of inefficient collection...
Nigeria Deposit Insurance Company (NDIC) has completed payments to all depositors of 18 closed failed Banks all their monies trapped in such banks. These include insured...
The eleven electricity distribution companies (DisCos) in the country received 172,833 complaints from consumers in three months. This is contained in the latest 2019...
African Development Bank (AfDB) and Africa Growing Together Fund (AGTF) are to investing $200 million in the National Electrification Project (NEP), which is to address...
President Muhammadu Buhari has approved the reduction in the pump price of premium motor spirit (PMS) from N145 per litre to about N125. The reduction...
The House of Representatives on Tuesday unveiled plans to investigate the N3.45 billion approved for Solar Powered Grid Project in the six geo-political zones and the...
The Senate has raised alarm that with its approval of $22.7billion foreign loan request by President Muhammadu Buhari penultimate week, the total debt profile of...
Togo, Niger and Benin Republic owe Nigeria a total of N29.97 billion for the electricity supplied to them from January to September 2019, the Nigerian...
Advertisement The Central Bank of Nigeria (CBN) on Monday directed all deposit money banks to restructure loan terms and tenors to households and businesses affected by...
AM Best has examined more than 60 potential risks on U.S. insurance companies claims frequency and severity, and ranked them by level of impact, with a...