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Adelabu: Power sector crisis has defied all solutions

    Adelabu: Power sector crisis has defied all solutions

Adebayo Adelabu, minister of power, has described the power sector crisis as “historical”, stressing it has defied all solutions. Adelabu spoke in Abuja on April 22 during a visit from

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Chinese commerce chamber denies restricting Nigerians from Abuja supermarket

    Chinese commerce chamber denies restricting Nigerians from Abuja supermarket

The China General Chamber of Commerce (CGCC) in Nigeria says no Nigerian has been subjected to discrimination or denied access to Royal Choice, a Chinese supermarket. Cui Guangzheng, secretary of

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FG to sell DisCos managed by AMCON, banks in next three months

    FG to sell DisCos managed by AMCON, banks in next three months

The federal government says it would sell off five electricity distribution companies (DisCos) under the management of banks and Asset Management Corporation of Nigeria (AMCON) in the next three months

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Naira depreciates further at parallel market, trades at N1,260/$

    Naira depreciates further at parallel market, trades at N1,260/$

The naira on Monday depreciated further to N1,260 per dollar at the parallel section of the foreign exchange (FX) market. The latest figure represents a 2.44 percent drop from the

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CAC revokes certificates of NIPOST subsidiaries over ‘improper procurement’

    CAC revokes certificates of NIPOST subsidiaries over ‘improper procurement’

The Corporate Affairs Commission (CAC) has revoked the certificates of incorporation of the Nigerian Postal Service (NIPOST) subsidiaries over improper

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FCCPC probes Abuja Chinese supermarket where Nigerians are barred from shopping

    FCCPC probes Abuja Chinese supermarket where Nigerians are barred from shopping

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the owners of a Chinese supermarket, Royal Choice, in Abuja

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NERC transfers oversight of Enugu electricity market to state government

    NERC transfers oversight of Enugu electricity market to state government

The Nigerian Electricity Regulatory Commission (NERC) has transferred oversight of the electricity market in Enugu state to the Enugu State

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APPLY: FG begins loan disbursement process for MSME, manufacturing sector

    APPLY: FG begins loan disbursement process for MSME, manufacturing sector

The federal government says it has commenced the loan disbursement process for micro, small and medium enterprises (MSME) and manufacturing

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Report: Binance executive who escaped from Nigeria arrested in Kenya

    Report: Binance executive who escaped from Nigeria arrested in Kenya

The Kenya Police Service has reportedly arrested Nadeem Anjarwalla, the Binance regional manager for Africa.  According to Punch, the international

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Shareholders to SEC DG: Address rising unclaimed dividends, frequent delisting

    Shareholders to SEC DG: Address rising unclaimed dividends, frequent delisting

Shareholders in the Nigerian bourse have asked the management of the Securities and Exchange Commission (SEC) to tackle untamed growth

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