Business
Power generation falls 37% as DISCOs lose N129bn, record 184,024 complaints
•As Nigerians, businesses groan over 3,885.72MW generation; •NERC: Metering, billing, supply interruptions dominate complaints •DISCOs’ ATC&C losses hit 36.23% in Q2 By Ediri Ejoh Nigerians and businesses are set to
NUPRC seeks fresh capital, offers 40 oil blocks as output rises to 1.82mbpd
•120 projects attract $47.6bn investment since 2024 •Nigeria accounts for 38% of Africa’s upstream investment •1.82mbpd figure includes condensate By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission, NUPRC,
NESG pushes states to drive economic growth, development
By Oneme Onyeme The Nigerian Economic Summit Group (NESG) has urged state governments to take the lead in driving economic growth and development by leveraging their unique economic potentials, improving
Oil & Gas Index Leads Stock Market With 133.94% YtD Return
Kayode Tokede The Oil & Gas Index maintained its position as the best performing indicator on the Nigerian Exchange Limited (NGX), gaining 133.94 per cent Year-till-Date (YtD) to outperform the
FMDA: Nigeria’s Current Account Surplus Will Hit $8.69bn in Q3
Nume Ekeghe The Financial Markets Dealers Association (FMDA) has predicted that Nigeria’s current account surplus will widen to $8.69 billion in the third quarter of 2026, from $7.54 billion recorded
Dangote Cement Boosts Learning in Lagos Host Community
Dangote Cement Plc has reinforced its commitment to educational advancement and community development with the donation of classroom furniture and learning materials to Ladi-Lak Nursery and Primary School in Apapa,
ProvidusUnity Takes Merger Story to Customers, Deepens Engagement
Nume Ekeghe writes on ProvidusUnity Bank’s post-merger drive to deepen customer engagement and deliver greater value A merger can create a bigger bank overnight. Building a stronger relationship with customers,
Nigeria at 66: Insurance Industry Focuses on Developing Institutional Strength
As Nigeria clocks 66, the insurance industry is focusing on strengthening its operations to support the national economic growth writes Ebere Nwoji The series of reforms going on in the insurance sector
Firm Unveils Enhanced Third Party Motor Insurance Policy
Ebere Nwoji Anchor Insurance Company, Limited has unveiled two significant innovations into its operations , the Enhanced Third-Party Motor Insurance Policy and the Anchor Insurance Digital Application. The company said
Vitafoam Boosts Practical Science Education
Kayode Tokede Vitafoam Nigeria Plc has turned its CSR commitment into tangible educational impact, renovating a Chemistry Laboratory at LASUED to enhance practical learning and support the development of science-based
