Latest
Power supply to drop again, TCN alerts Nigerians
The Transmission Company of Nigeria, in a statement on Monday, said the drop would be as a result of planned...
Read more
Nigeria’s inflation overshoots World Bank projection by 20%
DESPITE raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s...
Read more
Over-regulation, new taxes impacting business growth, survival
As the country struggles to ramp up revenue, private sector operators have expressed concerns about the government’s resort to multiple...
Read more
NCC charges MNOs, ISPs on alternative energy as diesel cost spikes
• Danbatta insists no hike in telecoms tariffs, claims FOREX will be available soon • ALTON claims service downtime is...
Read more
Manufacturer explores opportunities in gas power solutions
Manufacturer of heavy-duty equipment, Caterpillar, has urged operators in the oil and gas sector to explore opportunities in gas power...
Read more
Nigeria losing billions of naira to IOCs – Stevedores
The National Association of Stevedoring Operators, on Wednesday, said that the country was losing billions of naira to International Oil...
Read more
How switch from diesel to gas aided 70% drop in energy costs
Tosett Agro Industries Ltd, an industrial firm, says it has seen energy costs fall by 70 per cent and lowered...
Read more
90% of technologies powering Nigerian economy imported, says NOTAP
As Nigeria saves N79.6b in technology transfer processes The National Office for Technology Acquisition and Promotion (NOTAP) has said that...
Read more
Agusto & Co. affirms Coronation Merchant Bank’s ‘A+’ rating, assigns an ESG score of 2 and a stable outlook.
The rating expires on 30 June 2023. Agusto & Co. has affirmed the ‘A+’ rating assigned to Coronation Merchant Bank...
Read more
Agusto & Co. upgrades Access Bank Plc.’s rating to ‘Aa’, assigns an ESG score of 2 and a stable outlook.
The rating expires on 30 June 2023. Agusto & Co. has upgraded Access Bank Plc.’s (‘Access Bank’ or ‘the Bank’)...
Read more
Agusto & Co. upgrades Rand Merchant Bank Nigeria Limited’s credit rating to ‘Aa’, with a stable outlook
The rating expires on 30 June 2023. Agusto &Co. hereby upgrade the rating of Rand Merchant Bank Nigeria Limited (‘RMBN’...
Read more
FG plans 3,863mw to boost power grid – Report
An additional capacity of 3,863 megawatts of electricity is to be made available to boost power supply to customers across...
Read more
ICCN urges diplomatic action against global food security crisis
The International Chamber of Commerce Nigeria (ICCN) has called for urgent, decisive, diplomatic and practical action to avert a global...
Read more
Nigeria’s cosmetic market hits N1tr turnover, records 14.5% growth
The value of Nigeria’s cosmetic retail sales grew by an average of 14.5 per cent last year and added hundreds...
Read more
Oil companies oppose FG’s penalties over gas flaring
Oil and gas companies have committed to gas flare reduction in Nigeria though some of them opposed the enforcement of...
Read more
Marketers, depots fight over 16.6bn litre fuel diversion
Oil marketers and depot owners have clashed over allegations of diversion of 16.6 billion litres of fuel to neighbouring countries....
Read more
Labour faults NNPC’s petrol imports, consumption figures
The Nigerian Labour Congress has criticised the Nigerian National Petroleum Corporation over the secrecy surrounding the subsidy of Premium Motor...
Read more
Rising subsidy’ll stop states from paying salaries – Governors
The Nigeria Governors’ Forum has lamented that the subsidy on petroleum products, especially Premium Motor Spirit (petrol), has placed a...
Read more
Discos vow to battle FG over takeover, restructuring
The receiver/manager’s nominee of Integrated Energy Distribution and Marketing Company on Wednesday said it was the legal and beneficial owner...
Read more
Agusto & Co. Affirms Coronation Merchant Bank ‘A+’
Agusto & Co has affirmed the reputable A+ rating to Nigeria’s leading financial institution, Coronation Merchant Bank in its recently...
Read more
Bank assets rise by 21% to N64.32tn – CBN
Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures obtained...
Read more
Contributory Pension Scheme as Panacea for Retirement Challenges in Nigeria
The introduction of the Contributory Pension Scheme (CPS) in 2004 addressed the challenges of the Defined Benefits Scheme (DBS), which...
Read more
British International Investment Commits $20m to Mobility Fintech
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group has introduced its new...
Read more
Recession fears haunt markets
The losses came after a gloomy US consumer confidence report had sent Wall Street tumbling on Tuesday. US stocks stabilised...
Read moreUnderstanding CBN Perspectives on RT200
With the current unstable accruals in the Foreign Exchange (FX) Reserves; dwindling from $39,650 billion in April to $38,540 billion...
Read more
Powered by Agusto & Co.