Power crisis worsens as generation drops 11% to 2,898 MW•NISO blames poor gas supply By Mariam Eko The crisis in Nigeria’s power sector worsened yesterday with further decline recorded in power generation. Data obtained from the Nigerian Independent System Operator, ...
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Nigeria’s money supply drops slightly to N123trn…as currency outside bank drops 3% •Credit to govt, private sector shrinks By Elizabeth Adegbesan Nigeria’s money supply (M²) fell by 0.8 percent month-on-month (MoM) to N123.4 trillion in January 2025 from N1 ...
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Vitafoam shareholders endorse N3.75 bn dividend, bonus sharesShareholders of Vitafoam Nigeria Plc , have approved a N125 million capital injection through a bonus share issue and endorsed a N3.75 billion dividend payout, signalling strong investor confidence in the company’s imp ...
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Dangote Refinery commits to energy stability amid global refineries shutdownBy Udeme Akpan Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international oil market. The ongoing conflict in the Middle Ea ...
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Nigeria’s non-oil exports to EU lag at 10% despite $21.87bn trade— NEPCBy Progress Godfrey The Nigerian Export promotion Council (NEPC) has urged agro-exporters to tap the European Union’s over 400 million-strong consumer market, warning that non-oil exports account for only 10 percent ...
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