Cuba’s power grid collapses again as hurricane intensifies woes
Cuba experienced another collapse of its electrical grid on Sunday, marking the fourth such failure in just 48 hours. This latest outage comes as a hurricane made landfall, exacerbating the…
ICYMI: Nigeria provides uninterrupted electricity to neighbours – TCN boss
The Managing Director of the Transmission Company of Nigeria, Engr. Sule Abdulaziz, has disclosed that Nigeria supplies uninterrupted electricity to neighbouring countries Togo, Benin, and Niger Republic despite many Nigerians…
Cooking gas prices skyrocket by 114% in 16 months – Report
The price of Liquefied Petroleum Gas, commonly known as cooking gas, has surged dramatically from N700 per kilogram in June 2023, around the time President Bola Tinubu assumed office, to…
Effective public sector vital for national development – Directors
The Chartered Institute of Directors of Nigeria has emphasized the critical importance of effective public sector governance as Nigeria faces the complex challenges of the 21st century. In a recent…
More than 60% of Nigerians live in slums – Stakeholders
Stakeholders in the built environment have revealed that 60 per cent of Nigerians reside in slums. This was disclosed by the stakeholders at the 33rd Lagos Builders’ Conference and annual…
Eterna launches direct aviation fuel supply at Lagos airport
Eterna Plc, an integrated energy provider in Nigeria, has announced a significant milestone with the launch of its "into-plane Jet-A1 fuel operations" at Murtala Muhammed Airport in Lagos. This development…
Cardoso urges action to address shortage of finance professionals
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has emphasized the urgent need to tackle the shortage of skilled professionals in finance-related fields within Nigerian universities. In…
Private power generation now priced at N750 per kWh
The Minister of Power, Adebayo Adelabu, has announced that private entities will face costs of up to N750 to generate one kilowatt-hour of electricity, primarily due to the soaring price…
Nigerian marketers import 123m litres of petrol
No fewer than four vessels carrying imported Premium Motor Spirit, commonly known as petrol, arrived at seaports along Nigeria's borders between October 18 and October 20, according to Nigerian Port…
Dangote refinery dominates two-thirds of Nigeria’s jet fuel market – Report
Dangote’s jet fuel now accounts for at least two-thirds of Nigeria’s supply and nearly half of the jet fuel consumed across West Africa, according to data from Energy Intelligence, a…
PAN raises alarm over soaring egg production costs
The Poultry Association of Nigeri, Lagos State chapter, along with industry stakeholders, has raised concerns over the escalating costs of raw materials for egg production, which are significantly driving up…
FG to exempt pads, baby products, others from tax in new bill
The Federal Government has introduced a new bill aimed at exempting various essential products and services from Value Added Tax. The proposed VAT exemption list includes baby products, locally manufactured…
