Economy

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IBEDC Hikes Electricity Tariffs for Residential Customers

In a move approved by the regulatory authority, Ibadan Electricity Distribution Company (IBEDC) has increased electricity tariffs for its Band A residential customers. According to...

House of Representatives Launch Investigation into Alleged Mismanagement of N2tn Anchor Borrowers Scheme

House of Representatives Launch Investigation into Alleged Mismanagement of N2tn Anchor Borrowers Scheme Recent reports have brought to light allegations of corruption and mismanagement within...

NNPCL Declares State of Emergency to Boost Nigeria’s Crude Oil Production

Nigeria's NNPCL declares emergency to increase crude oil production, signaling a strategic shift.

Surge in Nigeria’s Capital Importation in Q1 2024

In a significant development, Nigeria's capital importation saw a remarkable 210% increase in the first quarter of 2024, according to the latest report from...

toyota Revs Up Electric Vehicle Lineup for Nigeria

In a move to support the Nigerian government's green energy initiatives, Toyota Nigeria Limited (TNL) has announced plans to launch three new hybrid electric...
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