Most Recent Articles by

Itohan Olomu-Agbodo

Breaking: Nigeria’s Power Generation Hits All-Time Peak Of 5,552.8MW

The Transmission Company of Nigeria (TCN) said on Thursday the country has recorded an all-time power generation peak of 5,552.8 megawatts. TCN General Manager, Public...

Breaking: No approval for 50% electricity tariff increase —NERC

The Nigerian Electricity Regulatory Commission, on Tuesday afternoon, said it has not increased electricity tariff by 50 per cent. The Commission, in a statement, said...

BREAKING: NSE Named World’s Best-performing Stock Market In 2020

The Nigerian Stock Exchange (NSE) has been ranked 2020’s best-performing stock market among the 93 equity indexes being tracked by Bloomberg across the world. According...

Breaking: Atletico Madrid Terminates Diego Costa’s Contract

Spanish La Liga giants, Atlético de Madrid and Diego Costa have reached an agreement for the termination of the striker’s contract. The striker’s contract was...

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Guinea Moves To Become West Africa’s Gold Refining Hub With New Export Ban

Guinea is stepping up efforts to become a leading gold refining hub in West Africa as it seeks to process more of its precious metals locally instead of exporting raw gold abroad. Mines Minister Bouna Sylla said the country has built one of Africa’s largest gold refineries, with...

IMF Says Malawi Loan Programme Depends On Government’s Reform Commitment

The International Monetary Fund (IMF) says it is prepared to move quickly on a new credit programme for Malawi but has stressed that any financial support will depend on the government’s commitment to implementing key economic reforms. IMF Resident Representative Nelnan Koumtingue said discussions with Malawian authorities are...

FCCPC Warns Fuel Marketers Against Exploiting As Global Oil Prices Fall

The Federal Competition and Consumer Protection Commission (FCCPC) has warned operators in Nigeria’s downstream petroleum sector against exploiting consumers by failing to reflect the significant decline in global crude oil prices in retail fuel prices. As of the time of filing this report, global benchmark Brent crude was...