Discos fail to utilise 1,936MW despite blackouts – FG
The Federal Ministry of Power’s most recent data on the daily Discos load summary showed that the 11 power distribution companies in Nigeria did not use a total…
IPMAN begins strike, fuel scarcity imminent in North
Following the start of the Independent Petroleum Marketers Association of Nigeria’s Suleja Depot Branch’s three-day warning strike, Abuja, Kaduna, Nasarawa, Kogi, Niger, and neighbouring states may see another…
Stock investors lose N30bn in one day
At the close of trading on Monday, the Nigerian Exchange Limited’s equity market had lost N30 billion as the share prices of 18 companies fell.Information Guide Nigeria The…
Nigeria earns N14bn from cashew export, targets 1mMT
The National Cashew Association of Nigeria reported on Sunday that Nigeria made nearly N14 billion from cashew exports in the previous year and that the country is currently…
NNPC defends 68m-litre daily consumption, backs forensic audit
On Sunday, the Nigerian National Petroleum Company Limited asserted that there were 68 million gallons of Premium Motor Spirit, also known as gasoline, available every day throughout the…
Edo govt, Ossiomo to extend electricity supply
In a renewed effort to address the difficulties of power supply and promote industrialization, the Edo State Government and Ossiomo Power Plant have finalised plans to expand the…
FG blames high fertiliser cost on Russia-Ukraine war
The ongoing conflict in Ukraine has prevented the Federal Government from importing muriate of potash (MOP), one of the main raw materials needed for mixing the farm inputs,…
Osinbajo, others to chart path to cocoa industry sustenance
At the 2022 National Cocoa Festival, Vice President Yemi Osinbajo will lead agricultural sector stakeholders in a discussion about sustainable methods to strengthen the nation’s cocoa industry value…
FG urged to prepare Nigerians for subsidy removal
The withdrawal of the gasoline subsidy in 2023 would result in higher fuel costs, hence the Federal Government is being encouraged to prepare Nigerians for this. The results…
FG pays foreign firm $496m for contract violation
Abubakar Malami, the Attorney-General of the Federation and Minister of Justice, announced that the Federal Government had paid $496 million to resolve a long-running $5.26 billion contractual dispute…