NERC To Cut Electricity Transmission Losses, Sets New Guidelines For Mini-Grid Operators
The Nigerian Electricity Regulatory Commission said it has introduced new regulations to reduce electricity transmission losses and improve transparency…
Category: Business
Lufthansa Hit By Fresh Strike As Pilots Down Tools
Hundreds of Lufthansa flights were cancelled Monday as pilots kicked off a strike over pay and pensions, the latest…
Dolce & Gabbana Appoints Ex-Gucci Boss Cantino As Co-CEO
Italian fashion house Dolce & Gabbana said Monday that it had appointed the former Gucci boss Stefano Cantino as…
Germany, Philippines Cut Fuel Taxes Amid Iran War Energy Shock
Chancellor Friedrich Merz said Monday Germany will slash fuel taxes as households struggle with the energy shock from the…
Alleged Terrorism-Financiers: SEC Orders Asset Freeze Of 13 Capital Market Entities
Nigeria’s Securities and Exchange Commission (SEC) has ordered an immediate asset freeze of the 13 new alleged terrorism-linked entities…
Nigeria’s Economy In Shock – Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s economy is in shock,…
IMF Projects $50b In Emergency Financing To Tackle Global Payment Balance Shocks
The International Monetary Fund (IMF) has said it anticipates up to $50 billion in emergency financing may be needed…
Oil Surges, Stocks Fall As Trump To Blockade Strait Of Hormuz
Oil prices surged, and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade…
US Military To Begin Blockade Of Iranian Ports On Monday
The US military said it would begin a blockade of all Iranian ports on Monday, after talks between the…
Kaka Celebrates 11th Batch of Empowerment Programme
Abdulazeez Abubakar Kaka and his team have celebrated the 11th batch of beneficiaries under their ongoing empowerment programme. The empowerment…