Business

The African Development Bank is ready to disburse $250 million into the Nigeria Electrification Project, Minister of Power, Adebayo Adelabu, said on Thursday. The NEP seeks to bridge the energy access deficit by providing electricity to households, MSMEs, and educational and healthcare facilities in unserved and underserved rural communities. Adelabu …

The International Air Transport Association (IATA) has listed the Nnamdi Azikiwe International Airport (NAIA) Abuja as topping the list of airports with highest airport charges followed by the Murtala Muhammed International Airport (MMIA) Lagos as coming second. The association described the high taxes in the continent as inimical to the …

In view of the increasing huge chunk of imports from China, the Association of Capital Market Academics of Nigeria (ACMAN) has urged the Central Bank of Nigeria (CBN) to revisit its currency swap deal with the Asian country to a scale that reduces significantly the dependence on the United States …

  The Federal Government unveiled an application called the Power Outage Reporting System, which enables consumers to report electricity disruptions to distribution companies under monitoring by the Nigerian Electricity Regulatory Commission, on Monday. It unveiled the applications at the Abuja headquarters of NERC, using the Abuja Electricity Distribution Company as …