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AfDB President Akinwunmi Adesina

Akin Adesina: Nigeria’s 4,500MW of power a shame

Akinwumi Adesina, president of the African Development Bank (AfDB), says it is unacceptable for Nigeria to be delivering 4,500 megawatts of electricity.

NSE suspends trading on Skye Bank shares

The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24.

Senate approves N348 billion subsidy payment to 74 oil marketers

The Senate has approved the payment of N348 billion as outstanding subsidy claims to 74 petroleum marketers.

Afam Power: Stranded power compels us to cut generation from 560MW to 240MW

The management of Afam Power PLC, has been compelled to cut generation from 560 megawatts, MW to 250 MW as a result of distribution challenges.

Oil prices rise as US lowers drilling

Oil prices have been lifted by a drop in U.S. drilling activity as well as by expectations that the United States could re-introduce sanctions against Iran.

Penny stocks post price depreciation on Nigerian Stock Exchange

Many penny stocks posted price depreciation on the Nigerian Stock Exchange (NSE) for the month of February, with Consolidated Hallmark emerging the worst performing stock in percentage terms.

NSE pricing methodology has provided liquidity for inactive stocks – experts

Some financial experts on Monday said that the Nigerian Stock Exchange amended par-value and pricing methodology has provided liquidity for inactive stocks in the market.

Recent Stories

INEC Election Nigeria

Katsina by-election holds amidst tight security

The Independent National Electoral Commission (INEC) has commenced the by-election into the Kankiya/Kusada/Ingawa federal constituency.

Nasir El-Rufai: Kaduna safe to host Ministry of Interior Games

The Governor of Kaduna State, Malam Nasir El-Rufai, said on Saturday that the state was safe to host the 2018 Ministry of Interior Games (MIGA) slated to hold from Nov. 23 to Dec. 1.

Bauchi bye-election: Two political parties field candidates – INEC

The Independent National Electoral Commission (INEC) has said that only two political parties field candidates in the Saturday’s bye-election for Toro Federal Constituency of Bauchi State.
INEC Card Reader

REC: Kwara bye-election peaceful

The Resident Electoral Commissioner (REC) in Kwara, Garba Madami, has described the Ekiti/Isin/Oke-Ero and Irepodun federal constituency bye-election peaceful.
Archbishop Carlo Maria Viganò

Pope critic ordered to pay €1.8 million to disabled brother – report

An Italian archbishop, who called on Pope Francis to resign has been hit with a court order to pay his disabled brother 1.8 million euros from an inheritance under his control, Italian media reported on Thursday.