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Expert lauds President Buhari for granting waiver on prepaid meters import levy

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An Electricity expert, Mr Mohammed Idris on Monday commended President Muhammadu Buhari for granting a one-year waiver on import levy on prepaid electricity meters. Idris...
Business

Total blackout in Rivers as angry youths shutdown Afam power station

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Some angry youths in the late hours of Friday, shutdown the Afam power station belonging to the Transmission Company of Nigeria (TCN) resulting to total...
Business

Shoprite exits Nigeria after 15 years

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Africa’s biggest grocery retailer, Shoprite, is exiting the continent’s most populated country, Nigeria, after 15 years. The Cape Town-based retailer has started a formal process...
Business

NERC begins review of Discos’ responses to queries on capping order

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The Nigerian Electricity Regulatory Commission (NERC) said Tuesday that it is reviewing the responses of some power distribution companies (Discos) to its queries on the...