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PHOTOS: Again, vandals attack Nigeria's electricity transmission line

Nigeria, Feb. 26 -- The Transmission Company of Nigeria (TCN) on Sunday said that two of its transmission towers, T377 and T378, along the Gombe-Damaturu 330kV transmission line were vandalised. A st... Read More


Peg customs duty exchange rate at N1000/$, CPPE urges CBN

Nigeria, Feb. 26 -- The Centre for the Promotion of Private Enterprise (CPPE) on Sunday appealed to the Central Bank of Nigeria (CBN) to peg the customs duty exchange rate at N1,000 per dollar for the... Read More


SPECIAL REPORT: No relief for Nigerians as sky-high food prices bite harder

Nigeria, Feb. 24 -- Standing behind a parked vehicle in front of her shop loaded with some food commodities, 58-year-old Nkiruka Romanus wipes her face with the back of her palms to clean a simmering ... Read More


Nigerian govt set to ban export of cooking gas

Nigeria, Feb. 23 -- The Nigerian government on Thursday said it is interacting with critical sectors to ensure there was no exportation of Liquified Petroleum Gas (LPG), also known as cooking gas. Th... Read More


Nigeria's GDP grew by 3.46% in Q4 2023 - NBS

Nigeria, Feb. 22 -- Nigeria's Gross Domestic Product (GDP) grew by 3.46 per cent year-on-year in real terms in the fourth quarter of 2023, the National Bureau of Statistics has said. The NBS said thi... Read More


Minister seeks consistent reform in Nigeria's power sector

Nigeria, Feb. 21 -- Nigeria's Minister of Power, Adebayo Adelabu, on Tuesday, stressed the need for consistent reform in the country's power sector to drive sustainable development. Mr Adelabu stated... Read More


NARTO tells members to resume operations

Nigeria, Feb. 20 -- The Nigerian Association of Road Transport Owners (NARTO) on Tuesday directed its members to immediately resume petroleum loading activities. The National President of NARTO, Othm... Read More


Nigerian govt, major manufacturers agree on cement price

Nigeria, Feb. 20 -- Major cement manufacturers in Nigeria, Dangote, BUA and Lafarge have agreed that the price of a bag of cement will not exceed between N7,000 and N8,000. The resolution was reached... Read More


Nigeria's unemployment rate surges 5% in Q3 2023 - NBS

Nigeria, Feb. 20 -- Nigeria's unemployment rate rose to 5 per cent in the third quarter of 2023, the National Bureau of Statistics has said. The bureau said this in its Nigeria Labour Force Survey (N... Read More


Fuel queues resurface in Abuja as NARTO threatens strike action

Nigeria, Feb. 20 -- Fuel queues returned to filling stations in Abuja on Monday, as the Nigerian Association of Road Transport Owners (NARTO) directed its members to withdraw services. A PREMIUM TIME... Read More