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Tuesday, June 23, 2026
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Energy FEATURED Latest TOP STORIES 

Nigeria’s power generation plunges to 2,649.9MW after fire incident

June 15, 2023June 15, 2023 Markets Reporters 0 Comments Power generation in Nigeria

Electricity generation in Nigeria fell by 37 percent in 24 hours, worsening outages in Africa’s biggest economy amid rising cost

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation seen hitting 30% on Tinubu’s reforms

June 15, 2023June 15, 2023 Markets Reporters 0 Comments Inflation rate in Nigeria, naira devaluation, Petrol subsidy removal

The annual inflation rate in Nigeria is expected to surge to more than 30 percent in coming months following the

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Energy FEATURED Latest TOP STORIES 

Blackout in Magodo, Ogba, others as Ikeja West Grid trips

June 15, 2023June 15, 2023 Markets Reporters 0 Comments Ikeja Electric, Ikeja West Grid, Magodo

Several parts of Lagos have been thrown into total darkness for hours following the tripping from Ikeja West Grid and

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FEATURED Latest Thinkpiece TOP STORIES 

A smile improves your face value

June 15, 2023June 15, 2023 Markets Reporters 0 Comments Harvey Mackay, Smile

By Harvey Mackay I learned years ago that one of the most powerful and effective things you can do to

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Energy FEATURED Latest TOP STORIES 

Shell’s E&P unit pays Nigeria $907m in annual taxes, royalties

June 15, 2023June 13, 2023 Markets Reporters 0 Comments Elohor Aiboni, Shell Nigeria, SNEPCo

Shell Nigeria Exploration and Production Company has said it paid a total of $907 million as taxes and royalties to

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Energy FEATURED Latest TOP STORIES 

Nigerian government returns immigration documents to Seplat CEO

June 13, 2023June 13, 2023 Markets Reporters 0 Comments Roger Brown Seplat CEO

Seplat Energy announced on Tuesday that the Ministry of Interior and the Nigeria Immigration Service have restored the working permit,

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Energy FEATURED Latest TOP STORIES 

TotalEnergies finds oil, gas offshore Nigeria

June 13, 2023June 13, 2023 Markets Reporters 0 Comments Offshore Nigeria, OML 120, TotalEnergies

TotalEnergies has announced the Ntokon oil and gas discovery on OML102 offshore Nigeria.  Located in shallow waters, 60 km off

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Economics FEATURED Latest TOP STORIES 

Large naira devaluation, sharp rate hikes appear likely: Capital Economics

June 12, 2023June 12, 2023 Markets Reporters 0 Comments Bola Tinubu, Capital Economics, naira devaluation

With the suspension of the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, a large devaluation of the

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Economics FEATURED Latest TOP STORIES 

South Africa dodges recession as GDP grows 0.4%

June 6, 2023June 6, 2023 Markets Reporters 0 Comments Capital Economics, South Africa, Technical recession

South Africa, the most industrialised economy in Africa, skirted a technical recession as its GDP expanded by 0.4 percent in

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Economics FEATURED Latest TOP STORIES 

Subsidy removal: TUC demands N200,000 minimum wage, tax holiday, others

June 5, 2023June 5, 2023 Markets Reporters 0 Comments

The Trade Union Congress of Nigeria has asked the Federal Government to increase the country’s minimum wage from N30,000 to

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