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South Africa allocates extra $4.2 billion bailout for cash-strapped Eskom

South Africa allocates extra $4.2 billion bailout for cash-strapped Eskom

The South African Government has allocated an extra 59 billion rand ($4.24 billion) to struggling state-owned power utility, Eskom, over…
Data breach: CIBN asks bankers to protect customers

Data breach: CIBN asks bankers to protect customers

The Chartered Institute of Bankers of Nigeria has said it is critical for the banking community to display exemplary ethical…
Enugu Disco denies collecting N2 million from estate residents in Aba

Enugu Disco denies collecting N2 million from estate residents in Aba

File Photo Enugu Electricity Distribution Company (EEDC) is working to replace a faulty transformer in Federal Housing Estate, Ogbor-Hill, Aba,…
Zimbabwe increases fuel prices second time in a week

Zimbabwe increases fuel prices second time in a week

AHA Taxis Zimbabwe hiked fuel prices on Monday for the second time in a week but most pumps remained dry,…
Asian markets tank, oil prices rise ahead of US rate cut

Asian markets tank, oil prices rise ahead of US rate cut

Agence France-Presse Asian markets were in retreat Monday on dimming hopes for a deep interest rate cut by the US…
Blackout looms in parts of Kano as TCN suspends KEDCO

Blackout looms in parts of Kano as TCN suspends KEDCO

The Kano Electricity Distribution Company (KEDCO) on Sunday became the latest electricity distribution company to be affected by the gale…
FRSC announces partial closure of Lagos-Ibadan highway

FRSC announces partial closure of Lagos-Ibadan highway

The Ogun State Command of the Federal Road Safety Corps (FRSC), on Sunday disclosed that, there would be temporary closure…
How Nigeria lost $5 billion to Olokola, Brass LNG projects

How Nigeria lost $5 billion to Olokola, Brass LNG projects

Nigeria lost more than $5 billion to Olokola Liquefied Natural Gas (OKLNG) and Brass Liquefied Natural Gas (BLNG) because of…
DPR, LPG retailers clash over clampdown on cooking gas plants, outlets

DPR, LPG retailers clash over clampdown on cooking gas plants, outlets

File Photo The Federal Government’s target to deepen the use of Liquefied Petroleum Gas (LPG), popularly called cooking gas suffered…
Disney: ‘Avengers’ to break ‘Avatar’ all-time record

Disney: ‘Avengers’ to break ‘Avatar’ all-time record

Marvel’s “Avengers: Endgame” will become the highest-grossing film of all time this weekend, parent company Disney said in a statement…
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