By Jemimah Wellington, JKNewsMedia Reporter THE MINISTER of Power, Adebayo Adelabu, announced during the public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja that the federal government is reviewing Nigeria’s electricity tariff system to address significant disparities ...
By Jemimah Wellington, JKNewsMedia Reporter AMID RISING concerns over recurring price hikes, the Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria, the operator of DStv and GOtv, to suspend any subscription price increases until an ongoing investigation into its proposed tariff adjustment is concl...
By Ajibola Olaide, JKNewsMedia Reporter ECONOMIC GROWTH in 2024 surpassed expectations, reinforcing the impact of reforms initiated by President Bola Ahmed Tinubu on 29 May 2023. The Independent Media and Policy Initiative (IMPI) disclosed this in a statement issued by its Chairman, Dr. Omoniyi M. Akinsiju. At 3.40 per cent for the full year,...
By Jemimah Wellington, JKNewsMedia Reporter THE OPERATOR of DStv and GOtv, MultiChoice Nigeria, faces backlash over another subscription fee hike, sparking concerns among consumers. Towards this end, the Federal Competition and Consumer Protection Commission (FCCPC) has summoned the company to justify the latest increase, which takes effect o...
By Jemimah Wellington, JKNewsMedia Reporter PETROL PRICES have dropped as Dangote Petroleum Refinery reduced its ex-depot rate from N890 to N825 per litre, offering relief to consumers across Nigeria. The company said the revised pricing takes effect from 27th February 2025. Under the new structure, MRS Holdings stations will sell at N860 per...
By NAN THE FEDERAL Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu made this known on Tuesday, while officially declaring the eight edition of the Nigeria International E...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA IS set to invest $2 billion in digital infrastructure to enhance the nation’s connectivity, improve digital services, and strengthen data security. The initiative aims to accelerate economic growth and ensure the protection of digital identities and rights across the country. Minister of Com...
By Jemimah Wellington, JKNewsMedia Reporter AFRICA IS emerging as a key player in the global energy market, with Nigeria positioned at the forefront as the continent’s largest oil and gas producer. The increasing demand for energy worldwide underscores the region’s potential, as industry leaders push for more investment and infrastructure dev...
By Jemimah Wellington, JKNewsMedia Reporter ELECTRICITY GENERATION in Nigeria has reached an all-time high of 5,543 megawatts (MW), marking a significant milestone in the country’s power sector. The Transmission Company of Nigeria (TCN) confirmed that the new peak was recorded at 11:00 p.m. on February 14, 2025, surpassing the previous day’s ...
By Joke Kujenya RISING LEVELS of hunger and malnutrition continue to challenge many low-income nations, especially in Africa, with millions facing severe food insecurity. The crisis, intensified by conflicts and climate change, has worsened in East and West Africa, where nearly 111 million people are at risk, according to the World Bank’...
