Aba Power Plc made a big decision when it invested N33 billion to provide smart meters to its customers. The project is on and over 40,000 have received meters.
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Bulgaria to get final green light to adopt euro in 2026
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CBN Releases Fresh FX rates for Access, UBA, Zenith as naira strengthens against dollar
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Cooking Gas prices surge by 32.5% in one year, reach all-time high in 2025
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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
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Ikeja Electric, Eko Electric, others report growth in revenues despite decline in billing efficiency
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Nigerian traders explain why food prices are declining, share expectations
Traders across Nigerian markets have claimed fuel price slashes and other factors to be responsible for the recent slight decline in the prices of food.
Volkswagen profits hit as high costs, China woes weigh
German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition.
Struggling Japanese automaker Nissan replaces CEO
Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.
Nigeria moves gingerly to tame Africa's biggest crypto market
Nigerian authorities are warily moving to regulate Africa's largest cryptocurrency market in long-delayed efforts to create legal certainty in a field still fraught with fraud and volatility.
Ships still on fire after North Sea crash
Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet fuel in the North Sea, as questions mounted about how the accident happened. The Stena Immaculate was carrying around 220,000 barrels of jet fuel.
Lego posts record profit, CEO shrugs off US tariff threat
Lego's CEO told AFP that US President Donald Trump's tariff threats do not keep him "awake at night" as the world's largest toymaker posted on Tuesday record earnings for 2024.
Chatham House warns FG not to strengthen naira, lists benefits for Nigeria’s economy
Amid complains of inflation and cost-of-living crisis, Chatham House in London has warned the federal government against strengthening the naira.
Naira bounces back in the official window as traders sell dollar high in black market
The naira recovered in the official foreign exchange market on Monday, March 10, 2025, after days of depreciation, trading at N1,528 to a dollar from N1,542.
Trump says will buy a Tesla to show support for Musk
US President Donald Trump said Tuesday he will buy a "brand new Tesla" to show support for his top campaign donor and advisor, Tesla CEO Elon Musk. "I'm going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American.
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