The Transmission Company of Nigeria (TCN) says that the nation’s power generation improved slightly to 3,528.90 megawatts on Feb. 1 from 2,662 megawatts on Jan. 22. This figure was disclosed on the website of the Nigerian Electricity System Operator (SO), a sub-agency of the TCN, in its daily forecast on power generation in Lagos on Wednesday. “The slight increase in …

The harsh economic realities is beginning to take its tolls on the country’s indigenous oil and gas marketing company, as Forte Oil Plc on Tuesday reported a decline in its full year profit after tax for the period ended December 31, 2016. Specifically, the company results showed 50.1 percent drop from N5.794 billion that was reported in 2015 to N2.890 …

The management of the Nigerian Stock Exchange (NSE) on Tuesday listed MED-VIEW Airline’s 9,750,649,400 ordinary shares of 50kobo each at N1.50kobo per share on the floor of the Stock market, valued at N16.5 billion. This is just as the airline also stated that it is projecting growth despite challenges in 2020 with a revenue growth forecast of N58.5billion, improving on its …