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Business

NERC Fines AEDC N1.69bn for Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) the...

Shell’s $2.8 Billion Divestment Deal Stuck as Host Communities Sue Company for Breaching “Mareva” Injunction

A divestment deal worth $2.8 billion between Shell Petroleum Development Company Limited (SPDC) and some indigenous...

Fuel Peddling Risks Jail as Lagos Authorities Crack Down Amidst Crisis

The fuel crisis plaguing Nigeria has driven desperate citizens to risky measures as petrol peddlers take to the...