Bunmi Aduloju
Journalist, Business Reporter at TheCable
Light in Darkness | Journalist @thecableng | Formerly with @gas_africa | Business | Energy | 2021 NAREP Fellow @CJIDAfrica | Poetess
Articles
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1 week ago |
thecable.ng | Bunmi Aduloju
The electricity power generation companies (GenCos) have warned that the over N4 trillion unpaid invoices owed by the federal government and stakeholders for electricity generated threatens their operations. In a statement on Monday, signed by Sani Bello, chairman of board of trustees, Association of Power Generation Companies (APGC), the GenCos asked the federal government and key stakeholders to urgently address the issue.
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1 week ago |
thecable.ng | Bunmi Aduloju
The Organisation of Petroleum Exporting Countries (OPEC) has cut its demand growth forecast, citing the impact of trade tariffs announced by the United States. On April 2, President Donald Trump imposed sweeping global tariffs (including 14 percent on Nigeria) on all imports into the US. However, on April 9, he paused tariffs for dozens of countries but raised China’s tariff rates from 104 percent to 125 percent.
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1 week ago |
thecable.ng | Bunmi Aduloju
Nigeria retained its position as the largest crude oil producer in Africa despite a decline in the country’s output in March, according to the Organisation of the Petroleum Exporting Countries (OPEC). In its latest monthly report on Monday, the oil cartel said Nigeria’s oil output decreased to 1.40 million barrels per day (bpd) in March – from 1.46 million bpd in the previous month.
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1 week ago |
thecable.ng | Bunmi Aduloju
Adebayo Adelabu, minister of power, says the federal government is securing about $2.3 billion investment to revamp power transmission in Nigeria. Adelabu spoke during a meeting with Gautier Mignot, the European Union (EU) ambassador to Nigeria, in Abuja on Saturday. He said the intervention is one of the viable improvements since the new administration came into power.
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1 week ago |
thecable.ng | Bunmi Aduloju
The Securities Exchange Commission (SEC) has outlawed unregistered operations of digital asset exchanges and online foreign exchange (FX) trading platforms under the new Investments and Securities Act (ISA) 2025. Signed into law by President Bola Tinubu in March, the SEC said the legislation aims to strengthen Nigeria’s capital market and adapt it to the evolving digital finance landscape.
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RT @thecableindex: Tinubu's trips to France since he became president #TheCableIndex https://t.co/YeAZyNaZcA
RT @thecableng: As AI evolves, so does misinformation, and a greater need for ensuring truth and accuracy in public information. But what h…