Mary Izuaka

Abuja

Business Reporter at Premium Times

Soil scientist/Business, Oil & Gas and Agricultural Reporter, @PremiumTimesng

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Articles

Nigeria's Inflation Rate Hits 24.2% in March - NBS

1 week ago | allafrica.com | Mary Izuaka

The NBS said the food inflation rate in March 2025 was 21.79 per centNigeria's annual inflation rate rose to 24.23 per cent in March from 23.18 per cent in February 2025, the National Bureau of Statistics (NBS) said on Tuesday. The statistics office said the March 2025 headline inflation rate showed an increase of 1.05 per cent compared to the February 2025 headline inflation rate.
UPDATED: Nigeria’s inflation rate hits 24.2% in March - NBS

1 week ago | premiumtimesng.com | Mary Izuaka

Nigeria’s annual inflation rate rose to 24.23 per cent in March from 23.18 per cent in February 2025, the National Bureau of Statistics (NBS) said on Tuesday. The statistics office said the March 2025 headline inflation rate showed an increase of 1.05 per cent compared to the February 2025 headline inflation rate. On a month-on-month basis, it said the headline inflation rate in March 2025 was 3.90 per cent, which was 1.85 per cent higher than the rate recorded in February 2025 (2.04 per cent).
JUST IN: Nigeria’s inflation rate hits 24.2% in March - NBS

1 week ago | premiumtimesng.com | Mary Izuaka

Nigeria’s annual inflation rate rose to 24.23 per cent in March from 23.18 per cent in February 2025, the National Bureau of Statistics (NBS) said on Tuesday. The statistics office said the March 2025 headline inflation rate showed an increase of 1.05 per cent compared to the February 2025 headline inflation rate. On a month-on-month basis, it said the headline inflation rate in March 2025 was 3.90 per cent, which was 1.85 per cent higher than the rate recorded in February 2025 (2.04 per cent).
Electricity: GenCos threaten shutdown over N4 trillion debt

1 week ago | premiumtimesng.com | Mary Izuaka

Power Generation Companies (GenCos) on Monday warned of imminent shutdown due to a N4 trillion debt owed by the Nigerian government for electricity generated and supplied to the national grid. A statement on Monday, signed by the Board of Trustees Chairman, Association of Power Generation Companies, Sani Bello, said the debt, which includes N2 trillion for 2024 and N1.9 trillion in legacy debts, is threatening the continued operation of their power generation plants.
HT Syndication: UPDATED: Nigeria's inflation rate hits 24.2% in March - NBS

1 week ago | htsyndication.com | Mary Izuaka

Nigeria, April 15 -- Nigeria's annual inflation rate rose to 24.23 per cent in March from 23.18 per cent in February 2025, the National Bureau of Statistics (NBS) said on Tuesday. The statistics office said the March 2025 headline inflation rate showed an increase of 1.05 per cent compared to the February 2025 headline inflation rate.
HT Syndication: Electricity: GenCos threaten shutdown over N4 trillion debt

1 week ago | htsyndication.com | Mary Izuaka

Nigeria, April 15 -- Power Generation Companies (GenCos) on Monday warned of imminent shutdown due to a N4 trillion debt owed by the Nigerian government for electricity generated and supplied to the national grid. A statement on Monday, signed by the Board of Trustees Chairman, Association of Power Generation Companies, Sani Bello, said the debt, which includes N2 trillion for 2024 and N1.9 trillion in legacy debts, is threatening the continued operation of their power generation plants.
HT Syndication: NERC sanctions AEDC, Eko DisCo, others for overbilling unmetered customers

2 weeks ago | htsyndication.com | Mary Izuaka

Nigeria, April 11 -- The Nigerian Electricity Regulatory Commission (NERC) has imposed sanctions on eight Electricity Distribution Companies (DisCos) for failing to comply with the monthly energy caps for unmetered customers between July and September 2024. The sanctions include over N628 million fine and a directive to issue a credit adjustment to affected customers by the overbilling by 15 May. It said the affected DisCos include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola.
NERC sanctions AEDC, Eko DisCo, others for overbilling unmetered customers

2 weeks ago | premiumtimesng.com | Mary Izuaka

The Nigerian Electricity Regulatory Commission (NERC) has imposed sanctions on eight Electricity Distribution Companies (DisCos) for failing to comply with the monthly energy caps for unmetered customers between July and September 2024. The sanctions include over N628 million fine and a directive to issue a credit adjustment to affected customers by the overbilling by 15 May. It said the affected DisCos include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola.
AFDEIC 2025: Tech leaders to discuss $180 billion African digital economy

2 weeks ago | premiumtimesng.com | Mary Izuaka

The African Digital Economy & Inclusivity Conference (AFDEIC 2025) is set to bring together government officials, policymakers, business leaders, tech innovators, academics, and development partners to discuss Africa’s digital economy and the role of artificial intelligence in fostering inclusive growth. The event themed: ‘AI and Africa’s Digital Economy: Leaving No One Behind’ is scheduled to hold in Abuja from 12 to 14 August.
HT Syndication: AFDEIC 2025: Tech leaders to discuss $180 billion African digital economy

2 weeks ago | htsyndication.com | Mary Izuaka

Nigeria, April 10 -- The African Digital Economy & Inclusivity Conference (AFDEIC 2025) is set to bring together government officials, policymakers, business leaders, tech innovators, academics, and development partners to discuss Africa's digital economy and the role of artificial intelligence in fostering inclusive growth. The event themed: 'AI and Africa's Digital Economy: Leaving No One Behind' is scheduled to hold in Abuja from 12 to 14 August.