President of the Nigerian Economic Society, Prof Adeola Adenikinju has flayed the current low value of the naira, insisting that the exchange rate market is not driven by fundamentals. This is as Nigeria’s currency is on the cusp hitting a record-low of N1,500 against the US dollar in the face ...

The Transmission Company of Nigeria (TCN) has expressed concern over a gradual drop in power generation into the national grid, saying it was due to low gas supply to the thermal generating companies. TCN’s general manager, Public Affairs, Ndidi Mbah, made this known in a statement on ...