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Power theft soars 300% as illegal mining booms

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  • Post last modified:May 11, 2025

PETALING JAYA: The global transaction of cryptocurrency has led to a rise in illegal mining, causing a nearly 300% jump in electricity thefts between 2018 and 2024 in Malaysia, reveals…

‘Watch your tenants’ utility bills closely’

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  • Post last modified:May 11, 2025

PETALING JAYA: Revising current laws and introducing a better monitoring system on tenants is a must to curb electricity thefts especially those caused by illegal crypto mining, experts say. There…

Is stagflation here?

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  • Post last modified:May 11, 2025

As Donald Trump hit the 100-day mark of his second presidency, news of a first quarter economic contraction seemed to confirm most voters' fears about his tariff gambit. At 0.3%,…

Don’t let power thieves profit

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  • Post last modified:May 11, 2025

KUALA LUMPUR: About half a billion ringgit has been lost to electricity theft over the last four years, with the bulk of it from illegal crypto mining. Based on statistics…

CSCS shareholders approve N8.8bn dividend

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  • Post last modified:May 11, 2025

The shareholders of the Central Securities Clearing System Plc have approved the sum of N8.80bn as dividend payout for the 2024 financial year. The approval was given at the 31st…

NPA denies corruption allegations, defends procurement process

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  • Post last modified:May 11, 2025

The Nigerian Ports Authority has denied allegations of corruption, insisting that misapplication of budgetary provisions is impossible under its strict regulatory framework. NPA's General Manager, Corporate and Strategic Communications, Ikechukwu…

FG, states add N57tn to debt in 18 months

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  • Post last modified:May 11, 2025

Nigeria's total public debt rose by N57.3tn within the first 18 months of the current administration, according to an analysis of data released by the Debt Management Office. The increase…