The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across...

Business

DisCos begin implementation of revised electricity tariff

David Abakpa - November 2, 2020 0

Power Distribution Companies (DisCos) have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal...

Business

PenCom urges RSA holders to participate in Data Recapture Exercise

David Abakpa - October 20, 2020 0

The National Pension Commission (PenCom) has appealed to all active Retirement Savings Account (RSA) holders and retirees to cooperate with agents that would be...

Business

Ikeja Electric signs N11.4bn metering contract

David Abakpa - October 13, 2020 0

Mr Kola Adesina, Chairman, Ikeja Electric (IE) says the electricity Distribution Company has signed an N11.4 billion contract to accelerate metering of its customers. The...

Business

FG extends suspension of new electricity tariff by 1 week

David Abakpa - October 12, 2020 0

The Federal Government has extended the suspension of the new electricity tariff by one week. Prof. James Momoh, Chairman, Nigeria Electricity Regulatory Commission (NERC) said...

Business

COVID-19: CBN introduces healthcare intervention scheme

David Abakpa - September 29, 2020 0

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic, introduces the Healthcare Care Sector Research and Development ...

Business

Kyari challenges NASS on petroleum sector policies

David Abakpa - September 22, 2020 0

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Malam Mele Kyari says the absence of a stable fiscal environment is inhibiting...

Business

FG orders all bank, other account holders to re-register

David Abakpa - September 18, 2020 0

The Federal Government has ordered all account holders in the country’s financial institutions to register their details again. This new order was disclosed by the...

Business

Nigerians groan as food prices rise

Ogebe Abutu - September 11, 2020 0

Findings revealed that prices of grains are higher in the North East, North Central and most of the states in the southern part of...

Business

Understanding electricity new tariff regime

David Abakpa - September 4, 2020 0

Attempting to get an exact figure or cost that electricity consumers will pay under the new tariff regime may not be straight forward. This is...

Business

Letshego to ease Nigerians’ access to loans with new website

Ogebe Abutu - September 4, 2020 0

In a bid to support every Nigerian, Letshego Nigeria, a pan African microfinance bank has launched a new website, www.letshego.ng, to bring its financial solutions...

Business

NNPC increases petrol depot price to N151.56/litre

David Abakpa - September 2, 2020 0

The Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the ex-depot price of Premium Motor Spirit,...

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