Category: Business

Don’t force customers to pay for meter replacement,NERC warns Discos

            The Nigerian Electricity Regulatory Commission (NERC), on Monday, said it is illegal for some distribution companies to force...

Parliamentary Monitoring Group calls for speedy passage of Tax Reform Bills

  The Parliamentary Monitoring Group (PMG), on Monday, called on the National Assembly to speedily pass the proposed Tax Reform Bills presented to it by President...

Naira Hawking:CBN threatens ro penalise Banks

The Central Bank of Nigeria (CBN) says it will heavily penalise Deposit Money Banks (DMBs) found supporting the hawking of Naira notes. Mr Solaja Olayemi, Acting...

But for God’s intervention, $1 will be N10,000 by now’ -Adeboye

Says those benefiting from fuel subsidy ganged up against government The General Overseer of the Redeemed Christian Church of God,RCCG, Pastor Enoch Adejare Adeboye has...

WTO member Nations applauds Nigerias Economic Reforms

    The removal of fuel price subsidies and the unification of official foreign exchange windows into a single rate, among other economic reforms by President...

AfDB president seeks major shift in how Africa’s vast resources are valued

  Caption:Dr Akinwunmi Adesina,AfDB President The African Development Bank (AfDB) President, Dr Akinwumi Adesina, has called for a major shift in how Africa’s...

ISB:Tough time awaits Ponzi scheme Operators

…..SEC proposes N20 mln fines, 10-year jail terms The Securities and Exchange Commission (SEC) is pushing for harsher penalties on Ponzi scheme operators through...

FEC approves $2.2bn external borrowing plan – Edun

Caption:FEC Meeting in progress The Federal Executive Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond...

Halt Meter replacement plans,FCCPC tells Ikeja, Eko Discos

  The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to Ikeja and Eko electricity distribution companies (DisCos) to...

EKEDC counsels customers on how to avoid high electricity bills

  The Eko Electricity Distribution Company (EKEDC) has advised customers to adopt energy-saving practices to avoid high bills. The acting Chief Executive Officer of...