The latest quarterly report issued by the Nigerian Electricity Regulatory Commission, NERC, showed that a total of N114 billion was collected as revenue by the 11 electricity Distribution Companies, DISCOs in the first quarter of 2020. The report also indicated that while the collection efficiency decreased considerably, the regulatory agency listed Abuja, Benin and Eko […]
A total of 31. 41 per cent of goods imported into Nigeria are from China , according to the National Bureau of Statistics . The NBS stated in its report on ‘ Foreign trade in goods statistics ’ for second quarter of 2020, that Spain topped the list of Nigeria ’ s exported goods . […]
The Enugu Electricity Distribution Company (EEDC) says it has started the upgrade and migration of its customers to improve electricity service delivery within the entire South-East from Nov. 1. The upgrade and migration, which involve more investment on electricity installation and boosters, will improve electricity power from its least supply axis from about six hours […]
Kwara State Governor, AbdulRahman AbdulRazaq has announced a N500 million fund to assist people whose businesses were looted by hoodlums on Friday in Ilorin, the state capital, as part of his administration’s efforts to get them back onto their feet following the incident. AbdulRazaq, during a visit to the Kwara Mall and Agro Mall, condemned […]
The House of Representatives on Tuesday, urged the Governor of Central Bank (CBN), Mr Godwin Emefiele to unfreeze five thousand accounts, allegedly frozen by the apex monetary institution. The lawmakers issued the directive, after adopting a “Motion of Urgent National Importance”, sponsored by Rep. Mark Gbillah(Benue-PDP). In raising “Concerned about the plethora of petitions and […]
The Chairman of the Governing Board of the Nigerian Copyright Commission (NCC), Dr. Tonye Clinton Jaja, has hired the services of the former Attorney-General of the Federation and Minister of Justice, Mr. Kanu Agabi and Mr. Femi Falana, SAN to challenge his allege attempted illegal removal from office. Jaja, in a letter of instruction, addressed […]
The Central Bank of Nigeria, CBN, has released its framework for National Mass Metering Programme, NMMP. The framework was released by the Development Financing department of the apex bank through its official website on Monday. It stated that introduction of the Service-Based Tariff, SBT, in the Nigeria Electricity Supply Industry, NESI, effective September 1, had […]
Heritage Bank Plc has said it is set to commence the account opening with Bank Verification Numbers for the earmarked 774, 000 participants of the Special Public Works programme in their branches throughout the 774 Local Government Areas . The bank said this in a statement on Monday titled ‘ Heritage Bank to engage 774, […]
The Federal government has directed the Nigerian Communications Commission, NCC and service providers to produce their strategic plans for protection of all telecom facilities across the country. Minister of Communications and Digital Economy, Dr Isa Ibrahim Pantami issued the directive in response to the shock expressed by the Nigerian Communications Commission (NCC), yesterday over the […]
Fresh agitation is building in the Niger Delta region following perceived inequality in the implementation of the law guiding ownership and exploitation of solid minerals in the country. Niger Delta leaders and prominent interest groups were said to be angry that indigenous artisans in Zamfara and other parts of the north were allowed to exploit […]
