Tariff increase will only affect customers enjoying 20-hour power supply – NERC
April 3, 2024 The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying 20 […]
African Business News
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ASCSN President Condemns Nigeria’s Hike in Electricity Tariff
The Association of Senior Civil Servants of Nigeria, ASCSN, has expressed deep concern over the recent increase in electricity tariffs
Naira Appreciates Against Dollar: CBN Policies Boost Exchange Rate
The Nigerian naira has been on a winning streak against the United States dollar, much to the delight of Nigerians.
Understanding the Implications of Nigeria’s 250% Electricity Tariff Hike
Following the recent approval of a 250 per cent electricity tariff hike by the Nigerian Electricity Regulatory Commission, there are
Power Outages in Abuja, Lagos, and Nasarawa: Technical Glitches Cause Service Disruption
The recent power outages in Abuja, Lagos, and Nasarawa have left many communities in the dark, with residents facing disruptions
FX Turnover Plunges to $166M as Naira Appreciates: Food Prices Soar
The foreign exchange market saw a significant drop in turnover on Wednesday, falling to $166 million after hitting a record
Nigerian Breweries Plc Plans N600bn Rights Issue to Reduce Debt Burden
Nigerian Breweries Plc, a leading beverage company in Nigeria, has made a significant announcement that is set to reshape its
Electricity Tariff Hike: NECAN Secretary Slams Tinubu’s Government
The recent increase in electricity tariffs in Nigeria has sparked outrage among consumers, with many questioning the government’s decision-making process.
Nigeria Customs Service Generates N1.3 Trillion Revenue in Q1 2024, Seizes N10.59 Billion in Smuggled Items
The Nigeria Customs Service (NCS) has announced a remarkable achievement, generating over N1.3 trillion in revenue during the first quarter
Spectacular Scenes at TECNO Hi-tech event as Brand showcase Latest cutting-edge Innovation
April 3, 2024 On the evening of April 2nd, 2024, TECNO unveiled its latest innovative lineup of cutting-edge devices and
PRP Condemns 300% Increase in Electricity Tariff as Insensitive Government Policy
The Peoples Redemption Party (PRP) has strongly condemned the federal government’s decision to hike electricity tariffs by a staggering 300
Reno Omokri Urges Nigerians to Convert Dollars to Naira for Economic Growth
Social activist Reno Omokri is encouraging Nigerians to convert their dollars into naira, citing the potential for the Nigerian currency