Promoting Fairness: Mandating Metering for Unmetered Band A Customers
The Federal Competition and Consumer Protection Commission is pushing for a major change in Nigeria’s electricity sector, calling on the […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
FCCPC Urges Metering of Electricity Customers to Prevent Dissatisfaction
The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns about the recent tariff hike implemented by electricity distribution
African Business News
CIBN Achieves 63.60% Revenue Growth, Hits N1.37 Billion in 2023
The Chartered Institute of Bankers of Nigeria (CIBN) has reported a remarkable 63.60% increase in operating revenue, reaching N1.37 billion
NGX Group Plans N10bn Rights Issue to Boost Capital Amid Strong Financial Performance
The Nigerian Exchange Group is gearing up to raise N10 billion in additional capital through a rights issue, as announced
Osun State Governor Urges IBEDC to Address Epileptic Power Supply
Osun State Governor, Ademola Adeleke, is taking a stand against the ongoing issue of erratic power supply in the state.
Electricity Tariff: NERC instructs DisCos to refund overcharged customers, April 11
April 6, 2024 The Nigerian Electricity Regulatory Commission (NERC) has instructed eleven electricity distribution companies (Discos) to reimburse customers incorrectly
Media mogul, Mo Abudu, joins international Emmys board
April 6, 2024 Mo Abudu, the CEO of EbonyLife Media, has been appointed to the board of directors of the
‘I don’t think we belong to any band’: Mixed reactions trail hike in electricity tariff
April 6, 2024 Following the recent upward review of electricity tariffs by the Nigeria Electricity Regulatory Commission (NERC), Nigerians have
African Business News
ABCON Urges CBN to Adjust Exchange Rate Below N1,251 for BDCs
The Association of Bureau De Change Operators of Nigeria (ABCON) is urging the Central Bank of Nigeria (CBN) to lower
PETAN to support Nigeria’s oil, gas production growth
April 6, 2024 The Petroleum Technology Association of Nigeria (PETAN) has promised to support the efforts of the Bola Tinubu-led
NERC Issues New Directives to Discos Following Tariff Hike
The Nigerian Electricity Regulatory Commission (NERC) has recently issued five new directives to electricity distribution companies in response to the
African Business News
Nigerian Government Launches AfriGO National ID Card with Payment Functionality
The Nigerian Federal Government, in partnership with the National Identity Management Commission (NIMC), the Central Bank of Nigeria (CBN), and