Ikeja Electric Plc, an electricity distribution company, says non-paying customers within its franchise network will not be disconnected during the compulsory two weeks lockdown. Folake Soetan, acting CEO of the company, said all customers would […]
The Federal Government on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a reduction of N1.5 on every litre of petrol purchased nationwide. It announced the reduction through […]
The Nigerian Electricity Regulatory Commission has suspended the proposed increase in electricity tariffs initially slated for Wednesday (today). NERC had on January 4, in its December 2019 Minor Review of Multi Year Tariff Order 2015 […]
Nigerians will from Wednesday, April 1, 2020, pay more for electricity, The PUNCH reports. The Nigerian Electricity Regulatory Commission had disclosed this in its December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order […]
The Central Bank of Nigeria (CBN) says there will be no disruptions in banking services during the 14-day lockdown. This is according to a statement signed by Isaac Okorafor, CBN director of corporate communications. President […]
Asiwaju Bola Ahmed Tinubu, a former governor of Lagos and national leader of the ruling All Progressives Congress has told the Muhammadu Buhari administration to keep the Naira flowing even though the coronavirus pandemic has […]
The Minister of Federal Capital Territory, FCT, Malam Muhammad Bello, has ordered the closure of shops in markets and neighborhood centers to traders across Abuja due to the COVID-19 Pandemic. In a statement signed by […]
Babajide Sanwo-Olu, governor of Lagos state, has ordered the shut down of markets, apart from those where food and medical items are sold. The governor gave the directive at a press conference on the COVID-19 […]
At the backdrop of the ravaging impact of the Coronavirus (COVID-19) global economic fallouts the Central Bank of Nigeria, CBN has technically devalued the Naira at the Investors and Exporters (I&E) window of the nation’s […]
The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country must not sell dollars higher than N380 to end users. This is compared to the previous N360/$ exchange rate […]
Image is everything. But somehow, many places constantly challenge the image of Lagos as a cosmopolitan city. Among the challenges are the pressures of population on the little land, a seemingly innate disdain for orderliness […]
Prof. Gbolagade Babalola Ayoola is a Professor of Agricultural Economics and Policy, founder/president of Farm and Infrastructures Foundation and promoter of the Right to Food Bill at the National Assembly. Senator Adamu Abdullahi sponsors the […]
Farmers in Taraba State have taken maximum advantage of the closure of land borders to rev up production of rice and other crops, soaring high with the emergence of paddy pyramids that have attracted commendation […]
Palm Oil is known to be an excellent source of bio available calcium and least allergic of all edible oil. The demand-supply gap thereby opens up opportunities for investors in this sector. After thorough research, […]
Google Nigeria says it will organise business clinics to help 5,000 small and medium enterprises acquire the skills needed to leverage the web for growth. The training, it said, will be organised in collaboration with […]
Stakeholders in agribusiness have raised concern over the increasing threat of post-harvest loss in the tomato value-chain, a development if not tackled with needed solution; is capable of frustrating policies on food security in the […]
The Nigerian Electricity Regulatory Commission (NERC) has capped estimated billing issued by electricity distribution companies (DisCos) to unmetered customers. This is contained in a directive given on Monday by the regulator to repeal the former […]
2019 was packed with uncertainty thanks to persistent trade drama, global growth fears and volatile oil prices. Unfavourable global economic conditions left no prisoners with both developed countries and emerging markets feeling the heat. Although […]
The United Bank for Africa (UBA) has launched ‘Click Credit’, a loan product designed to address the urgent needs of customers who have salary accounts with the bank. According to a statement released by the […]
“Pay your tax!” “Pay your tax!!” This is a usual mantra from government officials. This is good but there is a “but”. Just yesterday, the FIRS Chair visited the Lagos state Governor and among the other things […]
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