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BusinessNews

Again, Nigeria’s electricity grid collapses

The network of power stations and powerlines that transmits electricity across Nigeria, better known as the National grid has collapsed once more. Confiance...

BusinessCrimeNews

FCCPC to Discos: Bill customers according to hours of electricity supplied

By Chioma Obinagwam Nigeria’s apex consumer protection agency, the Federal Competition and Consumer Protection Commission (FCCPC), has ordered Electricity Distribution Companies (DisCos) to...

BusinessNews

‘Erratic power supply responsible for $58bn loss in Businesses located in Nigeria,’ says World Bank

World Bank, which said this in an estimate about the OPEC country, which is the largest oil producer in Africa, maintained that businessmen...

BusinessNews

Senate queries NERC over poor mass metering

The Senate, on Thurday, expressed dissatisfaction with the spate of metering under the National Mass Metering programme. These views were expressed when the...

BusinessNews

Nigeria to end tarrif subsidies on electricity by December

…FG to invest $3 billion in power sector The Special Adviser to President Muhammadu Buhari on Infrastructure, Mr Ahmed Zakari, has said, the...

BusinessNews

TCN denies involvement in load shedding

… attributed to technical difficulties of DisCos The Transmission Company of Nigeria (TCN) has categorically reiterated that, it is not responsible for the...

BusinessNews

‘Landlord’s outstanding electricity bills cannot be enforced on a tenant,’ NERC affirms

By Chioma Obinagwam Nigeria’s apex electricity regulator, the Nigerian Electricity Regulatory Commission (NERC) has warned that a landlord cannot enforce an outstanding electricity...

BusinessNews

Nigeria’s electricity regulator suspends electricity tariff hike

By Chioma Obinagwam The Nigerian Electricity Regulatory Commission(NERC) has ordered the 11 Electricity Distribution Companies (DisCos) in the country to suspend the Sept....

BusinessNews

Nationwide strike looms as NLC issues warning over electricity tarrif hike

By Chioma Obinagwam The Nigeria Labour Congress (NLC) has condemned the recent tarrif hike by electricity Distribution Companies (DisCos) in Nigeria and has...

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‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...