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Nigeria Electricity tariffs hike: AEDC apologises to customers for mix up
Abuja Electricity Distribution Plc, AEDC, has apologized for wrongly charging customers in Band A who have now been downgraded to...
Read moreNERC hikes electricity tariff from N68 to N225/KwH
The Nigerian Electricity Regulatory Commission, NERC, has approved an increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68....
Read moreTax Breaks Extended to Dangote, Mikano, and 107 Others Amidst Pioneer Status Incentive Program
The Nigerian government has granted tax exemptions to approximately 107 companies, including prominent entities like Dangote and Mikano International, despite...
Read moreIBEDC Partners SIPTEO To Crack Down On Energy Theft, Prosecutes Two In Osun
The Ibadan Electricity Distribution Company (IBEDC) Plc, is intensifying its campaign against energy theft within its network area. In collaboration...
Read more“Ministry Announces Joint Efforts to Curb Gas Flaring and Methane Emissions”
Dr. Iziaq Salako, the Minister of State for Environment, disclosed plans for joint efforts between the ministry and the National...
Read moreCBN raises interest rate to 24.75%
The Central Bank of Nigeria has raised the monetary policy rate, known as the interest rate, by 200 basis points...
Read moreBinance Executive Escapes From Nigeria Using Smuggled Passport- NSA
The Office of the National Security Adviser confirms that Nadeem ANJARWALLA, a suspect in the ongoing criminal probe into the...
Read moreFG Files Tax Evasion Charges Against Binance
The Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency exchange platform over tax evasion. The charges were...
Read moreAccess Bank Acquires National Bank of Kenya
Access Bank has made a significant move in the Kenyan banking sector by acquiring the National Bank of Kenya (NBK)...
Read more“CBN Ordered to Enforce Timely Reversals of Failed Transactions by Commercial Banks”
On Tuesday, the House of Representatives instructed the Central Bank of Nigeria to enforce regulations preventing commercial banks from holding...
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