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Category: Business

Business Economy headline

NCC orders telcos to disconnect nine Banks over USSD debt

Iheanyi Ejiofor January 15, 2025 No Comments #Telcos #NCC #USSD debts

Our reporter/ The Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data codes assigned to nine financial institutions over backlog of unpaid debts. NCC’s Director…

Read More NCC orders telcos to disconnect nine Banks over USSD debt
Business Economy headline

NERC completes transfer of electricity regulatory oversight to four more states

Iheanyi Ejiofor January 14, 2025 No Comments #NERC #Regulatory oversight

Our reporter/ The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight over the electricity market in Enugu, Ekiti, Imo, and Ondo to the state governments. In…

Read More NERC completes transfer of electricity regulatory oversight to four more states
Business Economy headline

FG announces two savings Bonds

Iheanyi Ejiofor January 14, 2025 No Comments #DMO #Bonds

Our reporter/ The Federal Government is offering two new Savings Bonds through the Debt Management Office. A statement by the DMO listed the first one as a two-year bond that…

Read More FG announces two savings Bonds
Business Economy

UBA rewards customers with over N41m in final edition of legacy promo

Iheanyi Ejiofor January 13, 2025 No Comments #UBA #Legacy promo

–Promo makes 60 millionaires, gifts N200m Africa’s Global Bank, United Bank for Africa (UBA) Plc has distributed over N41.8m in prizes to over 100 lucky customers in its just concluded…

Read More UBA rewards customers with over N41m in final edition of legacy promo
Business Economy headline

Nigeria records increase in crude oil production – OPEC report

Iheanyi Ejiofor January 13, 2025 No Comments #crude oil #OPEC #Economy

Nigeria’s daily average oil production rose by 152, 000 barrels per day last November, according to data sourced from the newly released monthly oil market report by the Organization of…

Read More Nigeria records increase in crude oil production – OPEC report

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