Our reporter/ The Nigerian Electricity Regulatory Commission (NERC) has warned electricity distribution companies (DisCos) against defaulting the July 31 deadline for meter upgrade. In a statement made available to reporters,…
Read More NERC directs DisCos to Upgrade existing meters by July 31 or face sanction
Central Bank Governor, Olayemi Cardoso, has said that the bank will continue to collaborate with relevant financial institutions, the fiscal authorities and the National Assembly, to ensure a successful recapitalisation…
Read More Recapitalisation will create stronger, resilient banks – Cardoso
Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday said it has discontinued the foreign exchange (FX) price verification system (PVS) portal used by importers. The apex bank made…
Read More CBN stops FX price verification system portal for importers
Our reporter/ A “minor fire” incident was recorded at the effluent treatment plant of the Dangote Refinery in Lagos on Wednesday. The fire was immediately put out as firefighters and…
Read More Fire fighters put out minor fire’ at Dangote refinery effluent plant
Kenyan President William Ruto said Wednesday that a bill containing contentious tax hikes would “be withdrawn”, dramatically reversing course after more than 20 people died and parliament was ransacked by…
Read More President Ruto to withdraw finance bill after a