Our reporter/ Barely 48 hours after the Nigerian Electricity Regulatory Commission (NERC) approved increase of electricity tariff for customers under the Band A classification, the federal government on Friday said…
Read More FG says more hike in electricity tariff comingCategory: Business
NERC fines AEDC N200m for overcharging customers, orders refund
Our reporter/ The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja Electricity Distribution Plc (AEDC) N200 million over tariff violations after overcharging customers. In a statement on Friday, NERC said…
Read More NERC fines AEDC N200m for overcharging customers, orders refundHike in electricity tariff callous and short sighted, Northern elders chides Tinubu
Our reporter/ The Northern Elders Forum (NEF) has expressed concern and disappointment on the recent decision by Tinubu’s government to increase in electricity tariff. In a statement on Thursday night,…
Read More Hike in electricity tariff callous and short sighted, Northern elders chides TinubuNigerian Breweries records net loss of N106 billion, to raise N600 billion capital via rights issue
Nigerian Breweries Plc plans to raise up to N600 billion through a rights issue to address challenges posed by the Naira devaluation and high borrowing costs. Uaboi Agbebaku, the company’s…
Read More Nigerian Breweries records net loss of N106 billion, to raise N600 billion capital via rights issueBinance Chief in court over alleged tax evasion
The Federal Government is set to arraign Binance Holdings Limited and its two top officials, Tigran Gambaryan and the fleeing Nadeem Anjarwalla on allegations bordering on tax evasion. The company…
Read More Binance Chief in court over alleged tax evasion
