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Category: Business

Business Economy

Consumers to pay more as NERC approves new electricity tariff

August 22, 2019 No Comments #Consumers to pay more as NERC approves new electricity tariff

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday approved new energy tariff for the electricity distribution companies (DisCos) in the country. In a series of tweets on, ‘2016-2018 minor review…

Read More Consumers to pay more as NERC approves new electricity tariff
Business Economy

FirstBank to promote new agribusiness opportunities

August 21, 2019 No Comments #FirstBank to promote new agribusiness opportunities

First Bank of Nigeria on Wednesday announced plans to promote sustainable agriculture value-chain as a substantial source of Nigeria’s economic development. Dr Adesola Adeduntan, Chief Executive Officer of FirstBank, said…

Read More FirstBank to promote new agribusiness opportunities
Business Economy

Presidency asks Fowler to explain variances in tax collection for period 2015-18

August 18, 2019 No Comments #Presidency asks Fowler to explain variances in tax collection for period 2015-18

Yusuf Bello| The presidency has asked Babatunde Fowler, the executive chairman of the Federal Inland Revenue Service (FIRS) to account for revenue that was collected under his watch in the…

Read More Presidency asks Fowler to explain variances in tax collection for period 2015-18
Business Economy headline

FG to appeal British court order on $9bn judgment

August 16, 2019 No Comments #FG to appeal British court order on $9bn judgment

Ebun Francis| The Federal Government on Friday said it would appeal the ruling of a British court which ordered that about Nine billion dollars ($9bn) worth of its assets be…

Read More FG to appeal British court order on $9bn judgment
Business Economy

CBN to disburse lower currencies to microfinance banks

Iheanyi Ejiofor August 15, 2019 No Comments #CBN to disburse lower currencies to microfinance banks

The Central Bank of Nigeria (CBN) has released guidelines for the disbursement of lower denominations of the naira through microfinance banks (MFBs) across the country.   A circular issued by the…

Read More CBN to disburse lower currencies to microfinance banks

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