Our reporter/ Nigeria’s headline inflation rate jumped to 34.80% in December 2024 from 34.60% in November 2024, the National Bureau of Statistics said on Wednesday. The NBC in its latest…
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Category: Economy
NCC orders telcos to disconnect nine Banks over USSD debt
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…
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NERC completes transfer of electricity regulatory oversight to four more states
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
FG announces two savings 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…
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UBA rewards customers with over N41m in final edition of 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