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 refund
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 Tinubu
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 issue
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
Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc, has released its audited financial statements for the year ended December 31, 2023. The…
Read More Transcorp Power Plc releases audited FY2023 results; grows topline by 57.03% and profit by 75%; declares dividend of N3.13