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Category: Economy

Economy headline

Suspend electricity tariff increase, Reps panel tells NERC

Iheanyi Ejiofor January 14, 2020 No Comments Reps panel tells NERCSuspend electricity tariff increase

The House of Representatives committee on power has asked the National Electricity Regulatory Commission (NERC) to suspend the planned increase in electricity tariff. Recall that NERC had directed the electricity…

Read More Suspend electricity tariff increase, Reps panel tells NERC
Economy headline

Kaduna revenue agency seals Keystone Bank, FCMB over N295m taxes

Iheanyi Ejiofor January 14, 2020 No Comments

The Kaduna State Internal Revenue Service (KDIRS), on Tuesday sealed the premises of Keystone Bank and First City Monument Bank (FCMB) in Kaduna over alleged unpaid taxes. The Executive Chairman…

Read More Kaduna revenue agency seals Keystone Bank, FCMB over N295m taxes
Business Economy headline

Buhari signs Finance Bill into law

Iheanyi Ejiofor January 13, 2020 No Comments #Buhari signs Finance Bill into law

Chidi Samuel| President Muhammadu Buhari has signed the Finance Bill into law to support the implementation of the 2020 budget. Buhari made this known via his Twitter handle on Monday,…

Read More Buhari signs Finance Bill into law
Economy headline

Buhari overrules power minister, reinstates NBET MD

Iheanyi Ejiofor January 9, 2020 No Comments Buhari overrules power ministerreinstates NBET MD

President Muhammadu Buhari has reversed the dismissal of Marilyn Amobi as the managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET). In December 2019, Sale Mamman, minister of…

Read More Buhari overrules power minister, reinstates NBET MD
Economy headline

I take responsibility for Oyo market fire – Gov. Makinde

Iheanyi Ejiofor January 9, 2020 No Comments I take responsibility for Oyo market fire - Gov. Makinde

Oyo State Governor, Seyi Makinde, says he takes responsibility for the fire incident that razed the Akesan market in Oyo State last week Sunday. Makinde was speaking on Wednesday after…

Read More I take responsibility for Oyo market fire – Gov. Makinde

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