OTHER BUSINESSES

The Chairman of the Nigeria Electricity Regulatory Commission (NERC), Sanusi Garba, said on Thursday, April 18, that the Nigerian government would have to cough out a whopping N3.2 trillion as subsidy for the electricity sector in 2024 if the recent increase in the tariff is to be reversed. He said...

  In a proactive step to provide electricity to several millions of Africans without access to power, the World Bank has adopted initiatives that will make energy available to a greater number of Africans currently without electricity. By World Bank estimates, nearly 600 million people in Sub-Saharan Africa live without...

  The sixteenth season of DiamondXtra, a savings and reward account where customers of Access Bank are rewarded with several prizes, have been unveiled in Lagos. The Season 16th  of the special interest yielding hybrid account which allows deposit of both cash and third-party cheques has been upgraded as customers...

  The Federal Government has hinted that it may charge an average of N3,000 per toll gate for vehicles using the Lagos-Calabar coastal road upon its completion. The figure was confirmed by the Minister of Works, Dave Umahi, when he featured on a Channels Television programme, The Morning Brief, on...

    The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N200 million on Abuja Electricity Distribution Plc (AEDC) over non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for power distribution companies (DisCos).   NERC, in a letter addressed to AEDC acting Managing...

  Rite Foods Limited's Bigi Beef and Rite Spicy Beef Sausage Rolls spiced up April Fools' Day with a social media contest “Why Did the Bull Cross the Road?” awarding a lucky winner N100,000 cash, sausage rolls, and merchandise. The first and second runners-up also received consolation prizes of products...

  Reinforcing her commitment to a delightful consumer experience, Bigi Carbonated Soft Drinks, a leading brand from Rite Foods Limited, hosted 40 lucky fans to an impressive Easter celebration. This exciting Easter movie hangout took place at Silverbird Cinemas, Ikeja City Mall, Lagos, and featured a screening of the movie,...

  .as third phase of distribution of agricultural inputs begins The Oyo State Government has begun the third phase of the distribution of agricultural inputs to farmers in the state with the distribution of two bags of 50kg feeds and two bottles of disinfectant to 1,000 pig farmers. The phase...

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has announced an upward review of electricity tariffs for customers in the “Band A” category. NERC Vice Chairman, Musiliu Oseni, who announced this during a press conference in Abuja, on Wednesday, said the new rate taking effect from Wednesday, April...

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central Bank of Nigeria (CBN) recent directives on recapilitalisation of the sector. The Association in a statement signed and released by its president,...