Nigeria cuts back electricity sales to overseas customers to boost domestic supply
May 6, 2024 Nigeria’s electricity regulator has ordered the grid operator to cut back supplies to customers overseas to boost domestic supply. In a directive issued last Friday, the Nigerian…
IBEDC begins downward review of tariff from N225 to N206.80/Kwh
The Ibadan Electricity Distribution Company (IBEDC) has begun the implementation of a downward review of tariff from N225/Kwh to N206.80/Kwh for band A customers in its coverage territory. This review…
Air Peace bags ICAN Achievement Award
Air Peace has bagged the Institute of Chartered Accountants of Nigeria (ICAN) Achievement Award, for breaking new grounds in the Nigerian aviation sector. This is contained in a statement signed…
Customs achieves 42% stakeholder feedback in Time Release Study
The Tincan Island Port Command of Nigeria Customs Service (NCS) says it recorded a 42 per cent stakeholder feedback achievement on its Time Release Study (TRS) survey, aimed at improving…
Regulating Pay Television Companies, by Monday Philips Ekpe
It is no longer news that the Federal Competition and Consumer Protection Commission (FCCPC) has made efforts to stop MultiChoice, owner of DSTV and GOTV, from reviewing upwards the…
Africa and the imperative of South Korea’s development model
By Tunde Rahman To say the economy of the Republic of South Korea is a developed and strong economy is to say the obvious. South Korea’s economy had been vastly…
Fitch revises Nigeria’s outlook to positive on recent economic reforms
May 4, 2024 Global ratings agency Fitch revised Nigeria’s outlook on Friday to positive from stable, citing the country’s economic reforms under its new president. Since taking office about a…
NERC unbundles TCN, establishes new system operator
In conforming with the Electricity Act 2023, the Nigerian Electricity Regulatory Commission (NERC), has unbundled the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator…
Auto manufacturers visit Tinubu, pledge to deepen local manufacture
The African Association of Automotive Manufacturers and the Nigerian Automotive Manufacturers Association led by the Minister of Industry, Trade and Investment, Ms. Doris Uzoka-Anite, on Friday, paid a courtesy visit…
Oyo Govt unveils free technology skill training for 1,000 students
As part of its effort to ensure quality and sustainable development in the education sector in line with the Omituntun 2.0 Agenda of the state governor, ‘Seyi Makinde, the Office…