Business - Page 135

Cost Of Living Worsens As New Petrol Price Hits Hard On Nigerians

Why Petrol Queues Returned To Lagos, Abuja, Port Harcourt Filing Stations

Fears of possible reduction in petrol price fueled artificial scarcity and caused return of queues at filling stations, especially in Lagos, Abuja and some parts of Port Harcourt this weekend.

Victor Ezeja

8 months ago

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Business·Power

New Electricity Tariff Hike Will Reduce Subsidy By 40% – NERC

The Nigerian Electricity Regulatory Commission (NERC) says the new increase of electricity tariff will reduce subsidy for electricity generation by 40 per cent while the Federal Government would still retain about 50

Victor Ezeja

8 months ago

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·Latest News

Electricity Tariff Increase Threatens Long-term Sustainability Of Businesses Across Sectors – ACCI

The Abuja Chamber of Commerce and Industry (ACCI) has expressed apprehensions over the impact of the new electricity tariff increase on the long-term sustainability of businesses across various sectors. Speaking in Abuja,

Emmanuel Ochayi

8 months ago

Africa·Business·Latest News·World News

No Job For Millions Of Nigerian Graduates, Others- ECOWAS Bank President Urges Action To Tackle Youth Unemployment

George Agyekum Nana Donkor, the president of the ECOWAS Bank for Investment and Development, emphasized the pressing issue of youth unemployment in West Africa during the ECOWAS Investment Forum 2024 in Lomé,

Emmanuel Ochayi

8 months ago

Business·Latest News

Customs Command In Apapa Records N489bn Revenue In Q1 2024

The Apapa Customs Command has hit a milestone by recording an N489 billion revenue for the first quarter of 2024. Command’s Public Relations Officer, Usman Abubakar, revealed that the revenue collected during

Emmanuel Ochayi

8 months ago

Nigeria's Rising Electricity Demand Highlights Sector Challenges and Investment Opportunities

Business·Latest News

Ibadan DisCo Announces The Implementation Of New Electricity Tariff For Consumers

The Ibadan Electricity Distribution Company (IBEDC) is set to kickstart the implementation of the revised electricity tariff for Band A consumers starting from April 3, 2024. This move follows the recent announcement

Emmanuel Ochayi

8 months ago

Business·Latest News·Markets

BUA Foods Leads As Top Performing FMCG Stocks in Q1 2024; Other Consumer Goods Sector Surge, Defying Past Losses

Investors in Nigeria are witnessing a surprising turn of events as stocks in the consumer goods sector experience a surge, despite past losses. The surge comes after a challenging fiscal year in

Emmanuel Ochayi

8 months ago

Business·Latest News

List Of 30 Ibadan Electricity ‘Band A’ Areas As New Electricity Tariff Triples For IBEDC Customers

The Nigerian Electricity Regulatory Commission (NERC) has greenlit a hike in electricity tariffs, leaving customers in Band A areas of the Ibadan Electricity Distribution Company (IBEDC) feeling the pinch. Effective immediately, these

Emmanuel Ochayi

8 months ago

Exchange Rate For Customs Cargo Clearance Declines To N12go/$1 As CBN's Reforms Stabilize Forex Market

Business·Finance & Economy·Latest News·Markets

Exchange Rate For Customs Cargo Clearance Declines To N1260/$1 As CBN’s Reforms Stabilize Forex Market

The exchange rate for Nigeria Customs Services’ cargo clearance has plunged, now standing at N1260.49/$ compared to N1330/$ in recent days. This drop of approximately N70 per clearance is a testament to

Emmanuel Ochayi

8 months ago

Business·Power

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike – Expert

The increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) for consumers on Band A has been generating reactions from the people across the country.

Victor Ezeja

8 months ago

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Business - Page 135

Why Petrol Queues Returned To Lagos, Abuja, Port Harcourt Filing Stations

New Electricity Tariff Hike Will Reduce Subsidy By 40% – NERC

Electricity Tariff Increase Threatens Long-term Sustainability Of Businesses Across Sectors – ACCI

No Job For Millions Of Nigerian Graduates, Others- ECOWAS Bank President Urges Action To Tackle Youth Unemployment

Customs Command In Apapa Records N489bn Revenue In Q1 2024

Ibadan DisCo Announces The Implementation Of New Electricity Tariff For Consumers

BUA Foods Leads As Top Performing FMCG Stocks in Q1 2024; Other Consumer Goods Sector Surge, Defying Past Losses

List Of 30 Ibadan Electricity ‘Band A’ Areas As New Electricity Tariff Triples For IBEDC Customers

Exchange Rate For Customs Cargo Clearance Declines To N1260/$1 As CBN’s Reforms Stabilize Forex Market

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike – Expert

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