Business

Nigerian Manufacturers Decry 40% Increase in Electricity Tariff, Ask for Subsidy

They pointed out that in the last 8 years of the previous administration, electricity tariffs had gone up by 186%.

1 year ago

Nigerian Electricity Distributors Alert Customers to 40% Tariff Increase from July 1

They said the review was due to the new value of the naira in comparison to the dollar.

1 year ago

African Development Bank, European Investment Bank, Islamic Development Bank, WHO Launch New Investment Platform To Strengthen Primary Healthcare

The platform will help to develop national health by prioritizing health care investment plans.

1 year ago

CBN, Bill Gates Partner To Boost Financial Inclusion Drive

The foundation’s focus will include health, agriculture, and financial services.

1 year ago

Zenith Bank’s CFO, Mukhtar Adam, Emerges Chief Financial Officer of the Year at the 11th AABLA

He dedicated the award to the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR.The Chief Financial Officer (CFO)…

1 year ago

Oil Prices Climb After Russia Mutiny Stokes Fears of Supply Disruption

A clash between Moscow Wagner was averted on Saturday after the heavily armed mercenaries withdrew from the southern Russian city…

1 year ago

In New KYC, CBN Directs Banks to Obtain Customers’ Digital IDs, Social Media Handles

It said the move is aimed at strengthening the fight against financial crimes.

1 year ago

Nigeria’s Debt Increased by N3.6tn to N49.85tn in Three Months, Says Debt Management Office 

During the period, there were increases in the debt stock of the FGN, States, and the FCT.

1 year ago

Tinubu Lauds AfDB’s $520m Investment In Nigeria’s Agro Industries

He also said electricity requires urgent attention.

1 year ago

Nigerian Manufacturers: We May Relocate To Other African Countries Over Proposed 40% Hike in Electricity Tariff

They described the Impending price increase as outrageous and perilous.

1 year ago