CBN exempts 16 items from 0.5% cybersecurity levy
The Central Bank of Nigeria (CBN) has exempted 16 items from the 0.5 per cent Cybersecurity levy on all electronic…
Business
NERC slashes Band ‘A’ electricity tariff
The Nigerian Electricity Regulatory Commission, NERC, has approved a downward review of electricity tariff for Band ‘A’ customers from N225/kWh…
NERC unbundles TCN, establishes new system operator
The Nigerian Electricity Regulatory Commission, NERC, has unbundled the Transmission Company of Nigeria, TCN, with the establishment of the Nigerian…
Naira depreciates by 0.8% against dollar at official market
Naira on Thursday slightly depreciated at the official market, trading at N1,402.67 to the dollar. Data from the official trading…
Fuel queues will disappear by Wednesday — NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has assured that the fuel queues around the country would be cleared by…
NAJOMO inaugurates NCAA’s project monitoring and evaluation committee
The Acting Director General of Civil Aviation (Ag. DGCA), Capt. Chris Ona Najomo has inaugurated NCAA Project Monitoring and Evaluation…
Implications of metre prices deregulation, by Ade Adesokan
The Nigerian Electricity Regulatory Commission (NERC) has reportedly adjusted the price of a single phase meter from N58,661.69 to N81,975.16….
Prices of petroleum not changing—NNPC
The Nigerian National Petroleum Company Limited, NNPC Ltd., has assured Nigerians that the prices of petroleum products are not changing….
Again, Dangote crashes diesel, aviation fuel prices to N940, N980
The Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to…
Olusegun Alebiosu is new MD/CEO of First Bank
The First Bank of Nigeria Limited (FirstBank Group) has appointed Olusegun Alebiosu as the Acting Managing Director/Chief Executive Officer effective…