Monday, April 29, 2024
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‘Due to FX fluctuations’ — NERC deregulates meter prices

    ‘Due to FX fluctuations’ — NERC deregulates meter prices

The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter prices under the meter asset provider (MAP) scheme for end-user customers. This is contained in a circular issued

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Dollar strengthens against naira at parallel, official windows

    Dollar strengthens against naira at parallel, official windows

The naira further depreciated to N1,350 per dollar at the parallel section of the foreign exchange (FX) market on Monday. The current FX rate represents a 2.27 percent decline from

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FX transactions: CBN directs fintechs to halt registration of new customers

    FX transactions: CBN directs fintechs to halt registration of new customers

Two Nigerian fintech companies have paused enrollment of new customers following a directive from the Central Bank of Nigeria (CBN). The affected fintechs are Opay and Moniepoint. Confirming the development

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Emefiele collected $600k kickback in cash from contractors, former CBN director tells court

    Emefiele collected $600k kickback in cash from contractors, former CBN director tells court

John Ikechukwu Ayoh, a former director at the Central Bank of Nigeria (CBN), has testified against Godwin Emefiele, ex-governor of the apex bank, in the ongoing case of abuse of

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Tribunal stops MultiChoice from increasing DStv, Gotv subscription rates

    Tribunal stops MultiChoice from increasing DStv, Gotv subscription rates

A competition and consumer protection tribunal (CCPT) in Abuja has stopped Multi-Choice Nigeria Limited from increasing its tariffs and cost

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Court orders EFCC to freeze 1,146 accounts over ‘unauthorised foreign exchange’ transactions

    Court orders EFCC to freeze 1,146 accounts over ‘unauthorised foreign exchange’ transactions

A federal high court in Abuja has granted an interim order to the Economic and Financial Crimes Commission (EFCC) to

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Petrol scarcity: NNPC not supplying sufficient petrol, say oil marketers

    Petrol scarcity: NNPC not supplying sufficient petrol, say oil marketers

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says it does not have access to petroleum products. Queues

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PHOTOS: Traffic congestion as petrol queues resurface in Lagos

    PHOTOS: Traffic congestion as petrol queues resurface in Lagos

Queues for petrol have resurfaced in parts of Lagos as fuel stations are packed with vehicles waiting to fill their

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NFF appoints Finidi George as Super Eagles head coach

    NFF appoints Finidi George as Super Eagles head coach

Finidi George has been appointed as the new head coach of the Super Eagles. The Nigeria Football Federation (NFF) announced

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‘Terrorism financing’: Court chides FG for lack of diligent prosecution in Tukur Mamu’s case

    ‘Terrorism financing’: Court chides FG for lack of diligent prosecution in Tukur Mamu’s case

A federal high court in Abuja has reprimanded the federal government for lack of diligent prosecution in the charge filed

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