Nigerians reject electricity tariff cut, demand total reversal

Nigerians on Monday rejected  the Nigerian Electricity Regulatory Commission’s reduction of the tariff payable by Band A customers from N225/kWh to N206.8/kWh. The Nigeria Labour Congress, Trade Union Congress, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, electricity consumers and civil society organisations. The new tariff announced on Monday came 33 days after […]

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EFCC grills six senior NSCDC officers over N6bn fraud

The Economic and Financial Crimes Commission has arrested six senior officers of the Nigeria Security and Civil Defence Corps over alleged N6bn fraud. The senior officers are currently being grilled by EFCC interrogators at the commission’s headquarters, Jabi, Abuja, Though details of the probe are still sketchy, our correspondent gathered that the NSCDC officers were […]

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Indian consulate-general pledges support for Nigeria’s healthcare sector

The Indian Consulate-General to Nigeria, Shri Chandramouli Kern, has expressed his beliefs for flourished bilateral relations between India and Nigeria in the provision of quality healthcare services. Kern disclosed this at the unveiling of StarCare International Hospital, a leading provider of primary and speciality care operations in Ikeja, Lagos State, on Monday, while assuring India’s commitment […]

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FG eyes $750m W’Bank loan, mulls telecom tax

In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms programme between Nigeria and the World Bank. A copy of the plan’s document posted on […]

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Kwankwaso attempting to demystify Ganduje in Kano – APC

Again, the ruling All Progressives Congress on Monday night accused the National Leader of the New Nigeria People’s Party, Senator Rabiu Kwankwaso of deliberately attempting to undermine the political relevance of its National Chairman, Dr Abdullahi Ganduje, ahead of the next election in Kano State. This was disclosed by the National Legal Adviser of the […]

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Dollar speculation: FG to ban naira from crypto trading platforms

The Federal Government, through the Securities and Exchange Commission, is set to delist the naira from all peer-to-peer crypto platforms as the government steps up efforts to tackle exchange rate manipulators and dollar racketeers. The development came against the backdrop of the recent moves by the Federal Government to regulate Nigeria’s crypto market estimated at […]

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