The Nigerian Electricity Regulatory Commission (NERC) has given electricity distribution companies (Discos) December 2021 deadline to close the metering gap in the power sector. According to the commission, 37 per cent or 3.9 million of registered energy consumers in the country have been supplied electricity meters by the Discos. The[Read More…]
Author: Godwin Anyebe
Latest Styles Fraudsters Use To Empty Bank Accounts Without Your ATM Card Or Cell Phone – Bunaboy
Before now Scammers need ATM card or mobile phone to empty Bank Account, but now they have upgraded their strategy, they don’t even need your ATM card, BVN or even your mobile phone number. Please let’s be very careful. There is a new HIGH TECH FRAUD in town called the[Read More…]
How to Lower Your PHCN Bill…,
A thread on why PREPAID METER being distributed TO ALL may never be achieved in Nigeria. After the Nigerian Police, Nigerian Electricity distribution companies are next on the list of corruption. This has been in existence from time immemorial, just like barracks, many government have come and gone but the[Read More…]
Nigerians to pay N50 Stamp Duty on ATM Printouts, Some WhatsApp Messages – FIRS
Nigerians will now pay stamp duties on WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds, according to Federal Inland Revenue Service (FIRS). Muhammad Nami, executive chairman of FIRS in on the tax agency’s website, said “Any electronic receipt for, or electronic transfer of, money deposited[Read More…]
DisCos Sue FG Over Interference in Corporate Activities
Nigeria’s eleven Distribution Companies (DisCos) have head to court to restrain the Nigerian Electricity Regulatory Company (NERC) from interfering in their corporate activities unless the boards of the DisCos are duly consulted. The Guardian learnt that the distribution companies, including Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano as[Read More…]
How Banks Defrauds Customers in Nigeria
Nigeria bank has finished this Nation. They are silence killer and unarmed robbers. If you’re in doubt, below are series of charges always place on innocent customers on a single banking transaction. 1 VAT. 2. Account maintenance charges 3. SMS alert charges 4. Transfer charges 5. Poster STAMP DUTY charges[Read More…]
Debit Cards & Consumers …A Peculiar Perspective
We would advise objective consideration of this piece, to situate it properly in relation to its purpose; CONSUMERS’ ASSEMBLY would rather that issues of concern serve collective good of all, albeit from the perspective of CONSUMERS, not minding parochial considerations. That also explains our position of inquisitiveness. We would always[Read More…]
How Fraudsters Among POS Agent can use your ATM without OTP
I am a mobile money agent that operate different banks POS. A lot of customers always run to my office when been frauded in one way or the days. I help people in logging dispense error and fraud complains to banks on their behalf, from there I have gained a[Read More…]
How COVID-19 Shapes Consumer behavior towards e-commerce
In a way, the Covid-19 pandemic has changed the way consumers shop and communicate with brands more than any other disruption (including technological ones). During this pandemic, as more people work from home, they are sticking to basics, stepping outside only to buy essentials and are constantly worried about the[Read More…]
NAFDAC Reduces Cost of Registration for MSMEs by 80%
In order to mitigate the economic impact of COVID-19 on Micro, Small and Medium Enterprises (MSMEs) in Nigeria, the National Agency for Food and Drugs Administration and Control (NAFDAC) has reduced tariff for registration of products by small businesses for a three month period. Announcing this during a virtual launch[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]