Good afternoon sir, I’m forced to bring this to your attention from Obiosa, Ogunmuyiwa, jubrila, Bashorun streets among other streets, Johnson bus top, ijeshatedo, itire/ ikate Lagos that despite the fact that ijesha that distribute electricity in those areas shares electric supply with Baruwa, Okunnola, Sanusi, Mogaji streets among other[Read More…]
Author: Godwin Anyebe
Electricity prices are tumbling for generators, why not for consumers?
The prices big power generators receive have collapsed, but don’t expect that to show up on your power bill any time soon – if ever. Average active wholesale contract prices have fallen roughly 36 per cent over the past three months. Forward prices are depressed way off into the future[Read More…]
NCC to review mechanism for addressing consumer complaints
The Nigerian Communications Commission (NCC) on Tuesday inaugurated a committee to harmonise existing consumer outreach programmes. In a statement sent by the commission, it said the committee will help to develop a more impeccable way to effectively manage consumer complaints received from the commission’s online media platforms. The Executive Commissioner,[Read More…]
NERC moves to remove tariff related liabilities from DisCos
The Nigeria Electricity Regulatory Commission (NERC) on Thursday moved to remove historical related liabilities from the financial records of DisCos. NERC said that the order No. NERC/196/2020 that it issued yesterday seeks to resolve the continued accumulation of future tariff related shortfalls during the transition to cost reflective tariffs and[Read More…]
Nigerians to pay more for data, calls as telcos apply new VAT
The Association of Licensed Telecommunications Operators of Nigeria (ALTONS) said it will start implementing the country’s new 7.5% Value Added Tax (VAT) increase from Saturday, February 1 2020. “Further to the assent of the Finance Bill by President Muhammadu Buhari…which reviewed the Value Added Tax (VAT) from 5% to 7.5%,[Read More…]
How To Block Your Bank Account In Case Of Emergency
*UBA* dial *919*10# from the mobile line linked to your account *Fidelity Bank* dial *770*911# from the mobile line linked to your account *IBTC Bank* dial *909# from the mobile line linked to your account *Zenith Bank* dial *966*911# *First Bank* send Block to 30012 via text message *Union Bank*[Read More…]
Airtel touching lives returns for season 5 with focus on bigger projects
The fifth series of Airtel Touching Lives, the telecom flagship corporate social responsibility programme, premiered at the recently with an indication that the current season would tackle more far-reaching projects across Nigeria. In his keynote at the launch event, Mr Segun Ogunsanya said, With the current Season, we are focused[Read More…]
Intelligent robbery in banking halls
I have a neighbour who sells foodstuffs. She travelled for the new year, so instructed a relation to pay in the money(130,000) into her Access Bank Account… She was in the Banking Hall, Warehouse Branch, Apapa, with the money in her bag. While filling her teller, someone asked her if[Read More…]
Agency kicks off campaign to deepen financial services
A Nigerian Agent Banking platforms, ‘The BaxiBox’, has kicked off a rave of campaign with the aim of creating national awareness for its multiple financial services across the country. BaxiBox is the financial platform arm of Capricorn Digital Limited. Speaking during the official launch of the campaign recently in Lagos,[Read More…]
NERC condemns DisCos over meters
The Nigerian Electricity Regulatory Commission (NERC) has scolded some electricity Distribution Companies (DisCos) who force customers to clear their bills before they are metered. NERC in a statement by its spokesman, Dr Usman Abba-Arabi said the Commission’s attention was brought to the practice of having customers of DisCos invest in[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…]