Nigeria has opened a discussion with the People’s Republic of China to have access to COVID-19 vaccines. Minister of Foreign Affairs, Ambassador Geoffery Onyeama, made the disclosure on Tuesday in Abuja shortly after a bilateral meeting with the Chinese Foreign Minister, Wang Yi. The latter is on a working visit[Read More…]
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Electricity Hike Another Betrayal Of Trust, Says Labour Union
The Trade Union Congress of Nigeria on Tuesday said it is disappointed by the recent hike in electricity tariffs approved by the Nigerian Electricity Regulatory Commission. According to a statement signed by TUC President, Comrade Quadri A. Olaleye, the hike was effected despite negotiations still ongoing with organised labour over[Read More…]
FG Clears Air On Increase In Electricity Tariffs
The Minister of State for Labour and Employment, Festus Keyamo, has insisted that the Federal Government did not increase electricity tariffs. While speaking on Channels Television’s Politics Today on Tuesday, Keyamo, said the FG only adjusted some bands for consumers to pay what they are supposed to pay. He said[Read More…]
New Electricity Tariff Hike Will Reflect Inflation, Forex Rates — NERC
The Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariff hike would not affect customers being served less than an average of 12hrs of supply per day. NERC said some service bands have been adjusted by NGN2.00 to NGN4.00 per kWhr to “reflect the partial impact of inflation[Read More…]
The 59th Firstbank Lagos Amateur Golf Open Championship Takes-Off
Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited has announced that the 59th edition of its annually sponsored Lagos Amateur Golf Championship Teed-Off at the golf section of Ikoyi Club 1938 on Monday, 28 December 2020. The competition, which is one of the longest running[Read More…]
High Cost of Chicken Mars Christmas Celebration, as Traders Lament Low Sales
Many households, especially in Lagos and Ogun states, celebrated last Friday’s Christmas without their favourite chickens as the price of the birds went practically beyond their reach. A survey carried out by The Guardian across major markets in Lagos – Ile-Epo, Agege, Daleko, Ojuwoye, all in Lagos State and Sango,[Read More…]
Consumers Will Boycott Luxury Items For The Next 12 Months – CBN
The Central Bank of Nigeria (CBN) has projected that most Nigerians will distance themselves from expensive and luxury items within the next 12 months. This is contained in the ‘Consumer Expectations Survey for Q4 2020’ report released by the CBN’s statistics department. It was reported that Nigerians’ overall confidence outlook[Read More…]
Nda-Isaiah for December 28
Activities marking the burial of the Chairman of LEADERSHIP Group, Mr. Sam Nda-Isaiah, will start on Wednesday. Nda-Isaiah, 58, died on Friday, December 11, after taking ill briefly. A statement by his brother, Mr. Abraham Nda-Isaiah, said dignitaries expected to participate in the events, which would commence on by 12noon[Read More…]
9mobile To Leverage Technology, Innovation For Improved Enterprise Support
Nigeria’s telecommunication company, 9mobile, has reassured its enterprise customers of improved Quality of Service (QoS) on its network in 2021. This reassurance was given during 9mobile’s Enterprise Customer forum 2020 in Port Harcourt recently. Forum is designed to appreciate customers for their loyalty while receiving their feedback for better service[Read More…]
TAJBank Celebrates 1st Anniversary …Breaks Even in 9 Months of Operations
Nigeria’s most innovative Non-Interest Bank has celebrated its 1st anniversary. The event which held recently, took place at the Wells Carlton Hotel in Abuja. In attendance, were members of the board of directors, executive management as well as members of staff. The occasion was an opportunity for the Bank to[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…]