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Tariff Increase To Allow DisCos Pay For Gas, Maintain Machines – NERC
The vice president of the Nigeria Electricity Regulatory Commission (NERC), Musiliu Oseni, has explained the reasons behind the increase in electricity tariff for Band A customers.
The increase, which was announced by NERC earlier on…
FG postpones students loan launch indefinitely
The Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely.
The Executive Secretary of the Nigerian Education Loan Fund, Akintunde Sawyer, made this known during an interview on Tuesday.
In June…
EFCC Intercepts 21 Food Trucks Heading To Neighboring Countries
The Economic and Financial Crimes Commission (EFCC) has intercepted 21 food trucks heading to neighboring countries.
Announcing the seizure in a statement on its X handle on Tuesday, the anti-graft agency said the items were heading…
POS Operator arrested for allegedly distributing fake money
An unidentified woman has been arrested with a colleague in Lagos State on Saturday, March 2, for allegedly distributing counterfeit currencies, through a Point of Sale (POS) business.
During interrogation, she claimed she got the fake…
CBN Revokes Operational Licenses Of 4,173 BDCs
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions.
This was disclosed in a statement on Friday by the…
Customs halts sale of seized food items after seven die in stampede
The Nigeria Customs Service has suspended the sale of seized food items to Nigerians.
The development comes after a stampede that claimed lives at Nigeria Customs Service Old Zonal Headquarters in Yaba, Lagos State, on Friday.…
Oil and gas suppliers want FG to declare state of emergency on refineries.
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on President Bola Tinubu to declare a state of emergency on the country’s refineries if the economy must be stabilized.
President of NOGASA, Chief…
Driver, four passengers survive as car summersaults in Abuja
Five persons, driver and four passengers, on Tuesday survived an accident which occurred closed Banex in Abuja.
It was gathered that the passengers had boarded the taxi from Zuba to Area 1, before the unfortunate incident…
Hardship: Customs to distribute seized food items to Nigerians.
In the wake of the current high level of hardship in the country, the Nigeria Customs Service, NCS, has disclosed plans to distribute seized food items to Nigerians.
The Comptroller General of Customs, Bashir Adewale Adeniyi,…
50 Niger Republic-bound food trucks intercepted in Zamfara
Fifty trucks conveying foodstuffs out of the country to the Niger Republic were intercepted on Monday by the Zamfara State Transport Agency.
The agency, which was enforcing a presidential directive meant to arrest the food…