Regulatory Agency
Why Nigerian government suspended new electricity tariff hike
Minister of Power, Engr. Sale Mamman, has directed the Nigeria Electricity Regulatory Commission, NERC, to suspend the recent hike in electricity tariff with immediate effect.
AEDC effects revised service tariff on November 1
The Abuja Electricity Distribution (AEDC) says it has effected the revised Service Tariff with effect from Nov.1.
NERC: DISCOs collected N114 billion revenues in Q1 of 2020
The latest quarterly report issued by the Nigerian Electricity Regulatory Commission, NERC, showed that a total of N114 billion was collected as revenue by the 11 electricity Distribution Companies, DISCOs, in the first quarter of 2020.
DPR generates N742.4 billion revenue in 8 months
The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.
DPR to fast track integration of domestic gas market hubs into NGTNC
The Department of Petroleum Resources (DPR) has reiterated its commitment to fast tracking full integration of the domestic gas market hubs into the Nigeria Gas Transportation Network Code (NGTNC) to ensure optimal impact in the country’s domestic gas market.
NERC begins review of Discos’ responses to queries on capping order
The Nigerian Electricity Regulatory Commission (NERC) said Tuesday that it is reviewing the responses of some power distribution companies (Discos) to its queries on the flouting of capping order issued by the commission.
Stakeholders urges federal government to apply local content law in regulating travel agents
The local content law in Nigeria needs to be applied fully in regulatory operations of travel agents so as to preserve the sector for the benefit of Nigerians.
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Nigeria threatens to ban flights from UAE, Netherlands
The task force said the Ministry of Aviation and its relevant agencies have been mandated to take the necessary reciprocal measures as may be permissible under the laws and other international obligations expected to be discharged against Emirates airlines operating from the UAE and other airlines from The Netherlands.
Manchester United boss rules out late title push despite derby win
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win.
NIOB, PSN, 28 others seek more roles for Nigerian professionals
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
AfDB approves $1.3 million grant for female financial inclusion research in Africa
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent.
Jurgen Klopp hopes for respite for struggling Liverpool
Liverpool manager Jurgen Klopp hopes a change of competition will give his side a break from their wretched Premier League form that has put their chances of a top-four finish in jeopardy.
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Delta communities threaten to disrupt repairs of Chevron’s pipeline
Host communities in Gbaramatu Kingdom in Warri South-West local government area of Delta state have threatened to disrupt repairs of a pipeline belonging to Chevron Nigeria Limited over alleged refusal by the company to pay adequate compensation for oil spillage that occurred on February, 3 2021.
Lagos speaker commends governor over completion of Agege flyover
The Speaker, Lagos State House of Assembly, Dr Mudashiru Obasa, has commended Gov. Babajide Sanwo-Olu, over the completion of the 1.4 km Dual Carriageway Flyover at Pen Cinema, Agege.
NDAN appeals to media owners, government for life insurance
The Newspaper Distribution Association of Nigeria (NDAN) has appealed to proprietors of media houses and government to collaborate on enabling environment and life insurance for vendors, decrying unfair treatment to them.
Bureau de Change operators want more action to support Naira
The Association of Bureau De Change Operators of Nigeria (ABCON) on Monday said that a competitive Diaspora Remittance market space would engender Naira stability.
Pope Francis departs Rome for risky, historic Iraq tour
Pope Francis left Rome on Friday to start a four-day trip to Iraq, his most risky foreign trip since his election in 2012 and the first visit by a pontiff to the country.