Business

By Chris Ochayi 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. The report also indicated that while the collection efficiency decreased considerably, the regulatory agency listed Abuja, … Read more

Optimistic on meeting 2021 target By Ediri Ejoh Barely one year to its 2021 target, Sefton Fross, a Lagos-based energy law firm, has urged the Nigerian Electricity Regulatory Commission, NERC, to tackle the various problems currently affecting metering in the nation. In the report – Meter Asset Provider Regulation: Taking stock two years after – … Read more

EndSars Protesters at the CBN Headquarters, Abuja, last Sunday. PHOTO: Abayomi Adeshida. …Assets replacement cost in Lagos put at N1trn …Results will manifest in GDP—Prof Uwaleke …N1trn lost to firms –  Investment banker …Jobs losses, poverty to escalate —  Analyst By Peter Egwuatu, Olasunkanmi Akoni, Nkiruka Nnorom, Ediri Ejoh At the backdrop of the destructions … Read more

SEC By Peter Egwuatu The Securities and Exchange Commission, SEC and Association of Securities Dealing Houses of Nigeria, ASHON, are now collaborating to address the issue of accounts irregularities in the Nigerian capital market in their bid to enhance transparency and protect investors’ assets. ASHON disclosed that it is partnering with all the stakeholders including … Read more

Stockmarket Marginally up 0.22% in 12 days Nigeria’s stock market has remained resilient despite the protests across the country against Police brutality and the excesses of the Special Anti-Robbery Squad (SARS) which degenerated to civil unrest. Though market watchers had expected that the unrest would create fear and uncertainty among investors who might be concerned … Read more

…hike in fuel, kerosene, diesel prices imminent  By Michael Eboh The Federal Government is proposing the addition of the costs of managing the national strategic stocks of petroleum products to the retail price of the commodities. The proposal, which is included in the 2020 Petroleum Industry Bill, PIB, currently before the National Assembly, might lead … Read more

OLYMPUS DIGITAL CAMERA …Massive job cuts loom as victims count cost …Hard times await uninsured businesses …How unrest will negatively affect Nigeria as investment destination By Tunde Oso Business owners may have begun to count their losses after the mayhem that visited Nigeria last week even as economists warned that losses to the economy, still … Read more

Businessmen in Cameroon have urged the Government to reduce the amount of taxes levied on their businesses as part of the moves to ameliorate the business climate in the country badly affected by the Coronavirus pandemic. They expressed the desire this Thursday October 22 at the 11th session of the Cameroon Business Forum that took … Read more

Building upon its core proposition of making communication safer and more efficient for their users, Truecaller has rolled out three highly-anticipated features: Call Reason, Schedule SMS and SMS Translate for users globally. Truecaller has been the pioneer in the mobile identity space, and has pushed the innovation of Caller ID to great heights. Consumers trust … Read more

The Government and the private sector will tomorrow Thursday October 22 discuss the business climate in the country amid the crippling Coronavirus pandemic on the occasion of the 11th session of the Cameroon Business Forum. The business rendezvous will take place in Cameroon’s political capital Yaounde under the chair of the Prime Minister Head of … Read more