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
The French Ambassador to Cameroon, Christophe Guilhou has called on the concerted efforts to end the crisis in the North West and South West Regions. He was reacting to the killing of at least seven children last Saturday in Kumba, South West Region of Cameroon by gunmen. The children were killed last Saturday, October 24 when … Read more
The Vice President of the Social Democratic Front, Honourable Joshua Osih has condemned the gruesome killing of seven children at a school in Kumba, South West Region of Cameroon. The children were killed last Saturday, October 24 when armed men invaded the Mother Francisca international bilingual school in Fiango, Kumba, opening fire randomly before taking … Read more
The founder of the Centre for Human Rights and Democracy in Africa, Felix Agbor Nkongho has called for perpetrators of last weekend’s killings in Kumba to be held accountable. He was reacting last weekend after gunmen invaded the Mother Francisca international bilingual school in Fiango, Kumba, shooting and killing seven children and injuring over a … Read more
RFI | Le Cameroun est toujours plongé dans l’émotion après le massacre perpétré samedi 24 octobre par un groupe armé dans une école de Kumba, dans le Sud-Ouest anglophone, dont le bilan s’est alourdi : au moins sept morts et plus d’une dizaine de blessés, dont certains dans un état grave. Alors que les auteurs … 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
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