No tariff reduction for residential customers — AEDC

No tariff reduction for residential customers — AEDC

Abuja—The Abuja Electricity Distribution Company (AEDC) yesterday said that the 50 per cent reduction in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) does not affect residential consumers under the R1 and R2 tariff categories.
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Gombe: A fight between old friends

Gombe: A fight between old friends

Largely, the 2015 contest had the trappings of the last governorship election in 2011 when the former governor, Alhaji Danjuma Goje adopted incumbent Governor Ibrahim Dankwambo as both his political god son and candidate for the office.

My victory changes 60yrs of Lagos history —Ambode

My victory changes 60yrs of Lagos history —Ambode

Lagos State governor-elect, Mr. Akinwunmi Ambode, yesterday said his victory at the April 11 polls has changed 60 years history of the state, even as it marked the commencement of social and moral contracts.

What Buhari must do to move Nigerian economy forward

What Buhari must do to move Nigerian economy forward

Nigeria’s economic potential is well known. The country’s considerable resource endowment and coastal location ordinarily should allow the emergence of a strong growth pole for Sub-Saharan Africa. Over the years, Nigeria has realised very little of this potential. Instead, its history has been marked by economic stagnation and associated with declining welfare and social instability.

Inflationary pressures to intensify in Q2

Inflationary pressures to intensify in Q2

As the National Bureau of Statistics (NBS) prepares to announce the inflation update for March, 2015 (Q1 round-up) economy analysts are expecting further push up not just for the March, 2015 but also indicating further rises in the months through second quarter 2015 and beyond going by some underlying factors. NBS is set to release the figures officially by Thursday this week.