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Tricycle ticket dispute: Pass distributor stabbed to death in Taraba, two arrested

By Femi Bolaji JALINGO — Operatives of the Taraba State Police Command have arrested two suspects in connection with the killing of a commercial tricycle union pass distributor at Angwan Kassa junction, a suburb of Jalingo, the state capital. The incident, which occurred on Wednesday, caused panic among residents and commuters in the area. Vanguard […]

West African regulators seek pricing system for petroleum products

By Obas Esiedesa, Abuja West Africa Regulators Forum (WARF) has called for the setting up a regional pricing benchmark for refined petroleum products, arguing that the continent should no longer depend on international markets to determine the value of commodities produced within Africa. Speaking in Abuja ahead of the second West Africa Refined Fuel Conference, […]

Otedola raises FirstHoldco stake to 26% with N222bn share purchase

By Peter Egwuatu Femi Otedola, Chairman of First HoldCo Plc, has increased his stake in the financial institution after acquiring additional 1.779 billion shares valued at N222.209 billion. The acquisition was disclosed in a statement signed by the company’s Secretary, Abiola Baruwa, and filed with the Nigerian Exchange Limited (NGX) on Thursday. According to the […]

FCCPC seeks unified consumer protection rules as states open electricity markets

By Progress Godfrey ABUJA — The Federal Competition and Consumer Protection Commission (FCCPC) has called for stronger collaboration and harmonised regulatory frameworks among electricity sector regulators as states begin to establish and operate their own electricity markets. The Executive Vice Chairman and Chief Executive Officer of FCCPC, Mr Tunji Bello, said the implementation of the […]

Ebonyi warns against encroachment on government lands

By Jeff Agbodo, Abakaliki The Ebonyi State Government has warned individuals encroaching on Development Centre lands and other government-owned properties in the state to desist or face legal action. The State Commissioner for Lands and Survey, Dr. Matthew Nwobasi, gave the warning during a meeting with coordinators of the 64 Development Centres in the state […]

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