Consumers pay N1.2trn for electricity in six months — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
World Bank tasks FG to raise excess crude account to $6.3bn
The World Bank has advised the federal government to increase its fiscal buffers by raising the excess crude account (ECA) to $6.3 billion.
Pensioners weary of another verification exercise
The Pension Transitional Arrangement Directorate (PTAD) says it has intention of creating a new and genuine database of pensioners under the Defined Benefit Scheme, DBS, by embarking on a verification exercise in the future. However, pensioners under the scheme are skeptical of any verification going forward
Investors fret over end of U.S quantitative easing
A survey released yesterday by BofA Merrill Lynch Fund Manager, Bank of America has revealed that investors across the globe are concerned over the imminent end of quantitative easing (QE) in the U.S. saying that it has left investors much less confident in the outlook for the global economy and corporate profit.
Access Bank, MoneyGram partner for outbound transfer services
By EDIRI EJOH
Access bank plc in collaboration with MoneyGram, has launched its outbound money transfer services tagged ‘Naija sends’, with the indication of a better platform for sending funds outside the country.
Insurers to consider involvement in disaster mgt
Insurance involvement in disaster management is to take centre stage at the 2014 National Insurance Conference to be organised by the Nigerian Council of Registered Insurance Brokers (NCRIB).
