Business

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 […]
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‘Why Govt should listen when OPS speaks’ – DG, NBCC

Mr. Olusola Obadimu is the Director General, Nigerian- British Chamber of Commerce. He speaks exclusively with VANGUARD, on his office as a DG. He also proffers how to make the chambers of commerce movement in the country vibrant like their counterparts in London, USA.

KPMG highlights challenges of IFRS, tasks shareholders

As companies migrate to the new International Financial Reporting Standards (IFRS) as mandated by the regulatory bodies in the financial sector, shareholders have been warned to get themselves acquainted with the system in order to help them make favourable investment decisions.

Only well capitalised MFBs will operate – CBN

The Central Bank of Nigeria, CBN, has said that only well capitalized microfinance banks, MFBs, that are ready to comply with rules and regulation will, henceforth, be allowed to operate in sector.

Stanbic IBTC Bank branch expansion drives products offerings

Awareness about Stanbic IBTC Bank’s product offerings has recorded significant growth in the market following its aggressive branch expansion in Nigeria, even as the bank makes plans to further widen its product and service range.

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