To be or not be? That is the question or the state of confusion facing Nigerians as regards electricity tariff. The confusion is aggravated by the recent declaration of the Nigerian Electricity Regulatory Commission, NERC that it is not going to increase electricity tariff by 40 percent.

The Central Bank of Nigeria, CBN, has warned of a grave financial crisis in the Nigerian banking sector in the remaining part of 2015, while it also raised an alarm of a likely increase in Non-Performing Loans, NPL, in the financial sector due to the exposure of banks to the oil and gas sector.

THE Bank of Industry’s s intervention in the nation’s real sector, especially in the cables and wires industry, has increased local production of electric cables by 28,000 metric tonnes following the expansion of Coleman Wires and Cables factory from 2000 metric tonnes to 30,000 metric tonnes.

The Nigerian Society of Mining Engineers, NSME, has called on the Federal Government to muster the political will to develop the solid minerals sector, its President, Mr Benjamin Onwude, urged at the NSME Conference held in Jos, Plateau State, recently.

“Investors should be educated to complete separate forms for each shareholder account number, as upload of e-Dividend Mandate Forms shall be on the basis of individual shareholder number and company of investment indicated by the investor on the physical e-Dividend Mandate Form.”

The Director-General of the Securities and Exchange Commission, Mounir Gwarzo, has called for a strict compliance with Corporate Governance codes by companies operating in the country.

The need to impact on the lives of thousands of people that are not connected to the national grid in remote villages across the country gave birth to the partnership for power generation through its Solar Energy to improve their living standard.

The Standard Bank Group has expressed its readiness for a fair resolution of the tussle between its Nigerian subsidiary, Stanbic IBTC and the Financial Reporting Council of Nigeria (FRCN).

THE Central Bank of Nigeria CBN will soon introduce a set of measures that will protect bank customers from unethical interest rates, illegal charges and other manipulations by bank officials. The rules which are in draft form are aimed at protecting bank customers from excessive exploitation by banks. The draft rules are currently being discussed by stakeholders. According to the soon-to-be-introduced rules, the “CBN shall ensure that operators (banks), establish structures to prohibit predatory lending and hence support a positive credit culture in the industr

There were indications that Central Bank of Nigeria, CBN, may have silently effected a major shift in its monetary policy framework and liquidity policy following over seven weeks consistent high liquidity in the banking system curtesy of the apex bank. Consequently, money market analysts dubbed the development a pseudo quantitative easing, QE, cycle aimed at propping up the economy through increased bank lending leverage.