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March 28, 2019

Published by Barry Uba at March 28, 2019

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Elumelu ‘to add’ 1,400MW to national grid with $2.5bn investment in power

Plans to increase Nigeria’s national grid by 700 megawatts (MW), may be taking shape as Tony Elumelu, chairman of Transcorp Nigeria Plc, has pledged to invest […]

March 28, 2019

Published by Barry Uba at March 28, 2019

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DisCos are responsible for meters, NERC tackles ANED

The Nigerian Electricity Regulatory Commission (NERC) says it is the obligation of the distribution companies (DisCos) to ensure that consumers are provided with meters under the […]

March 27, 2019

Published by Barry Uba at March 27, 2019

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CBN cuts interest rate to 13.5%, seeks GDP rebasing

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as the benchmark or main interest rate, […]

March 27, 2019

Published by Barry Uba at March 27, 2019

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First Bank: Still Standing gidiba 125 years after

This week marks the celebration of the 125th anniversary of the existence of the First Bank franchise in Nigeria. This stands the bank out as one […]