Business

NERC transfers regulatory oversight of Edo electricity market to state government

The Nigerian Electricity Regulatory Commission (NERC) has issued an order delegating regulatory oversight of Edo State's electricity market to the Edo State Electricity Regulatory...

NCC to telcos: Block SIM cards five minutes after they’re reported stolen

The Nigerian Communications Commission (NCC) has issued a directive to all telecommunications companies to promptly block stolen SIM cards within five minutes of receiving...

Transcorp Power appoints Christopher Ezeafulukwe as non-executive director

Transcorp Power Plc is pleased to announce the appointment of Christopher Ezeafulukwe as a non-executive director, following approval from the Nigerian Electricity Regulatory Commission...

NPA to deploy electronic call-up system at Onne port — one year after suspending Eto platform

The Nigerian Port Authority (NPA) is set to introduce an electronic call-up system at the Onne port complex, a move aimed at streamlining the...

CBN: Remittance inflow hit $553m in July — record-high for a month

The Central Bank of Nigeria (CBN) has announced a significant surge in remittance inflows, recording $553 million in July, a 130% increase from the...

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