Rahma Oladosu

Customs Arrests 344 Smugglers, Impounds N3bn Smuggled Rice

Customs Arrests 344 Smugglers, Impounds N3bn Smuggled Rice   The Nigeria Customs Service (NCS) seized a total of N3.02bn worth of smuggled rice between May 2022 and May 2023. Data obtained from the service through its National Public Relations Officer, who is...

NERC Reveal Why DISCOs Recorded 40% Revenue Loss

NERC Reveal Why DISCOs Recorded 40% Revenue Loss   The Nigeria Electricity Regulatory Commission (NERC) has urged Distribution Companies (DisCos) to make investments in infrastructure upgrades, modernise their metering systems and improve revenue collection methods, to ensure better efficiency and more...

108,552 Retirees Receive N217bn, Says PenCom

108,552 Retirees Receive N217bn, Says PenCom   No fewer than 108,552 annuitants received N216.66bn lump sum under the Contributory Pension Scheme as of the end of the first quarter of 2023, figures obtained from the National Pension Commission (PenCom) have revealed. This...

Airfare Increases By 34.06% In One Year – NBS

Airfare Increases By 34.06% In One Year - NBS   From May, last year, airfare paid by air passengers for a single journey rose by 34.06 per cent from N55,906.86 to N74,948.78 in May 2023. The National Bureau of Statistics (NBS) made...

Inflation: Prices Of Yam, Beef Rise By 22.8%, 24.9% — NBS

Inflation: Prices Of Yam, Beef Rise By 22.8%, 24.9% — NBS   The National Bureau of Statistics (NBS) yesterday said that the prices of beef and Yam rose up by 24.9 per cent and 22.8 per cent Year-on-Year, YoY respectively in...

Frustration Mounts As Discos Consider 40% Electricity Tariffs Hike

Frustration Mounts As Discos Consider 40% Electricity Tariffs Hike   Speculations of plans to raise electricity tariffs up by 40 percent barely a few weeks after the removal of the petrol subsidy have triggered anger among customers. While it is mandatory for...
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