Electricity Tariff Subsidy Gulped N540bn, Must Stop — NERC
The Nigerian Electricity Regulatory Commission has said the Federal Government spent N540bn subsidising electricity in 2019, stressing the need to put an end to subsidy.
According to the commission, the amount spent on electricity subsidy should be...
Treasury Bills: Investors Await Matured N540bn
Treasury Bills worth N539.95 billion are expected to mature via both the primary and secondary markets.
Owing to this, analysts have predicted relative ease in the financial system liquidity with resultant moderation in interbank rates.
Cowry Asset Management Limited stated this...
