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Increase in Electricity Tariff Suspended Till July

by Seun Adeuyion March 31, 2020
There will be no increase in electricity tariff for end-use customers until July, the Nigerian Electricity Regulatory Commission (NERC), on Tuesday, said. Recall that the NERC had in a December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020 disclosed that it would increase tariff from April 1st […]

CBN Introduces N50b TCF To Support Households, MSMEs Affected By #COVID-19

by Seun Adeuyion March 26, 2020
As a stimulus package to support households and micro, small and medium enterprises (MSMEs) affected by the COVID-19 pandemic, the Central Bank of Nigeria (CBN) has introduced a N50 billion Targeted Credit Facility (TCF). This was contained in a circular signed by the CBN Director of Development Finance, Dr. Mudashiru Olaitan, on Monday. According to […]

Seek Ye First The Economic Kingdom

by David Hundeyinon March 23, 2020
In 2018 before I moved out of my old apartment in Bariga, I had a neighbour who had a child with learning difficulties. Korede must have been 7 or 8 years old, but he could barely communicate at toddler level. He also had a raft of health problems and he was rarely seen without his […]