Internet Service in Nigeria: Reps probe ISPs

The House of Representatives has urged the Federal Government to begin an industry-wide audit of the quality of service being provided by internet service providers (ISP) in Nigeria. The lawmakers said the exploitation of internet service consumers by ISPs had gone on for too long without being checked. The lawmakers said the audit was necessary […]

Kano Disco Procures 100,000 Smart Metres for Distribution

The Kano Electricity Distribution Company (KEDCO) yesterday said it has procured 100,000 smart meters for distribution across Kano, Katsina and Jigawa states to stem the tide of estimated billing. A statement issued by its spokesman, Mohammed Kandi, said the effort was part of the firm’s plans to roll out at least 500,000 meters to its […]

Dangote Flour Mills Now Tiger Branded Consumers Goods Plc

Company Secretary and Legal Adviser of Dangote Flour Plc, Aisha Ladi Isa has notified the Management of the Nigerian Stock Exchange (NSE), of the company’s change of name to Tiger Branded Consumer Goods Plc. The new name is to better reflect the new ownership of the company as the change in the substantial ownership and […]

Gas to flood market soon, says group

Liquefied Petroleum Gas (LPG) will soon flood the market Petroleum Gas Association of Nigeria (LPGAN) president Dapo Adesina has said. He said the product is coming from the Nigeria Liquefied Natural Gas Limited (NLNG) based in Bonny, Port Harcourt, Rivers State. Adesina said the supply is imperative in order to buoy availability and minimise the […]

AZMAN Oil begins sale of Kerosene at N50 in Kano

An indigenous oil and gas company, AZMAN Oil and Gas has commenced sale of kerosene to the public at the regulated price of N50 per litre in most of its fuel stations spread across Kano State. Speaking during the official flag-off of the sales of Kerosene at N50, Commercial Manager of AZMAN Oil and Gas, […]

Fidelity bank set to launch online marketplace for SMEs

Fidelity Bank Plc is set to  launch the GreenMall, an online market place with fully integrated e-commerce capabilities for online payment engine, delivery logistics, advertising boards and business networking opportunities for SMEs. This was disclosed by Aku Odinkemelu, Executive Director, South, Fidelity Bank Plc, at the bank’s South-East Regional SME Conference where he was the  […]

Customs Lifts Ban Rice Import Across Land Borders

The Nigeria Customs Service has ordered the immediate removal of rice from import restriction list and the re-introduction of import duty payment at land borders. Public relations officer of Customs, Mr Wale Adeniyi, on Wednesday said that all rice imports through land borders by rice traders would attract the prevailing import duty of 10 per […]

CPC to prosecute Benin, Enugu DISCOs for exploitative electricity billing

The consumer Protection Council (CPC) said it is set to commence prosecution procedure against Benin and Enugu Distribution Companies for violating its enabling Act in the on-going investigation of the activities of the country’s distribution companies (DISCOs). The CPC, in a statemnt, said it had to take this decision due to the non-appearance of the two […]

Consumers, Ikeja Disco Differ On Proposed Electricity Tariff Review

The management of Ikeja Electric (IE) and electricity consumers have disagreed on the proposed tariff review by the distribution company (DISCO). The DISCO, at a forum, sought the understanding of consumers on its proposed tariff review but consumers differed on the proposal. The chief executive officer of the company, Mr Abiodun Ajifowobaje, during a two-day […]

Firm Unveils New Drug to Tackle Heart Diseases

Sandoz, a global generics company that is a significant part of the Novartis group, has unveiled a new drug targeted at managing heart failure and controlling blood pressure. Novartris unveiled the ‘Candesartan Sandoz’ drug recently in Lagos, with the aim of allowing millions access affordable medications without compromising product quality at a much reduced cost. […]

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