Tuesday, September 01, 2020 With new service-reflective tariff, investor interest in power sector grows Weary investors are now renewing their interest in Nigeria’s beleaguered electricity sector as they count on the new service-reflective tariff regime kicking off today to breathe new life into the sector by vastly improving liquidity across the value chain…Read more. Multinationals…
DetailsMonday, August 31, 2020 Without subsidy, petrol price to reach N157.55 for September With a new month beginning Tuesday, the pump price for petrol for September could be set at around N157.55 per litre using the pricing template designed by the petroleum products pricing regulatory agency, PPPRA and adopting an FX rate of N387. As…
DetailsFriday, August 28, 2020 Logistics firms squeezed by multiple taxes in Lagos Logistics and courier firms say they are extorted by touts who claim to represent local council development areas (LCDAs) in Lagos State, alleging that this is squeezing an industry that is just beginning to gain an online traction. According to logistics players who…
DetailsThursday, August 27, 2020 To beat dollar crunch, Nigeria’s central bank eyes special OMO for foreigners Central Bank of Nigeria (CBN) is weighing the option of creating a special Open Market Operation (OMO) auction for foreign investors with the hope that it lures in badly-needed foreign exchange, according to two sources familiar with the matter.…
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