Over 600 complaints have been recorded against Ikeja Electricity Distribution Company at the electricity consumer complaints resolution platform. This includes arbitrary billing, unauthorised disconnection, customer abuse, disregard to capping, transformer issue, reports The Nation. The event, organised by Federal Competition and Consumer Prot...
•Tinubu and Al Thani President Bola Tinubu has re-echoed his government’s resolve to fight corruption and create a good business environment, urging Qatari investors to report any Nigerian government official who asks for bribe. Tinubu said this at the Nigeria-Qatar Business and Investment Forum in Doha, yesterday, promising that his governmen...
U.S. Consul General, Will Stevens’ has stated that 80 U.S. companies operating in Nigeria collectively pay billions of naira in taxes, create thousands of direct and indirect jobs, and directly support various socioeconomic programmes that improve the lives of Nigerians. Stevens, who made the declarations in his keynote address theme: ‘The Ro...
•Applicants for NIN Over 70 million bank customers are at risk of losing access to their accounts when the Central Bank of Nigeria’s directive on restricting accounts without Bank Verification Numbers and National Identification Numbers goes into effect. The CBN had on December 1, 2023, in a circular directed that a ‘Post no Debit’ restriction...
•CBN Governor Cardoso The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions. This was disclosed in a statement yesterday by the bank’s Acting Director, Corporate Communications, Sidi Ali Hakama. According to the apex bank, ...
•Gas cylinders The federal government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across the country. Nigeria is currently suffering from low power supply because many gas suppliers have reduced, while others stopped supplying the commodity to power-generating companies due...
The Central Bank of Nigeria (CBN) has released a list of eligible Bureaux De Change (BDCs) operators. The CBN said all eligible BDCs must adhere to strict guidelines regarding the sale of foreign exchange to end-users, reports The Nation. Currently, the number of BDCs stands at 5,690, according to data from the CBN. It directed […]
•Governor Alex Otti Governor Alex Otti of Abia State has explained that a number of things contributed to the delay of the 181-megawatt geometric power plant in the Aba area of the state. “This is a project that was started in 2004” during the administration of Governor Orji Uzor Kalu, Otti of the Labour Party […]
•An Airbus A-320 of the Lufthansa airline Lufthansa German Airlines, KLM, Egypt Air, Ethiopian Airlines, British Airways, Royal Air Maroc, RwandAir, and Turkish Airlines have all released all categories of low inventory tickets, following the intervention of the Nigeria Civil Aviation Authority, (NCAA). This followed the instruction by the Nig...
•Atiku With the coming on stream of the 188mw Geometric Power Plant in Aba, Abia State, former Vice President Atiku Abubakar has stressed the need for the government to open up the entire power sector from generation to transmission for private investments. In a statement he issued today to commend those behind the power project, […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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