In response to several complaints raised by customers against the electricity distribution companies, the FCCPC has declared that customers should be refunded.
Economy
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Traders lament as demand for rice remains low, even as prices crash by N22,000 again
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FG waives N97 billion import duties on rice, others, predicts 18% price drop by year-end
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Elitist no more, caviar is turning casual
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Nigeria’s non-oil exports reach $1.7 billion, as FG releases list of top commodities
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Dead salmon create election stink on Australian island
Shakira concerts give multimillion-dollar boost to Mexico
Shakira fans flocking to see the Colombian star in concert are generating tens of millions of dollars for Mexico, according to the local chamber of commerce, underscoring the economic signicifance of major musical events.
Trump to impose sharp tariff on countries buying Venezuelan oil
US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty. These could hit China and India, with experts noting that Venezuela exports oil to both those countries, as well as the United States and Spain.
Genetic testing firm 23andMe files for bankruptcy
Genetic testing firm 23andMe files for bankruptcy
UK targets spending cuts to mend public finances
Britain's Labour government will deliver a highly anticipated fiscal update on Wednesday, with finance minister Rachel Reeves expected to detail billions of pounds of spending cuts to address the country's struggling economy.
SEC declares war on rule violators in capital market, vows to hunt down unscrupulous element
The SEC DG said that the year 2025 will feature more license revocations and suspensions of non-compliant operators, and explained how the regulator will achieve it.
Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue
Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. That figure eclipsed the $97.7 billion in revenue last year announced previously by Tesla.
Greenland PM denounces US 'foreign interference' ahead of visit
Greenland's prime minister, Mute Egede, accused Washington on Monday of interfering in its political affairs by sending a US delegation to the Danish territory, which is coveted by US President Donald Trump. - Coveted region - With no officials to welcome the US delegation, "they will be pushing this point that ok, nobody's in control here, there's a need for us to step in", Pram Gad said.
Lagos state set to redesign Oshodi Transport Interchange, lists new features to be integrated
The planned redesign of the Oshodi Transport Interchange will serve dual purposes - address operational challenges, integrate rail facilities for enhanced commuting.
After Arik Air, another airline announces date to commence flights from Lagos to Jos
The airline had previously launched the Lagos to Jos flight operations in October 2022, and direct flights from Jos to Abuja in February 2023, but had to stop.
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