Author: Eberechi Constance

Wife of detained Binance executive writes Nigeria Government to release husband

  Wife of detained Binance executive writes Nigeria Government to release husband Yuki Gambaryan, Wife of the detained Binance Holdings Limited executive, Tigran Gambaryan, Binance’s head of financial crime compliance, has pleaded with the Nigerian government release her husband.   Mrs Gambaryan, in a letter to the Nigerian government on[Read More…]

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Fake’ Rivers PDP CTC list can’t stand – Fubara

‘Fake’ Rivers PDP CTC list can’t stand – Fubara Gov. Siminalayi Fubara of Rivers, on Thursday declared a  purported list of the  state’s Peoples Democratic Party (PDP) Caretaker Committee members , circulating in the media, as fake. Fubara disclosed this at  the inauguration of the Port Harcourt International Automobile Spare[Read More…]

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NERC says new tariff will reduce electricity subsidy by N1.14   Following the approval of new increased electricity tariff on Wednesday, the Nigerian Electricity Regulatory Commission (NERC) has said it is expected to reduce subsidy for the 2024 fiscal year by about N1.14 trillion.   In a statement on Wednesday,[Read More…]

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FG increases electricity tariff by more than 300%

FG increases electricity tariff by more than 300% The Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A classification. At a press briefing in Abuja on Wednesday, NERC’s Vice Chairman, Musliu Oseni, said the increase will see customers pay N225 kilowatt[Read More…]

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FG approves 300% hike in electricity tariff

FG approves 300% hike in electricity tariff   The federal government is set to increase energy rates by 300 per cent to reduce government spending since it can no longer afford the huge amount it pays to subsidise electricity yearly. According to a report by Bloomberg on Tuesday, electricity companies[Read More…]

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Bassirou Faye sworn in as Senegal president

Bassirou Faye sworn in as Senegal president Bassirou Diomaye Faye, a left-wing pan-Africanist, was sworn in Tuesday as Senegal’s youngest president after sweeping to a first-round victory on a pledge of radical reform 10 days after he was released from prison. The 44-year-old has never before held an elected office[Read More…]

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