Day: February 12, 2024

Hardship: Students now trade property to survive

The woes of hunger, triggered by the increasing cost of living, have stretched their claws to the lives of students in tertiary institutions. Gone are the days when undergraduates return to class with cash and other home appliances depicting their high standard of living. Today many parents or guardians can no longer afford a standard […]

Higher prices loom as businesses rely more on loans to survive

Nigerians will soon experience another wave of increases in the prices of goods by major manufacturers as most of them now depend more on loans to fund their operations, resulting in higher interest payments and increased cost of production. Financial Vanguard investigations show that due to scarcity of foreign exchange, general cash flow challenges and […]

‘High fuel price contributes to food insecurity’

Minister of Budget and National Planning, Atiku Bagudu, yesterday, highlighted that challenges facing agriculture go beyond insecurity to include high cost of fuel. During a session with the Senate Committees on Finance, Appropriation, Banking, Insurance and other Financial Institutions, warned of five councils where 70 per cent of their assigned land might not be cultivated […]

Why Nigerian government should regulate social media – Fayose

Former Governor of Ekiti State, Ayodele Fayose has called on the Nigerian government to regulate usage of social media due to level of abuse. Fayose, in a tweet on Sunday said “the truth we must all face is that we can’t keep operating an unregulated Social Media.” He said usage must be regulated in line […]

Discos overbilled 7.1million customers in nine months – FG

Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance with the Order on Capping of Estimated Billing to Unmetered Customers, issued to the 11 Discos by the Nigerian Electricity Regulatory Commission, […]

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