Tariff hike: 20 hrs supply for Band A customers under threat

Barely one week after the new tariff regime which increased electricity tariff by 231 per cent for category A consumers, there are indications that the electricity supply capacity is grossly inadequate to meet the 20 hours per day minimum benchmark for the new tariff while accommodating another category of consumers. The 11 Electricity Distribution Companies, DisCos, […]

Lagos To London: Air Peace Flight Fare Sparks Price War

Foreign airlines have further slashed airfares on the Lagos-London route to compete with Air Peace, which recently commenced flight operations on the route. Air Peace started direct flights from Lagos to London on March 30, pegging its price for a round-trip economy ticket at N1.2m on a route that foreign airlines had charged as much […]

Here are countries with cheapest electricity tariff in West Africa

Despite the recent electricity tariff hike from N66 per kilowatt-hour (kWh) to N225/kWh, Nigeria still stands among the countries with the cheapest electricity tariff in West Africa. On April 3, 2024, the Nigerian Electricity Regulatory Commission (NERC) announced an increase in the tariff payable by electricity customers under the Band A category (homes that enjoy up to […]

Ways to maintain eye health with screens

When we use digital devices such as phones, tablets, and computers, we are exposed to blue light. Blue light is part of the visible light spectrum and has shorter wavelengths. While exposure to natural sunlight during the day can boost mood and alertness, excessive exposure to blue light from screens in the evening can disrupt […]

Sanwo-Olu dreams ends of economic challenges in Lagos

Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged Lagos residents, particularly Christians and Muslims, to continue to live in love and peace, just as they demonstrated during the Lenten and Ramadan seasons. The Governor assured that his administration will continue to do everything that has made Lagosians proud of his government in the areas of […]

Nigeria, four others record fastest rise in food inflation – World Bank

Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the sub-Saharan African (SSA) countries that recorded the fastest rise in food inflation in February this year, according to a new report by the World Bank. The latest edition of the Africa Pulse report, a biannual survey of African economies, said food inflation and the weakening of […]

Technical glitches hindering 20-hour power supply – DisCos

Some electricity distribution companies have continued to blame technical faults and other challenges for their inability to supply 20-hour power to customers on Band A feeders. The DisCos on their various social media platforms had appealed to the customers in Band A, seeking their understanding for their failure to meet up with the required minimum […]

Petrol: Oil marketers propose N550/litre price to Dangote

AS the Nigerian National Petroleum Company, NNPC Limited, moves to end petrol scarcity in Lagos and its environs, Dangote Refinery and oil marketers have intensified efforts at taking final decisions on pricing and delivery of petrol to filling stations nationwide. Dangote Refinery, which can refine 650,000 barrels per day, bpd of crude oil, intends to commence production […]

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