April 17, 2024/CSL Research On 3 April, the Nigerian Electricity Regulatory Commission (NERC) announced a rise in electricity tariffs for customers receiving a minimum of 20 hours of power daily. Specifically, the tariff for Band A customers surged from N68 per kilowatt-hour to N255/KWh. Earlier, in January 2024, NERC introduced […]
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IMF Forecasts Continued Decline in 2024 Inflation
April 16, 2024 By Kelechukwu Mgboji, with Agency Report Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) anticipates a further easing of inflation beyond initial expectations, though cautioning that the battle against inflation remains ongoing. Kristalina Georgieva, Managing Director of the IMF, speaking at the China Development Forum (CDF) 2024 hosted by […]
House Committee Urges SEC, FRC to Resolve Alleged Unremitted N45b Funds
April 16, 2024 By Kelechi Mgboji InvestAdvocate Lagos (INVESTADVOCATE)-The House of Representatives Public Accounts Committee has urged the Securities and Exchange Commission (SEC) and the Fiscal Responsibility Commission (FRC) to resolve their differences regarding the alleged non-remittance of over N45 billion to the Consolidated Revenue Fund. Chairman of the Committee, […]
