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NEWS

Labour, private sector protest as Discos hike tariff again

The Nigeria Labour Congress, Trade Union Congress, and Organised Private Sector, on Wednesday, faulted the latest hike in the electricity tariff payable by customers in the Band A Category. Following the depreciation of the naira against the United States dollar, and inflation, among other factors, the Nigerian Electricity Regulatory Commission again raised the tariff payable by Band A customers. On Wednesday, some distribution companies including Ibadan Electricity Distribution Company, Eko […]

todayJuly 4, 2024 25

BUSINESS

List of Nigerians who own private jets

Owning a private jet in Nigeria isn’t just for convenience, but also a display of wealth and affluence as many Nigerians ranging from politicians, to artists and also pastors have been known to acquire private jets. AMB Reports that on an average, the maintenance of a private jet costs about $500,000 to $1 million (approx. N290 million – N580 million) per year yet people still pay this huge sum. There […]

todayJanuary 29, 2024 67 3

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