List of Locations in Ogun Where Residents Enjoy 20 Hours of Electricity Per Day

Olumo Rock in Abeokuta Ogun State Nigeria

In Ogun State, power consumers on the FUNAAB 33kv feeder, Ijebu Ode 33kv feeder, and Sango 33kv feeder are among those who are on Band A, who enjoy a minimum of 20 hours eccentricity per day. This clarification followed the announcement by the Nigerian Electricity Regulatory Commission (NERC) to hike electricity tariffs on Wednesday, April 3, … Read more

List of Locations in Kwara Where Residents Enjoy 20 Hours of Electricity Per Day

Ilorin-Kwara-State-Capital

Electricity consumers that are on Incomer T2B 33kv feeder, Baboko, Ilorin West of Kwara State and UNILORIN 33kv feeder are under Band A, they enjoy at least 20 hours of power supply per day, according to the latest analysis by the Nigerian Electricity Regulatory Commission (NERC). The analysis becomes imperative following the hike in electricity tariff … Read more

List of Band A Areas in Oyo State Where They Enjoy 20 Hours of Power Supply

Ibadan Oyo State Nigeria

Ibadan Electricity Distribution (IBEDC) like other electricity distribution companies in Nigeria is designed to not deliver the same efficiency to their customers. Some customers are on Band A feeders and enjoy a minimum of 20 hours of electricity power day, which the Nigerian Electricity Regulatory Commission (NERC) says constitute less than 15% of electricity consumers … Read more

General Liability Insurance: Definition and How It Works?

General liability insurance is a type of business insurance that is designed to protect businesses from costs incurred during normal business operations. Also called business liability insurance, it is a type of business insurance policy that offers coverage to an organization for bodily injury, personal injury, as well as property damage that happened while the business … Read more

5 Types of Band Classifications in Nigeria’s Power Sector (A, B, C, D, and E)

Classification of Power Supply Service Band in Nigeria: A, B, C, D, and D

Electricity consumers are under five types of classifications across power distribution companies in Nigeria. Consumers on Band A enjoy at least 20 hours of power supply per day while locations in Band E have a minimum of four hours of electricity per day. That’s why people in Ikeja GRA may enjoy 20 hours of power … Read more

CBN Revokes Operational Licenses of 4,173 BDCs

Olayemi Cardoso of CBN

The Central Bank  of Nigeria (CBN) has revoked the operational licensed of 4,173 Bureau de Change (BDC) operators in the country as the cleansing of the FX market continues under Yemi Cardoso. There are over five thousand foreign exchange traders in Nigeria. In a press release Friday signed by Acting Director of Corporate Communications, Mrs. … Read more

40 Ridiculous Business Names Used By BDC Operators in Nigeria

Some of the licensed Bureau De Change (BDC) operators in Nigeria use unbelievable and ridiculous names to obtain operating licenses from Nigeria’s apex bank, a list on the website of the Central Bank of Nigeria has revealed. Among the funny business names used by the operators include Deadlist BDC LTD, Ephesians-three-twenty BDC LTD, and Deep … Read more

Oronsaye Report: List of Affected Agencies and Commissions If The Recommendations Are Fully Implemented

senate_national_assembly_nigeria

Highlight of the Oronsaye report and recommendations The Federal Executive Council (FEC) led by President Bola Tinubu on Monday, February 26, 2024, directed that the recommendations of the Steve Oronsaye panel on the restructuring and rationalization of Federal agencies, parastatals and commissions should be fully implemented. The panel was set up by the administration of … Read more