Francis Abel 
The Nigerian Electricity Regulatory Commission (NERC) has ordered all distribution companies (DisCos) to automatically downgrade any Band A feeder that does not enjoy the minimum requirement of 20 hours per day power supply for seven consecutive days. This order formed part of the Service Delivery Commitments for every DisCo in line with the Supplementary Order … Read more
The Naira gained at the official market as it traded at N1,255.07 to a dollar on Thursday. Data from the official trading platform of the FMDQ revealed that the Naira gained N7.78. This represents a 0.62 per cent appreciation when compared to the previous day’s trading on Wednesday, exchanging at N1,262.85 to a dollar. READ … Read more
Abuja Electricity Distribution Company (AEDC) has informed its customers of one of the ways to identify their tariff band classification. PlatinumPost reports that the Nigerian Electricity Regulatory Commission, on Wednesday, approved an increase in the electricity tariff for customers under the Band A classification who enjoy 20 hours of daily electricity supply. But responding to … Read more
The Edo Refinery has confirmed receipt of a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and its co-venturer, Millenium Oil & Gas Company Limited. The Chief Executive Officer of Decklar Resources, Sanmi Famuyide who disclosed this in a statement, noted that … Read more
The quest for the perfect vehicle is a significant milestone, marked by a multitude of choices and considerations. Whether you’re a first-time car buyer or a seasoned driver looking for an upgrade, the decision-making process can be both exciting and daunting. In this blog post, we will explore a comprehensive guide on how to choose … Read more
The naira began the new month on a positive note, rising to N1,278.58 against the US dollar from N1,309.39 per dollar last Thursday. This is an increase of N30.81 at the end of trading activity. According to FMDQ Securities statistics, the Nigerian Autonomous Foreign Exchange Market’s indicative exchange rate has fallen below the N1,300 ceiling … Read more
The Dangote Petroleum Refinery, which processes 650,000 barrels per day, has set a minimum of one million litres of Automotive Gas Oil (AGO) diesel per marketer as it’s sales begin today. The Independent Petroleum Marketers Association of Nigeria (IPMAN) National President, Alhaji Abubakar Maigandi, revealed this on Tuesday. He said: “The least volume a marketer … Read more
As the seasons change, so does the wildlife landscape. Driving during dawn or dusk, especially in areas near forests or rural regions, poses the risk of encountering deer on the road. Collisions with deer can lead to significant damage to your vehicle and, in some cases, cause injuries. In this blog post, we’ll explore the … Read more
The landscape of auto insurance is undergoing a transformative shift, and one of the key innovations driving this change is Usage-Based Insurance (UBI). UBI leverages cutting-edge technology to personalize insurance premiums based on individual driving behavior, revolutionizing the traditional approach to auto insurance. In this blog post, we will explore what Usage-Based Insurance is, how … Read more
Accidents are an unfortunate reality of driving, and when they happen, knowing how to navigate the car insurance claim process is crucial. Filing a car insurance claim can be a complex endeavor, but with the right knowledge and preparation, you can streamline the process and ensure a smoother road to recovery. In this blog post, … Read more