18 states fail to attract foreign investment in 3 years (+FULL LIST)

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Data released by the National Bureau of Statistics (NBS) revealed that 18 out of the 36 states in the country failed to attract foreign investment in the last three years (2021 – 2023).  NBS listed the states as follows : 1. Bauchi 2. Bayelsa 3. Benue 4. Borno 5. Cross River 6. Ebonyi 7. Edo … Read more

New electricity tariff: See FULL LIST of 481 Band A areas in Nigeria

Aedc Electricity Tariff Hike

The Nigerian Electricity Regulatory Commission, NERC, has approved 481 Band A areas for the purpose of implementing the new tariff. Documents obtained from the regulator indicated that the Abuja Electricity Distribution Company, AEDC, emerged the highest with 107. Yola Electricity Distribution Company, YEDC, has 15, apparently the least. A breakdown indicated that the Ikeja Electricity … Read more