The cost of a single-phase electricity meter has risen to over N130,000 from N88,000 in the first quarter of this year. This is the second time the Nigerian Electricity Regulatory Commission (NERC) would approve an increase in the prices of prepaid meters. According to Sunday PUNCH, the price of a single-phase meter ranged from N130,000 to N139,000, while a three-phase …

The Nigerian Power Consumers Forum (NPCF) has condemned the spate of disturbances on the national electricity grid and the recent fire incidents around power transmission infrastructure. In a statement, NPCF’s Convener, Michael Okoh, raised the concern in Abuja on Thursday. This was coming a few days after the Transmission Company of Nigeria (TCN) stated that for over 400 days, the …

TGI Group has said that Terra Seasoning Cube has continued to captivate its ever-expanding consumer base with its resolute consistency in pricing, defying the challenges posed by current inflationary trends and the escalating costs of foodstuff. According to the company, in a world where market fluctuations and inflation have become the new normal, leaving many measures like compromising on quality …

Consumers of goods and services and companies paid about N1.18 trillion as taxes to the government in the first quarter of 2023, according to the latest reports by the National Bureau of Statistics. This represents a slight increase from the N1.14 trillion that was raised in Q1 2022. The N1.18 trillion was raised from Value Added Tax (VAT) and Company …

The Nigerian Communications Commission (NCC) has cautioned members of the public on the fraudulent activities of those it described as loan sharks. This is as the commission said it had received more than 20,000 complaints from those who have fallen victim to the sharp practices of online fraudsters. The commission’s Head of Consumers Affairs Bureau, Mr. Ayanbanji Ojo, made the …