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8m households to pay more for prepaid meters as NERC deregulates sector

About eight million Nigerians currently being billed arbitrarily by distribution companies (DisCos) may eventually get metered but at a higher price as the Nigerian Electricity Regulatory Commission (NERC) yesterday halted price control of the asset.

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EFCC gets nod to freeze 1,146 bank accounts over FX crisis

A Federal High Court, Abuja has granted an interim order sought by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1,146 bank accounts belonging to individuals and companies over allegations bordering on unauthorised dealing in foreign exchange, among others.

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