06

Jul

Fidelity Bank, Afrexim Bank, AMCON to take over four Electricity Distribution Companies

The Nigerian Electricity Regulatory Commission (NERC) and the Bureau of Public Enterprises (BPE) has confirmed that Fidelity Bank and AFREXIM Bank, which collateralized the shares of Kano, Benin and Kaduna DisCos have appointed three-member boards. The Federal Government, which has 40 percent state in the DisCos, is represented in the new boards. The regulators also said that[…]

06

Jul

Dangote Cement to reward customers with N1bn in ‘Goodies Season Three’ promo

Dangote Cement has launched its Goodies Season Three promo, tagged ‘Spell Dangote and become a multi-millionaire’. The promo is expected to offer life-changing prizes to the loyal consumers. The promo runs from July 5 to October 31, has over 32.3 million prizes, including television sets, refrigerators, rechargeable fans, 2KVA generators, and airtime of major networks. Speaking at[…]