Consumertrics

DisCos cannot disconnect customers owing electricity bills, except … (READ)

Education /

Power distribution companies (DisCo) in Nigeria have specific obligations to every consumer before disconnecting supply. These obligations are:   A DisCo must write to a customer 10 days before disconnecting from power supply It is illegal for any official working for a DisCo to barge into a customer’s premises even if he has outstanding debt […]

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Nigeria’s foreign reserves plummets to $376,655.09

Finance /

Nigeria’s foreign reserves has plummeted from $35.37m, as at May, to $376,655.09 at the end of June. This is happening amid limited crude exports, biting fuel subsidies, piling debt and a struggling economy. The balance of the foreign reserve was released by the accountant-general of the federation. Nigeria, typically Africa’s largest oil exporter, has struggled

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Italy launches Samsung probe

ICT/Telecom /

Italy’s competition and market authority launched an investigation into a local unit of South Korean vendor Samsung Electronics and two other companies over alleged misleading and aggressive commercial practices. In a statement, regulator AGCM explained it was looking into deals the companies offered customers seeking new mobile phones while selling their used devices. The regulator

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Orange makes move to enter Nigeria’s telecom market

ICT/Telecom /

Orange Group, a French telecom network provider, has begun talks with the Nigerian Communication Commission (NCC) on its planned entry into the country’s market. The service provider is reputedly the biggest in France. Its proposed offering to the Nigeria’s mobile consumers span mobile, data, fixed and financial technology support services. Mrs. Victoria Adefala, led five

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