During a press briefing in Abuja on Wednesday, the Vice Chairman of NERC, Musliu Oseni, announced that there will be a rise in electricity tariffs. This adjustment will result in customers paying N225 per kilowatt-hour, up from the current rate of N66. 2. President Bola Tinubu, on Wednesday, signed the Student Loans Act Bill, 2024, into law. The development follows reviews of the report of the Committee on Tertiary Institutions and TETFund by both the Senate and the House of Representatives. 3.
. 5. The detained President of the Miyetti Allah Kautal Hore, Bello Bodejo, has told a Federal High Court, Abuja that he had no criminal record. Bodejo, who was arrested on the alleged raising of an armed militia in detriment of the nation’s unity, told Justice Inyang Ekwo in a motion for bail filed by his lawyer, Ahmed Raji, SAN, that he has “suffered from grave ill-health in custody. 6.
reports that the panel began its sitting at the judges' conference hall in Benin City. 7. Turnover at the foreign exchange market plunged to $166 million on Wednesday, 24 hours after hitting the historic $1 billion mark. Data from FMDQ showed that the turnover of FX transactions dropped significantly to $166 million on Wednesday from $1.085 billion the previous day. 8.
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