The Port Harcourt Electricity Distribution Plc (PHED) has increased the prices of prepaid metres for the second time in as much as three months. Converseer reports that the increment is coming in after electricity Distribution Companies (DisCos) increased the prices of their prepaid metres despite the incessant collapse of the national grid. The PHED announced…
Berlin, Germany — German companies operating in the United States are showing caution when it comes to new investments amid uncertainty surrounding the upcoming US presidential election, according to a survey by the German Chamber of Industry and Commerce (DIHK) published today. The DIHK survey indicates that businesses are adopting a wait-and-see approach, hoping for…
Global financial service provider Perfect Money has announced that it will temporarily halt services for customers in Nigeria, citing regulatory complexities in the region. The company informed its Nigerian customers that accounts registered in the country will be closed on December 1, 2024, with a phased service restriction process starting today. Starting immediately, all Perfect…
Port Harcourt, Rivers State — The Foundation for Partnership Initiatives in the Niger Delta (PIND), in partnership with the Tax Justice and Governance Platform, successfully held a landmark event addressing the challenges that multiple taxation and illegal levies impose on small businesses in the Niger Delta. Hosted on October 24, the convening drew together representatives…
By Frank Ulom LAGOS (CONVERSEER) – The Dangote Refinery has responded strongly to recent claims by the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) regarding the cost of Premium Motor Spirit (PMS), commonly known as petrol, in the Nigerian market. According to a statement from…
