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Consumer Credit Falls By 1.3%
The Central Bank of Nigeria has disclosed that consumer credit fell Month-on-Month by 1.3 per cent. This, according to the bank, is a drop to N2.37 trillion in October 2022 from N2.4 trillion in September 2022. CBN disclosed this in its October 2022 Economic Report, noting that the development in consumer credit was a result…
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NERC: 62.63% Of Electricity Consumers On Estimated Billing
The Nigerian Electricity Regulatory Commission has announced that 62.63 percent of electric customers in Nigeria were under the estimated billing package as of September 2020. The Commission disclosed this in its 2019 to the third quarter, 2020 Nigerian Electricity Supply Industry (NESI) Key Financial and Operational Data. NERC said that metering for customers has been…