Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook. Brent crude futures rose $1.02, or 1.2%, to $87.50 a barrel by 0924 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $1.36, or 1.6%, Read More…
Tag: price hike
Ikeja Electric increases price of prepaid meters by 19.6%
Ikeja Electricity Distribution Company (IE) has announced that the prices of meters sold to customers under the Meter Asset Provider (MAP)scheme has been reviewed upward effective June. 1. The DisCo, in a notice on its Twitter account on Thursday, said the review was in compliance with the directive of the Nigerian Electricity Regulatory Commission (NERC). It said Read More…