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Nigeria’s new electricity tariff regime begins in July

The scheduled increment of electricity tariff in Nigeria will begin from July this year according to the Minister of Power, Sale Mamman who has also noted that the COVID-19 outbreak has impacted plans to reposition Nigeria’s electricity market. Oti Ikomi, CEO and Executive Vice-Chairman of Proton Energy joins CNBC Africa for more.

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17 Feb 2021
A recent report by the Economist Intelligence Unit on the state of democratic freedoms has downgraded France to a "flawed democracy", as civil liberties in rich and poor countries alike come under attack amid Covid-19 restrictions. We discuss the delicate balancing act of protecting individual freedoms in the midst of a global health crisis with the report's author Joan Hoey, Europe Editor at the Economist Intelligence Unit. She says that although "nobody has put forward a convincing alternative to the policy of lockdowns and social distancing", checks and balances remain essential.
19 Feb 2021
The CEO of Robinhood, a Reddit influencer and Wall Street hedge fund managers have all faced a grilling from US lawmakers over the recent frenzy around GameStop. The House Financial Services Committee asked six key witnesses whether the extreme volatility in the shares last month, which rose almost 2,000 percent in a short space of time, exposed questionable market practices and potential conflicts of interest. But first, Renault booked a net loss of €8 billion for 2020 as global car sales dropped by more than a fifth, although the situation recovered strongly in the second half of the year.
29 Mar 2021
Rich countries need to share their Covid-19 vaccines evenly amongst the entire global population, or else the coronavirus will never go away. That's the message from the organisation The ONE, which campaigns to end extreme poverty and preventable disease. The NGO has created a series of films called "Pandemica" to highlight the argument that if Covid-19 is not tackled universally, it will continue to mutate and cross borders. We spoke to the deputy director of The ONE in France, Maé Kurkjian.
22 May 2021
The CEO of Apple took the stand to reject a lawsuit filed by Epic Games claiming the tech giant is abusing its position with its online marketplace and claiming outsized commissions.
3 Jun 2021
The Entertainment industry world over has taken the biggest hit since the world was forced to shut down because of the Covid-19 pandemic and Nigeria is not exempted. Estimated to worth over 2 Billion Dollars, GuardianTV takes an exclusive look at the massive impact it has on the Nigerian entertainment and event industry.
17 Jun 2021
People walk down Hollywood Boulevard in Los Angeles as California -- the first US state to enact a stay-at-home order just under 15 months ago -- celebrates its "reopening day" by lifting almost all pandemic-related social distancing and capacity limits. "It's not up to individual businesses and companies owners to decide if we wear it", regrets a Los Angeles resident reacting to mask mandate exceptions.
27 Jun 2021
A new report on terrorist activity in the EU has highlighted the threat of online propaganda during the pandemic. The research shows Islamist and far-right extremists have posed the greatest threat.
18 Jul 2021
Commissioner of Police Lagos command Hakeem Odumosu revealed that more suspects have been apprehended as more clues are being unraveled into the murder of SuperTV CEO, Usifo Ataga.
2 Aug 2021
Federal prosecutors in New York have said the Nikola founder and CEO "brazenly lied" to investors about the the company's green vehicles to inflate market value and drive up his earnings. The SEC has also filed charges.
7 Oct 2021
Google CEO Sundar Pichai announces that the tech giant will invest $1 billion over the next five years to allow for faster and more affordable internet access and support entrepreneurship in Africa. Internet reliability is a problem in Africa where less than a third of the continent's 1.3 billion people are connected to broadband, according to the World Bank. But the continent, where nearly half the population is under 18, is a promising market.
19 Oct 2021
Amnesty said that many governments had used the pandemic as an opportunity to further restrict freedom of expression. It also cited the role of social media in the spread of misinformation.
24 Oct 2021
The head of the Fairtrade Foundation says consumers, businesses and governments need a ‘reality check’ on the situation facing farmers in developing countries. CEO Michael Gidney speaks to FRANCE 24 ahead of the COP26 climate conference, where Fairtrade will be bringing a pledge for businesses. In this pledge, companies will promise to invest in more sustainable supply chains and provide guaranteed prices to farmers.