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Why I’m probing Adams Oshiomhole- Obaseki

Why I’m probing Adams Oshiomhole- Obaseki

Governor Godwin Obaseki of Edo State has explained why he ordered probe of the new five star Bénin Specialist hospital. The five star Bénin Specialist hospital was built during the administration of Governor Adams Oshiomhole and commissioned by President Mohammadu Buhari in November, 2016. It took several protests before the hospital was opened last year but operated through a consultancy ... Read More »

EKEDC To Commence New VAT Rate on Meters From February 1

EKEDC To Commence New VAT Rate on Meters From February 1

Eko Electricity Distribution Company has announced that from February 1, the prices of meters sold to customers under the Meter Asset Provider scheme will be reviewed to reflect the increase in Value Added Tax recently implemented by the Federal Government. This was disclosed in a statement signed by the EKEDC Corporate Communications General Manager, Godwin Idemudia . Idemudia stated this was ... Read More »

Buhari Marginalising South-west in Appointments, Gani Adams Alleges

Buhari Marginalising South-west in Appointments, Gani Adams Alleges

The Aare Ona Kakanfo of Yorubaland, Chief Gani Adams, yesterday alleged that the South-west was being marginalised by the President Muhammadu Buhari, in terms of appointments into public offices. Speaking yesterday in Ado Ekiti, Ekiti State during the 6th World Congress of the Oodua Progressives Union, Adams said: “Buhari’s government is tainted with nepotism. You have a situation whereby only ... Read More »

EFCC goes after ‘Baba Ijebu’ over alleged multi-billion naira tax fraud

EFCC goes after ‘Baba Ijebu’ over alleged multi-billion naira tax fraud

Kessington Adebutu, Nigeria’s gambling mogul whose business empire has enjoyed decades of patronage as a household name across the country, has become a new target of a vast corruption investigation by the Economic and Financial Crimes Commission. The multiple allegations of tax fraud and economic sabotage levelled against Mr Adebutu marked a remarkable tumble for one of the Nigerian bookies most ... Read More »

CRS: EKEDC commissions renovated Ikoyi passport office, opens customer service point

CRS: EKEDC commissions renovated Ikoyi passport office, opens customer service point

Eko Eko MD/CEO Engr Adeoye Fadeyibi and Passport Control Officer, Ikoyi Passport Office,  NIS, Manir Yari, during the commissioning of New Customer Service Point at Ikoyi Passport office  Eko Electricity Distribution Company (EKEDC) has commissioned the part of the complex it renovated at the Ikoyi Passport Office of the Nigerian Immigration Service (NIS). This came about after a courtesy visit ... Read More »

FMBN Seeks Stronger Partnership with States on Affordable Housing

FMBN Seeks Stronger Partnership with States on Affordable Housing

In a bid to deepen the impact of its affordable housing delivery programs to a greater number of Nigerian workers within the low and medium-income bracket nationwide, the Federal Mortgage Bank of Nigeria (FMBN) has solicited for a more robust collaboration with state governments. This includes stronger support and participation of states in the National Housing Fund (NHF) Scheme, provision ... Read More »

NLNG signs Sale and Purchase Agreement with  Eni

NLNG signs Sale and Purchase Agreement with Eni

The Nigeria Liquified Natural Gas Limited (NLNG) has signed a LNG Sale and Purchase Agreement (SPA) with ENI for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. NLNG disclosed this on Monday in a statement signed by Eyono Fatayi-Williams, its General Manager, External Relations, in Abuja. It said that the agreement was for the supply of ... Read More »

Adeduntan: Banking Sector Recapitalisation Will Support Economic Growth

Adeduntan: Banking Sector Recapitalisation Will Support Economic Growth

The Managing Director/Chief Executive Officer, FirstBank Nigeria Limited, Dr. Adesola Adeduntan, in this interview says the focus of the Central Bank of Nigeria in ensuring that the Nigerian banking industry sector remains strong will position the financial institutions to support the overall growth of the economy. The FirstBank boss also predicts that the economy will record stronger growth this year. ... Read More »

Fidelity Bank’s MD Flags Off ‘Give Them Wings’ Scheme For Nigerian Youths

Fidelity Bank’s MD Flags Off ‘Give Them Wings’ Scheme For Nigerian Youths

Managing Director of Fidelity Bank Plc, Mr Nnamdi Okonkwo, weekend in Lagos flagged off a strategic scheme tagged ‘Give them Wings’, saying the initiative is designed to empower Nigerian youth. Giving emphasis on the initiative on Saturday at Fidelity Bank appreciation party on the theme; ‘Give them Wings’; Okonkwo recalled that “In 32 years, Fidelity Bank has been going from ... Read More »

CIBN Lauds Ecobank On Capacity Building, Professionalism

CIBN Lauds Ecobank On Capacity Building, Professionalism

The Registrar and Chief Executive Officer, Chartered Institute of Bankers of Nigeria (CIBN), ‘Seye Awojobi has commended Ecobank Nigeria’s various initiatives targeted at building the capacity of its workforce. The Registrar made this disclosure while speaking at the graduation ceremony of Ecobank pioneer management trainees in Lagos. Awojobi, who was represented by Group Head, Membership Services, CIBN, Akin Morakinyo observed ... Read More »

Kwara Govt: Saraki Has No Legal Right to Disputed Ilorin Land

Kwara Govt: Saraki Has No Legal Right to Disputed Ilorin Land

The family of Second Republic Senate Leader, late Dr Olusola Saraki, has no legal right to the piece of land opposite his house in Ilorin, where he built his Ile Arugbo (old peoples home), so says a top official of the Kwara State government. The official, who preferred anonymity because he was not authorised to speak on the issue, agreed ... Read More »

Danger of graduates that don’t think beyond their certificates- By Gbenga Adebambo

Danger of graduates that don’t think beyond their certificates- By Gbenga Adebambo

“Education is what remains after one has forgotten everything he learned in school. It is a miracle that curiosity survives formal education” — Albert Einstein The greatest form of disability in life is not knowing your ability. Your winning edge in life is not the degree you have acquired or the certificate you possessed, but your ability to solve problems. ... Read More »

FirstBank wins best mobile banking App Award

FirstBank wins best mobile banking App Award

FIRST Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and “Fastest Growing Retail Bank” winner by Global Business Outlook. The Global Business Outlook Award recognises and rewards excellence in business in companies across the world, both in the public and private sectors. The award rewards innovation, creativity and the drive to create value. FirstBank earned the ... Read More »

Rail Project: Amaechi Delighted By Improved Pace of Work

Rail Project: Amaechi Delighted By Improved Pace of Work

The Minister of Transportation, Rotimi Ameachi, has revealed that there is a remarkable improvement achieved in Lagos-Ibadan standard gauge railway line as against when he last visited a week ago. To this end, informed that he is almost out of Lagos to focus on the next project starting from Ibadan-Kano. The minister disclosed this yesterday after an inspection tour with ... Read More »

EFCC Arraigns Adoke Over Malabu Oil Scam

EFCC Arraigns Adoke Over Malabu Oil Scam

 By:Owolola Adebola The Economic and Financial Crimes Commission, EFCC on January 23, 2020 arraigned Muhammed Bello Adoke, before Justice A.I. Kutigi of Federal Capital Territory High Court, Abuja. Adoke, a former attorney-general  of the federation and minister of Justice is facing an amended 42-count charge. He is being tried alongside Aliyu Abubakar, Mr. Rasky Gbinigie, Malabu Oil and Gas Ltd, Nigeria ... Read More »

PENCOM orders employers to submit Insurance Certificates of employees and benefits

PENCOM orders employers to submit Insurance Certificates of employees and benefits

The National Pension Commission (PenCom) has ordered all employers of labour covered by the Pension Reform Act 2014, to submit copies of the insurance certificates with the schedule of benefits of their employees to the commission. Section 4 sub-section 5 of the Pension Reform Act stipulates that all employers of labour should set up group life insurance policy for their ... Read More »

US Stops Issuance of Visa for Childbirth

US Stops Issuance of Visa for Childbirth

The United States yesterday said it would no longer issue visas to foreigners who want to give birth in the country. According to a statement released by the office of the press secretary, the rule will be effective from Friday (today). The White House press secretary, Ms Stephanie Grisham, said the rule change is necessary to enhance public safety and ... Read More »

FG Suspends Salaries of Tertiary Institutions’ Workers Not on IPPIS

FG Suspends Salaries of Tertiary Institutions’ Workers Not on IPPIS

The federal government has suspended the release of the funds for the payment of salaries of workers of tertiary institutions who have not enrolled on the Integrated Personnel and Payroll Information System (IPPIS) as their salaries will be paid on the IPPIS platform with effect from January. In a letter by the Director of IPPIS at the Office of the ... Read More »

FG to Borrow N2tn from N10tn Pension Fund

FG to Borrow N2tn from N10tn Pension Fund

The National Economic Council (NEC) thursday in Abuja announced the resolve of the federal government to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure. It also pronounced a national emergency on the power sector, noting that the federal government had pumped N1.7 trillion into the sector in the last three years with ... Read More »

Zulum has implemented N30,000 minimum wage in Borno-NLC

Zulum has implemented N30,000 minimum wage in Borno-NLC

BY INUSA NDAHI, MAIDUGURI The Nigeria Labour Congress, NLC on Friday confirmed that workers in Borno state have mostly received their salaries for January 2020 with a new N30,000 minimum wage of increase implemented by Governor Babagana Umara Zulum. Chairman of the NLC in Borno State, Comrade Bulama Abiso gave the confirmation in a message he personally conveyed to the ... Read More »