August 2021

NNPC Limited to kick off in six months – Sylva

The Nigerian National Petroleum Corporation (NNPC) will become a commercial company within six months, the Minister of State for Petroleum Resources, Timipre Sylva said, on Tuesday. This follows the signing of the Petroleum Industry Bill (PIB) into law by President…

UBA board approves H1 2021 interim dividend

The management of United Bank for Africa (UBA) Plc on Monday announced the approval of interim dividend for half year ended June 30, 2021 audited result and accounts. The Group Company Secretary, UBA, Bili Odum in a statement on the…

RMAFC allocates more resources to states, LGAs —Ortom

By Titus Atondu, Makurdi Benue State Governor, Samuel Ortom has called on Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) to allocate more funds to states and local governments from the Federation’s Account. Ortom made the call yesterday at Government  House…

NITDA slams N10m fine on Soko loan for privacy invasion

The National Information Technology Development Agency (NITDA) has slammed a fine of N10million on an online lending platform, Soko Lending Company Limited (Soko Loans), for privacy invasion. In a press statement issued by the agency’s Head, Corporate Affairs and External…