The Niger Delta Power Holding Company Limited (NDPHC) has executed over 374 projects in the distribution subsector of the Nigerian Electricity Supply Industry (NESI) to improve power supply across the country, a statement by the NDPHC Managing Director/CEO, Mr. Chiedu…
…Meets with Obasanjo in closed door By Bankole Taiwo, Abeokuta Ogun state governor, Dapo Abiodun has beckoned on Nigerians to endure the pains of subsidy removal. Recall that the Federal Government had announced an end to the payment of subsidies on…
Electronic transfer levies have generated N80.86billlion for the three tiers of government in the first six months of 2023. This is according to data obtained from the Federation Account Allocation Committee communique for January to June 2023. It also followed…
The Nigeria Social Insurance Trust Fund (NSITF) announced over the weekend its financial report, revealing total contributions of N257.6 billion from various organizations between July 2011 to June 2023. During this period, the Fund registered 142,510 employers. NSITF’s Managing Director, Maureen Allagoa,…
AG DG, Pencom Pan-African credit rating agency, Agusto & Co, Mrs. Aisha Dahir-Umar has projected that Nigeria’s total pension assets will rise to N19 trillion by the end of 2024. This is contained in a report titled, “The Nigerian Pension…
Financial services, FBN Holdings Plc, has said it will raise fresh capital subject to the approval of shareholders at the group’s annual general meeting scheduled for next month. This was contained in the group’s notice of its 11th annual general…
By Bankole Taiwo, Abeokuta Unknown gunmen have abducted the immediate past Provost of the Federal College of Education (FCE), Osile, Abeokuta, Ogun State, Dr. Ayodele Adetayo Ajayi. Our correspondent gathered that, Ajayi was abducted alongside his wife and driver, around…
By Seun Ibiyemi The Nigerian Ports Authority (NPA) has raised alarm on increasing extortion along the access roads of the Lagos and Tin Can Island Port Complexes. Mr Mohammed Bello-Koko, Managing Director, NPA, said this in a statement in Lagos…
The Lagos Chamber of Commerce and Industry (LCCI) has called for sound regulations, policies, and governance to enable digital economy to create new possibilities and economic opportunities for businesses and investors. LCCI President, Dr Michael Olawale-Cole, said this at the…
By Philemon Adedeji Following the emergency meeting of the Board of Directors on Tuesday, 25 July 2023, Nigerian Exchange Group Plc (“NGX Group” or “The Company”) yesterday announces an interim dividend of 25 kobo per ordinary share of 50 kobo…
