Month June 2024

NERC issues Imo approval to regulate electricity

In line with the Electricity Act 2023, the Nigerian Electricity Regulatory Commission, NERC, issued an order transferring regulatory oversight of the electricity market in Imo to the Imo State Electricity Regulatory Commission. This was contained in a recent order signed…

NDLEA intercepts N7.3bn codeine consignment in Lagos

The National Drug Law Enforcement Agency, (NDLEA), on Sunday said it intercepted 6,125 cartons of codeine syrup worth N7.3 billion in Rivers. This is contained in a statement signed by NDLEA’s Director, Media and Advocacy, Mr Femi Babafemi on Sunday…

SWAN,NDLEA sensitise athletes on dangers of drug abuse

Sports Writers Association Of Nigeria (SWAN), Ondo State chapter and the National Drug Law Enforcement Agency (NDLEA) have organised a comprehensive sensitisation programme to combat drug abuse among athletes, fans and the public. The event, held at the indoor Sports…

CBN orders banks to deposit all excess FX

The Central Bank of Nigeria has directed all Deposit Money Banks to deposit their excess foreign currency notes with its branches in Lagos and Abuja. The apex bank disclosed this in a fresh circular on Friday signed by Solaja Mohammed…