Justice Professor C.A.Obiozor of the Federal High Court sitting in Benin City on Tuesday, February 8, 2022, convicted and sentenced one Moshood Kazeem to three years imprisonment for fraud. Kazeem was arraigned on one count charge by the Benin Zonal Command of…
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official Investors and Exporters (I&E) window. Naira weakened further against the US dollar on Tuesday with a 0.04% fall to close at N416.67/$1 compared to…
The Financial Services Innovators, in collaboration with the Federal University of Technology, Minna, is set to host a hackathon to foster innovation and promote the development of inclusive financial solutions in the northern part of Nigeria. The FSI and FUTMINNA…
Customers of Fidelity Bank are in for a treat this Valentine as the Bank has announced plans to host a delightful evening of music, fun games and delightful experiences for its customers. Tagged The Euphoria and scheduled for Saturday, 19…
The Managing Director/Chief Executive Officer, NOVA Merchant Bank, Mr Nath Ude, says FMDQ Securities Exchange Ltd., has approved the registration the bank’s N50 billion Commercial Paper (CP) Programme on its platform. This is contained in a statement by FMDQ Securities…
…As Pension Reform Bill, five others scale second reading The Senate on Wednesday considered a bill seeking to bring respite to distressed Nigerian retirees. The bill which passed second reading was tagged: “Pension Reform Act 2014 (Amendment), 2022.” The bill…
Specialist digital life insurance company, Heirs Life Assurance (HLA) has rolled out an awareness campaign for its pension-regulated Annuity Plan, promising retirees a steady income for as long as they live. The premise of the plan is for people to…
Controversies over electricity tariff have been a bane in the power sector since the privatisation of the distribution companies DisCos took effect in 2013. Issues revolving around arguments of the determination of billings, as charges for electricity consumed, have been…
The Independent Petroleum Marketers Association of Nigeria, IPMAN, is engaging the services of the Association of Distributors and Transporters of Petroleum Products, ADITOP, to maintain sanity in the downstream sector of the oil and gas industry. IPMAN President Elder Chinedu…
The Federal Government said it will provide about 203KM high voltage transmission lines and six high voltage substations in selected communities in Ogun and Lagos States. The project will be facilitated with a $200 million loan which the Federal Government…
