By Mike Adebayo, Ado-Ekiti An entrepreneur and politician, Mr Akinlayo Kolawole has protested the destruction of his gas plant located along new Iyin Road in Ado-Ekiti, by Ekiti State government. The fence of the gas plant was pulled down on…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange (I & E FX) window depreciated by 0.06 per cent to close at N411.75 on Wednesday. The local currency also lost by 0.20 per cent against the pound sterling close…
By Kayode Tokede Analysts at CSL Research said the Central Bank of Nigeria (CBN) court order that freezes accounts of six online investment firms represents counter-productive economy. A federal high court in Abuja on Tuesday ordered the freezing of the…
By Kayode Tokede Seeking best-in-class ways to safeguard the resources of our customers, Access Bank Plc introduced the *901*911# Unstructured Supplementary Service Data (USSD) code, a solution that allows customers act swiftly to prevent fraudulent activities on their accounts. The…
By Kayode Tokede The Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber attack. This was contained in a memo by Nkiru Asiegbu, CBN’s Director, Other Financial Institutions Supervision Department, addressed…
By Moses Adeniyi The Lagos State Government (LASG) has constituted a special team to launch enforcement operations aimed at sweeping beggars off the streets of the State’s metropolis. It has been observed that Lagos metropolis has, most recently, been littered…
The Economic and Financial Crimes Commission (EFCC), Kano Zonal Command on Wednesday arraigned Ebonine Rita Uzoamaka, before Justice Maryam Sabo of the Kano State High Court sitting in Milla Road Bompai, Kano for alleged fraud. The petitioner, Ochayi Anthony Eneche,…
The Economic and Financial Crimes Commission (EFCC), Abuja Zonal Command, today Wednesday, August 18, 2021 arraigned Princess Carol Ngozi alongside her company, Carolina Luxury Homes, before Justice Hamza Muázu of the High Court of the Federal Capital Territory, Maitama, Abuja…
…As NNPC signs 50MW power project in Maiduguri The Federal Government has embarked on deepening domestic gas utilization efforts by sustaining gas supply initiatives to the power sector. The Federal Government aimed to sustain this through the Nigerian National Petroleum…
The Minister of state for Power, Mr. Jeddy -Agba said that federal government would need an excess of $400 billion between before 2050 to provide power supply for over 25 million Nigerian homes. The Minister made this disclosure, during a…
