NewsDirect

NewsDirect

NSCDC arrest 40 suspects in Edo

The Nigerian Security and Civil Defence Corps (NSCDC), have arrested at least 40 crime suspects in Edo this year. Its Commandant in the state, Mr George Edem, told a news conference on Monday in Benin that those arrested were suspected…

Naira trades flat at I & E FX window

By Kayode Tokede Naira at Investors & Exporters Foreign Exchange ( I & E FX) window traded flat at N410.00 against the Dollar on Monday The Naira lost by 0.05per cent and 0.14per cent the Euro and Pound Sterling closing…

MfBs record 82% growth in lending – NBS

By Kayode Tokede The National Bureau of Statistics (NBS) has disclosed that Microfinance Banks (MfBs) recorded an 82per cent boost in lending rising from N300.2 billion in 2019 to N546.6 billion in 2020. As of 2018 total microfinance loans to the…

Ganduje appoints new Perm Sec, redeploys 4

Kano State governor, Abdullahi Ganduje has approved the appointment of Hajiya Amina Muhammad as Permanent Secretary, Ministry of Housing and Transport. The appointment was announced in a statement issued to journalists on Monday in Kano by the Chief Press Secretary…

NERC mulls extraordinary tariff review for 11 DisCos

The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos). NERC, which is the regulator of Nigeria’s power sector, made this known on Monday in a notice to…