By Kayode Tokede The Central Bank of Nigeria has disclosed that Deposit Money Banks (DMBs) and merchant bank through the Standing Deposit Facility (SDF) average deposit dropped by N21.87billion in 2020. The economy half-year activity report of the apex bank…
By Ayo Fadimu Operatives of the Abuja Zonal Office of the Economic and Financial Crimes Commission, EFCC, have uncovered yet another underworld ‘academy’ for the grooming of internet fraudsters. The ‘academy’ located in Arab Contractors Area of Mpape Hills, a…
The trial of a former Special Adviser to the Kwara State Governor on Millennium Development Goals, MDGs, Alhaji Ope Saraki continued on Thursday February 18, 2021 at the Kwara State High Court, Ilorin with the cross-examination of the second prosecution…
By Eunice Odigie, Benin City A High Court siting in Benin City, Edo State Capital yesterday declined hearing into a case of alleged defamation of character insitituted by former Edo State All Progressive Party Gubernatorial candidate, Pastor Osagie Ize- Iyamu…
By Tobi Adetunji A Magistrate Court in Ota, Ogun State has sentenced a 22-year-old man, Sunday Ifaniyi, for damaging a house window, to four days community service. The convict will carry out the punishment at the Sango-Ota Police area Command.…
The Nigerian Electricity Regulatory Commission (NERC) says Electricity Distribution Companies (DisCos) will be liable to pay capacity charge for rejecting load allocated to them due to constraints on their networks. The regulatory agency also said where it was established that the…
The Nigerian Natural Resource Charter (NNRC) has advised the Federal Government to provide palliatives for vulnerable Nigerians to cushion the impact of the deregulation of Premium Motor Spirit (PMS) in the country. The NNRC, a non-profit policy institute that promotes…
The Transmission Company of Nigeria (TCN) says it has recorded the fastest recovery of the power grid system after a partial collapse on Wednesday. Acting Managing Director of TCN, Mr Sule Abdulaziz, disclosed this in Abuja on Thursday during a…
The African Development Bank (AfDB) is providing a US$965,000 grant to Morocco’s Super Energy Service Coany to support the firm’s growth plans. The Bank said the deal was sealed on Tuesday. The grant will provide Société d’Ingénierie Energétique (SIE) with…
Economic matters have remained core subjects of note in Nigeria amidst the winds of evolving phenomenon in recent times. The nexus of this (economic) wing of human life to other aspects of human endeavour is such that holds a strong…
