The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office has arraigned Jossy Honnah and Ecobank before Justice S.N Odili of the Federal High Court sitting in Awka, Anambra State on a 20-count charge bordering on forgery and stealing to the…
Qualified women entrepreneurs in the Nigerian Oil and Gas industry can now benefit from the US$40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank. The NCDMB…
…Our govt is irrevocably committed to uplifting the socioeconomic life of citizens — Gov. Oyetola The Governor of the State of Osun, Adegboyega Oyetola, on Tuesday flagged off the construction of 33KV power supply line from Ile-Ife to Garage-Olode (Awolowo…
By Asishana John The total gross claims paid by NEM Insurance Plc rose by 15 per cent to N8.4bn as of the end of 2020 from N7.3bn in 2019. The Chairman, NEM Insurance, Dr Fidelis Ayebaa, disclosed this during the…
By Asishana John Having obtained the necessary approvals from all relevant regulatory authorities, Law Union and Rock Insurance Limited has transited to Tangerine General Insurance Limited (“Tangerine General”). This development follows an earlier acquisition by Verod Capital Management Limited, through…
…as enrolment systems increase to 5,410 The Federal Government has approved the extension of the deadline for NIN-SIM data verification to the 26th of July, 2021. The decision to extend the deadline was made after a request by stakeholders on…
By Kayode Tokede Equities market transactions on the Nigerian Exchange Limited (NGX) on Tuesday closed on a positive trajectory as market recovers by N28.94billion. In summary, the NGX All-Share Index (ASI) increased by 55.50 basis points, representing a growth of…
By Kayode Tokede Neptune Hill Company Limited, a significant shareholder has announced the acquisition of an additional 15.6 million units of Julius Berger Nigeria Plc shares, worth N315.06 million. This is according to a notification signed by one of the…
The mere mention of food scarcity in Nigeria speaks much of a paradox. Deeper reflection would inundate critical thinking when thought is given to the volume of food importation into the Country, when rather she is at all advantage to…
The federal government has approved the handing over of the Atala oilfield, a revoked asset once owned by the Bayelsa state government, to new owners, Halkin Exploration and Production Limited. This was shown in a letter seen by Nigerian NewsDirect…
