No fewer than 11 suspected vandals were arrested at various locations in the South-East for allegedly vandalising electricity installations belonging to the Enugu Electricity Distribution Company (EEDC). The Head, Corporate Communications of EEDC, Mr Emeka Ezeh, disclosed this in a…
The National Insurance Commission (NAICOM) and the Federal Ministry of Transportation are collaborating to ensure the provision of adequate insurance for road transport owners and users within Nigeria and Economic Community of West African States (ECOWAS) member countries. Their objective…
The Nigerian Content Development and Monitoring Board (NCDMB) said on Tuesday that it had committed a total of US$332million under its commercial ventures partnership programme with a view to attracting project developments in-country valued at US$3.7bn. The Executive Secretary, Engr.…
Cornerstone Insurance has recorded a drop in its full year 2020 profit by as much as 46.6 per cent despite a signifcant improvement in its gross premium written (GPW), according to its financial report seen by Nigerian NewsDirect agent. The…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at 11.5 per cent for the fifth consecutive time. The CBN Governor, Mr Godwin Emefiele, presenting a communique from the MPC…
…Promises to woo more investors to Tanzania President of Dangote group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in the country and inform investors all over the world,…
The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, said the African continent needed more fiscal stimulus to engender economic growth and recovery. Okonjo-Iweala spoke at the UBA Africa Conversations 2021 with the theme: “Africa to the World,”…
By Faizat Adeboye 143 school teachers were trained on cyber bullying and strategies to prevent the act by Access Bank and Xploit Consulting Company Limited on Monday in Abuja. Director, Communication of Xploit Company, Mrs Grace Taiwo said that the…
Shareholders of 11Plc, a downstream oil and gas company, have approved the dividend payment of N3.06bn for the 2020 financial year. The approval was given at the 43rd Annual General Meeting (AGM) of the company in Abuja, the company said…
The Central Bank of Nigeria (CBN) has debited banks a total of N120.2 billion for failing to meet its Cash Reserve Ratio (CRR) policy CRR debits implemented by the CBN from time to time and estimates over N10 trillion has…
