News
No electricity tariff increase – Power Minister
By Ediri Ejor At the backdrop of rumors of possible hike in electricity tariff, the Minister of Power, Engr. Sale Mamman, has indicated that the ministry is focusing on increased efficiency
Honeywell denies breaching credit requirements in First Bank
By Cynthia Alo Contrary to the popular narratives, the management of Honeywell Group, a major corporate stakeholder in First Bank of Nigeria Limited, has said its loan facilities from the bank
COVID-19: Nigeria imposes fresh measures, aimed at flights from Brazil, India,Turkey
The massive resurgence of COVID-19 cases and deaths in Brazil, Turkey, and India has prompted the Nigerian Government to impose fresh measures aimed at preventing further importation of the coronavirus
Fidelity Bank shareholders approve 22 Kobo dividend for 2020
The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share for the year ended December 2020. This translates to a dividend
Ganduje extends retirement age for teachers, lecturers to 65
Governor Abdullahi Umar Ganduje of Kano State. Gov. Abdullahi Ganduje of Kano State says, henceforth, teachers and lecturers working with the state-owned institutions of learning will be retiring on attaining
How 9th Senate will achieve restructuring — Senator Folarin
Senator Teslim Folarin (APC-Oyo Central) has said that the 9th Senate would achieve restructuring by expunging `Exclusive List’ from the Constitution to allow devolution of powers. Addressing newsmen on Sunday
Equities market reverses 2 months losses
STOCK Records 2.02% gains in April By Nkiruka Nnorom The two month bearish streak in the stock market was reversed last month following the reallocation of assets to equities over the
Buhari, security heads to meet on Tuesday
By Johnbosco Agbakwuru The security meeting held on Friday and presided over by President Muhammadu Buhari with all the security heads in attendance will reconvene on Tuesday this week, a
CBN, experts advocate collaboration among MFBs on microinsurance
CBN By Babajide Konolafe The Central Bank of Nigeria (CBN) and financial sector experts have called for collaborative efforts among microfinance banks (MFBs) to promote the expansion of microinsurance as a tool
Borno Acting Governor revokes housing contracts of over 40 non-performing contractors
By Ndahi Marama – Maiduguri The Acting Governor of Borno state, Umar Kadafur, has revoked millions of naira housing projects by over 40 non-performing contractors sited in Njimtilo along the
