The power sector has recorded a generation capacity loss of N243 billion within 10 months from January to October 2020. This was revealed in the October 2020 electricity generation statistics released by the Association of Power Generation Companies (APGC), the umbrella body of GenCos. The data puts the current available …

There appears to be a brewing boardroom bickering at Jaiz Bank Plc over the tenure of the current Managing Director and the appointment of a successor. The two claimants are the current Managing Director, Mallam Hassan Usman and a new candidate, Mr. Mohammed Shaheed Khan, who was appointed by the …

The West African Examinations Council has released the results of the 2020 Senior Secondary School Certificate Examination on Monday, November 2, 2020. Head of the National office, Patrick Areghan, said a total of 1,549,740 registered for the examination. Areghan said 1,338,348 candidates representing 86.99 per cent obtained credit and above …

Tunde Fowler The Economic and Financial Crimes Commission (EFCC) is currently grilling Babatunde Fowler, former chairman of the Federal Inland Revenue Service (FIRS), over alleged fraud. This newspaper gathered that Fowler was invited on Monday morning over an ongoing investigation involving Alpha Beta Consulting, a tax firm believed to be …

  Last week will go down as one of the most challenging weeks, if not the most challenging, Nigeria has faced in 2020. What started out weeks before as very well-organised peaceful protests by young Nigerians campaigning to #EndSARS, was supplanted by hoodlums engaging in wanton looting, arson and destruction …

The Federal Government has admonished port terminal operators and shipping companies to adopt the Nigerian Export Proceeds (NXP) number in order to ensure speedy attention to export cargo and smoothen export transaction. The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr. Hassan Bello, stated this when he visited some port terminals …

    Lagos Nigeria: October 30, 2020: Fidelity Bank CEO, Mr. Nnamdi Okonkwo has restated the bank’s commitment to the highest standards of ethical and professional conduct in its dealings with customers and all stakeholders. Okonkwo gave the assurance on Monday as part of activities marking the 2020 Corporate Compliance & Ethics …