Minister of Power, Adebayo Adelabu …Ziklagsis Network Limited, Unistar International Blamed For Nigeria’s Metering Gap The Federal Government approved N32 billion in 2003 for the supply of three million prepaid meters to distribution companies over a three-year period. However, this fund has remained untouched in a bank account belonging to …
Read More »Kerosene Costliest In Kaduna, Benue, Niger As Average Price Hits N1,340 Per Litre — NBS
Kerosene The National Bureau of Statistics (NBS) on Thursday announced that the average retail price of a litre of kerosene was sold at N1,340 in February 2024. This showed that the price on a month-on-month basis surged marginally by 0.83 per cent against the N1,329 it sold for in January …
Read More »Mohbad’s autopsy results to be ready soon – Dr Richard Somiari
Late Mohbad An autopsy conducted on the remains of the late singer, Ilerioluwa Aloba, popularly known as Mohbad would be ready in the next three or four weeks. The Director of Lagos State DNA and Forensic Centre, Dr Richard Somiari, disclosed this while testifying during a coroner’s inquest into the …
Read More »CBN resolves outstanding FX backlog, as external reserves jump to $34.11bn
CBN Governor Olayemi Cardoso. The Central Bank of Nigeria on Wednesday said it has cleared the $7 billion outstanding foreign exchange obligations while the country’s external reserves have increased to a significant $34.11 billion. This is contained in a statement issued by CBN’s Acting Director of Corporate Communications, Mrs. Hakama …
Read More »Four Arrested As Police Raid Factory Producing Fake Alcoholic Drinks In Lagos
The State Police Command spokesperson, Benjamin Hundeyin made this known via a post on X, adding that four people behind the fake factory business were also arrested and some of their fake products were recovered by the force. The Nigeria Police Force has raided an illegal factory producing fake alcoholic …
Read More »Rich Nigerians Spend Money On Parties Instead Of Helping Their Poor Neighbours, First Lady, Oluremi Tinubu Laments
The former lawmaker said this in an interview with Arise News, in which she blamed rich Nigerians for preferring to spend huge amounts of money on parties to rendering help to their neighbours in need. Nigerian First Lady, Senator Remi Tinubu has berated rich citizens in the country for showing …
Read More »Glo-sponsored African Voices Playmakers features Stonebwoy
This week, the Cable News Network (CNN) magazine program African Voices Playmakers, sponsored by Globacom, honours the exceptional talent of Stonebwoy, an Afropop and reggae musician from Ghana. In an open interview with CNN’s Larry Madowo, the 36-year-old, whose true name is Livingstone Etse Satekla, confidently refers to himself as the …
Read More »Stanbic IBTC launches enhanced Super App for business owners
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has unveiled an enhanced version of its mobile app, optimized specifically for businesses. The updated app offers a range of new features designed to streamline and simplify digital banking for business owners. The enhanced mobile app for businesses provides a comprehensive …
Read More »FirstBank at 130: Enabling the Giants in Customers, Stakeholders.
By Bolaji Israel “Like a fine wine, FirstBank has only improved with age, becoming more dynamic, innovative and trusted by the nation. This is a testament to the diligence and devotion of the many great leaders who have steered the bank to success. Under the leadership of the current Chief …
Read More »EFCC Obtains Court Order To Track Nigerians Transacting On Binance
Nigerians trading on the Binance platform may soon be guests of the Economic and Financial Crimes Commission (EFCC). On Monday, the Federal High Court in Abuja ordered Binance Holdings Limited to provide the EFCC with detailed information on all persons from Nigeria trading on its platform. The move follows a …
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