The Niger Delta Development Commission (NDDC) has abandoned or canceled projects worth over N612bn.4bn across the region over the years, according to a report. The report was NDDC-PPP Committee with the title, ‘A Sea of Opportunities in the Niger Delta Region.’ The report made an assessment of projects that were …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has further shown its commitment to breaking down barriers and creating opportunities for women in traditionally male-dominated sectors in Nigeria. The Bank did this as it sponsored the Lagos Chapter of Women in Energy, Oil, and Gas (WEOG) Investiture …

  Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) Secretariat for the development of the SMARTAfCFTA Portal, for trade promotion within the African continent. The SMARTAfCFTA Portal, which has the capacity to provide information like trade indicators, market trends, custom …

A 400-level student of Economics at the University of Ibandam Orire Agbaje, appointed by President Bola Ahmed Tinubu as a member of the presidential committee on fiscal policy and tax reforms. It was reported that Ibandam Orire Agbaje is the president of The Tax Club, University of Ibadan, as well …

Former Minister of Works and Housing, Babatunde Fashola, has petitioned the Department of State Service (DSS) to investigate the peddlers of fake news about his alleged involvement in the drafting of the judgement for the Presidential Election Petition Tribunal (PEPT). Jackson Ude alleged that Fashola and some lawyers of the …

Tinubu suspends Buhari’s tax policies, signs 4 Executive Orders The Presidential Committee on Fiscal Policy and Tax Reform (PCFPTR) will ensure that tax payment and use are beneficial to Nigerians as well as make the right people pay tax. Mr Taiwo Oyedele, Chairman of the PCFPTR, said that the committee …

Taiwo Odukoya, the senior pastor and founder of The Fountain of Life Church, Ilupeju, Lagos, is dead. In a statement posted on the Church’s official Facebook page on Tuesday, the church disclosed that the popular clergy died on Monday, August 7, 2023 in the United States of America. More to …

Heritage Bank The National Industry Court sitting in Makurdi, capital of Benue State, has issued a garnishee order directing the Inspector General of Police to seal off branches Heritage Bank Limited for failing to pay over N70 million to Shehu Mudi and 656 organisations. The Court ruled that the bank …

Oluseye Olusoga, Group Managing Director of Parthian Partners, the parent company of leading Fintech, i-invest, has highlighted the transformative impact of the Bank Verification Number (BVN) on the Nigerian Fintech sector. He shared this insight during the Nigeria Fintech Forum held on August 3rd at the Civic Centre in Lagos, where he …

Solar panels Nigeria can generate about 427,000 megawatts of electricity from solar energy that comes from the sun, power generation companies have said. Nigeria currently generates less than 5,000MW for more than 200 million people. For instance, data obtained from the Federal Ministry of Power, on Sunday, showed that power …