The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. It announced this in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and addressed to managing directors, all electricity distribution companies and all meter asset providers. …

Ernest Azudialu-Obiejesi, CEO, Nestoil Plc Unfortunately for Nigerian businessman, Ernest Azudialu-Obiejesi, chairman and chief executive officer of Nestoil Group, it has been one week, one trouble. Recall, weeks ago, the EFCC, swooped in on the businessman and sealed his expansive residence on Modupe Alakija Crescent, formerly known as Ikoyi Crescent. The …

The police have arrested a commercial driver suspected to be responsible for the death of a Vanguard Journalist, Tordue Salem. The suspect, a 29-year-old commercial driver, Itoro Clement was paraded on Friday in Abuja. The Force Public Relations Officer, Frank Mba said Clement was arrested following an investigation carried out …

The Godwin Emefiele-led Central Bank of Nigeria, CBN has urged Nigerians to embrace the e-Naira because of its accruing benefits, which includes deepening financial inclusion in the country. The apex bank’s Director Corporate Communications Department, Osita Nwanisobi, made the call on Thursday at the ongoing Lagos International Trade Fair. In …

A heavily armed group, identified as “The Angry Vipers”, has threatened to attack Anambra-born businessman and socialite, Obi Cubana, due to the presence of Deputy Commissioner of Police, Abba Kyari, at his mother’s burial. The burial, which was held at Oba, Anambra State in July 2021, was a lavish display …

NEW YORK/LAGOS, 11 November 2021 – UNICEF and African e-commerce platform Jumia (NYSE: JMIA) announced today a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice. Jumia’s data science capacity will offer Giga insights into the economic …

  The Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November 8, 2021 re-arraigned a former Minister of Science and Technology, Dr. Abdul Bulama before Justice Fadima Murtala Aminu of the Federal High Court sitting in Damaturu, Yobe State, on a seven count charge of …

  The trial of former Chairman of Nigeria Social Insurance Trust Fund (NSITF) Dr. Ngozi Olejeme continued on Monday, November 8, 2021 before Justice Maryam Hassan Aliyu of the Federal Capital Territory High Court, Jabi Abuja with the Economic and Financial Crimes Commission, EFCC, presenting its first witness. Olejeme is …

Lucky Igbinedion Chief Lucky Igbinedion, former governor of Edo State, has been arrested and is being grilled by operatives of the Economic and Financial Crimes Commission, EFCC, over what a source described as alleged criminal diversion of public funds to the tune of N1.6 billion. The former governor, who arrived …

Vanguard missing reporter, Tordue Salem, has been found dead in Abuja. Details of the circumstances surrounding the recovery of his remains were still sketchy as at 9:30pm on Thursday. After the close of work that day, he was said to have alighted from a cab at Total filling station, close …