News

NDPHC spends N500bn on substations, transformers, others

The Niger Delta Power Holding Company has disclosed that it has invested over N500bn in transmission infrastructure across the country. The company’s Managing Director/Chief Executive Officer, Jennifer Adighije, stated this during an inspection of the 330/132/33kv Lafia Transmission Substation in Nasarawa State. A statement issued on Thursday by the General …

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Nigerian Communications Commission Secretly Employs 17 Staff Including 11 Northerners Amid Massive Revenue Loss, Deteriorating Telecom Quality

The source said that of the 17 newly secretly employed staff, 11 are from northern Nigeria, while only two are from the South-East and four are from South-West. The Nigerian Communications Commission (NCC) has secretly employed 17 new staff members including 11 northerners, SaharaReporters has learnt from inside sources. Top …

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FAAC: FG, states, LGs share N1.578trn for March

The Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Federal Government, states and the Local Government Councils (LGCs) for the month of March. A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), said the revenue …

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FG declares Friday, Monday as public holidays

The Federal Government has declared Friday, April 18, and Monday, April 21, as public holidays to mark this year’s Easter celebrations. The announcement was contained in a statement issued on Tuesday in Abuja by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani. According to the statement, the …

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Bauchi approves N872m to boost primary healthcare

The Bauchi State Governor Bala Mohammed has granted approval for the release of N872m as the state’s counterpart funding to its primary healthcare sector. Bala disclosed this on Tuesday at the meeting of the state task force on primary healthcare and the award presentation held at the banquet hall, government …

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Interpol joins EFCC in N1.3tn CBEX probe

The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange. CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access …

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