L-R: Former Chairman, Board of Directors, Fidelity Bank Plc, Mr. Ernest Ebi; Executive Director, Lagos & South-West, Fidelity Bank Plc, Dr. Ken Opara and his wife; Former Executive Governor, Anambra State, Peter Obi; at the thanksgiving Service organised by Dr. Ken Opara and family in Lagos on Sunday
Read More »$1.5bn Port Harcourt refinery rehabilitation: Between sense, sentiments and sensationalism
BY SADOU JATTU – Since last week when the Federal Executive Council (FEC) approved the sum of $1.5bn for the rehabilitation of the Port Harcourt Refinery, all hell has been practically let loose. Well-meaning Nigerians from all walks of life have been sharing their views on the issue and many …
Read More »Buhari didn’t promise to make one naira equal one dollar – Spokesperson
Buhari President Muhammadu Buhari did not promise to make one naira become equivalent to one dollar, Femi Adesina, Special Adviser to the President on Media and Publicity, has said. According to Adesina, the claims suggesting that President Muhammadu Buhari made such a promise, are false. “It does not exist, it is …
Read More »Buhari reappoints BPE DG Alex Okoh for second term
President Muhammadu Buhari has approved the reappointment of Alexander Okoh as the director-general of the Bureau of Public Enterprise (BPE) for another four years. Laolu Akande, senior special assistant to the president on media and publicity, disclosed this in a statement on Thursday. The renewal takes effect from April 10, …
Read More »NNPC can no longer bear N120bn monthly subsidy on fuel – Kyari
The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mele Kyari, said the corporation can no longer bear the over N120 billion monthly subsidy for Premium Motor Spirit (PMS). Kyari stated this during the weekly media briefing organised by the Presidential Communication Team at the State House, Abuja, on …
Read More »Asset Declaration: Focus on bank MDs, Leave us alone, others, workers tell EFCC
The recent ‘declare your assets order’ to bank workers by the Economic and Financial Crimes Commission (EFCC) has continued to raise dust with stakeholders faulting the policy. Bankers under the aegis of the Association of Senior Staff for Banks, Insurance and other Financial Institutions (ASSBIFI) and National Union of Banks, Insurance and …
Read More »unclaimed certificates, documents will be destroy from April 30 – CAC
The Corporate Affairs Commission (CAC) says it will destroy certificates and documents unclaimed by their owners from April 30. The commission gave the warning in a notice titled “unclaimed certificates/documents”. In July, CAC announced that it will no longer receive visitors at its offices in Lagos and Abuja due to COVID-19. It …
Read More »EFCC uncovers NSA Monguno aide’s oil depot, multi-billion naira properties
NSA Babagana-Monguno Monguno The Economic and Financial Crimes Commission (EFCC), is said to be investigating Brigadier-General Mohammed Jafaru, the director of Finance in the office of the National Security Adviser (NSA), Babagana Monguno, over alleged questionable ownership of multi-billion naira properties. In the course of over one-year-long investigation, arrests of accomplices and execution of search warrants, …
Read More »Bank CEOs, top executives jittery as EFCC orders bankers to declare assets
Top Nigerian bank chief executive officers and other top executives are said to be jittery following fresh directives by the Economic and Financial Crimes Commission (EFCC) for bank employees to declare their assets in accordance with the bank employees declaration of assets act. The act requires every bank employee to make a full disclosure of …
Read More »NITDA fines Electronic Settlement Limited N5m for data breach
The National Information Technology Development Agency (NITDA) has placed a N5 million (Five Million Naira) fine on Electronic Settlement Limited over breach of personal data. NITDA said that it discovered the data breach after analysing the company’s applications and websites; visiting the company’s office in Lagos, reviewing its technical documents and interrogating its officials. …
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