News

Beware, DSS not recruiting – Spokesman

The Department of State Services says it is not currently recruiting and therefore cautions  the public against falling into the hands of fraudsters. Dr. Peter Afunanya, Public Relations Officer of the service, made this known in a statement on Tuesday in Abuja. Afunanya said the clarification became necessary following desperate …

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NERC says tariff increase not for low-income areas

The Nigerian Electricity Regulatory Commission (NERC) says the new electricity tariff increase will not affect low-income areas with lesser energy supply. The commission was reacting to reports of the new increase in tariff from January 1. In a series of Twitter post, the NERC said the tariff for customers on …

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Court jails ex-Finbank MD over N10.9bn fraud

Lateefa Okunnu, judge of the Lagos state high court sitting in Ikeja, on Tuesday, convicted and sentenced Okey Nwosu, a former managing director, Finbank Plc, to three years imprisonment over N10 billion fraud. The Economic and Financial Crimes Commission (EFCC) had arraigned Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma …

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Ibidapo Obe’s death shocking, says UNILAG VC

Vice-Chancellor of the University of Lagos (UNILAG), Prof. Oluwatoyin Ogundipe has said the death of the institution’s eighth Vice-chancellor, Prof. Oyewusi Ibidapo Obe came as a rude shock to the university Community. In a statement, Ogundipe noted that Ibidapo-Obe, who died at 71 contributed a lot to the university’s development. …

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Eight million subscribers have submitted NINs – MTN

Telecom giant, MTN, says the deadline given for subscribers to update their SIM registration records with the National Identification Number (NIN) is welcome development. In a disclosure notice sent to the Nigerian Stock Exchange (NSE), the telecom company also revealed some resolutions stakeholders in the industry had with the Nigerian government. MTN said …

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