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Kemebradikumo Pondei The acting managing director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei, weekend, listed some of the contracts the commission was allegedly coerced to pay by the National Assembly before its 2019 annual budget could be harmonized. He alleged further that some Lawmakers, especially members of adhoc Committees …

First Bank of Nigeria Limited has promised its stakeholders that it will optimally maximise the opportunities from the disruptions occasioned by the Coronavirus (COVID-19) pandemic on the economy to their advantage. Dr Adesola Adeduntan, FirstBank Chief Executive Officer, gave the assurance on Thursday at the bank’s Virtual Corporate Customers forum …

Nigeria’s Private Sector led Coalition Against COVID-19 (CACOVID) yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to mitigate the adverse effects of the novel coronavirus pandemic on vulnerable Nigerians. The food relief materials for which the private sector operators are …

Governor Obaseki and other Peoples Democratic Party’s (PDP’s) leaders at the Oba of Benin Palace Governor Godwin Obaseki has ordered the redeployment of his Director of Protocol (DoP), Government House, Benin, Aisagbon Osayande, to the Ministry of Culture and Diaspora Affairs. He was replaced by Mosis Obakpolor of the same ministry. The …

The West African Examination Council, WAEC, has debunked reports in some online media that fire gutted its headquarters in Abuja on Tuesday. A statement signed by Demianus Ojijeogu, head of public affairs, WAEC Nigeria, said there was no fire incident at the council’s headquarters or any of its offices in Nigeria. According to …

  Lagos State Governor, Mr Babajide Sanwo-Olu has reversed the amendment of the Land Use Charge effected by the administration of his predecessor, Mr Akinwunmi Ambode in 2018. Specifically, the government cancelled the 2018 land use charge and reverted to pre-2018 land use charges. The decision was announced today at …

FMN (Flour Mills of Nigeria PLC) the largest Agro-Allied and food group on the Continent of Africa, recently announced its audited financial performance for the 2019/2020. The report released on the 3rd August to the Nigerian Stock Exchange, highlights a number of remarkable achievements despite the prevailing economic headwinds and …

Acts as Facility Agent Bank for Nigerian Commercial Banks in the $1.5 Billion Facility to Boost Nigerian Oil Production and Government Revenue Lagos, 05 August 2020…// The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent Bank for the Nigerian Commercial Banks …

The downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), Petroleum Products Marketing Company (PPMC) has fixed the ex-depot price of premium motor spirit, known as petrol, at N138.62 per litre. PPMC disclosed this in a memo signed by its Manager, Sales, Mohammed Bello, in Abuja on Tuesday. The ex-depot …

A stray bullet from the gun of a suspected cultist has killed a four-month-old baby while in the warm arms of his mother in Awka, capital of Anambra State. It was gathered that the mother of the baby, identified as Mrs. Okoro, boarded a tricycle (Keke Napep) from Eke Awka …