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The Federal Government has sacked the Managing Director of the Transmission Company of Nigeria (TCN) Usman Gur Mohammed. Minister of Power, Mohammed Sale approved his sack. He appointed Sule Abdulaziz in his stead in an acting capacity. Spokesman of the minister, Aaron Artimas, disclosed to this in a statement on …

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn while profit after tax rose by 10% up from N2.79bn …

With the latest update released by the Nigeria Centre for Disease Control (NCDC), on Sunday night which put the total number of COVID-19 cases in the country at 5959, the end seems not to be in sight. According to an analysis carried out by P+ Measurement services for week 3 …

Mohammed Bello The federal government has issued a query to Mohammed Bello, permanent secretary of the ministry of science and technology, over alleged financial misconduct. In a letter dated May 11 and signed by Folasade Yemi-Esan, head of service of the federation, Bello was alleged to have engaged in acts …

Muhammadu Buhari and the former Minister of Defence, General Theophilus Danjuma are currently meeting at the Presidential Villa Abuja. General Danjuma was the Minister of Defence during the administration of former President Olusegun Obasanjo. General Danjuma has become one of the critics against the administration of President Buhari on the …

Boss Mustapha Nigerian president, Muhammadu Buhari has extended the gradual easing of the lockdown by two weeks across the nation. The chairman of the Presidential Task Force (PTF) on COVID-19 and Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, announced this on Monday during the daily briefing …

•Lagos unemployment rate may hit 45 per cent THE Lagos Chamber of Commerce and Industry (LCCI) says a significant fraction of businesses, precisely 81per cent, has been ‘severely’ affected by the COVID-19 lockdown in Lagos. It noted that only 17 per cent indicate moderate impact on their business. “Additionally, the …

Wike The Special Adviser to Governor Nyesom Wike on Electronic Media, Simeon Nwakaudu, is dead. The cause of his death is still unknown, but sources at Government House Port Harcourt said Simeon may have died of cardiac arrest. Governor, Nyesom Wike in a statement by the Commissioner for Information and …

Lagos State is considering the full re-opening of the critical sectors of its economy, Governor Babajide Sanwo-Olu revealed on Sunday. But the move will not be pushed in a hurry. In the coming days, Sanwo-Olu said the State Government would be rolling out Register-to-Open initiative as part of the plans …

As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion set aside by the Central Bank of Nigeria (CBN). This is in line with the apex bank’s policy to introduce another intervention scheme directed …