Category: News

SEC Nigeria Engages PENCOM, AMCON On Securities Lending
November 23, 2019 No Responses

SEC Nigeria Engages PENCOM, AMCON On Securities Lending

Determined to deepen  liquidity in the nation’s bourse, the Securities and Exchange Commission (SEC) is engaging the National Pension Commission (PENCOM) and the Asset Management Corporation of Nigeria (AMCON) on securities lending. Acting Director-General of  SEC, Ms Mary Uduk,  disclosed...
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DMO Puts Nigeria’s Debt Profile At N25.7 Tri
November 23, 2019 No Responses

DMO Puts Nigeria’s Debt Profile At N25.7 Tri

The Debt Management Office (DMO) says that Nigerian’s total debt profile is N25.7 trillion. The Director-General of the office, Ms Patience Oniha, announced this while addressing House of Representatives Committee on Public Account on Friday in Abuja. “As ...
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Banky W To Unveil New Album In 2020
November 23, 2019 No Responses

Banky W To Unveil New Album In 2020

Nigerian singer, rapper, actor and politician, Olubankole Wellington, a.k.a Banky W, on Friday announced his intention to produce a new album in 2020. The Nigerian rhythm and blues veteran explained that he would come out of retirement and release a...
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Navy Hands Over Smuggled Rice, Vegetable Oil To Customs
November 23, 2019 No Responses

Navy Hands Over Smuggled Rice, Vegetable Oil To Customs

The Nigerian Navy on Friday in Lagos handed over 35 bags of rice and five gallons of vegetable oil smuggled into the country to the Nigeria Customs Service (NCS). The Naval Commander, Forward Operating Base (FOB), Capt. Tamuno Senibo, handed...
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Reps Probe NIMASA, Ministry Over Alleged $195m Security Contract
November 22, 2019 No Responses

Reps Probe NIMASA, Ministry Over Alleged $195m Security Contract

The House of Representatives has resolved to investigate alleged $195, 500.000 contract awarded to an Israeli security firm to secure Nigeria’s waterways by the Ministry of Transportation. This is sequel to a unanimous adoption of a motion by Rep. Benjamin.....
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NSIA Generates N68.3b In 18 Months
November 22, 2019 No Responses

NSIA Generates N68.3b In 18 Months

The Nigeria Sovereign Investment Authority (NSIA) realized N68.3 billion between January 2018 and June 30, 2019. The Managing Director/Chief Executive Officer of NSIA, Mr Uche Orji, made the disclosure at the end of the National Economic Council (NEC), meeting...
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International Breweries Photo News
November 22, 2019 No Responses

International Breweries Photo News

L-R: Legal and Corporate Affairs Director, International Breweries, Otunba Michael Daramola, Finance Director, International Breweries,  Zuber Momoniat, Director, Chapel Hill Denham Advisory Ltd, Lanre Buluro, Managing Director, International Breweries, Annab...
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CBN: Nigeria Imports $600m Cassava Derivatives Annually
November 22, 2019 No Responses

CBN: Nigeria Imports $600m Cassava Derivatives Annually

Nigeria imports cassava derivatives valued at about 600million dollars annually, Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) has said Emefiele disclosed this at a meeting With State Governors of Cassava Producing States in Abuja on Thursd...
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Buratai Donates 1,000 books, Remodel Primary School
November 22, 2019 No Responses

Buratai Donates 1,000 books, Remodel Primary School

The Chief of Army Staff, Lt-Gen Tukur Buratai has donated 1,000 books to pupils of his alma matter, Unguwar Sarki Musulmi LEA Primary School  Kaduna. The News Agency of Nigeria (NAN) report that Buratai, who began his search for education...
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Customs Promotes 2,508 Officers
November 21, 2019 No Responses

Customs Promotes 2,508 Officers

The Nigeria Customs Service Board has promoted 2,508 officers to various ranks. The Customs’ Public Relations Officer, Mr Joseph Attah made this known in a statement in Abuja on Wednesday. Attah explained that the board also approved the appointment of...
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NYSC Approves N26m To Replace Corps Member’s Amputated Limbs
November 21, 2019 No Responses

NYSC Approves N26m To Replace Corps Member’s Amputated Limbs

The National Youth Service Corps (NYSC) has set aside N26 million to replace a Corps member’s amputated limbs in Kano state. The state NYSC Coordinator, Malam Ladan Baba disclosed this to Journalists on Wednesday when he led other officials of...
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FG, States, LGs Share N702.058b
November 21, 2019 No Responses

FG, States, LGs Share N702.058b

The Federation Accounts Allocation Committee (FAAC) on Wednesday shared a total of N702.058 billion to the three tiers of government for the month of October. This was announced in a communique read by Accountant General of the Federation, Mr Ahmed...
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LASG Approves 173 New Private Schools
November 20, 2019 No Responses

LASG Approves 173 New Private Schools

The Lagos State Government, through the Ministry of Education, has given approval for the establishment of 173 private schools across the state’s five divisions. The Commissioner for Education, Mrs Folasade Adefisayo, made this known while issuing letters of...
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Seplat Appoints New CEO
November 19, 2019 No Responses

Seplat Appoints New CEO

Seplat Plc has announced the retirement of Mr Austin Avuru  as its Chief Executive Officer, effective July 31, 2020.  In a statement issued on Monday by the Company Secretary, Edith Onwuchekwa, the company explained that Avuru would be replaced by...
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