FG Imposes N555.8m Fine On Fidelity Bank

FG Imposes N555.8m Fine On Fidelity Bank

For violating its customers’ data privacy, the National Data Protection Commission (NDPC) has imposed N555.8 million fine on Fidelity Bank Plc.  NDPC’s National Commissioner, Vincent Olatunji, disclosed this during a Validation Workshop on the Nigeria Data Protection Act General Application and Implementation...
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FG Appoints New Management Team For Niger Delta Power Holding Company

FG Appoints New Management Team For Niger Delta Power Holding Company

President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC) with Engineer Jennifer Adighije as the Managing Director/Chief Executive Officer. A statement issued by the Special Adviser ...
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Oil Palm: Edo Flags Off New Phase With 50,000 Hectares

Oil Palm: Edo Flags Off New Phase With 50,000 Hectares

The Edo State Governor, Mr. Godwin Obaseki, at the weekend flagged off the second phase of the Edo State Oil Palm Programme (ESOPP) with about 50,000 hectares of land at Okogbo Community in Orhionmwon Local Government Area of the State.Obaseki,...
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NDDC Boss: Fiscal Responsibility, Imperative For Public Servants

NDDC Boss: Fiscal Responsibility, Imperative For Public Servants

The Managing Director, Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has stressed the need for public servants entrusted with the stewardship of public resources to demonstrate fiscal responsibility both in their professional capacities and perso...
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NCDMB, NLNG Commission Galvanizing Plant For Train 7 Project

NCDMB, NLNG Commission Galvanizing Plant For Train 7 Project

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineering Nigeria Limited, one of the engineering, procurem...
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FG, States, LGAs Share N1.358trilion In July

FG, States, LGAs Share N1.358trilion In July

For the Month of July, 2024, N1.3 trillion has been disbursed to the Federal , State and Local Government Areas. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. A...
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NPA Appoints New Port Managers For Apapa, Tin Can, Others

NPA Appoints New Port Managers For Apapa, Tin Can, Others

The Nigerian Ports Authority (NPA) has appointed new port managers as part for measures to enhance efficiency.The appointment, according to NPA takes immediate effect.A memo dated August 14, 2024 signed by the NPA Managing Director, Dr. Abubakar Dantsoho, expl...
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‘Cartel Behind Nigeria’s Payment Of War Risk Premium’

‘Cartel Behind Nigeria’s Payment Of War Risk Premium’

The persistent war risk premium imposed on vessels operating in Nigerian waters is influenced by a cartel within the international insurance sector, the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, has ...
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NCDMB Boss At BEAMCO, Lauds NLNG, Train-7 Project

NCDMB Boss At BEAMCO, Lauds NLNG, Train-7 Project

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday visited the facilities of BEAMCO Nigeria Limited in Lagos and commended the oil and gas service firm for the giant strides it recorded in....
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DMO Offers Two FG Savings Bonds For Subscription

DMO Offers Two FG Savings Bonds For Subscription

The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by the DMO on Monday, the first offer is a two-year FGN savings bond due...
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NIMC Reaffirms Commitment To Protection Of NIN Database

NIMC Reaffirms Commitment To Protection Of NIN Database

The Director General/Chief Executive Officer of NIMC, Engr Abisoye Coker-Odusote, has reiterated the safety and protection of data in its National Identity Database (NIDB) as the country commemorates the National Civil Registration and Vital Statistics (CRVS) ...
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Ogun Allocates 100 Hectares Of Land For Dockyard, Naval Base

Ogun Allocates 100 Hectares Of Land For Dockyard, Naval Base

The Ogun State Government has allocated 100 hectares of land to the Nigerian Navy to build a Forward Operating Base in the state. The State Governor, Dapo Abiodun disclosed this on Friday during a courtesy visit to the Chief of...
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Innoson Lauds Tinubu’s CNG initiative, Economic Reforms

Innoson Lauds Tinubu’s CNG initiative, Economic Reforms

The Chairman/Chief Executive Officer of Innoson Vehicle Manufacturing Company Ltd (IVM), Nnewi, Chief Dr. Innocent Ifediaso Chukwuma, CON, has commended President Bola Tinubu for his recent Compressed Natural Gas (CNG) Initiative, which he said has many advant...
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Dangote To NUPRC: Enforce PIA Act On Crude Supply

Dangote To NUPRC: Enforce PIA Act On Crude Supply

Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be a...
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