archiveJanuary 22, 2019

  A bill to amend the Electric Power Reform Act to prohibit and criminalise estimated billing by the Electricity Distribution Companies (DisCos) has passed third reading in the House of Representatives. The house unanimously voted in favour of the bill when it was put to voice vote by the Deputy...

  Ahead of the Nigerian 2019 general elections, 11 election analysts and 40 long-term observers deployed by the European Union Election Observation Mission (EU- EOM) have arrived Nigeria. The team’s Chief Observer, Maria Arena, a Belgian and Member of the European Parliament, stated this on Tuesday at a press briefing...

South Africa’s MTN has paid $53 million to settle a money transfer dispute with Nigeria’s central bank and the matter has been withdrawn from court, Governor Godwin Emefiele said on Tuesday. The central bank had ordered MTN and its lenders to bring back a total of $8.1 billion it alleged...

  The National Council of State has pegged the national minimum wage at N27,000 for states and the private sector. The council also pegged N30,000 as the minimum wage for federal workers. The council’s meeting held on Tuesday at the Presidential Villa, Abuja and was presided by President Muhammadu Buhari...

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate (MPR) unchanged at 14 per cent. The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at the CBN’s headquarters...

Aliu Umar, the Nigerian government prosecutor in the ongoing trial of Chief Justice Walter Onnoghen, said on Tuesday that the government wants the judge out of office. Umar, in his opening address at the resumed hearing in the matter, said Mr Onnoghen had been written, and wondered whether he had...

The Federal Government said it has released N163 billion to the universities from the Tertiary Education Trust Fund (TETFund), but striking academics are stalling in calling off their strike. Sen. Chris Ngige, Minister of Labour and Employment, said this while addressing newsmen after a closed door reconciliatory meeting with leaders...

University administrator, Chief Afe Babalola (SAN), has suggested to the National Universities Commission (NUC) and the Federal Ministry of Education to adopt unified examinations for final year students in every course in Nigerian universities. The eminent lawyer, who spoke yesterday at the 10th matriculation ceremony and award for Afe Babalola...

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director. Oteh recently joined Oxford University as an Academic Scholar at St. Antony’s College and an Executive-in-Residence at SAID Business School. Her research areas of focus are...