archiveJuly 20, 2020

The Securities and Exchange Commission (SEC), has expressed its readiness to automate capital market processes to conform to current technological trends to ensure more efficient market. The Director-General of SEC, Mr Lamido Yuguda said this at a meeting with the Minister of Communication and Digital Economy, Dr Isa Pantami in...

Sen. Gabriel Suswan, the Chairman Senate Committee on Power says the senate has no plans to reverse the privatisation of the power sector. Suswan made this known in Abuja during the committee’s oversight visit to some government structures being occupied by the Abuja Electricity Distribution Company (AEDC). According to him,...

The Nigerian Stock Exchange (NSE) opened the week on Monday with a loss of 0.07 per cent, just as the Monetary Policy Committee (MPC) retained key policy variables. The MPC committee members at the end of the one-day virtual policy meeting retained all policy parameters. They maintained the Monetary Policy...

The General Manager, Lagos State Building Control Agency, Mrs Biola Kosegbe, has said that the State has identified 500 distressed buildings and marked 102 of the buildings for demolition. She expressed the government’s commitment to zero tolerance to distressed and dilapidated buildings in the state. The Assistant Director, Public Relations,...

Ebonyi Governor Dave Umahi has terminated the appointments of over 1000 aides for non-performance. Umahi disclosed this on Monday during the swearing-in of three caretaker chairmen of Ikwo, Afikpo North and Ivo LGAs and the Coordinator of Ohaozara Development Centre, at Ecumenical Centre, Abakaliki. Those affected, according to him, include...

The Standards Organisation of Nigeria (SON), in collaboration with the Nigeria Police have seized 504 cartons of substandard Bic brand shaving sticks. This is contained in a statement issued on Monday in Abuja by Mr Bola Fashina, the Special Adviser to SON’s Director-General, Mr Osita Aboloma. SON said the Divisional...

The Obafemi Awolowo University Centre for Distance Learning (OAUCDL) has called for the support of relevant stakeholders to its customised Learning Managed System (LMS). The Spokesperson of OAUCDL, Mr Adeyemi Adedeji, made the call in an interview with newsmen on Monday in Osogbo. The News Agency of Nigeria (NAN) reports...

Access Bank Plc on Monday announced that it had successfully completed acquisition of the Transnational Bank (Kenya) Plc following receipt of full regulatory approvals and fulfilment of all conditions. The Company Secretary, Mr Sunday Ekwochi, informed the investing public and the Nigerian Stock Exchange (NSE) in a statement posted on...

• Claims most contracts in the NDDC awarded to members of the National Assembly • Says contract splitting is rampant in NDDC Minister for Niger Delta Affairs, Senator Godswill Akpabio on Monday told the House of Representatives that the former Acting Managing Director of the Niger Delta Development Commission (NDDC),...

President of the Senate, Ahmad Lawan said on Monday that he and his colleagues in the ninth National Assembly will not allow any distraction from their focus. Lawan spoke when a delegation of leaders and traditional rulers from Oke-Ogun in Oyo State paid a courtesy call on him. The delegation,...