archiveMay 25, 2021

 The Securities and Exchange Commission (SEC) says it is considering a reduction in its operational staff cost to boost and improve its revenue profile.SEC’s Executive Commissioner, Corporate Services, Mr Ibrahim Boyi, said this in Abuja on Tuesday at an investigative hearing on revenue monitoring organised by the House Committee on...

 Transactions on the Nigerian stock market maintained bearish mood on Tuesday, extending the trading losses to seven consecutive sessions.This was due to sustained profit-taking in Guaranty Trust Bank and 16 others. It came as the apex bank’s Monetary Policy Committee members, at the end of the two-day meeting on Tuesday,...

  Mr Bawa Usman, Zonal Head of the Economic and Financial Crimes Commission (EFCC), in Sokoto, has said that insider connections facilitate most financial frauds in the banking industry. Bawa, whose zone covers Sokoto, Kebbi and Zamfara States, stated this on Tuesday in Sokoto at a roundtable with Compliance Officers...

The Delta Ministry of Science and Technology has begun Information Communication Technology Youth Empowerment Programme (ICT-YEP)  for 630 youths in the state. Speaking at the opening  on Monday in Asaba, the Permanent Secretary in the Ministry of Science and Technology, Mr Bernald  Okonta, commended the state government for the initiative....

The House of Representatives Committee on Finance has queried the National Health Insurance Scheme (NHIS), for spending N152,487,900 on the procurement of face/nose masks, hand sanitizers, hand gloves and other protective gears during the lockdown occasioned by the outbreak of COVID-19. The agency was also queried for recording N2.48 million...

The Nigeria Centre for Disease Control (NCDC) has registered 42 new cases of COVID-19, bringing the total number of infections in the country to 166,061. The NCDC said this on its official Twitter handle on Monday. The News Agency of Nigeria (NAN) reports that the 42 new infections represent an...

The Presidency has expressed reservation over the position of Southern Governors’ Forum on open grazing, saying their decision to ban open grazing in their states is of questionable legality. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement on Monday in Abuja, observed that...

    gets commendations from Industry Minister, President’s Adviser on Ease of Doing Business The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has disclosed that the Bank has dedicated N100 billion for the financing micro, small and medium enterprises (MSMEs) in the country. This, he said is to enable them contribute...

National toll-free emergency bill ‘ll guarantee prompt response to emergencies - Lawan President of the Senate, Ahmad Lawan, on Monday said that the National Toll-Free Emergency Bill presently before the National Assembly would establish a channel and put in place a structure to guarantee swift security response to Nigerians in...

 says state making legal aid available to indigent residents as gov declares open NBA-SPIDEL Conference Oyo State Governor, ’Seyi Makinde, on Monday, said that his administration has been acting in defence of public interest and making legal aid available to indigent residents of the state. The governor, while declaring open...