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archiveDecember 8, 2021

INVESTMENTOTHER BUSINESSESTOP STORY

UBA seized 60% AEDC equity to recover acquisition loans, NERC clarifies

The Nigerian Electricity Regulatory Commission (NERC), has said that the United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution Company (AEDC) to recover its acquisition loans KANN. The Commission which made this clarification in a joint statement with the Bureau of...
NEWSTOP STORY

I won’t resign over jail breaks -Aregbesola

  Minister of Interior, Ogbeni Rauf Aregbesola, Wednesday said he will not resign despite the calls, following recurring ijail breaks across the country in recent time. Aregbesola, whose ministry oversees the Nigeria Correctional Service across the country, spoke to newsmen at the end of the weekly virtual Federal Executive Council...
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