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A former Branch Manager of the Sterling Bank Plc, Mr Anidiobi Chukwuka was handed an eight-year jail term on Tuesday for stealing and converting the sum of N219m to personal use. A trial judge, Justice Cyprian Ajah of the Enugu State High Court gave the ruling as he convicted Chukwuma of all the 32 counts…
November 3, 2021
American billionaire and founder of Amazon, Jeff Bezos, has commended Nigerian President Muhammadu Buhari for his actions and commitment in restoring degraded lands in the country. Bezos met with Buhari alongside France President, Emmanuel Macron; Mauritanian President, Mohamed Ghazouani on the sideline of the ongoing the 26th Conference of Parties (COP26) to the United Nations Framework…
November 2, 2021
..As Over 700 Groups Reject Net Zero At COP26 Civil Society Organisations (CSOs) campaigning for climate justice in Africa have urged governments of Africa attending the ongoing COP26 in Glasgow to advance climate solutions that will build resilience of African communities with a view to demonstrate commitment for the continent’s fair share of global climate…
November 1, 2021
Governor of Cross River State, Ben Ayade has presented a total sum of N276bn as budget estimates for 2022 to the State House of Assembly. Governor Ayade stated in the "Budget of Conjugated Agglutination" that N170 billion is for Capital Expenditure and N106 billion is for Recurrent Expenditure. Ayade, while presenting the budget, Friday, explained…
October 30, 2021
Less than two days after its launch by the Central Bank of Nigeria (CBN), the eNaira application has been removed from Google Play Store after series of complaints by users. The digital currency has two applications, which are eNaira speed wallet and eNaira merchant wallet. They were rolled out on the Google play store and…
October 28, 2021
...While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing ...Without a significant uptick in investment, demand for oil and gas will surpass supply in the not-so-distant future ...This disconnect between the political desire for less fossil fuels and the global hunger for fossil fuels…
October 27, 2021
The Nigerian Exchange Limited (NGX) has disclosed that it received information that Nigerian business mogul, Femi Otedola has acquired substantial shareholding in First Bank of Nigeria Holdings. The NGX confirmed that it received notification that Otedola, the Chairman of Calvados Global Services Limited has acquired 5% equity shares in First Bank, making him the bank’s…
October 23, 2021
The Minister of Power, Mr Abubakar Aliyu, has directed the early completion of the Zungeru Power Plant in Niger State. Mr Odutayo Oluseyi, Assistant Director Press, Ministry of Power, made this known in a statement in Abuja on Friday. Aliyu spoke while receiving the consultants and contractors, Messrs. CNEEC-Sinohydro consortium in charge of Engineering, Procurement…
October 23, 2021
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Mr Haruna Mustafa, said this at the 2021 Financial Correspondents Association of Nigeria (FICAN) workshop in Ibadan on Friday. Mustapha, represented by Mr Adekunle Adeniji, the…
October 23, 2021
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A former Branch Manager of the Sterling Bank Plc, Mr Anidiobi Chukwuka was handed an eight-year jail term on Tuesday for stealing and converting the sum of N219m to personal use. A trial judge, Justice Cyprian Ajah of the Enugu State High Court gave the ruling as he convicted Chukwuma of all the 32 counts…
November 3, 2021
American billionaire and founder of Amazon, Jeff Bezos, has commended Nigerian President Muhammadu Buhari for his actions and commitment in restoring degraded lands in the country. Bezos met with Buhari alongside France President, Emmanuel Macron; Mauritanian President, Mohamed Ghazouani on the sideline of the ongoing the 26th Conference of Parties (COP26) to the United Nations Framework…
November 2, 2021
..As Over 700 Groups Reject Net Zero At COP26 Civil Society Organisations (CSOs) campaigning for climate justice in Africa have urged governments of Africa attending the ongoing COP26 in Glasgow to advance climate solutions that will build resilience of African communities with a view to demonstrate commitment for the continent’s fair share of global climate…
November 1, 2021
Governor of Cross River State, Ben Ayade has presented a total sum of N276bn as budget estimates for 2022 to the State House of Assembly. Governor Ayade stated in the "Budget of Conjugated Agglutination" that N170 billion is for Capital Expenditure and N106 billion is for Recurrent Expenditure. Ayade, while presenting the budget, Friday, explained…
October 30, 2021
Less than two days after its launch by the Central Bank of Nigeria (CBN), the eNaira application has been removed from Google Play Store after series of complaints by users. The digital currency has two applications, which are eNaira speed wallet and eNaira merchant wallet. They were rolled out on the Google play store and…
October 28, 2021
...While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing ...Without a significant uptick in investment, demand for oil and gas will surpass supply in the not-so-distant future ...This disconnect between the political desire for less fossil fuels and the global hunger for fossil fuels…
October 27, 2021
The Nigerian Exchange Limited (NGX) has disclosed that it received information that Nigerian business mogul, Femi Otedola has acquired substantial shareholding in First Bank of Nigeria Holdings. The NGX confirmed that it received notification that Otedola, the Chairman of Calvados Global Services Limited has acquired 5% equity shares in First Bank, making him the bank’s…
October 23, 2021
The Minister of Power, Mr Abubakar Aliyu, has directed the early completion of the Zungeru Power Plant in Niger State. Mr Odutayo Oluseyi, Assistant Director Press, Ministry of Power, made this known in a statement in Abuja on Friday. Aliyu spoke while receiving the consultants and contractors, Messrs. CNEEC-Sinohydro consortium in charge of Engineering, Procurement…
October 23, 2021
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Mr Haruna Mustafa, said this at the 2021 Financial Correspondents Association of Nigeria (FICAN) workshop in Ibadan on Friday. Mustapha, represented by Mr Adekunle Adeniji, the…
October 23, 2021
