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President of the Senate, Ahmad Lawan, has revealed there are internal and external forces in the country working tirelessly to frustrate the passage of the Petroleum Industry Bill presently before the National Assembly. Lawan made this known in a speech delivered when members of the Senate Press Corps paid him a visit to mark the…
January 13, 2021
States, LGAs Insist On NASS Approval Before Payment Could Be Made Legally As FG Considers Deducting Judgement Debts from States, LGs' Monthly Allocations Over A 10 Year Duration... SAN, QC Say Move Unconstitutional, Illegal Without NASS Endorsement, Approval, Concurrence... States and local governments in the country have faulted a plan by the federal government to…
January 9, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) Reactions have began to trail the announcement by the Federal government to start borrowing money from unclaimed dividends and funds in dormant accounts owned by Nigerians that are unattended to for at least six years. The funds are to be deployed as special credit to the federal…
January 7, 2021
Says FG-Labour C'ttee 'll Review Tariffs January Ending The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies (DISCOs) to revert to tariffs that were applicable in December 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made…
January 7, 2021
First City Monument Bank (FCMB) has appointed Yemisi Edun as acting managing Director, following the announcement yesterday that Adam Nuru has gone on leave amid allegation of marital infidelity levelled against him. The bank is currently investigating allegations of sexual misconduct against Nuru as an extramarital affair between him and a former staff of the…
January 6, 2021
It's Deceitful, Says Labour LCCI: Fresh Increase Puts Electricity Reform Process At Risk The fresh increase in the cost of electricity tariffs in the country has drawn condemnation from Nigerians who viewed the increase as an overkill at a time when many are still battling the economic challenges put forward by the Covid-19 pandemic. The…
January 6, 2021
The First City Monument Bank (FCMB) on Tuesday said its under-fire Managing Director, Adam Nuru has embarked on a leave as the bank launches probe into the allegations of sexual misconducts against him. The bank in a statement said its board recommended Nuru should go on a leave to ensure the sanctity of the investigation…
January 5, 2021
Oil and Gas logistics company, Intels Nigeria Limited on Tuesday said business decisions taken by the company have not been influenced by the incumbent administration of President Muhammadu Buhari. Intels issued a statement on Tuesday, in Lagos to refute the reasons given by former Vice President Atiku Abubakar for selling off its shares at the…
January 5, 2021
A Lagos High Court sitting in Ikeja has convicted a former Managing Director of defunct Finbank plc, Mr. Okey Nwosu, and three other directors of the bank for stealing and committing fraudulent deals running into about N18 billion. A breaking news aired by Channels Television on Tuesday night, January 5, showed that Justice Lateefat Okunnu…
January 5, 2021
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President of the Senate, Ahmad Lawan, has revealed there are internal and external forces in the country working tirelessly to frustrate the passage of the Petroleum Industry Bill presently before the National Assembly. Lawan made this known in a speech delivered when members of the Senate Press Corps paid him a visit to mark the…
January 13, 2021
States, LGAs Insist On NASS Approval Before Payment Could Be Made Legally As FG Considers Deducting Judgement Debts from States, LGs' Monthly Allocations Over A 10 Year Duration... SAN, QC Say Move Unconstitutional, Illegal Without NASS Endorsement, Approval, Concurrence... States and local governments in the country have faulted a plan by the federal government to…
January 9, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) Reactions have began to trail the announcement by the Federal government to start borrowing money from unclaimed dividends and funds in dormant accounts owned by Nigerians that are unattended to for at least six years. The funds are to be deployed as special credit to the federal…
January 7, 2021
Says FG-Labour C'ttee 'll Review Tariffs January Ending The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies (DISCOs) to revert to tariffs that were applicable in December 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made…
January 7, 2021
First City Monument Bank (FCMB) has appointed Yemisi Edun as acting managing Director, following the announcement yesterday that Adam Nuru has gone on leave amid allegation of marital infidelity levelled against him. The bank is currently investigating allegations of sexual misconduct against Nuru as an extramarital affair between him and a former staff of the…
January 6, 2021
It's Deceitful, Says Labour LCCI: Fresh Increase Puts Electricity Reform Process At Risk The fresh increase in the cost of electricity tariffs in the country has drawn condemnation from Nigerians who viewed the increase as an overkill at a time when many are still battling the economic challenges put forward by the Covid-19 pandemic. The…
January 6, 2021
The First City Monument Bank (FCMB) on Tuesday said its under-fire Managing Director, Adam Nuru has embarked on a leave as the bank launches probe into the allegations of sexual misconducts against him. The bank in a statement said its board recommended Nuru should go on a leave to ensure the sanctity of the investigation…
January 5, 2021
Oil and Gas logistics company, Intels Nigeria Limited on Tuesday said business decisions taken by the company have not been influenced by the incumbent administration of President Muhammadu Buhari. Intels issued a statement on Tuesday, in Lagos to refute the reasons given by former Vice President Atiku Abubakar for selling off its shares at the…
January 5, 2021
A Lagos High Court sitting in Ikeja has convicted a former Managing Director of defunct Finbank plc, Mr. Okey Nwosu, and three other directors of the bank for stealing and committing fraudulent deals running into about N18 billion. A breaking news aired by Channels Television on Tuesday night, January 5, showed that Justice Lateefat Okunnu…
January 5, 2021
