May 2024 - Page 3 of 17

Senate Confirms Agama SEC DG

Mohammed Shosanya The Senate Committee on Capital Market has confirmed Dr. Emomotimi Agama as the Director-General of the Securities and Exchange Commission. The Committee chaired by Senator Osita Izunaso, also approved the

May 28, 2024

Regulators·SEC

Vandals Destroy Danbua 132kV Transmission Line,Steal 16 Spans Of Conductors-TCN

Mohammed Shosanya The Transmission Company of Nigeria, (TCN),says its engineers are working on reconstructing and restringing the four vandalised towers, three towers along the Biu – Danbua 132kV transmission line were also

May 28, 2024

Power

FG Suspends Nigeria Air,Restarts Concession Of Airports

Mohammed Shosanya The Federal Government has reiterated that Nigeria Air remains suspended indefinitely. Minister of Aviation and Aerospace Development,Festus Keyamo,who disclosed this on Monday at the ongoing Ministerial Sectoral briefings to mark

May 28, 2024

Aviation·Business

House Committee Advocates Alternate Funding For Deep Blue Project

Mohammed Shosanya Acting Chairman of the House Committee on Maritime Safety, Education and Administration, has called for seeking alternate sources of funding for the Federal Government Integrated National Security and Waterways Protection

May 28, 2024

Business·Maritime

Ekiti Govt Registers Ile Iyi Electric Power Coy

Mohammed Shosanya The Ekiti State Government,has incorporated Ile Iyi Electric Power Company Nig. Limited with the Corporate Affairs Commission to handle services relating to electricity and energy engineering in the state. The

May 28, 2024

Power

Rivers: NDDC Distributes Free Drugs,Mosquito-Treated Nets To Mark World Malaria Day

Mohammed Shosanya The Niger Delta Development Commission NDDC, on Saturday conducted free Malaria rapid diagnostic tests in Ogu Community, Ogu/Bolo Local Government Area of Rivers State of scores of residents including pregnant

May 28, 2024

Health

UBA’s Customers’ Deposits Hit N17.36tr In 2023

Mohammed Shosanya The United Bank for Africa (UBA) Plc,says it grew its total deposits in 2023 by 93% to N17.36 trillion from N8.99 trillion in the corresponding period of 2022. At its

May 28, 2024

Banking&Finance·Business

FG Sues Governors Over Abuse Of LGAs

Mohammed Shosanya Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN), has instituted a suit at the Supreme Court of Nigeria against Governors of the 36 States of

May 28, 2024

News·Nigeria News

Soldiers,Amotekun Comb Ondo Forest For Kidnap Victims

Mohammed Shosanya Soldiers from Ekiti State and men of Amotekun Corps of Ondo State are on the trail of some gunmen who attacked and abducted some travellers along Irun-Akoko/Imesi-Ekiti Road. The victims

May 28, 2024

News·Nigeria News

FG Will Complete Egbema Power Plant Soon,Says Adelabu

Mohammed Shosanya The Federal Government has assured of accelerated completion of Egbema Power Plant in Imo State. Minister of Power, Chief Adebayo Adelabu,who gave the assurance at the weekend during an inspection

May 28, 2024

Power

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May 2024 - Page 3

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