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Default: Power Group Seeks Market Operators, DisCos’ Increased Engagement

Mohammed Shosanya Power Up Nigeria,a consumer group in the nation’s power sector,has advocated the need for increased engagement between Market Operators and Distribution Companies to resolve issues surrounding the latter’s non-compliance with

April 30, 2023

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Shell Company Back To Imo Soon

Shell Petroleum Development Company (SPDC) is set to return to the Imo state to resume operations after years of exiting the state as a result of insecurity,Governor Hope has said. Uzodimma,who disclosed

August 7, 2022

Oil&Gas

NAICOM Moves To Enforce Compulsory Insurance In NigerIa

The National Insurance Commission (NAICOM) will soon begin enforcement of compulsory insurance in the country. The Board of Directors of NAICOM led by its Chairman, Dr Abubakar Sani, gave the hint when

August 7, 2022

Business·Insurance&Pension

Access Bank To Boost SMEs In Nigeria With $280m Loan

United States International Development Finance Corporation (DFC) ,Saturday,signed $280 million commitment to finance small and medium enterprises in Nigeria. DFC CEO Scott Nathan and Access Bank Managing Director Roosevelt Ogbonna signed the

August 7, 2022

Banking&Finance·Business

Makinde, Minister Of Trade Unveil New Ride-Hailing Service In Ibadan

Governor ‘Seyi Makinde and the Minister of Industry, Trades and Investment, Adeniyi Adebayo,have launched a new ride-hailing service in Ibadan, the Oyo State capital. Codenamed: ‘AFRICAR’, the ride-hailing service was launched at

August 5, 2022

Motoring

TCN Workers Petition Minister Over Ploy To Create Illegal Unit

Some concerned workers of Transmission Company of Nigeria have petitioned the Minister of Power,Engineer Abubakar Aliyu,over ploy by the company to illegally create the office of Executive Director Project. The embattled workers,in

August 5, 2022

Labour/Human Resources

SEC To Investors: Beware Of Unregistered Crowdfunding Platforms

The Securities and Exchange Commission, SEC, has warned investors on the activities of unregistered investments crowdfunding platforms. The commission,in a statement,also said operators of unregistered crowdfunding platforms would be fined N1 million

August 5, 2022

Regulators·SEC

Smugggling: Customs Intercepts 34,725 Liters Of Fuel,Others

The Federal Operations Unit Zone A of the Nigeria Customs Service, said it intercepted 34,725 liters of Petroleum Motor Spirit, 7,261 bags of 50kg foreign parboiled rice equivalent to 12 trucks load

August 5, 2022

Business·Maritime

Makinde Commissions First Cassava-Based Factory In Africa

Governor ‘Seyi Makinde, has commissioned the first Cassava-based Sorbitol Factory in Africa owned by Psaltery International Limited and located in Alayide Village, Ado-Awaye, Oyo State. He declared that his government will continue

August 5, 2022

Agriculture·Media

Court Remands Oyo FGGC’s Teacher For Defiling Student

A court sitting in Oyo has ordered that a teacher,who defiled a 14year old student of Federal Government Girls College, Oyo be remanded in Abolongo correctional centre in Oyo town, Oyo

August 5, 2022

Crime/Metro

NiMet Elevates 19 Officers

The Nigerian Meteorological Agency, (NiMet) has announced the promotion of 19 Managerial cadre and 511to Senior and Middle level Management cadre. Muntari Yusuf Ibrahim, the General Manager and Public Relations Officer, in

August 5, 2022

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