Archives for August, 2019 - Page 4
Discos Set To Repay N34bn CBN Loan This year
By Ngozi Onyeakusi -- The Nigerian Electricity Regulatory Commission disclosed that electricity distribution companies are expected to repay this year of the loan disbursed under the Central…
G7 Leaders Earmarks $251 Million For Women Entrepreneurs In Africa
French President Emmanuel Macron and G7 leaders on Sunday approved a package totalling $251 million in support of the African Development Bank’s (AFAWA) initiative to support women…
Multiple Subscription: Investors Consolidate 3.4bn Shares, Reduce Unclaimed Dividends- SEC
Left to right: Acting Executive Commissioner Legal and Enforcement, Securities and Exchange Commission, SEC, Mr. Reginald Karawusa, Acting Executive Commissioner Corporate Services, SEC, Mr. Henry Rowlands, Acting Director…
Colximate Insurance Brokers Ltd Celebrates 25th Anniversary
Caption Colximate 2: Caption: Chairman, Chartered Insurance Institute of Nigeria, Mr Eddie Efekoha; Managing Director, Colximate Insurance Brokers Limited, Mrs. Funke Adenusi, Representative of Boulos Group of…
Forex Intervention: Retail SMIS Get $297.92, CNY21.2
By Ngozi Onyeakusi -- The Central Bank of Nigeria (CBN), has made interventions in the retail Secondary Market Intervention Sales (SMIS), to the tune of $ in…
P&ID Gas Contract: EFCC Opens Investigation Into $8.9 Billion UK Court Award Against Nigeria
The Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu today, Friday, August 23, 2019, disclosed that the Commission had commenced investigation into the circumstances leading…
Minimum Wage: Negotiations To Continue Next Month
The Joint National Public Service Negotiating Council (JNPSNC), and representatives of the Federal Government will reconvene on Sept. 4 to continue negotiations on the new national minimum wage.…
Nigerian Jailed Four Years For $8.3 Million Fraud In US
A Nigerian man has been sentenced to four years in prison for defrauding the United States government up to $ million Medicare charges. Ayodeji Fatunmbi was found…
MFM’s 30th Anniversary Convention Kicks off at Prayer City
The special international convention to mark the 30th anniversary of Mountain of Fire and Miracles Ministries (MFM) kicked off on Friday evening at the church’s popular Prayer City…
Zenith Bank Appoints Henry Oroh ED, A-Mujtaba Abubakar Independent Non-ED
The Board of Directors of Zenith Bank Plc has approved the appointment of Mr. Henry Oroh as Executive Director of the bank. The appointment is consistent with…