Archives for October, 2022 - Page 9
2023 Elections: LASAA Promises Level Playing Ground, Warns Against Lawlessness
By Ngozi Onyeakusi---As political campaigns begin ahead of the 2023 general elections, the Lagos State Signage and Advertisements Agency (LASAA) has promised to ensure a level-playing ground for all political…
Fidelity Bank Redeems $400m Eurobond Notes
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi---Fidelity Bank Plc. has announced the redemption of the $400,000, Eurobond Notes due October 17, 2022. On October 17, 2017, the bank successfully…
NCC Disowns Circulating “Certificate of Site Ownership for Mass Transmission Antenna”
The Nigerian Communications Commission (NCC) has discovered, through social listening and environmental surveillance that a fraudulent letter, titled: “Certificate of Site Ownership”, for clearance of “Mast Transmission Antenna”, are being…
Food Supply, FX Crises Worsen As Nigeria Inflation Hits 20.77%,
By Ngozi Onyeakusi---National Bureau of Statistics has disclosed that Nigeria’s Inflation has soared as high as per cent in September as food supply, foreign exchange crisis, and increases in…
Oil Theft: NNPC hails Tompolo over busting of Illegal loading points in Delta
NNPCL logo Members of the newly established coastal areas pipeline surveillance team, Tantita Security Services Nigeria Limited (TSSNL), at the weekend intensified its search for illegal bunkering locations with the…
Despite Epileptic Power Supply, Banks’ Credit to Energy Sector Hits N15.55trn
Naira Against the backdrop of worsening power supply in Nigeria, Deposit Money Banks’ (DMBs) credit to the power and energy sector increased to between 2019 and 2021, the National Bureau…
NBS: States Raked in N5.10 Trillion IGR in Three Years
The 36 states of the federation including the Federal Capital Territory (FCT) generated a total sum of trillion in Internally Generated Revenue (IGR) between 2019, 2020, and 2021, according to…
Buhari budgets N248bn for Lagos-Ibadan Expressway, roads
The Federal Government has earmarked for the construction, maintenance and rehabilitation of ongoing road projects nationwide. This was revealed after an analysis of the 2023 appropriation bill presented by…
Jubiliation As Sanwo-Olu Increases Students’Bursary By 100%
Sanwo-Olu By Ngozi Onyeakusi---Lagos State Governor, Babajide Sanwo-Olu has approved an increment of 100 per cent on bursary payable to students of Lagos State origin in tertiary institutions across the…
Fraud Allegation: Ayu admits collecting N100m, not N1bn… *Says it’s for renovation of PDP institute, not bribe
Ayu and Wike The National Chairman of the Peoples Democratic Party (PDP) Iyorchia Ayu has denied allegations by the Rivers State governor Nyesom Wike that he collected N1 billion from…