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Why NBC Suspends AIT, Raypower
The National Broadcasting Commission (NBC) yesterday suspended the licence of Daar Communications, the parent body of Africa Independent Television (AIT) and Ray Power for failure to abide by…
DRP Revokes Pan Ocean, 5 Others Oil License
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence (OPL) belonging to five companies. In a public notice…
Textile Sector Revamp: CBN Engages 100,000 Farmers
By Ngozi Onyeakusi--- The Central Bank of Nigeria (CBN) has sealed a deal with the National Cotton Association of Nigeria to engage 100,000 Cotton farmers…
Yul Edochie Survives “Terrible” Car Crash
Popular Nollywood Actor, Yul Edochie, has miraculously survived a major road accident on a recent trip to the East. He made this known through his…
Germany Invests €2m In Nigeria’s Rice Production
By Ngozi Onyeakusi -- The German Government, with support from the Bill and Mellinda Gates Foundation, has provided two million Euros for implementation of the second phase…
Oando Saga: Operators Seek FG Intervention, Laud SEC’s Audit Outcome
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc. They…
SEC Bars Oando CEO Wale Tinubu from being Director in Public Firms for Five Years
The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of the affected Board members, and also barred…
FirstBank demystifying financial inclusion with XploreFirst
By News Agency of Nigeria (NAN) Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a…
Senate opposes planned downgrade of Enugu Airport
The Senate on Thursday asked the federal government to stop the planned downgrade of the Akanu Ibiam International Airport, Enugu. The upper also urged the government to…
