Minister task DisCos on innovative metering

Electricity Distribution Companies operating in the country have been asked to embrace innovative ways of metering so as to significantly reduce the number of unmetered customers in the system.

The Minister of Power, Works and Housing, Babatunde Fashola, gave the charge at the seco [...]

Fri, 16 November 2018


SEC extends deadline for consolidation of shareholders’ multiple accounts

The Securities and Exchange Commission, SEC, has extended the deadline for consolidation of multiple accounts into one account, to December 31, 2019 from the December 31, 2018 initial deadline.

This, the Commission said is to allow more investors to embrace the initiative aimed at reducing uncl [...]

Fri, 16 November 2018


10 banks lose N10.53bn in fraudulent transactions in 2017 - NDIC

At least N10.53billion out of a total of N12.01billion fraud recorded in the banking sector in 2017 were reportedly carried-out in ten banks.

The latest annual report of the banking sector prepared by the Nigeria Deposit Insurance Corporation, NDIC, shows that, ten banks accounted for about 87. [...]

Fri, 16 November 2018


“Fraud, poor management, crippled Skye Bank”

Poor corporate governance, insider abuse and banking malpractices, were identified as some of the reasons that led to the collapse of Skye Bank Plc.

A risk assessment and forensic investigation reports by the Nigeria Deposit Insurance Corporation, NDIC, identified some of the malpractices that [...]

Fri, 16 November 2018


Investment: FCT accounts for 26% of $73.08bn in 3 quarters

Nigeria’s capital city, Abuja, is said to be the biggest beneficiary of the $73.08billion worth of proposed investment in 18 states and the FCT during the first 3 quarters of 2018.

The Abuja Inquirer, last week, reported that investors have announced to spend $73.08 billion to execute 65 [...]

Fri, 16 November 2018


Nigeria, Lebanon to sign bilateral education agreement

Nigeria and Lebanon are to sign a Bilateral Education Agreement, BEA, which will ensure exchange of scholarships for Nigerian and Lebanese students to study in both countries.

Minister of Education, Malam Adamu Adamu, stated this in Abuja when the Lebanese Ambassador to Nigeria, Houssam Diab, p [...]

Fri, 16 November 2018


NECO shifts Nov/Dec school certificate exams

The National Examinations Council, NECO, has shifted its November/December 2018 Senior Secondary Certificate Examination, SSCE, to November 19.

Acting Registrar of NECO, Mr Abubakar Gana, who made the announcement in a statement available to newsmen in Abuja, said the exam had earlier been sche [...]

Fri, 16 November 2018


TETFund responsible for 70% of infrastructure in tertiary institutions

Nearly 70 per cent of infrastructures in public tertiary institutions are built by the Tertiary Education Trust Fund TETFund, the Minister of Education, Malam Adamu Adamu, has said.

Adamu, who stated this during the study tour of the 32nd Class of the National Institute for Policy and Strategic [...]

Fri, 16 November 2018


Search

Latest posts

PhotoMinister task DisCos on innovative metering

Electricity Distribution Companies operating in the country have been asked to embrace innovative ways of metering so as to significan [...]

16 November 2018

PhotoSEC extends deadline for consolidation of shareholders’ multiple accounts

The Securities and Exchange Commission, SEC, has extended the deadline for consolidation of multiple accounts into one account, to December 31, 201 [...]

16 November 2018