FCT water board records over N100m monthly revenue

The General Manager of FCT Water Board, Engr. Aliyu Nahuche, has revealed that the revenue collection of the water board has increased geometrically with a monthly revenue of over N100million.

He also added that the Abuja comprehensive water project for the Abaji Area Council has reached 98 per [...]

Fri, 16 November 2018


FCTA, market group target 1000 persons for free medical care

The Minister of the Federal Capital Territory, Malam Muhammad Bello, has reiterated his support for laudable projects aimed at building a healthy population and sensitising the people on government policies and programmes, as traders target 1000 persons for free medical care. 

Bello stated [...]

Fri, 16 November 2018


AEA trains 500 residents on digital skills

No fewer than five hundred residents of the Federal Capital Territory have been trained by the Abuja Enterprise Agency, AEA, on digital skills, to enable them effectively maximize the digital space. 

The beneficiaries were drawn from all walks of life, ranging from the media, micro, small [...]

Fri, 16 November 2018


Jabi building collapse: Panel recommends overhaul of Dev’t Control

The investigative panel set up by the FCT Administration to unravel the remote causes of Jabi building collapse, has recommended a total overhaul of the Department of Development Control, with a view to strengthening its institutional framework to cope with the ever increasing development in the terri [...]

Fri, 16 November 2018


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


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PhotoAlleged money drop-off by police chopper: Timi Frank wants IGP to resign

Former Deputy National Publicity Secretary of the All Progressives Congress, APC, Comrade Timi Frank, has called on the Inspector General of Police [...]

17 November 2018

PhotoN40bn loan: We Did Not Grant Fresh Approval - Benue Assembly

Benue State House of Assembly has denied granting fresh approval to Governor Samuel Ortom to obtain another N40 billion loan.

Spokesperson o [...]

17 November 2018