August 3, 2021
  • August 3, 2021

Articles Posted by Editor

Govt agencies, ministries owe Ikeja Electric N70.97 Bln debt

by on July 31, 2021 0

Ikeja Electric (IE) Plc is reeking under the weight of N70.97 billion debt owed to the company by its customers, according to its Chief Marketing Officer (CMO). According to the electricity company CMO, Ugo Obi-Chukwu, tthe bulk of the debt are owed by Ministries, Departments and Agencies (MDAs) of the government. Obi-Chukwu, who said this […]

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UPDATE: EFCC grants Saraki bail after interrogations

by on July 31, 2021 0

The Economic and Financial Crimes Commissiin (EFCC) has released the immediate past president of the Senate, Bukola Saraki on Saturday after he undergone interogation from the operatives of the commission. Saraki was said to have honoured an invitation from the anti-graft agency and was quizzed by the operatives of the commission for some hours before […]

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EFCC quizzes Ex-Senate President, Saraki, may spend weekend with agency

by on July 31, 2021 0

Nigeria’s former president of the Senate, Bukola Saraki has been detained by the Economic and Financial Crimes Commission (EFCC) after he honoured the invitation of the commission on Saturday. According to operatives of the anti-graft agency, the ex-Governor of Kwara State is said to be undergoing interrogation at the commission’s headquarters in Abuja. An official […]

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An Abuja Court stops AMCON board appointment for NICON, Nigeria Re

by on July 31, 2021 0

An Abuja Federal High Court has issued a restraining order against the Assets Management Corporation of Nigeria (AMCON) from reconstituting or appointing board and management for NICON Insurance owned by businessman Jimoh Ibrahim. The interim order was sequel to a Ex Parte Motion filed by Jimoh Ibrahim and NICON Investment Limited and others against the […]

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OPEC July oil output hits 15-month high as demand recovers

by on July 31, 2021 0

OPEC oil output rose in July to its highest since April 2020, a Reuters survey found, as the group further eased production curbs under a pact with its allies and top exporter Saudi Arabia phased out a voluntary supply cut. The Organization of the Petroleum Exporting Countries (OPEC) has pumped 26.72 million barrels per day […]

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Ecobank assures retail forex customers easy access to dollars

by on July 31, 2021 0

Ecobank Nigeria has assured its customers that the bank has put in place every arrangement for the implementation of the foreign exchange policy issued by Central Bank of Nigeria (CBN). The bank in an email to its customers indicated that all its branches had been put on notice to ensure smooth forex sales to eligible […]

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