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A thirty-member committee, with five members drawn from each of the six geo-political zones of the country, is expected to start work on the bill in the third week of this month, newsmen learnt, weekend.
A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case.
Despite weak sentiments, the Nigerian equities market closed positive last week as All Share Index (ASI) gain 0.58 per cent. Thus local bourse recorded its largest weekly gain in seven weeks.
Senator Uba Sani representing Kaduna Central, in the upper chamber, stated that he is elated by the passage of his Bill for an Act to Repeal the Banks and Other Financial Institutions Act 2004.
Mr David Famuyiwa, Executive Chairman of Agbado Oke-Odo Local Council Development Area (LCDA) in Lagos, has inaugurated the new Vice Chairman and Secretary to the LCDA (SLG) at the Council’s Secretariat to fill in the existing vacancies.
The House of Representatives has commenced investigations to identify and block revenue leakages that cost Nigeria in excess of $30 billion annually.
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that the federal government does not have the resources to deliver on development ambitions and the infrastructural projects it had committed to as a result of the economic downturn.
Polaris Bank plans to leverage its investment in cutting-edge information technology to harness emerging opportunities and mitigate the disruptive effect of the COVID-19 pandemic on its business.
The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, and the Kaduna State chapter of the Christian Association of Nigeria (CAN) have condemned the spate of killings in communities in Kajuru Local Government Area of the state.
The Senate on Tuesday received President Muhammadu Buhari’s request for the confirmation of Professor Jumai Audi, as a Chairman of the Nigerian Law Reform Commission.
Members of the organised private sector (OPS) and some analysts have hailed the plan by the federal government to further review downward the oil price benchmark in the 2020 budget to $20 per barrel.
The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has donated 12 trucks of food items worth N80 million for distribution as palliatives to the less privileged in Kaduna State.
Nigeria’s central bank has collected 1.4 trillion naira ($3.9 billion) from banks with excess cash holdings as part of measures to support the currency, banking sources told Reuters.
South Africa’s rand fell to its weakest in more than three weeks on Monday, as fears about the economic fallout from rising COVID-19 cases dented investors’ appetite for riskier assets.
Ligue 1 champions Paris Saint-Germain are reportedly set to challenge Liverpool in their pursuit of Bayern Munich star Thiago Alcantara.
Kasper Schmeichel is "as good as any goalkeeper in the Premier League", according to Mark Bosnich, who says the Leicester No 1 would be a "fantastic" signing for Manchester United.
The planned defection of the deputy governor of Ondo state, Hon Agboola Ajayi, to the Zenith Labour Party this week is generating heat within his People Democratic Party.
The Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) says those who got “emergency contracts” are scared of the ongoing forensic audit.
South Africa’s rand firmed against the dollar early on Wednesday, ahead of domestic consumer price inflation figures and the U.S. Federal Reserve’s monetary policy decision.
Barcelona should be making a new contract for Marc-Andre ter Stegen “one of their priorities this summer”, says Bojan Krkic, with the Liga giants told their German goalkeeper is deserving of a lucrative deal.
Arsenal’s latest offer for midfielder Thomas Partey and insisted they will not sell the Ghanaian international for less than his €50m (£45.5m) release clause.
Paul Pogba has hinted he expects to stay with Manchester United and play in the Champions League next season.
A Specialised Obstetrician and Gynaecologist, Dr Abosede Lewu, says some women with fibroids can experience painful sex, painful mensuration and other devastating symptoms.