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Central bank injects $311.5 million, CNY15 million into retail forex market

The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.

UNDP, Sahara Group target energy access for 10 million African households

Access to energy received a boost yesterday, as the United Nations Development Programme (UNDP) and the Sahara Group unveiled the Africa Renewable Energy Forum to boost access to sustainable energy for 10 million households in Africa through alternative energy initiatives and interventions.

KEDCO threatens legal action against customers over assault of staffs

The management of Kano Electricity Distribution Company, KEDCO, has threatened to take legal action against any customers found assaulting it staff while on official duties – distribution of electricity bills and collections of payments.

Federal government gets bashing for not disclosing Enugu airport project sum, contractor, closure period

Players in the Nigerian aviation industry have expressed disapproval over the failure of the Federal Government to disclose the contractors handling the construction of the runway of the Akanu Ibiam International Airport (AIIA), Enugu.

CAFEi urges CBN to extend deadline for mutilated notes return

Otunba ‘Debola Osibogun, CAFEi President, said in Lagos on Sunday that extension of the deadline would give room for more people to key into the initiative.
Nigerian Stock Exchange NSE

NSE begins entry for annual essay

The Nigerian Stock Exchange (NSE) on Thursday announced the commencement of entry period for the 2019 edition its annual NSE Essay Competition.

NIMC extends NIN enrolment to Nigerians in Austria, Germany

The National Identity Management Commission (NIMC), has concluded plans to extend National Identification Number (NIN) enrolment to Nigerians in the Diaspora, who are residing in Austria and Germany.

Official: Eko Disco inaugurates 18 intervention projects in six months

The Eko Electricity Distribution Company (EKEDC) on Friday said it had inaugurated 18 intervention projects between February and July 2019.

Akwa Ibom youths protest lack of electricity, barricade power station

Angry youths from Itu Local Government Area of Akwa Ibom State have protested lack of public electricity supply to their communities, as they barricaded the Afaha Ube power transmission station, preventing workers access into the premises.

Ecobank appoints Nana Abban as consumer banking chief

Ecobank Transnational Incorporated (ETI) has appointed Nana Araba Abban as Group Head, Consumer Banking with immediate effect.

AMCON takes over steel firm over N3.6 billion debt

Asset Management Corporation of Nigeria, AMCON, said weekend it has taken over Bao Yao Futurlex Iron & Steel Company Limited in Abuja and Bao Yao Huan Jian Iron & Steel, Calabar, Cross River State, due to failure to repay N3.6 billion debt.

Abuja Disco automates customers contact centre

Abuja Electricity Distribution Company (AEDC) has upgraded its customer contact centre with automated interactive multi-channel plaforms for improved service delivery.

FirstBank takes corporate responsibility to six geopolitical zones

First Bank of Nigeria, the nation’s premier financial institution, says that the third edition of its Corporate Responsibility & Sustainability (CR&S) will kick off on July 1 to July 6.
President Muhammadu Buhari on Thursday met behind closed doors with the Liberian President, George Weah.

Workers task President Buhari on pension payments

Some Federal Government workers on Monday urged President Muhammadu Buhari to give priority to timely payment of pensions and gratuities to retirees.

Captain Muye appointed as FAAN’s director of airport operations

The Federal Government has appointed Capt. Mukhtar Yusuf Muye as the Director of Airport Operations (DAO) of the Federal Airports Authority of Nigeria (FAAN).

KEDCO urges staff to be more committed to meet N4 billion monthly target

The Kano Electricity Distribution Company (KEDCO) has urged all its staff to be more dedicated and committed for the company to meet up with the N4 billion monthly collection target.

EKEDC promises uninterrupted power supply during Eid-el-Fitr

Eko Electricity Distribution Company (EKEDC) has promised uninterrupted power supply within its operational territory during the Eid-el-Fitr holidays.

KEDCO appoints new head of corporate communication

The management of Kano Electricity Distribution Company (KEDCO) has appointed Ibrahim Shawai as its new head of corporate communication.

Recent Stories

Conservative academic Kais Saied Sunday won a landslide victory in Tunisia’s presidential runoff, sweeping aside his rival, media magnate Nabil Karoui, state television Wataniya said.

Academic wins Tunisia presidential poll by a landslide

Conservative academic Kais Saied Sunday won a landslide victory in Tunisia’s presidential runoff, sweeping aside his rival, media magnate Nabil Karoui, state television Wataniya said.
Football fans have hailed the performance of Joe Aribo in Nigeria’s 1-1 draw against Brazil in Sunday’s international friendly in Singapore.

Super Eagles showed they can face world’s best with Brazil draw – football enthusiasts

Some football enthusiasts on Sunday described as commendable the performance of the Super Eagles against Brazil, saying the team showed it can play against the best in the world.
Leader of Poland’s ruling Law and Justice (PiS) party, Jaroslaw Kaczynski addreses supporters after the first exit polls during the party’s electoral evening in Warsaw, Poland, on October 13, 2019. – Poland’s governing right-wing Law and Justice (PiS) party won the general election in Poland, expanding its majority, according to an exit poll by the Ipsos institute. (Photo by Wojtek RADWANSKI / AFP)

Populists top Poland vote, expand majority on welfare, family values

Poland’s governing right-wing party took the lead in Sunday’s general election, an exit poll showed, expanding its majority thanks to a raft of welfare measures coupled with attacks on LGBT rights and Western values.
New Katsina United captain Usman Barau has stated he would stick with the Changi Boys despite the interest being shown in his services by a handful of other Nigeria Professional Football League (NPFL) clubs.

Usman Barau declines Enyimba transfer offer to stay with Katsina United

New Katsina United captain Usman Barau has stated he would stick with the Changi Boys despite the interest being shown in his services by a handful of other Nigeria Professional Football League (NPFL) clubs.
Stuart Pearce

Former Manchester City boss urges Phil Foden to leave over lack of game time

Former Manchester City boss Stuart Pearce has urged Phil Foden to leave the club in January in a bid to find first team football.