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Nigeria Electricity Market Stabilisation Funds

NERC suspends Ibadan DisCo directors over N6 billion loan

The Nigerian Electricity Regulatory Commission (NERC) has suspended the board of directors of Ibadan Electricity Distribution Company (IBEDC) over a N6bn “inappropriate” loan to its core investor.

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Court voids sack of Unity Bank director

The National Industrial Court, sitting in Ikoyi, Lagos State on Monday voided the termination of employment of Arese Alonge, declaring her a subsisting Executive Director of Unity Bank.

US consulate trains Nigerian defence journalists on national security, military reportage

The United States Consulate in Nigeria on Monday in Lagos began a three-day training for defence journalists on national security and military reportage.
Ekiti State Governor, Mr. Ayodele Fayose

PDP alleges EFCC plot to detain Ayodele Fayose indefinitely

The Peoples Democratic Party (PDP) has alleged that the Presidency has directed the Economic and Financial Crimes Commission (EFCC) to incarcerate, indefinitely, the outgoing governor of Ekiti State, Mr. Ayodele Fayose.

Oby Ezekwesili: How I plan to turn around distressed economy

The Presidential Candidate of the Allied Congress Party of Nigeria (ACPN), Mrs. Oby Ezekwesili, yesterday in Lagos outlined her economic agenda with a vow that, Nigerians would experience change within her 100 days in office

Oby Ezekwesili asks federal government not to float $2.8 billion Eurobond

A former Vice-President (Africa) of World Bank, Oby Ezekwesili, has advised the Federal Government to suspend its plan to raise $2.8 billion in Eurobond to fund the 2018 budget.