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Former minister of commerce and industry, Mahmud Tukur, has passed on.

Former minister Mahmud Tukur laid to rest in Yola

Dr. Mahmud Tukur, a former Minister of Commerce and Industry and the First Vice Chancellor of Bayero University Kano (BUK), who died in Abuja, on Friday, after a brief illness, has been buried in Yola, according to Islamic rites.
The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, on Monday restated the exchange’s commitment to the implementation of various initiatives aimed at promoting gender diversity and empowering women.

Oscar Onyema completes tenure as NSE chief

The Nigerian Stock Exchange says Oscar Onyema has completed his tenure as its chief executive officer after spending 10 years in the saddle.

DBN disbursement to MSMEs hits N191.7 billion

The Development Bank of Nigeria (DBN) Plc has stated that the total loans disbursed to small businesses had increased by 89 per cent to N191.7 billion in 2020 compared to N101.5 billion in 2019.
The Ibadan Electricity Distribution Company Plc (IBEDC) said it has begun the implementation of the revised service-based reflective tariff as approved by the Nigerian Electricity Regulatory Commission (NERC).

Easter: IBEDC assures customers of hitch-free services

The Management of Ibadan Electricity Distribution Company (IBEDC) Plc has assured customers across its network of its commitment to ensure quality services during the Easter break.

DBN disburses N191.7 billion in 2020 to SMEs

Development Bank of Nigeria (DBN) Plc, has disbursed N191.7bn to small- and medium-scale enterprises in 2020, representing 89 percent increase on the N101.5bn it disbursed in 2019.

Ikeja Electric: Why metering of customers is slow

Ikeja Electric (IE) Plc said that it had metered only some 24,000 customers under the National Mass Metering Programme (NNMP) of the Federal Government flagged off in October 2020.
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Telcos reject demand by banks for sim swap list

Telecommunication Companies have rejected the demand by Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) to submit lists of SIM Swap customers to Nigeria Interbank Settlement System (NIBSS) for watchlist against e-fraud.

IBEDC upgrades electronic billing platform, introduces bills on demand scheme

The Ibadan Electricity Distribution Company (IBEDC) Plc, says it has introduced another initiative to its electronic billing platform, which will enable customers to demand for their bills promptly and conveniently through SMS.
The stimulus package, set up by the apex bank in March 2020, is disbursed through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank.

NIRSAL partners NASENI on agriculture mechanisation

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has partnered the National Agency for Science and Engineering Infrastructure (NASENI) in a landmark initiative that is expected to create 110,000 jobs.

NAHCO challenges women on productivity, gives cash rewards

The Nigerian Aviation Handling Company (NAHCO) Plc recently celebrated its women on the occasion of the International Women’s Day 2021, with cash rewards.
Manchester United co-chairman Avram Glazer has put five million of his shares, with a value of around £70 million ($97m), up for sale.

Manchester United co-chair puts £70 million worth of shares up for sale

Manchester United co-chairman Avram Glazer has put five million of his shares, with a value of around £70 million ($97m), up for sale.

DBN: Optimising women’s potential will increase Nigeria’s GDP

Panelists at the second edition of Development Bank of Nigeria’s International Women’s Day Seminar have stated that failure to optimise the potential of women will affect the social and economic development of Nigeria.

Court refuses to unblock Shell’s bank accounts

Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos on Tuesday declined to vacate an interim injunction directing 20 banks to block Shell Petroleum Development Company of Nigeria (SPDC) and its subsidiaries’ bank accounts.
The Lagos Zonal Office of the Economic and Financial Crimes Commission, (EFCC) has secured the conviction of Temitope Oluwasanmi and Augustine Olayinka before Justice Mojisola Dada of a Special Offences Court, Lagos State High Court, Ikeja.

Banker, one other bag jail terms for N116 million fraud

The Lagos Zonal Office of the Economic and Financial Crimes Commission, (EFCC) has secured the conviction of Temitope Oluwasanmi and Augustine Olayinka before Justice Mojisola Dada of a Special Offences Court, Lagos State High Court, Ikeja.
The Okitipupa Oil Palm (OOP) Plc has embarked on some measures aimed at re-strategizing and putting the company on a solid footing to enable it respond effectively to emerging challenges and return it to its past leading role in the industry.

Oil palm firm re-strategises for optimal performance

The Okitipupa Oil Palm (OOP) Plc has embarked on some measures aimed at re-strategizing and putting the company on a solid footing to enable it respond effectively to emerging challenges and return it to its past leading role in the industry.
Shipping magnate Kola Karim has been tipped as a possible replacement of late businessman, Harry Akande who held the prestigious title Agbaoye of Ibadanland while he was alive.

Shoreline boss tipped to succeed late Harry Akande as Agbaoye of Ibadanland

Shipping magnate Kola Karim has been tipped as a possible replacement of late businessman, Harry Akande who held the prestigious title Agbaoye of Ibadanland while he was alive.

Ikeja Electric schedules all customers for metering under national mass metering programme

Ikeja Electric (IE) Plc says all unmetered customers under its business unit, have now been scheduled for metering under the National Mass Metering Programme (NMMP).
Seplat Petroleum Development Company

Seplat driving sustainability with growing gas business – chief

Seplat Petroleum Development Company Plc, leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.
The managing director-CEO of Sterling Bank Plc, Mr Abubakar Suleiman, has called for a review of Nigeria’s educational system so as to make it relevant to current and future human capital requirements in the country.

Nigerian bank chief calls for review of educational reforms

The managing director/CEO of Sterling Bank Plc, Mr Abubakar Suleiman, has called for a review of Nigeria’s educational system so as to make it relevant to current and future human capital requirements in the country.

Fidelity Bank Plc issues largest ticket Tier II local bonds in Nigeria

Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031.

Jigawa governor: Hajj savings scheme will boost MSMEs, financial discipline

The newly introduced Hajj Savings Scheme by the National Hajj Commission of Nigeria (NAHCON) in collaboration with State Muslim Pilgrims Welfare Boards and Jaiz Bank Plc will boost access to finance Micro, Small and Medium Enterprises (MSMEs), the Jigawa State Governor, Muhammad Abubakar, has said.

Major petroleum marketers advocate joint action to mitigate effects of petrol price hike

Marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have called for a joint action of stakeholders in the Nigeria economy to find ways to mitigate adverse effects of the imminent increase in the price of petrol.

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Deputy Speaker of the House of Representatives, Rt. Hon. Ahmed Idris Wase, has congratulated Vice President, Professor Yemi Osinbajo on his 64th birthday on Monday.

Nigerian government begins N140 billion solar rollout for 25 million residents

The federal government has begun the implementation of its plan to deliver electricity, through solar energy, to about 25 million Nigerians whose communities are off the national power grid. Vice President Yemi Osinbajo, who spoke during an event to mark the programme in Jangefe, Roni Local Government Area of Jigawa State, restated the determination of the President Muhammadu Buhari administration to give more Nigerians access to cheap and environmentally friendly renewable power.
UBA SANI

Kaduna NUJ honours Uba Sani with ‘outstanding senator’ award

The Nigeria Union of Journalists (NUJ) has bestowed on Senator Uba Sani (APC, Kaduna Central) the award of ‘Outstanding Senator’ in the 9th National Assembly, describing the lawmaker as the most ‘media-friendly’ in the North-West.
The Referee for yesterday’s match, Gil Manzano, has been facing a lot of criticism after his controversial decisions in yesterday’s El Clásico. The Spanish referee was not the first choice to officiate the very important tie. He was a replacement for Mateu Lahoz, who had to withdraw because of a muscle injury.

El Clasico: Gerard Pique dragged away by Barça delegate to avoid sanctions

The Referee for yesterday’s match, Gil Manzano, has been facing a lot of criticism after his controversial decisions in yesterday’s El Clásico. The Spanish referee was not the first choice to officiate the very important tie. He was a replacement for Mateu Lahoz, who had to withdraw because of a muscle injury.
FILE PHOTO - Armin Laschet, head of conservative Christian Democratic Union (CDU) party, gives a statement following a meeting with his party's leadership at the CDU headquarters in Berlin, Germany March 29, 2021. Tobias Schwarz-Pool via REUTERS

Merkel’s party chief wants quick decision on chancellor candidate as pressure mounts

The head of German Chancellor Angela Merkel’s conservatives, who wants to be their next candidate for chancellor in a September election, said on Sunday the party should make their choice of candidate very soon.

NUJ to partner British Council on training of journalists

The Federal Capital Territory Council of the Nigeria Union of Journalists (NUJ) is to collaborate with the British Council Media Hub (BCMH) on the training of journalists especially in the area of Presentation and Scrip Writing.

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FILE PHOTO - Anti-coup protesters burn a Chinese flag in Yangon, Myanmar April 5, 2021. REUTERS-Stringer

China in touch with ‘all parties’ in Myanmar – embassy

China’s embassy in Yangon said on Friday it had been in touch with “all parties” in military-ruled Myanmar, when asked about a report that a diplomat had spoken to a parallel government representing Aung San Suu Kyi’s ousted administration.
The National Publicity Secretary of Afenifere, Yinka Odumakin, said these in a statement entitled- ‘ACF hypocritical tears’, obtained by newsmen in Abuja.

CSO wants Nigeria to immortalise Yinka Odumakin

A civil society organisation, the Centre for Leadership and Justice, has expressed the need for Nigeria to immortalise the late human rights activist and spokesman of pan-Yoruba group, Afenifere, Yinka Odumakin.
Governor Seyi Makinde has said that he would make history in Oyo State to be the first governor to hand over to a successor

Southwest PDP Congress: Caretaker committee begs national leadership, Others over Oyo governor’s ‘threat’

The Peoples Democratic Party (PDP) South-West zonal caretaker committee has apologised to the party’s National Working Committee (NWC) over alleged threat and insult by the Oyo State governor, Seyi Makinde, over the planned zonal congress.

Northern leaders urged to support military to end insecurity

A group under the aegis of Northern Solidarity Forum (NSF), has urged political leaders in the region to support the efforts of the Armed Forces of Nigeria in tackling the security challenges by providing policies and programmes that will stop the youths adventure into different forms of criminality.
Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.

Nigerian government activates N240 billion AfDB facility for tech, creative sectors

In an unprecedented move to spur the entertainment, creativity and technology sectors in the country, the Buhari administration has now commenced the process that will pump the sectors with over 200B Nigeria in financing and investment set to take off by the end of the year.