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    9mobile to provide toll-free emergency lines to corps members

    Mobile Telecommunications company, 9mobile, has offered to provide a toll-free emergency lines for the National Youth Service Corps. Its Executive Director in charge of Regulatory and Corporate Affairs, Abdulrahman Ado, disclosed this during a visit to the NYSC Director-General, Brigadier General Shuaibu Ibrahim, in Abuja. In a statement by NYSC's Director of Press and Public...

    • 34 min ago
  • Business

    SEC Vs Oando: Court adjourns to July 22

    A Federal High Court sitting in Lagos has adjourned till fixed July 22 for the hearing of the substantive suit brought by two chief executive officers of Oando Plc, seeking enforcement of their rights. The court also fixed July 4th to hear arguments on the motion for consolidation. At the resumed hearing, Mr. Yele Delano (SAN) announced appearance for Oando and expressed the company's intention to be...

    • 3 hrs ago
  • Business

    PenCom primes workers in FCT, Niger for retirement

    The National Pension Commission (PenCom) on Monday held a pre-retirement workshop for prospective retirees in the Federal Capital Territory (FCT) and Niger states who will be retiring in the year 2020 under the Contributory Pension Scheme (CPS) from the public service. The Acting Director-General of PenCom, Mrs. Aisha Dahir-Umar, in her opening remark at the pre-retirement workshop in Abuja,...

    • 3 hrs ago
  • Business News

    Nigeria external reserves stand at $45bn as at June - CBN

    Abuja - The Central Bank of Nigeria (CBN) says the country's external reserves now stand at 45 billion dollars as at June, 2019.The CBN Governor, Mr Godwin Emefiele, disclosed this while reeling out the policy road map for his five years second term in Abuja on Monday. Emefiele said the bank put all necessary measure to ensure the steady growth of the country's external...

    • 3 hrs ago
  • Business News

    CBN says 1m small holder farmers accessed finance through anchor borrowers

    Abuja - The Central Bank of Nigeria (CBN), said more than one million smallholders farmers had access to finance through its Anchor Borrowers Programme. Emefiele said this while reeling out the policy road map for his second tenure of five years in Abuja on Monday. He explained that the bank made serious efforts to improve cultivation of agricultural commodities such as...

    • 3 hrs ago
  • News

    Oando seeks to join Tinubu's suit against SEC

    Oando Plc on Monday urged the Federal High Court in Lagos to join it in a suit filed by its Group Chief Executive Officer Wale Tinubu and his deputy Mr Omamofe Boyo against the Securities and Exchange Commission (SEC). Tinubu and Boyo are challenging SEC's decision to remove them from office, impose a fine on Tinubu and bar them from being directors of public companies for five years....

    • 4 hrs ago
  • News

    Updated: FG inaugurates SEC Board with Lijadu as Chairman

    The Federal Government on Monday inaugurated the newly re-constituted Board of the Securities and Exchange Commission, SEC. The investiture which was conducted by the Permanent Secretary of the Federal Ministry of Finance, Alhaji. Mahmoud Isa-Dutse, in Abuja will have Mr. Olufemi Lijadu as Chairman of the Board of the Commission. Lijadu, who hails from Ogun state, and is a leading...

    • 5 hrs ago
  • Business

    Can oil resumption in Ogoni happen without war? (2)

    Was the clean-up a Greek gift? President Muhammadu Buhari's announcement of his administration's decision to implement the environmental clean-up caused great euphoria across Ogoniland. It was nonetheless accepted with caution if not skepticism by some people. Many Ogonis thought of it as a Greek gift. The handling of the clean-up exercise coupled with the opaque operations of...

    • 5 hrs ago
  • Business

    CBN to recapitalise commercial banks

    In the next five years, the Central Bank of Nigeria (CBN) says it will pursue a programme of recapitalising the banking industry to rank among the top 500 banks in the world. CBN Governor Godwin Emefiele stated this on Tuesday in Abuja while unveiling his agenda for his second term in office. He lamented that the current capital base of commercial banks at N25 billion had weakened substantially. According to...

    • 6 hrs ago
  • Business News

    2 ATM customers' robbers nabbed in Ogun

    By Daud Olatunji A BEOKUTA-Men of Ogun State Police Command have arrested two suspected members of a syndicate that specialised in robbing people of money withdrawn from Automated Teller Machines, ATM. The Police Public Relations Officer in the state, Abimbola Oyeyemi, stated yesterday that "their mode of operations is to lurk around banks, observe those who will withdraw substantial amounts of...

    • 7 hrs ago

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