The African Export-Import Bank has announced that the total assets of the group grew by 13.4 per cent from $19.3 billion as at 31 December 2020 to about $22 billion as at 31 December 2021. In the report of the consolidated financial statements of the bank and its wholly owned subsidiaries released yesterday, the bank said the growth in assets …
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The latest figures on Nigeria’s power grid performance released on Tuesday showed that the quantum of electricity generated on the grid had continued to fluctuate, as it fell by 903 megawatts on Monday, April 18, 2022. Nigeria’s electricity grid has been characterised by some sort of instability lately, witnessing about four different grid collapses in less than two months. A …
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The Federal Competition and Consumer Protection Commission (FCCPC), has called on Distribution Companies (DisCos) to respect the rights of electricity consumers. The Commission also urged the companies to be mindful of their commitments to customers in this period of severe electricity shortages and customer dissatisfaction. The Commission in its official Twitter handle @fccpcnigeria displayed some copies of consumer rights under …
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Air Peace says it has relocated all its international flight operations from the old Terminal One to newly inaugurated Terminal 2 of the Murtala Muhammed International Airport, Lagos. Its spokesperson, Mr Stanley Olisa said this in a statement in Lagos on Tuesday. He said that with this, the airline becomes the first to operate a flight from the newly commissioned …
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Sterling Bank Plc is under fire for putting up a post that compared the resurrection of Jesus Christ to the rise of Agege bread on its social media page and subscribers’ mail. In its Easter celebration messages, the bank shared a post with the quote, “Like Agege Bread, He Rose” across its social media handles, but the message has drawn …
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Senate President, Dr Ahmad Ibrahim Lawan, on Tuesday, warned Multichoice Nigeria not to dare Nigeria by going ahead to hike the tariffs of its products while the matter is yet being investigated. The Senate President said no foreign country under any guise should take Nigeria for granted. His stern warning was at the backdrop of complaints lodged at the upper …
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The economic crisis in the country has left a lot of Nigerians frustrated, hopeless and helpless. As a result, many citizens turn to banks and other money lending firms to collect loan for survival. While some banks offer genuine financial assistance with considerable interest rates and repayment methods, others are just like preys that milk their ‘victims’ dry. One of …
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No less than 101 parcels of Cocaine concealed in eight children duvets have been intercepted by operatives of the National Drug Law Enforcement Agency, NDLEA, at the Murtala Muhammed International Airport, MMIA, Ikeja, Lagos. According to a signed statement by Femi Babafemi, NDLEA Director, Media & Advocacy and made available to the National Association of Online Security Reporters, NAOSRE, the …
Continue ReadingThe Federal Ministry of Power has revealed the reason behind the recent collapse of the national electricity grid. In a statement signed by the media aide, Isa Sanusi, on behalf of the Minister of Power, Abubakar Aliyu, on Saturday, the ministry disclosed that vandals had caused a disruption on the transmission tower between Akwa Ibom and Cross River. The national …
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L-r: Chief of Staff to the President ,Prof. David O. Alao, Head Innovation, WEMA Bank, Solomon O. Ayodele, (Ph.D) President/Vice-chancellor ,Prof. Ademola S. Tayo, VP (Student Development),Dr. Sunday Audu at the Hackaholics3.0 event which held in Babcock University.
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