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The Abuja Electricity Distribution Company has listed 27 Ministries, Departments and Agencies(MDAs) with unpaid electricity bills. The power company stated in a notice on Saturday that it will disconnect all clients who do not settle their debts by Monday, June 3. The customers include the Nigeria Army, Nigeria Airforce, Kogi State Government, and Niger State […]

Vice President Kashim Shettima has charged lawyers to remain steadfast in their defence of the rule of law, justice, and judicial autonomy, describing these principles as essential to sustaining democratic ideals. Shettima gave the charge in his keynote address titled: “Justice, truth and our divergent pursuits of the Ideal political system”, delivered at the 30th […]

Dr. Olukayode Ajulo, the Ondo State Attorney General and Commissioner for Justice, has cautioned Nigerians against disrespecting the New-Old Nigerian National Anthem. However, he fails to quote the specific section of the law that outlines the legal implications. As a concerned citizen and legal practitioner, Dr. Ajulo expressed dismay at the recent commentary from certain […]

The Branch Controller (Ekiti) of West African Examinations Council (WAEC), Mrs T.A.Y. Lawson has stated that the nationwide strike set to begin on Monday will not interfere with the examinations throughout the country. This was contained in a letter to principals and school proprietors in Ekiti State titled: “Notice of commencement of indefinite strike by […]

Nigerian Exchange Rallies, Investors Gain N13.8 Billion Equities investors saw about N13.8 billion in gain from bucket of stocks traded on the Nigerian Exchange (NGX) of Friday. Due to sustained rally spanning five trading session, market capitalisation has surged by about N1 trillion in the week, Buying interest in bellwether stocks lifted market performance indicators […]

Airport Concession: Aviation Professionals advise Keyamo on Existing Agreement Mr Alale Adedayo, President General, Association of Nigeria Aviation Professionals (ANAP), the former President General, Dr Kabir Gusau and his Wife at the Handing over on Friday in Lagos.  The Association of Nigeria Aviation Professionals (ANAP) has urged the Ministry of Aviation and Aerospace Development to […]

Cash Transfer: 138,015 Households to Get N25K/Month in Nasarawa No fewer than 138,015 vulnerable households in Nasarawa State are targeted to benefit from the Renewed Hope Cash Transfer programme of the Federal Government (FG). Mrs Rhoda Agbawu, the Nasarawa State Programme Manager of The Renewed Hope Conditional Cash Transfer Office, said this on Friday in […]

World Bank, IMF Deepen Joint Effort to Scale Up Climate Action The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation through an enhanced framework to help countries scale up action to confront the threat of climate change. In a statement, the multilateral lenders said the collaboration will provide critical […]

JEDC Spends N7.29bn on Prepaid Meters – MD Mr Abdu-Bello Mohammed, Managing Director (MD), Jos Electricity Distribution Company (JEDC), says that the company had procured prepaid metres at N7.29 billion between August 2020 and April 2024. Mohammed stated this during a one-day Information Session, organised by the Association of Nigerian Electricity Distributors (ANED) with JEDC […]

Oando, Nestle, Banking Names Drive Midday Gain on NGX Buying interest in Oando Plc, Nestle Nigeria, banking names, and other supporting stocks is pushing the market capitalisation of the Nigerian bourse upward. The latest rally in the stock market has been boosted by dividend payment expectations and overall positive expectations in the Lagos bourse. In […]

Oil Slumps Despite Positive US Demand Outlook Despite a significant reduction in US stockpiles, as indicated by the Energy Information Administration’s (EIA) most recent report, crude oil prices continued to fall on Friday. Brent crude dropped by 0.06% to $81.83 per barrel from the closing price of $81.88 per barrel in the previous trading session. […]

Access Bank Controls 17% of Nigerian Banking Assets –Fitch Access Bank controls 17% of Nigerian banking assets in 2023, details from latest ratings note by Fitch showed. In its latest credit rating update, Fitch Ratings said it has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a positive outlook. Also, Fitch […]