Browsing: Business

The Director, Trade and Exchange Department of the CBN, W. J. Kanya, revealed this in a letter obtained on Monday.

Special Adviser to the President on Policy and Coordination, Hadiza Bala-Usman, launched the App in Abuja on Monday.

The Founder of Tony Elumelu Foundation said this on X on Monday after a user raised the issue of the local league. 

Its Chief Commercial Officer, Arun Raj, said this on Monday at a meeting with its business partners and major distributors.

The Company Secretary, Michael Otu, said this in the bank’s audited results for the year ended December 31, 2023.

The Group reported profit before tax of N609.3 billion, representing an increase of 184.5 percent over N214.2 billion recorded in the corresponding year ended December 2023.

The Central Bank of Nigeria made this known in a memo addressed to all banks in the country, dated April 8, 2024.

The conference aims to introduce 15 Unicorn Companies to the Nigerian Economy amid other benefits to the country.

The Binance Executive was arraigned by the EFCC on five-count charge before Justice Emeka Nwite on Monday.

Justice Oshodi remanded Emefiele in the custody of the Economic and Financial Crimes Commission, his prosecutor.

Globacom said that the two products have been developed to ensure this category of customers get the best services.

The rift came into the open when who between Dr. Tinuade Sanda and Rekhiat Momoh is the MD/CEO of the company.

The initiative by the global bank is aimed at enhancing satisfaction and swiftly addressing all disputes by its customers.

According to the list, Abuja Electricity Distribution Company has the highest number of consumers under Band A, while Yola Electricity Distribution Company has the lowest.

He spoke during a Ministerial Press Briefing Series that featured the Ministry of Power at the National Press Centre, Abuja.

Olubunmi Odesanya, Lagos State Publicity Secretary of the party, said this in an interview with the News Agency of Nigeria.

This was contained in a document Abba Terab, the DGM, Market Competition and Rates for the commission and made available on Saturday in Lagos.

The presidential candidate of the Peoples Democratic Party in the 2023 polls, said this in a statement he personally signed.

It said this was one of the reasons it had to jerk electricity tariff for those who are on Band A supply from April 4, 2024.

The Economic and Financial Crimes Commission is considering challenging the ruling of a Federal Capital Territory High Court, which dismissed the suit against a former Attorney General of the Federation and Minister of Justice, Mohammed Adoke, over alleged fraud in OPL 245, popularly referred to as Malabu oil deal.

The FCT High Court sitting in Jabi area of Abuja had on March 28, 2024 cleared Adoke of any wrongdoing in the deal.

However, the EFCC in a statement on Friday said it was undertaking a review of the development around the Malabu OPL 245 fraud case.

The statement, signed by the spokesman of the anti-graft agency, Dele Oyewale, said the review centred around the dismissal of the charges against Adoke and the conduct of the prosecuting counsel, Offem Uket.

Oyewale said: “The review will entail exploration of the option of appeal and possible change of counsel in view of the Commission’s dissatisfaction with the handling of the case by Uket.

“Nevertheless, this intention has no nexus whatsoever to the spew of speculations imputing compromise by parties to the charge, currently making the rounds in some sections of the media.

“EFCC is not obliged to embrace such narratives as it neither accused any of the parties of any unsavoury conduct nor made any conclusive statements about any investigation on the matter.”

The statement admonished the public to “ignore effusions of mischief makers on the matter and await the next course of actions”.