The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its meeting on Monday retained its Monetary Policy Rate (MPC) which measures the interest rate at which the apex bank lends to commercial banks, at 12.5 per cent. It maintained that tightening the rate at this time could hinder expansion of affordable […]
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The Board of Directors of Fidelity Bank Plc yesterday announced the appointment of Mrs. Nneka Onyeali-Ikpe, the current Executive Director, Lagos and South-west Directorate, as the Managing Director/Chief Executive Officer (MD/CEO) designate. It also announced the impending retirement of the current MD/CEO of the bank, Mr. Nnamdi Okonkwo. A statement from the bank said Okonkwo […]
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The Senate has challenged the Minister of the Niger Delta Senator Godswill Akpabio, to name NDDC contractors beneficiaries among the National Assembly members. This is sequel to the Minister’s allegation at the House of Representatives Committee on NDDC probe of allegations of mismanagement and illegal spending by the commission, that the agency under his watch […]
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The Senate commenced an emergency closed session early on Tuesday ostensibly to discuss the outcome of the meeting between the President, Major General Muhammadu Buhari (retd.), and the presiding officers of the National Assembly last week Thursday. The closed session started immediately the red chamber resumed plenary on Tuesday. The Minority Leader of the Upper […]
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The Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, is set to be confirmed by the Senate for his reappointment by the President for another five-year term in office as the country’s chief telecoms regulator. This followed the acknowledgement of his outstanding performance in […]
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Lagos State Governor, Mr. Babajide Sanwo-Olu has approved an average of 46 per cent increase in fares on bus services in all the routes operated by Lagos Bus Services Limited (LBSL). The new increase takes effect on 1st August 2020. Making this known in a statement, Assistant Director, Corporate Communication of the Lagos Metropolitan Area […]
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Oyo State Government has disclosed its readiness to present students in the state for the West African Examination Council (WAEC) as well as other external examinations as the world prepared for post-COVID-19 realities. The Chairman, Oyo State Universal Basic Education Board (SUBEB), Dr Nureni Adeniran, said this in Ibadan on Monday, while leading members […]
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Minister of Niger Delta Affairs, Senator Godswill Akpabio, on Monday, accused the House of Representatives Committee investigating financial mismanagement in the Niger Delta Development Commission, of bullying him. The House is presently grilling Akpabio as the supervising minister of the NDDC. The investigative hearing is being held at the Conference Room 231 of the House. […]
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The Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, is set to be confirmed by the Senate for his reappointment by the President for another five-year term in office as the country’s chief telecoms regulator. This followed the acknowledgement of his outstanding performance in […]
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Heritage Bank plc, Nigeria’s most innovative banking service provider has upgraded its HB ‘Padie’ mobile application to HB ‘Padie’ 2.0, which comes with new improved features for convenient, quick, secure and affordable way for seamless 24/7 banking transaction. The HB ‘Padie’ 2.0 app has been redesigned and relaunched with new improved multi-functional feature and game-changing […]
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Ondo State police commissioner Mr Salami Bolaji, has warned all politicians with security aides or escort to steer clear of the venues of the parties’ primaries holding this week. The police commissioner gave the warning in a statement issued by the command’s Police Public Relations Officer, ASP Tee-Leo Ikoro, on Sunday in Akure. All Progressives […]
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Lagos State Governor, Mr. Babajide Sanwo-Olu has congratulated former governor of the old Western State and later Oyo State, retired General David Jemibewon on the occasion of his 80 years birthday celebration. Sanwo-Olu, in a statement signed by his Chief Press Secretary Mr. Gboyega Akosile described the former Minister of Police Affairs as an epitome […]
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