(Full List) CBN Revokes Licences Of Microfinance Banks, Financial Institutions
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The revocation exercise was disclosed in the official gazette of the…
TCN Loses 9 Towers Due To Activities Of Vandals, Power Supply Disrupted
The Transmission Company Of Nigeria (TCN) has lost nine towers, from tower 56 to tower 65 along the Papalanto/Abeokuta 132KV transmission line, leading to the disruption of power supply in parts of Ogun State. The towers collapsed due to the…
Sustained Project Implementation: TCN Boosts Bulk Power Transmission Through Kano Region
The Transmission Company of Nigeria (TCN) has made undeniable efforts in achieving improved bulk power transmission to the distribution load centers within its Kano Region through continued and sustained project implementation. The TCN’s General Manager, Public Affairs, Ndidi Mbah, in…
TAJBank Unveils Osita Iheme (Pawpaw), Saratu Daso As Brand Ambassadors
Star Nollywood actor Osita Iheme (popularly known as Pawpaw) and Saratu Daso have been named as brand ambassadors of TAJBank Limited. The management of the Nigeria’s leading non-interest banking services provider made this known during the brand ambassadors’ presentation at…
How May Day Assault On Imo Workers Caused Current Electricity Supply Loss – EEDC Explains
The Enugu Electricity Distribution Company PLC (EEDC) has explained the ongoing loss of electricity supply in Imo State, detailing how assault on the state workers on May Day led to the ugly experience. EEDC in a statement informed her esteemed…
16 Months’ Severance Pay: FG To Verify PHCN Ex-Staff
Nigeria’s Bureau of Public Enterprises (BPE) has announced readiness to commence a verification exercise for the payment of the agreed 16-month severance benefits to the bonafide ex-staff of the defunct Power Holding Company of Nigeria (PHCN). BPE said in a…
Minister Reveals Nigeria Air To Begin Operations Before May 29
Federal Government of Nigeria has disclosed that its proposed national carrier, Nigeria Air, is to commence full operations before the end of the administration of President Muhammadu Buhari. The Minister of Aviation, Hadi Sirika made the revelation at an aviation…
Isa Abdulmumin Replaces Osita Nwanisobi As CBN Spokesman
The Central Bank of Nigeria (CBN) has appointed Dr Isa Abdulmumin as the Acting Director, Corporate Communications Department. Dr. Abdulmumin takes over from Mr Osita Nwanisobi, who has retired from the CBN. Until his appointment, Dr Abdulmumin was a Deputy…
Old Naira Swap Deadline: CNPP Slams APC, Discloses Why Party Is Using Supreme Court To Armt-wist CBN
The umbrella body of registered political parties and political associations in the country, Conference Of Nigeria Political Parties (CNPP) has declared the action of Governors of the All Progressives Congress (APC), “seeking to ambush the naira redesign policy of Central…
Netlify Acquires Gatsby Inc. to Accelerate Adoption of Composable Web Architectures
Netlify, the leading platform for modern web development, has announced that it has acquired Gatsby Inc., providers of an advanced cloud platform for web delivery and content orchestration, and creators of the open source framework Gatsby. The acquisition of Gatsby…
