Category Archives: cover

WAUG: Heritage Bank restates commitment to youth, sport devt

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Managing-Director-of-He

\Heritage Bank Plc says it is committed to improved youth and sport developments in the country as a means of ensuring rapid growth in these areas, through sponsorship of sporting activities in tertiary institutions. The MD/CEO of Heritage Bank, Ifie Sekibo affirmed this at the just concluded 14thedition of the West African Universities Game (WAUG) […]

Reps say Shipping Companies Diverted FG’s $300m

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yakubu-Dogara

  The house of representatives has raised alarm over how foreign shipping companies’ local agents are shortchanging the Federal government of revenue to the tune of over 300 million dollars. House committee on Maritime Safety, Education and Administration, investigating allegations of non remittance and ill practices by the shipping companies, revealed this at the investigative […]

5 Common Challenges And Solution Of Airtel Internet Data

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Airtel is one of the leading internet service providers in Africa and operates with huge customer base in countries like Nigeria, Ghana, South-Africa, Malawi etc. If you are one the people who use Airtel to access the internet, bellow are some of the challenges you may have had:   Problem sharing data on Airtel: Most […]

Power generation drops to 2,390MW, 15 plants idle

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Power generation in the country plunged to 2,390.20 megawatts on Monday as the number of idle power plants rose from seven to 15, according to the latest data from the Federal Ministry of Power, Works and Housing. Total electricity generation has been hovering below 4,000MW in recent months and stood at 3,741.30MW as of 6am […]

NNPC, Others Yet To Remit $22.06Bn, N481.75bn To Govt – NEITI

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The Nigerian Extractive Industries Transparency Initiative (NEITI) on Monday reported that the Nigerian National Petroleum Corporation, NNPC, its subsidiary, Nigerian Petroleum Development Company, and other companies in the oil and gas sector were yet to remit $22.06 billion and N481.75 billion to the Federation Account. The agency in its latest report on the summary of […]

Nigeria Ranks 33rd In Africa’s Governance Index

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Nigeria was reported to have scored 47.9 in overall governance, ranking 33rd out of 54 African countries covered in the 2018 Ibrahim Index of African Governance. Published by the Mo Ibrahim Foundation, the 2018 Index of African Governance was launched during a live event on Monday. According to the report, though Nigeria improved in ranking […]

CSOs call for Alpha Beta Probe Over Tax Evasion Allegation

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A coalition of civil society organizations under the aegis of the Civil Society Network Against Corruption (CSNAC) has call on the Economic and Financial Crimes Commission (EFCC) to begin probe of the alleged N100 billion tax evasion and money laundering levelled against Alpha Beta Consulting Ltd., Alpha Beta LLP and Ocean Trust Ltd. A former […]

Nigeria revises space plan after missing targets

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Nigeria has revised its 30-year space development programme, the Minister of Science and Technology, Dr Ogbonnaya Onu, has said. Onu stated this at a reception for the Canadian Governor-General, Julie Payette, at the National Space Research Development Agency in Abuja on Monday. Answering questions from journalists, Onu said that a new plan for the exploration […]

FG earned N1.16bn from rail in six months – NBS

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Between January and June this year, the Federal Government generated a total amount of N1.16bn from the rail transportation system. The figure was contained in a report on the railway sector, which was prepared by the National Bureau of Statistics. The N1.16bn, according to the report, was generated from two main revenue sources. These were […]

MTN: CBN inhibiting Nigeria listing

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MTN listing in Nigeria is being challenged by  the allegation of regulatory infractions levelled against it by the Central Bank of Nigeria (CBN). The telco has completed its listing on the Ghana Stock Exchange. In its quarterly report for the period ended on September 30, 2018, and released yesterday, the telco said its listing in […]