General Electric, NDPHC Restore 360MW to National Grid

By Precious Olisa Three persons have been confirmed dead due to the heavy downpour that happened in Genere, Rikkos, Bauchi Road and Eto-Baba communities of Jos North Local Government. It was said that the rain lasted for two days. The Zonal Coordinator of the National Emergency Management Agency (NEMA), Mr Eugene Nyenlong, who confirmed the incident, said his agency got a distress call that three persons had died as a result of the flood that occurred. “As I speak to you, we are moving to the scene with other stakeholders to have an on-the-spot assessment of the disaster and also

By Modupe Gbadeyanka The 12-year-old boy with missing intestines, Adebola Akin-Bright, who has been receiving treatment at the Lagos State University Teaching Hospital (LASUTH), Ikeja, has died. Adebola died on Tuesday evening, according to reports. He was to be flown abroad for an intestine transplant to get him back to normal before he breathed his last today. Adebola had surgery at a private hospital in the Alimosho area of the state known as Obitoks Medical Centre, but it was later discovered that his intestines were missing. The Lagos State House of Assembly had on Tuesday asked Governor Babajide Sanwo-Olu to

By Adedapo Adesanya The Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, is not heading to the exit door despite speculations amid continued organisational changes to the management of the state oil company. In a statement on Monday night, it was stated that in “addition to the recent exit of three Executive Vice Presidents, other Management Staff with less than 15 months to statutory retirement will be exiting the company effective 19th September 2023.” What this means is that the exit is happening downward since three Executive Vice Presidents were changed over the

By Bliss Okperan The early morning fire that gutted a part of the Supreme Court complex in Abuja has been blamed on an electrical malfunction. The Director of Information of the apex court, Mr Festus Akande, said this on Monday morning when he appeared on Arise Television’s breakfast programme, The Morning Show. According to him, preliminary investigation showed that the fire was triggered by an electrical fault, playing down rumours that the Supreme Court was attacked by arsonists. Attention is on the apex court over the outcome of the presidential election held on Saturday, February 15, 2023. The Appeal Court

By Ahmed Rahma The Nigerian Content Development and Monitoring Board (NCDMB) has defended its Executive Secretary, Mr Simbi Wabote, saying that the $5 million bribery allegation against him is false. A few days ago, one Mr Jackson Ude had accused Mr Wabote of receiving $5 million bribe from a German company to violate Nigeria’s local content laws on the Bonny Train 7 contract. The journalist has said, “Simbi Wabote, the Executive Secretary of the Nigeria Content Development and Monitoring Board, a lackey of Timipre Sylva, actually collected $5 million bribe from Kelvion, German company to violate Nigeria’s local content laws

By Dipo Olowookere Foremost pan-African digital payment and commerce company, Interswitch, has announced the opening of its platforms for the 2019 JAMB/UTME registrations. This followed its accreditation by the Joint Admission and Matriculation Board (JAMB) to provide ePINs and forms for candidates looking to register for the JAMB/UTME examinations. Prospective candidates seeking to register for the 2019 JAMB/UTME examinations can easily obtain their ePINs and forms from enabled Interswitch platforms such as Quickteller Mobile App/Web, Quickteller Paypoint (Agents), via payment with Interswitch WebPAY on JAMB’s website and through payment using Interswitch Paydirect at any bank branch nationwide. Group Head, Corporate

By Ebitonye Akpodigha Wife of Mr Femi Fani-Kayode, Mrs Precious, was on Monday detained by the Economic and Financial Crimes Commission (EFCC). The woman was kept in custody alongside her eight-month-old child. According to reports, Mrs Fani-Kayode was in Ado Ekiti as a guest of Governor Ayodele Fayose of Ekiti State. She had gone to an Access Bank branch in Ado Ekiti, the state capital, around 3pm for transactions when she was detained by officials of the bank. When the woman sensed she was not being promptly attended to, she queried the officials reason for the delay and was then

By Dipo Olowookere One of the leading cement makers in Nigeria, Lafarge Africa Plc, has revealed that its board of directors have planned to hold a meeting next month. A statement issued by the company disclosed that the meeting is scheduled for Thursday, March 1, 2018. During the meeting, the board will consider the financial statements of the firm for the period ended December 31, 2017. Furthermore, the board will take a look at the proposed dividend payment to its shareholders for the same period. “In compliance with Rule 19.2(b) of the Nigerian Stock Exchange Post Listing Requirements, we hereby

By Modupe Gbadeyanka Management of Diamond Bank has disclosed that its board of directors will hold a meeting on Thursday, March 9, 2017. It was gathered that the meeting is to discuss the company’s audited financial statement for the year ended December 31, 2016. At the meeting, which will hold in Lagos, the board is expected to approve the statement after several considerations. It was further learnt that other agenda items would be looked into by the board. Meanwhile, in view of this, Diamond Bank has declared the closed period from February 22, 2017 to April 3, 2017 (both days

By Modupe Gbadeyanka Friday, September 21, 2018 has been fixed by an Ikeja Special offences Court for the ruling on the application filed by Managing Director of First Nation Airways, Mr Kayode Odukoya, seeking to quash the N1.7 billion theft charge levelled against him by the Economic and Financial Crimes Commission (EFCC). The airline chief is facing a four-count charge bordering on forgery, use of false document, perjury and stealing alongside First Nation Airways and Bellview Airline. According to the EFCC, Mr Odukoya and the other defendants committed the offences on March 21, 2013. They were said to have forged

By Dipo Olowookere On Thursday, October 8, 2020, the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, and the Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, will join others to discuss some emerging financial stability risks and the policies that can be formulated to address them. The event is organised by the Nigerian Stock Exchange (NSE) and is themed The Future of the Financial Services Industry Post COVID-19. Apart from the two persons earlier mentioned to speak at the event, others include Deputy CBN Governor, Ms Aishah Ahmad; MD/CEO of Interswitch, Mr Mitchell Elegbe;

By Sodeinde Temidayo David The Environmental Health Officers Registration Council of Nigeria (EHORECON) is set to hold its first-ever summit on environmental health in Nigeria from August 4 – 6. The event titled Rebranding Environmental Health Practice: Breaking Barriers, Unlocking Opportunities will be held at the International Conference Centre, Abuja. Some of the important stakeholders in the sector expected to grace the occasion include the Minister of Environment, Mr Mohammad Mahmood Abubakar; some other federal ministers, Director-Generals (DGs)/Chief Executives (CEOs), captains of industries and others in the environment sectors. According to the statement issued by EHOPECON’s Head, Public Affairs, Mr