Anambra State Governor, Prof Chukwuma Soludo, has signed a Memorandum of Understanding (MOU) with the Enugu Electricity Distribution Commission (EEDC) to address the challenges of inconsistent power supply in the state. During the signing at the State Government House in Awka, the Governor expressed his commitment to making Anambra a prosperous and livable homeland, […]
Soludo vows to improve power supply for Anambrarians Read More »
First Citizens Bank, has concluded plans to acquire most of the assets of the United States tech lender, Silicon Valley Bank, SVB. Interpreting this move for the bank consumers, the acquisition means that customers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh, North Carolina. The development comes as
The National Pension Commission (PenCom) has promised pensionable Nigerians that it is closely monitoring pension fund administrators (PFAs) to ensure all investments align with the Iaw. The commission, in a document seen by TheCable, said the PFAs are required to submit a daily valuation report on pension fund investments through which PenCom ensures strict
PenCom pledges lawful investment of pension payers’ money Read More »
As Nigerian prepares to be counted from May 3, 2023, the Chairman, National Population Commission, Nasir Kwarra has urged everyone present themselves to be counted, saying there is absolutely no need to travel for the purpose. The census is billed to hold from May 3 to 7, 2023. Kwarra said apart from being a
The Nigerian Communications Commission (NCC) has admonished telecommunications service providers to deliver quality service, ensuring that customers get value for money by treating them as Kings and Queens. The Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta made the charge during NCC Day at this year’s edition of the Kaduna International
“Treat consumers as kings and queens,” NCC to telecom operators Read More »
International energy expert and Chairman Green Energy International Ltd(GEIL) the operator of Otakikpo marginal field in OML 11, Prof Anthony Adegbulugbe, has been named “African Man of Year” in oil and gas for the year 2022. This came after the successful hosting by the London based magazine of the International African Energy, Oil and
GEIL’s Chairman, Prof. Adegbulugbe wins Man Of The Year award Read More »
Signaling the commencement of operation of the 13 km Phase One of the Lagos Rail Mass Transit (Blue Line), the Lagos State governor, Governor Babajide Sanwo-Olu, has confirmed that the light rail is actually pro-people. Reiterating that the Lagos light rail is an important component of its Integrated Transportation Master Plan, Sanwo-Olu emphasized
Lagos Light Rail is people-focused – Sanwo-Olu hints Read More »
Norrenberger, a financial services group, has taken over a controlling equity stake of 60 per cent in The Infrastructure Bank (TIB). The group said on Tuesday that the take-over followed a concluded acquisition arrangement which began in 2019. The Chairman of Norrenberger Group, Alhaji Ibrahim Aliyu, said through a statement that the group
Norrenberger Acquires 60% Stake in Infrastructure Bank Read More »
Central Bank of Nigeria (CBN), has issued operational and governance rules on Open Banking (OB) concept with the hope that the robust framework will deepen financial inclusion and ensure that consumers are protected. Open banking refers broadly to data sharing by operators of the financial system in providing innovative products and services to the
CBN deepens financial inclusion with Open Banking Read More »
In the spirit of the 2023 World Consumer Rights Day, the Nigeria Communications Commission (NCC), has expressed more commitment towards being more listening and caring for the Nigerian telco’s consumer via a new initiative called, Telecom Consumer Assistance, Resolution and Enquiries (TELCARE). The EVC, represented by the NCC’s Executive Commissioner, Stakeholder Management, Adeleke Adewolu,
NCC launches TELCARE for consumer complaints management Read More »
