National Assembly Suspends Amendment of CBN Act
The National Assembly Committee on Banking, Insurance and other Financial Institutions has decided to pause the amendment process for the bill titled “An Act to Amend the Central Bank of Nigeria Act No. 7 of 2007.”
This decision was...
Outstanding Bill: DisCos Threaten to Disconnect Customers, Give Deadline
The Electricity Distribution Company (AEDC), has threatened to disconnect customers who fail to pay their outstanding bills, latest by June 3, 2024.
The threat is contained in a statement issued by the company on Friday.
According to the...
Africa Needs $402.2bn Annually for Structural Development – AfDB
The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa needs to close a financing gap of about $402.2 billion annually to fast-track its structural transformation by 2030.
Adesina spoke during the presentation of the...
Investment Tribunal Resolves N1tr Capital Market Disputes Since 2003
Nigeria’s Investment and Securities Tribunal (IST), settled capital market disputes valued at N1 trillion since its inception in 2003.
The Investment and Securities Tribunal is saddled with the mandate to exclusively resolve disputes arising from transactions in...
NAFDAC Seizes ‘Illegal Drugs’ Worth Over N107m in FCT
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has conducted a raid on drug hawkers at motor parks and markets in the federal capital territory (FCT).
In a statement on X, the...
Oyetola: Between Discipline, Efficiency and Silent Achievements
By Kabir Akintayo
It was on a Tuesday morning, when the Minister of Marine and Blue Economy, Adegboyega Oyetola, presented his ministry's first-year report, to commemorate President Bola Ahmed Tinubu's one year in office.
Oyetola spoke alongside three other ministers...
