The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim, has said that time will soon run out on recalcitrant obligors of the Asset Management Corporation of Nigeria. He said this was because of the renewed commitment of the Senate to...

The Nigerian Electricity Regulatory Commission has imposed a fine of N37.52m on the Port Harcourt Electricity Distribution Company over its failure to submit audited financial reports since 2013 when a new management came on board. NERC in its Directive 158 that was signed by its...