Business

Olabode Adaramola  No fewer than thirteen persons have been killed  in an auto crash on Minna-Bida road, the Federal Roads Safety Commission, (FRSC) Niger State Sector Command stated this  yesterday. Speaking with journalists in Minna, the Sector Commander,  Yusuf Garba, said the incident happened on December 16 along Gada-Eregi village. He said that the  crash   involved 2 white Toyota …

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Olabode Adaramola  The Regional Manager of the Abuja Electricity Distribution Company (AEDC) in  Niger state, Engineer Yahaya Jere and other senior officials of the company yesterday escaped mob attack at the Niger state House of Assembly where they had gone to honour a summon of the legislators over power outage in Minna. The power outage in the city for almost …

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Worried by the impact of fuel scarcity on people of Kwara State, Governor Abdulfatah Ahmed has approved the constitution of a task force on the control and sale of premium motor spirit (PMS) in the State. The Secretary to the State Government (SSG), Alhaji Isiaka Gold, who made this known in a statement on Thursday, said that the fuel crisis …

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The federal government has listed its $3 billion Eurobond and $500 million diaspora bond on the Nigerian Stock Exchange (NSE). Patience Oniha, director general of the Debt Management Office (DMO), disclosed this on Thursday. Shesaid the federal government would reduce the nation’s debt cost in the coming years. “We have already listed N1.5 billion early in the year, and we …

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The management of Dangote Industries Limited has again vehemently rejected the many assertions of BUA Group, on its dubious claim to being the rightful owner of Mining Lease No 2541. Dangote in a statement made available to our reporter revealed that its reaction became very necessary as a result of its status as a publicly quoted company and to further …

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The Convention on Business Integrity (CBi) and The Nigerian Stock Exchange (The Exchange/NSE) are pleased to announce the inauguration of the Steering Board of the Corporate Governance Rating System, which held its maiden meeting on December 12, 2017. The Steering Board is the governing body of the CGRS, defining its scope, guiding its development and its ultimate authority. It is …

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… Says It Can Account for Every Barrel of Oil Sold in Nigeria The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world. Group General Manager, Crude Oil Marketing Division of the Corporation, Malam Mele Kyari, stated …

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The Nigeria Deposit Insurance Corporation (NDIC) has successfully  obtained three certifications from the British Standards Institution (BSI) for Information Security Management System ISO/IEC 27001:2013, IT Service Management System ISO/IEC 20000-1:2011 and Business Continuity Management System, ISO 22301:2012 after a rigorous process of satisfying the conditions precedent to accreditation. According to a statement from the corporation, the British Standards Institute UK thoroughly engaged and …

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The Lagos Chamber of Commerce and Industry (LCCI) has knocked the National Assembly over the draft NGO Bill presently under consideration. The bill has in its provision an act to provide for the establishment of a Non-Governmental Organisations Regulatory Commission for the supervision, coordination, and monitoring of non-governmental organisations, civil society organisations and for related matters in Nigeria. Its Director-General, …

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The National Identity Management Commission (NIMC) has gazetted and published five regulations, following an approval received from the Attorney-General of the Federation (AGF) and the Minister of Justice in November, 2017. Its Head, Corporate Communication, Loveday Ogbonna, said the gazetted regulations are Mandatory Use of the National Identification Number (NIN) Regulations, 2017; Nigeria Biometrics Standard Regulations, 2017. Others are Registration …

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