CBN Assures Depositors Of Keystone Bank’s Stability
Oluwakemi Kindness The Central Bank of Nigeria on Friday assured the public that Keystone Bank Limited remains stable and fully operational despite a court order forfeiting the bank’s shares to the Federal Government. In a statement issued on Friday, the CBN’s acting Director of Corporate Communications, Hakama Sidi Ali, acknowledged concerns over the development but […]
World Radio Day: Governor Ododo Celebrates Contribution of Radio to Democracy
By Chinedu Echianu Kogi State Governor, Ahmed Usman Ododo has praised the contribution of radio to the deepening of democratic culture in Nigeria as the world celebrates this year’s World Radio Day. A statement signed by the Special Adviser on Media to the Governor, Ismaila Isah said the Governor used the occasion to restate […]
Court Affirms FCCPC Regulatory Authority In Telecom Sector
Oluwakemi Kindness The Federal High Court in Lagos has ruled in favour of the Federal Competition and Consumer Protection Commission in a legal dispute involving MTN Nigeria, affirming the commission’s regulatory authority over competition and consumer protection in the telecommunications sector. This is according to a statement by the Director of Corporate Affairs at FCCPC, […]
Customs Hosts High-Level Forum for Government-Owned Companies
Oluwakemi Kindness The Nigeria Customs Service (NCS), has underscored the significance of corporate governance, financial autonomy, and operational efficiency in managing government-owned enterprises, particularly those under military and paramilitary organisations. Comptroller-General of Customs (CGC), Adewale Adeniyi, stated this when the NCS hosted a high-level roundtable discussion for key stakeholders from the military, paramilitary, and financial […]
NAICOM, NEMSA Partners On Electrical Safety, Insurance Compliance
Oluwakemi Kindness The National Insurance Commission and the Nigerian Electricity Management Services Agency have entered into a historic partnership, signing a Memorandum of Understanding on electrical safety and enhancing insurance compliance. This collaborative effort aims to establish a framework for mutual understanding and cooperation in achieving their regulatory obligations, prioritizing the safety of lives and […]
Occupational Safety: Labour Ministry Inspects Lagos Factories
By Chinedu Echianu The Ministry of Labour and Employment has conducted an inspection of factories of leading companies in Lagos State, as part of the commitment of the Federal Government to enforcing compliance with occupational safety and health (OSH) standards and labour laws. During the two-day exercise, the inspection team, led by the Minister […]
NAICOM Recommits To Prompt Payment of Insurance Claims
Partners FRSC on 3rd Party Vehicle Insurance Oluwakemi Kindness The National Insurance Commission (NAICOM) on Thursday urged Nigerians to be more positive on the benefits of insurance in the country. This is as the Commission reiterated it’s committment to ensuring that Insurance policyholders get their claims payment as at when due. The Commissioner for Insurance, […]
Nigeria Customs, NESREA, Strengthen Collaboration on Environmental Protection
Oluwakemi Kindness The Comptroller-General of Customs (CGC) Adewale Adeniyi has reaffirmed the Nigeria Customs Service’s (NCS) commitment to enhancing collaboration with the National Environmental Standards and Regulations Enforcement Agency (NESREA) to ensure environmental safety, trade efficiency and regulatory compliance. Adeniyi stated this during a courtesy visit by NESREA’s management team to the Customs Headquarters in […]
Nigeria Customs, Seizes 199,495 Litres of Smuggled Fuel
In line with the NCS Act, 2023, the seized petroleum products were auctioned to the residents at the rate of N630 per liter while those in 25 litres jerrycans were disposed at N10,000 each. Oluwakemi Kindness The Nigeria Customs Service has seize almost 200,000 litres of petroleum products in Adamawa State under Operation Whirlwind. […]
NILDS LAUDS KWARA PROJECT, DESCRIBES AS UNPRECEDENTED
By Zainab Bakare The Director General of the National Institute for Legislative and Democratic Studies (NILDS), Professor Abubakar Olanrewaju Sulaiman, has described the recently inaugurated Kwara State Legacy Projects as unprecedented. In a statement issued on Wednesday by his Media Adviser, Mohammad Abdulkadri, Professor Sulaiman congratulates the Kwara State Governor, AbdulRahman AbdulRazak, CON, for […]