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Central Bank of Nigeria (CBN)
BusinessNews

BVN Issued in Nigeria Has No Expiry Date, Says CBN

The Central Bank of Nigeria (CBN) has clarified that the Bank Verification Number (BVN) issued by the Bank in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) does not expire…

Muhammad A. Aliyu
Muhammad A. Aliyu
May 11, 2023
Energy & Oil

Court Ruling Establishes NCDMB’s Power to Collect 1% NCDF Levy

In a significant victory for the Nigerian Content Development and Monitoring Board (NCDMB), the Federal High Court has affirmed the Board's mandate to collect the one percent Nigerian Content Development…

Muhammad A. Aliyu
Muhammad A. Aliyu
May 11, 2023
News

FG Explains Why It Keeps Awarding Contracts Few Days To Go

The Federal Government yesterday explained why the Federal Executive Council was approving multibillion naira contracts 18 days to the end of the President Muhammadu Buhari administration. The Minister of Transportation,…

Adamu Abubakar
Adamu Abubakar
May 11, 2023
DJ Cuppy
Celebrities

I Love Kids, But I’m Not Ready for Mine Yet – DJ Cuppy

Popular disc jockey, Florence Ifeoluwa Otedola, professionally known as DJ Cuppy, has made a significant statement regarding her readiness for motherhood. In a recent Instagram story, Cuppy shared a photo…

Damilola A.
Damilola A.
May 10, 2023
Energy & Oil

Shell Cleared of Niger Delta Oil Spill Claims by UK Supreme Court

The UK Supreme Court has dismissed an appeal by claimants from Nigeria's Niger Delta region seeking to lodge pollution claims against energy giant Shell over a massive oil spill that…

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2023
Femi Otedola
Business

Femi Otedola Sells Over 2.8 Million Shares in Geregu Power Plc

Femi Otedola, the majority shareholder of Geregu Power Plc, has recently made a significant move in the power generation company's shares. According to a corporate filing on the Nigerian Exchange…

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2023
Peter Obi
News

Peter Obi Distances Himself and Supporters from Social Media Assault on Pastor Adeboye

In the aftermath of the February 25 presidential election, Labour Party presidential candidate Peter Obi has spoken out against the social media attack on Pastor Enoch Adeboye, the General Overseer…

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2023
Sale Mamman
News

Former Minister of Power, Sale Mamman, Arrested by EFCC for N22 Billion Fraud

In a significant development, operatives of the Economic and Financial Crimes Commission (EFCC) apprehended the former Minister of Power, Sale Mamman, on Wednesday morning on charges of alleged fraud amounting…

Muhammad A. Aliyu
Muhammad A. Aliyu
May 10, 2023
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