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Bank staff steals millions as Police arrest card fraudster

Bank staff steals millions as Police arrest card fraudster

The Katsina State Police Command, yesterday, paraded Adewumi Gabriel, Head of ATM Operations of a new generation bank’s Daura branch, for conspiring with a colleague to steal the sum of N18 million from a customer’s account.

UNN 1989 Business Admin graduates celebrate reunion

UNN 1989 Business Admin graduates celebrate reunion

The 1989 Business Administration graduates of the University of Nigeria, Nsukka, (UNN) have held their 2024 reunion. The reunion which was held last month in Ikeja, Lagos attracted dignitaries across Nigeria and beyond. The Guest Lecturer at the event, Mr Yomi Babasola, in his lecture titled; “Forging ahead in such a time as this,” urged […]

Electricity: TCN seeks more investment for grid expansion

Electricity: TCN seeks more investment for grid expansion

By Mariam Eko   The Managing Director of Transmission Company of Nigeria, TCN, Engr. Sule Ahmed Abdulaziz has appealed to the Federal government to invest more in the power sector as electricity is one of the major infrastructure industries and masses need for development. He made this appeal at the inspection of commissioned power transformers at its […]

CITN endorses tax reforms, advises FG to drop derivation principle

CITN endorses tax reforms, advises FG to drop derivation principle

By Peter Egwuatu The Chartered Institute of Taxation of Nigeria (CITN) yesterday endorsed the proposed tax reform bills but advised the Federal Government to drop the derivation aspect in order to ensure the success of the reforms. The President of the Institute, Mr. Samuel Agbeluyi, gave this advise at a media workshop for finance journalists in […]

FG launches N20bn consumer credit fund for locally-assembled automobiles 

FG launches N20bn consumer credit fund for locally-assembled automobiles 

•Creditcorp targets single digit interest rate By Obas Esiedesa, Abuja   The Federal Government yesterday launched a N20 billion consumer credit fund to stimulate demand for locally-assembled automobiles.   The scheme which is led by the Nigerian Credit Corporation, Credicorp, hopes to limit interest rates for consumers to single digit. Speaking at the official launch/agreement signing between Credicorp […]

OPEC extends Nigeria’s 1.5m bpd oil quota to 2026

OPEC extends Nigeria’s 1.5m bpd oil quota to 2026

By Udeme Akpan & Obas Esiedesa AS part of measures to enhance market stability, the Organisation of Petroleum Exporting Countries, OPEC, has extended Nigeria’s oil production quota of 1.5 million barrels of crude per day (bpd) to 2026. The organisation said the decision to extend Nigeria’s quote was made at its 38th OPEC and non-OPEC ministerial […]