The Presidential Initiative on Continuous Audit (PICA), on Monday said it saved N594, 089,136,242.41 billion from auditing Ministries Departments and Agencies (MDAs) between 2016 and  2018. Mr Johnson Oludare, Assistant Director, Special Investigation and Assignment, PICA made this known during a media workshop on “Whistle-blowing and Fight Against Corruption in Nigeria’ ’ in Keffi, Nasarawa… Continue reading N594B SAVED IN 2 YEARS: PICA
Category: ECONOMY
“NEW DEMOCRACY DAY”: FG DECLARES PUBLIC HOLIDAY
In line with the enactment into law of June 12 annually as Democracy Day in Nigeria, the Federal Government has declared Wednesday, June 12, 2019, as Public Holiday to commemorate the maiden National Democracy Day. The Permanent Secretary, Ministry of Interior, Barr. Georgina Ekeoma Ehuriah, who made the declaration on behalf of the Federal Government… Continue reading “NEW DEMOCRACY DAY”: FG DECLARES PUBLIC HOLIDAY
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NSE: MARKET INDICES DROPS
Activities on the nation’s Exchange market sustained negative trend on Friday with crucial market indicators dropping further by 0.31 per cent. Specifically, the market capitalisation shed N42 billion or 0.31 per cent to close at N13.402 trillion compared with N13.444 trillion achieved on Thursday. Also, the All-Share Index which opened at 30,527.01 lost 94.88 points… Continue reading NSE: MARKET INDICES DROPS
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IBOM AIR FLIES_Ada Nkong
In what continues to be an admirable feat, Akwa Ibom State’s carrier, Ibom Air, has been given the Nigerian Civil Aviation Authority’s Air Operator Certificate to begin commercial flight services. The certificate was issued to the airline in Lagos, on Thursday. In a statement on its website on Thursday, the airline said it would commence… Continue reading IBOM AIR FLIES_Ada Nkong
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PREMIER OIWOH IS NEW NIBSS BOSS
Nigeria Inter-Bank Settlement System Plc (NIBSS) has appointed Premier Oiwoh, as the its chief executive officer (CEO) after its former chief, Ade Shonubi, resigned to take up a new role as deputy governor, Operations Directorate of Central Bank of Nigeria (CBN). Premier holds a Bachelor’s degree and an MBA and has attended several training programmes… Continue reading PREMIER OIWOH IS NEW NIBSS BOSS
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MTN BIGGEST SHAREHOLDERS SPUR BOARDROOM SHAKEUP TO CURB DISPUTES
MTN Group Ltd.’s biggest shareholder is pushing for changes at Africa’s largest mobile-phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four years. The Public Investment Corp. built a 26% stake in Johannesburg-based MTN by late November and used that to… Continue reading MTN BIGGEST SHAREHOLDERS SPUR BOARDROOM SHAKEUP TO CURB DISPUTES
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NNPC CBT RECRUITMENT EXERCISE DELAY: TECHNICAL ISSUES IS CAUSE
The Nigerian National Petroleum Corporation’s (NNPC) Computer-Based Test (CBT) recruitment exercise on Saturday was delayed due to technical problems from the JAMB-approved centre in Kuje. News Agency of Nigeria (NAN) reports that the exercise was scheduled to commence at the Islamic Leadership Academy at 8:00am. The JAMB and NNPC officials began the screening exercise for… Continue reading NNPC CBT RECRUITMENT EXERCISE DELAY: TECHNICAL ISSUES IS CAUSE
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FORMER MINISTER IN NEPZA FUNDS SCANDAL_Ada Nkong
    Mr Okechukwu Enelamah,the former Minister of Industry, Trade and Investment has been asked by the Association of Senior Civil Servants Nigeria (ASCSN), FCT chapter to return N14.38 billion transferred from NEPZA account Mr Isaac Ojemhenke, Head of the association said this in Abuja at a news conference. According to Ojemhenke , Enelamah withdrew the… Continue reading FORMER MINISTER IN NEPZA FUNDS SCANDAL_Ada Nkong
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N8.9 TRILLION 2019 BUDGET: BUHARI ACCENT TO BILL
President Muhammadu Buhari has signed the 2019 appropriations bill into law. He signed the bill Monday at some minutes past 11am in his office in Abuja.The two chambers of the National Assembly last month passed the budget at N8.916 trillion, up from N8.826 trillion submitted by Mr Buhari in December last year. The National Assembly… Continue reading N8.9 TRILLION 2019 BUDGET: BUHARI ACCENT TO BILL
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