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NDDC spent N1.3trn within four years, says Senate

Nigerian Senate ad hoc committee investigating the misappropriation of funds in the Niger Delta Development Commission said the agency had spent N1.3 trillion within four years. In the report read on Thursday by the Senate Committee Chairman, Senator Olubunmi Adetunmbi, the NDDC spent the N1.3 trillion between 2015 and May 31, 2019. Adetunmbi said many […]

Business News Politics

Alleged N125bn fraud: Court adjourns ex-Bank PHB MD Atuche’s trial till Oct 14

Justice Ayokunle Faji of the Federal High Court, Ikoyi, Lagos, has adjourned till October 14, 2020, the trial of Francis Atuche, former Managing Director of the defunct Bank PHB, who is standing trial alongside Charles Ojo, former MD of Spring Bank, for an alleged N125 billion fraud. According to a statement issued on Thursday by […]

News Politics

Ikpeazu assents to Abia’s revised 2020 budget of N102bn

Governor Okezie Ikpeazu of Abia State, Thursday, assented to the revised state 2020 Appropriation Bill of N120,660,432,904.00 recently passed by the State House of Assembly. Ikpeazu, in a speach after assenting to the revised budget, which also coincided with the welcome visit of members of the state House of Assembly at Government House Umuahia, thanked […]

News Politics

AbdulRazaq visits, sympathises with NTA Ilorin over fire incident

Gov. AbdulRahman AbdulRazaq of Kwara has sympathised with the Nigeria Television Authority (NTA) over the fire that gutted some sections of its Ilorin area office late Tuesday night. The governor, who was among the first responders around 1 am. on Wednesday, said that the inferno could have destroyed the entire facility but for the combined […]

News Politics

Unilever shares to see further pressure amid N567million H1 pre-tax loss

The shares of Nigeria unit of British-Dutch multinational consumer goods company, Unilever may stay longer on the offer radar at the Nigerian Stock Exchange (NSE) following its disappointing first half (H1) results released on the Bourse. The company’s results for the half year to June 30 shows its revenue decreased by 35.9 percent to N27.33billion […]

Business News

Agency launches WhatsApp ChatBot to drive media measurement, monitoring

A WhatsApp ChatBot that will aid the swift delivery and timely responses to media monitoring and measurement service inquiries has been launched by P+ Measurement on its official website. The firm in a statement, said the chatBot would promote an effective turn-around time and also create a platform for users to leverage on real-time messaging […]