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Monday , 19 March 2018


JAMB releases 1.3 million UTME results today


The Joint Admissions and Matriculation Board has said it will release no fewer than 1.3 million results of candidates that sat for the 2018 Unified Tertiary Matriculation Examination on Monday (today) after they had gone through security checks and found to be without malpractice. The JAMB Head of Information, Dr. Fabian Benjamin, who stated this on Sunday in an interview ...

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Bank customers drop by two million

banks customer drops

Despite Central Bank of Nigeria’s (CBN’s) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017. The statistics obtained by the News Agency of Nigeria (NAN) from the NIBSS website yesterday, showed that the total number of bank customers dropped from 61 million in ...

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Shell, ENI accused of negligence over Niger Delta oil spills

The company logo is seen at a Shell petrol station in south London January 31, 2008.    REUTERS/Toby Melville

Nigeria has been urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil theft were behind the pollution. A total of 46 spills came from pipelines operated by Shell’s ...

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ABU to establish locally-built refineries in Niger Delta

bayelsa refinery

The Ahmadu Bello University (ABU), Zaria has launched an initiative to establish conventional and standard locally-build refineries in Niger Delta to boost local oil production. Professor  Ibrahim Mohammed-Dabo, the Team Leader, ABU Refinery Project, told the News Agency of Nigeria (NAN) in Zaria, Kaduna State that the team’s ultimate is to have a conventional and standard locally build refinery that ...

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Land Use Charge reduced in Lagos ! 10 new things

luc 2

The Lagos State government has announced a 50 per cent downward review for commercial properties and other waivers on the Land Use Charge (LUC) it introduced last month. This followed the public outcry against the law. (1)commercial property owners would be granted 50 per cent discount. This means a commercial property valued at N20 million, which was earlier billed N91,200, ...

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Another 152 Nigerians return from Libya, get Airtel phones

libya returnee7

The National Emergency Management Agency (NEMA) on Wednesday received another batch of 152 Nigerians who returned from Libya. The returnees arrived at the Cargo Wing of the Murtala Muhammed International Airport, Lagos at 9.05pm. They returned aboard a chartered Airbus 320 with registration number LZ-MDO operated by VIA Airways. The returnees comprised 69 adult females — including three pregnant ones ...

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Electricity..New independent persons to provide metres from April 3

Electricity metre

From April 3,another class of operators in the power sector called Meter Asset Provider ( MAPs) would now take up the duty of providing meters to customers, among other functions. Buttressing the objectives of the MAPR 2018, the commission stated that the main objective of the regulations was to provide standard rules to encourage the development of independent and competitive meter ...

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Nigeria’s public debt hits N21.73tr, says DMO boss

debt management office

Nigeria’s total public debt stock is N21.725 trillion – as at the end of December, last year… N12.589tr —Federal Government’s domestic debt at the end of 2017 N3.348tr —The 36 states and the FCT domestic debt overhang N5.787tr—The combined external debt of the FG and the states Debt Management Office (DMO) Director-General Patience Oniha, speaking yesterday in Abuja on the ...

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Man City legend Ken Mulhearn dies peacefully in sleep at 72

Ken Mulhearn

– Manchester City legend Ken Mulhearn has died in his sleep at the age of 72 – The goalkeeper is also a legend of Shrewsbury – City broke the news on their official Twitter account Manchester City legend and league title-winner of 1968, Ken Mulhearn, has died aged 72, after passing away peacefully in his sleep. Mulhearn was born in ...

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Innoson Motors MD asks judge to withdraw from trial


The fraud trial of Chairman of Innoson Motors Limited, Mr. Innocent Chukwuma, was stalled at the Ikeja Special Offences Court on Wednesday. Chukwuma failed to appear in court for his arraignment for alleged fraud. That was the third time the Innoson Motor chief had failed to appear in court despite a subsisting bench warrant for his arrest. Justice Mojisola Dada ...

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