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BusinessCorruptionLaw & JusticeICPC Hunts Buhari’s Inlaw, Two Others Over $65m National Housing Funds

Hassan Umar Shallpella (Regional Correspondent)May 14, 2021

ABUJA — The Independent Corrupt Practices and other related offenses Commission (ICPC) has declared Gimba Kumo, former managing director of the Federal Mortgage Bank of Nigeria a son-in-law of President Muhammadu Buhari, and two others wanted over alleged misappropriation of $65 million National Housing Funds. In the notice signed by its spokesperson Azuka Ogugua, the ICPC declared Mr. Kumo wanted alongside Tarry Rufus and Bola Ogunsola over the alleged fraud. “The persons whose pictures appear...

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BusinessNewsOil & GasRefinery Rehabilitation: NNPC Tasks Contractor On Project Completion

PilotnewsMay 6, 2021

PORT HARCOURT — The Nigerian National Petroleum Corporation (NNPC)  has tasked the Contractor to rehabilitate the Port Harcourt Refineries Companies (PHRC) to ensure completion of the project at the estimated time frame. The Group Managing Director, Malam Mele Kyari disclosed this at the kick-off meeting of the Rehabilitation of PHRC, in Port Harcourt, on Thursday. The News Agency of Nigeria reports that the meeting signified the take-off of the rehabilitation project. The PHRC operates two refineries;...

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BusinessNewsSenate Directs Nigeria Customs Service To Seized Goods To Traders

Hassan Umar Shallpella (Regional Correspondent)May 5, 2021

The chairman, Senate Committee on Ethics, Privileges and Public Petitions Senator Ayo Akinyelure has asked the Nigeria Customs Service to return the goods it seized from shops of rice traders in Ibadan, Oyo State. The committee’s chairman stated this after his panel heard a petition from the rice traders. The traders had, through Senator Kola Balogun (Oyo South), petitioned the Senate, alleging that men of the Nigerian Customs invaded Oja Oba and Bodija markets in...

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BusinessTelecommunicationFG Extends Deadline for NIN-SIM Registration to June 30

Beloved John (Staff Writer)May 4, 2021

The deadline for NIN-SIM registration has been extended for another eight weeks. The extension was approved by the federal government to enable telecom subscribers link their NIN to their sim cards without any last-minute hitch according to Isa Pantami, the Minister of Communications and Digital Economy. A joint statement by the Nigerian Communications Commission and the National Identity Management Commission confirmed that Isa made the announcement during a virtual meeting. The announcement makes it the...

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BusinessTelecommunicationOsinbajo Outlines FG’s Policies for Development of ICT Startups Ecosystem

Bada Yusuf Amoo (Correspondent)April 30, 2021

Vice President Prof. Yemi Osibanjo has said that the Federal Government is to reconvene the Technology and Creativity Advisory Council on policies that would support the ecosystem for ICT startups in the country. Osibanjo said this on Thursday, at the Startup and Developer virtual event organized by Google, with the theme “ The African Start-up Ecosystem Opportunity’’, in Abuja Represented by Mr. Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA), Osibanjo identified...

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BusinessNewsCBN Reshuffles First Bank Board

Bada Yusuf Amoo (Correspondent)April 29, 2021

The Central Bank of Nigeria (CBN) has approved the appointment of Tunde Hassan-Odukale as Chairman of First Bank of Nigeria Limited (FBN). CBN also approved the appointment of Remi Babalola as Chairman of FBN Holdings Plc, a subsidiary of FBN. It had earlier announced the removal of Mrs. Ibukun Awosika as Chairman of the board of FBN and Mr. Oba Otudeko as Chairman of the board of FBN Holdings also announced the reinstatement of Sola...

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BusinessNewsEnugu Governor, Ifeanyi Ugwuanyi, Calls on Indigenes to Think of Home

Bada Yusuf Amoo (Correspondent)April 28, 2021

Gov. Ifeanyi Ugwuanyi of Enugu State on Tuesday urged all illustrious sons and daughters of the state to think home in their investment decisions. Ugwuanyi made this call when he formally declared open Easton Hill Continental Hotel, Independence Layout, Enugu built by a businessman, Chief Mike Onu from Nkanu West Local Government Area open in Enugu. The governor reiterated his administration’s commitment to expanding the frontiers of favorable investments in the state, through sustained improvement...

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BusinessEntertainmentSportNational Sports Festival Remains Good Investment in Youths, Ex-NOC Official Says

PilotnewsApril 26, 2021

LAGOS — Elias Gora, a former Secretary-General of Nigeria Olympic Committee (NOC), says the biennial National Sports Festival (NSF) remains a good investment in ensuring Nigerian youths are positively engaged. Gora told the News Agency of Nigeria in Lagos on Monday that the Festival could however be improved upon to discover more talents for Nigeria. He emphasised the need to also use the Festival to continue to promote peace and unity in the country. “It...

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BusinessNewsNigeriaPowerNERC Mulls Extraordinary Tariff Review for 11 DisCos

PilotnewsApril 26, 2021

LAGOS — The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos). NERC, which is the regulator of Nigeria’s power sector, made this known on Monday in a notice to the general public and industry stakeholders posted on its website. The commission said the review was pursuant to the provisions of the Electric Power Sector Reform Act (EPSRA). According to NERC, extraordinary tariff...

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BusinessEconomyOil & GasNNPC Normalises Petrol Supply in Week of Petroleum Tanker Drivers Strike

PilotnewsApril 25, 2021

ABUJA — The Nigerian National Petroleum Corporation (NNPC) began its week with the task of normalising the supply of Premium Motor Spirit (PMS) at different filling stations in the country especially the FCT following the strike embarked upon by Petroleum Tanker Drivers (PTD) over remuneration. The normalisation started with the corporation increasing the daily supply of petrol across the country from 550 trucks to 1,661 trucks to combat the buildup of fuel queues in some...

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