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NDIC Pays N11.83bn to Over 443 Insured Depositors of failed banks

Ossom Raphael Port Harcourt – The Nigeria Deposit Insurance Corporation (NDIC), has said that as at June 2022, it cumulatively paid ₦11.83 billion to over 443,949 insured depositors and over ₦101.37 billion to uninsured depositors of all categories of banks in-liquidation. The corporation also declared 100 per cent liquidation dividend in 20 out of the... Read More
Breaking News, Business, Nigeria News
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FG Pledges Increased Support to SON in Fight Against Substandard Products

The Federal Government has reiterate its support for the Standards Organisation of Nigeria (SON) in its efforts rid the nation’s of substandard products. Minister of State for Industry, Trade and Investment, Ambassador Maryam Katagum, said in Abuja at the 50th-anniversary celebration of the SON, while commending the Organisation for its various initiatives to boost Nigeria’s... Read More
Breaking News, Business, Nigeria News
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Mayor unites with communities and arts sector to create a new annual celebration of Black culture for London

Mayor unites with communities and arts sector to create a new annual celebration of Black culture for London Sadiq is working alongside community groups and the arts sector to create an event in Trafalgar Square that will celebrate the diversity and talent of Black communities Mayor delivering his manifesto pledge to create an event for... Read More
Africa News, Breaking News, community, Education, Nigeria News, World News
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Stella Okotete: The President has the right to appoints executives into boards and agencies

Nigeria’s President Muhammadu Buhari had some months ago approved the re-appointment of the entire board of the executive management of Nigeria Export-Import (NEXIM) Bank.   The formal board appointment is for a 5-year term and renewable for the same period, with the present management in office from the 10th April, 2017.   Extract – “Section... Read More
Africa News, Breaking News, Nigeria News, World News
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THOUSANDS ATTEND S’WEST APC PRESIDENTIAL RALLY IN LAGOS, AS TINUBU TAKES CAMPAIGN TO THE YOUTH

•Sanwo-Olu, Progressive Governors: ‘He’s country best choice for president’   •‘PDP about to repeat another failure in Lagos’ – Tinubu  Surulere – the Lagos city that hosted the first All Progressives Congress (APC) convention after the party was formed in 2014 – became a beehive of political carnival on Saturday. A mammoth crowd thronged the... Read More
Africa News, Breaking News, Nigeria News
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2023: Tinubu meets Niger Delta leaders – Promises to complete projects

Tinubu meets Niger Delta leaders, promises regular consultations on region’s development     All Progressives Congress Presidential Candidate, Asíwájú Bola Ahmed Tinubu, on Friday in Oporoza, Gbaramotu Kingdom, promised to engage in regular consultations with Niger-Delta leaders to facilitate the formulation of policies and initiatives that will enhance the region’s development.   He spoke in... Read More
Africa News, Breaking News, community
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