Under no circumstances should a customer be placed on estimated billing on account of the failure of a power distribution company to install a replacement meter, the Nigerian Electricity Regulatory Commission has said. According to NERC, Discos must desist from such acts henceforth, as a lot of customers had raised complaints about this. This directive […]
The Nigerian Labour Congress will today (Wednesday) hold a nationwide protest over moves by the National Assembly to remove the national minimum wage from the exclusive to the concurrent legislative list. The congress in an invitation to journalists on Tuesday said the protest would hold in the 36 states’ Houses of Assembly and at the […]
The UK has promised to return to Nigeria £4.2m ($5.8m) which was stolen by a former governor. Former Delta State Governor James Ibori was convicted of money laundering in the UK in 2012. Prosecutors say he stole an estimated £117m from the oil-rich state. This is the first time that money recovered from criminals will […]
A senior official of the Nigeria Customs Service has explained how operatives offered bandits seven bags of seized rice to save themselves from the criminals. Comptroller Aliyu Mohammed, who is the Coordinator of the Sector 4 Command of the Joint Border Patrol Team in the North West, narrated how the incident occurred during a press […]
….. Dubai to become one of the world’s first cities to implement digital verification of passenger medical records relating to COVID-19 testing and vaccination …. Emirates and Dubai Health Authority to create seamless digital verification of COVID-19 medical records for travelers Emirates and the Dubai Health Authority (DHA) signed a Memorandum of Understanding (MoU) which […]
The international oil benchmark, Brent crude, dropped on Monday after climbing above the $70 per barrel mark for the first time in over 14 months. Brent, against which Nigeria’s oil priced, fell by $1.30 to $68.06 per barrel as of 8:08pm Nigerian time on Monday, down from over $70 per barrel in the morning. The […]
The National Drug Law Enforcement Agency (NDLEA) has a notorious suspected drug trafficker, Hassan Taiwo, with three parcels of cocaine concealed in a false bottom created in his suitcase. Mr Femi Babafemi, who is the Director of Media and Advocacy at the agency, disclosed this in a statement on Monday. He noted that the suspect […]
Insurance companies providing Retiree Life Annuity (RLA) to retirees under the Contributory Pension Scheme (CPS) received N10.1 billion premium, in the fourth quarter of last year, The Nation has learnt. Life Annuity is a series of monthly or quarterly payments paid to a retiree for life and is jointly regulated by the National Insurance Commission […]
No fewer than 5.1 million pension fund contributors are set to undergo fresh data recapturing. This became necessary after they submitted either incomplete or no data during the previous data recapturing exercise in the pension industry, LEADERSHIP learnt at the weekend. Findings show that, of the 9.27 million Retirement Savings Account (RSA) holders, only 4.1 […]
The Central Bank of Nigeria has said its new ‘Naira for Dollar Scheme” which takes effect today, would provide Nigerians in the Diaspora with cheaper and more convenient ways of sending remittances to Nigeria. The policy, which gives N5 rebate for every $1 sent by Nigerians in the diaspora to the country, will be paid […]