NRC confirms seven crew members missing, loses N80m over suspension of operation
Written by Issa Babatunde Ahmed
06 April, 2022
The Nigerian Railway Corporation said on Tuesday, April 5, that it had still not been able to contact the 163 passengers and seven crew members who boarded the AK9 Abuja-Kaduna train on March 28, 2022, when it was attacked by terrorists. Fidet Okhiria, the NRC's Managing Director, revealed this in the corporation's sixth update on the train attack. He did, however, say that 191 passengers had been confirmed safe and were in their various homes with their families, and that work was being done to reopen the rail line. "191 persons on the manifest are now confirmed safe and at their various homes," Okhiria said of the 362 validated passengers who boarded the train. Today, five more people were confirmed safe. “46 phone numbers on the manifest are still either switched off or not reachable since Tuesday morning. 33 phone numbers on the manifest are ringing but still no response…
Reps committee investigation reveals NSITF failed to remit N3.8bn
Written by Issa Babatunde Ahmed
06 April, 2022
According to the House of Representatives' ad hoc committee on unclaimed funds in commercial banks and CBN infractions, the Nigerian Social Insurance Trust Fund (NSITF) owes the federal government N3.8 billion. The chairman of the committee, Unyime Idem, revealed this at the panel's ongoing investigative hearing on Tuesday, 5 April, according to The Cable. According to Idem, the sum represented the amount that the agency did not remit to the government from 2016 to 2018. According to him, the agency only submitted audited financial statements for this period, and the debt figure was calculated by the committee based on the documents it received. Idem also claimed that between 2015 and 2020, the National Business and Technical Examinations Board (NABTEB) failed to remit N268 million to the federal government. “These figures are extracted from documents that they submitted before us. I wonder what would happen by the time they fully submit…
Candidates will be charged an additional fee as JAMB raises the service charge due to the high cost of diesel.
Written by Issa Babatunde Ahmed
05 April, 2022
Candidates who participate in the Joint Admissions and Matriculation Board's 2022 mock Unified Tertiary and Matriculation Examination must pay a service charge of N1,000 to the CBT centers where they are assigned to sit for the examination. According to Punch, the board noted that it raised the service charges from N600 to N1,000 due to the high cost of diesel in the country. Due to the increase in the price of diesel in the country, JAMB promised to provide soft-landing for CBT centers. The board also reiterated that the mock examination is entirely optional. The board made this disclosure in its weekly bulletin, which was made available in Abuja on Monday, 4 April, by the JAMB's Head of Media and Public Relations, Dr Fabian Benjamin. The mock exam would take place on Saturday, April 9, 2022. “All candidates who had indicated their interest to sit the optional Mock-UTME are to…
Parthian Securities to Hold Investment Clinic on ETFs in Nigeria
Written by Kunle Awosika
29 March, 2022
Parthian Securities Limited is set to host the investing public to a virtual Investment Clinic themed, "Exchange Traded Funds (ETFs): What they are and how to access them in Nigeria" on Thursday, March 31, 2022, at 2:30 pm WAT.
Cerebral Pen-pusher, Dayo Oketola of PUNCH Newspaper Soars
Written by Kunle Awosika
29 March, 2022
The management of PUNCH Nigeria Limited has announced changes in its newly established Content Division with the appointment of a new head for the division as well as new editors.
Dangote sponsors Ogun and Enugu Trade Fairs with pocket friendly products
Written by Kunle Awosika
28 March, 2022
As part of efforts to rev up commerce, industry and ecnomic activities, Dangote Industries Limited is sponsoring the ongoing international trade fairs in Abeokuta and Enugu, the capitals of Ogun and Enugu States respectively.
IGP Encourages Nigerians to Take Advantage of its Crime Reportage Feature
Written by Kunle Awosika
26 March, 2022
The Inspector-General of Police, IGP Usman Alkali Baba, psc (+), NPM, fdc, has confirmed an upgrade of the Nigeria Police Force crime reporting mobile application known as ‘NPF Rescue Me’ application which is valuable to effectively report emergencies, criminal activities, and professional misconducts of police officers, for rapid and immediate reaction by operatives of the Nigeria Police Force.
Heritage Bank, LCFE explore opportunities in commodities ecosystem to support CBN’s $200bn FX repatriation
Written by Kunle Awosika
21 March, 2022
Heritage Bank Plc, Lagos Commodities and Futures Exchange (LCFE) and other participating financial institutions explored opportunities on export revenue from the Commodities Ecosystem as part of its supports to the Central Bank of Nigeria’s (CBN) to raise $200billion in foreign exchange repatriation from the non-oil exports over the next three to five years.
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