ShareBy Aluta News Jan. 26, 2024 The Nigeria Customs Service (NCS) Onne, Area 11 Commandin Rivers, generated N313 billion, accounting for 93 per cent of its 2023 target. Mr Baba Imam, Comptroller of the Command, announced this on Friday while commemorating the World Customs Day at the command’s cooperate officeContinue Reading
ShareBy Aluta News Jan. 26, 2024 Mr Jude Chiemeka, Acting Chief Executive Officer (CEO), Nigerian Exchange Ltd. (NGX), says the stock market facilitated the raising of over N3.85 trillion by government and corporate entities to finance various projects. Chiemeka stated this in an interview with the News Agency of NigeriaContinue Reading
ShareBy Aluta News Jan. 23, 2024 An aggrieved customer has dragged Abuja Electricity Distribution Company (AEDC) before a Lokoja High Court demanding N50 million in general damages over alleged wrong billing. The claimant, Mr Ugochukwu Orakwue, a resident of Kogi, in an originating summon, filed before justice Nicodemus Auwalu, ofContinue Reading
ShareBy Aluta News Jan. 23, 2024 The Independent Petroleum Marketers Association of Nigeria (lPMAN) says incessant increase in tariff of petroleum products by the Nigerian Midstream and Downstream Petroleum Regulatory(NMDPRA) might adversely hinder the success of oil subsidy removal. Alhaji Debo Ahmed, National President, IPMAN made the observation in aContinue Reading
ShareBy Aluta News Jan. 23, 2023 The Debt Management Office (DMO) on Tuesday re-opened four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through auction. In a statement on Tuesday in Abuja, DMO said that the first offer was a March 2027 FGN Bond valued at N90Continue Reading
ShareBy Aluta News Jan. 19, 2024 The management of Kaduna Electric, which distribute power to customers in Kaduna, Sokoto, Zamfara and Kebbi states, has decided to maintain it tariff in spite of the new tariff order. This was contained in a statement by the company’s head of corporate communication, AbdulazeezContinue Reading
ShareBy Aluta News Jan. 17, 2024 Some telecommunications subscribers on Wednesday expressed displeasure over the barring of their lines by telcos, despite having linked their National Identification Number (NIN) with their SIM cards. The subscribers expressed their displeasure in separate interviews with the News Agency of Nigeria (NAN) in Lagos.Continue Reading
ShareBy Aluta News Jan. 11, 2024 The Central Bank of Nigeria (CBN), has appointed new executives for Keystone, Polaris and Union Banks, following dissolution of the board and management of the banks on Wednesday. This is contained in a statement issued by CBN’s Acting Director, Corporate Communications Department, Mrs HakamaContinue Reading
ShareBy Aluta News Jan. 10, 2024 The Nigerian National Petroleum Company (NNPC) Ltd says it recorded a profit of N2.548 trillion in 2022. The national oil company in its 2022 Financial Performance Report posted online described the profit as the highest since its inception in 1977. The financial report statedContinue Reading
ShareBy Aluta News Jan. 9, 2024 Globacom Ltd, a Nigerian Telecommunications Company on Tuesday denied reports making the rounds that it was owing MTN interconnect charges. A reliable source in Globacom told the News Agency of Nigeria (NAN) in Lagos that the amount due for payment was N1.6 billion andContinue Reading
