The Electricity Distribution Companies have decried the attempt by the Nigerian Electricity Regulatory Commission to distance itself from the July 1 commencement of increase in electricity tariff.
Taxaide Technologies Limited (Taxtech), a National Information Technology Development Agency (NITDA)-licensed Data Protection Compliance Organisation (DPCO) and an ISO 27001:2013 certified organisation has emphasised the need for public institutions to take the subject of Data Protection more seriously.
The bears remained in control of the market yesterday as sell pressure continued. Owing to this, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell by 0.02 per cent to close at 24,750.06, while market capitalisation shed N2 billion to close at N12.9 trillion.
The European Union (EU) and United Nations (UN) have delivered essential medical supplies to the federal government of Nigeria to help the fight against the COVID-19 pandemic in the country.
Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, on Monday, June 8, 2020, ordered the interim forfeiture of the sum of N827, 679, 098 (Eight Hundred and Twenty-seven Million, Six Hundred and Seventy-nine Thousand, Ninety- Eight Kobo), recovered from an account belonging to a contractor with Niger Delta Development Commission (NDDC), one Matthew Edevbie, Chief Executive Officer, Flank Power Resources Limited, to the Federal Government of Nigeria.
The Economic and Financial Crimes Commission, EFCC, Port- Harcourt’s Zonal office, on June 4, 2020, arraigned a spurious managing director of a micro finance bank, Belema Abibo and Cosmopolitan micro finance Bank limited, before Justice M. L Abubakar of the Federal High Court sitting in Port Harcourt, Rivers State, on two count-charges bordering on obtaining money by false pretences to the tune of N100 million.
