Buhari orders ‘immediate re-engineering of security apparatus.”

Major General Babagana Monguno (rtd.), the National Security Adviser, said President Muhammadu Buhari, on Tuesday, again expressed his dissatisfaction over the security situation in the country saying the President has therefore ordered “an immediate re-engineering of the entire security apparatus.” Monguno spoke to State House correspondents while briefing journalists on the outcome of a meeting of the National Security Council presided over by President Mohammadu Buhari. The meeting, which was attended by Vice-President Yemi Osinbajo; heads of the nation’s security agencies and relevant ministers, was held a day after the…

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Another NDDC Scandal: Pondei, others collected N5bn for medical checkup

The Senate report on the alleged financial recklessness in the Niger Delta Development Commission has revealed how the top management of the agency shared N4.9bn among themselves in the guise of medical checkup. The document also showed that the management paid N114.9m as supplementary medical allowance to 26  staff member during the same period. It stated that both disbursements were made when the nation was under lockdown to check COVID-19 spread. The report was adopted and approved by the Senate shortly before it proceeded on its annual recess penultimate week.…

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BEDC to improve power supply in Igarra, environs

In attempt to significantly improve power supply to Igarra town and other communities in Akoko Edo LGA of Edo State, BEDC has finalized the design, and at the stage of awarding contract for the construction of a 33KV line from Okpella to Igarra.  The project once completed, it was gathered, will change the source of supply to the recently completed 60MVA Power Transformer at Okpella TS and cut off the existing source from Okene TS under Abuja Electricity Distribution Company, which has not been reliable because of the lengthy feeder…

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FirstBank hosts FINTECH SUMMIT 4.0, to promote Nigeria’s Banking Technology

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2020 edition of its annual FinTech Summit is scheduled to hold on Thursday, 6 August 2020 by 12.00 noon. The event will be virtually held via Zoom Meetings.  The 2020 edition of the summit, which is the fourth in its series is themed; “How Blockchain and Artificial Intelligence will Disrupt FinTech in Nigeria” and will be discussed by experts, key and leading players, policy influencers and regulatory officials in the Nigerian financial, banking and technological…

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