In a video that has gone viral on social media, an incident unfolded where a landlord unleashed his dog on a tenant due to an outstanding debt of N45,000. The footage has sparked a range of reactions online, highlighting concerns about the landlord’s behavior and the treatment of tenants. According to eyewitnesses, the altercation began … Read more
The Central Bank of Nigeria (CBN) has launched SabiMoni, a new financial inclusion platform aimed at promoting financial literacy and inclusion in the country. CBN Governor, Godwin Emefiele, announced the launch and expressed the bank’s commitment to achieving a 95% financial inclusion target by 2024. SabiMoni is expected to have a significant impact on increasing … Read more
NNPC Plans to List Shares for Public Investment: The Nigerian National Petroleum Company Limited (NNPC) has announced its intention to offer shares of the oil company to the public, marking a departure from its previous fully state-owned structure. The move is in line with the newly enacted Petroleum Industry Act 2021 (PIA) and aims to … Read more
The Chairman of the Senate Committee on Power, Senator Gabriel Suswam, has revealed the entities owing the highest electricity debts to Distribution Companies (DisCos) in Nigeria. State governments, educational institutions, and military formations are listed as the major debtors, hindering the DisCos’ ability to invest in power infrastructure and upgrade operations. To address the issue, … Read more