Obajana Acquisition: Kogi State Presents Report, Moves To Recover Cement Company From Dangote

Oct 06, 2022, Kogi State Government has presented to the public, the report of the Specialised Technical Committee on the Evaluation of the Legality of the Alleged Acquisition of Obajana Cement Company Plc by Dangote Cement Company Limited. The detailed report, submitted to state Governor, Alhaji Yahaya Bello last month, was presented to the public…

Read More

CBN has no plan to close community associations’ accounts – investigations

July 31, 2022 By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) did not direct Deposit Money Banks to seize fund in Community Associations’ Savings Accounts. There has been apprehension among members of Community Development Associations, Cooperative Societies and Social Clubs over reports that accounts held by such organisations which were not…

Read More

NIMASA board appoints three new directors, approves promotion of 469 others

The Governing Board of the Nigerian Maritime Administration and Safety Agency has approved the appointment of three new Directors, Mr. Otonye Obom, Captain Umoren Sunday Michael, and Mr. Kazir Abubakar Musa. The Directors were promoted along with 18 Deputy Directors and 20 Assistant Directors. 431other staff were elevated to their next grade levels. The promotions…

Read More