Ajaokuta Steel To Gulp $1.5bn, To Be Completed In 2022

Nigeria's giant steel company, Ajaokuta Steel Company will begin full production in 2022 as the Russian Government, through the Russian Export Centre and the Africa Export-Import Bank (Afreximbank), is expected to commit $1.465bn to the moribund steel company’s revitalization.

FG Appoints New CAC Registrar-General

The Head of Public Affairs, Corporate Affairs Commission (CAC), Mr. Moses Adaguusu has on Thursday said the Federal Government appointed Alhaji Garba Abubakar as the new Registrar-General of  CAC.

Getting Senator With N1billion Property As Surety Not Feasible – Maina

The embattled former Chairman of the defunct pension reform Task Team, Abdulrashid Maina, who is undergoing trial on charges bordering on money laundering involving N2 billion, has today appealed to the Federal High Court sitting in Abuja to review some of its condition attached to his bail over N1bn granted to him by the court last November.

Nigerians To Get 18 Hours Power Supply - FG

Nigeria's Minister of Power, Engr. Sale Mamman has disclosed that Nigerians may commence enjoying about eighteen (18) hours of power supply daily as soon as power generation and distribution get to 7,000 megawatts.

Payment System: CBN Releases Framework

Nigeria's apex bank, CBN on Monday 6th January 2020 released the Nigerian Payments System Risk and Information Security Management Framework to guide the management of risks associated with the payments system in Nigeria.

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