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Monthly Archives: June 2015

CBN extends BVN registration deadline to Oct. 31

The Central Bank of Nigeria (CBN) has extended the deadline for the Bank Verification Number (BVN) registration. The registration exercise which will now continue till October 31, 2015, had earlier been set for Tuesday, June 30 leading many customers to besiege banks, on deadline day. Many had earlier urged the …

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NLC to down tools in Edo over unpaid LG workers salary arrears

AKHERE Godwin, Benin The Nigeria Labour Congress (NLC) Tuesday, threatened to down tools in Edo State within two weeks, if the state government and local government councils failed to pay the outstanding salaries owed local government workers in the state. The State Chapter of the union gave the ultimatum when …

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CBN’s BVN registration deadline illegal — HURIWA

The Human Rights Writers Association of Nigeria (HURIWA) has condemned the decision of the Central Bank of Nigeria (CBN) “to subject Nigerian account holders to untold hardship because of the deadline unilaterally imposed on the so-called Banks Verification Number (BVN).” HURIWA in a statement issued, Tuesday, in Abuja called for …

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Vitol, Helios to pay $276m for majority stake in Oando Plc

Vitol Group and private-equity firm Helios Investment Partners have agreed to buy a majority stake in Nigerian oil firm, Oando Plc’s service station, fuel storage and supply business in West Africa for $276 million. Their joint venture will acquire 51 percent of the voting rights and a 60 percent interest …

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Pension scam: Court rejects plea bargain

Justice Abubakar Talba of the Federal Capital Territory High Court Tuesday rejected a plea bargain proposal mooted by persons accused of complicity in stealing pension funds. Ibrahim Ahmed Mazangari, Muhammed Sani Suleiman, Hajiya Fatima Mazangari, Saleh Yerima Tsojon and Xangee Technologies Limited were to be arraigned by the EFCC on …

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INEC: Prof Jega bows out; hands over to Ambassador Wali

In a brief ceremony in his office, the INEC Chairman, Professor Attahiru M. Jega this afternoon handed over to one of the National Commissioners, Ambassador Mohammed Ahmad Wali. Ambassador Wali’s tenure as National Commissioner will expire on 11th August 2015. Professor Jega explained to the National Commissioners who attended the …

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Atiku hails Jega’s impressive record, sets agenda for successor

As the Independent National Electoral Commission (INEC)’s Chairman, Professor Attahiru Jega, officially ends his tenure, former Vice President Atiku Abubakar has hailed the enviable record set by the electoral boss. According to Atiku, the successful conduct of the 2015 elections with the introduction of Card Reader and Permanent Voters Card …

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NASS crisis: APC adjusting to a new reality – Ndoma-Egba

The immediate past Senate Leader and principal partner of Ndoma-Egba Ebri & co. law firm, Senator Victor Ndoma-Egba (SAN), has described the leadership crisis rocking the 8th National Assembly as a reality hitting the face of the ruling All Progressives Congress (APC). According to him, the whole scenario playing out …

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Petr Cech completes transfer to Arsenal from Chelsea

  Arsenal have completed the signing of goalkeeper Petr Cech from London rivals Chelsea on a long-term contract for an undisclosed fee. The 33-year-old completed his medical on Friday and has now signed a £100,000-a-week contract, immediately making him one of the club’s highest earners alongside Mesut Ozil and Alexis …

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