NDIC Commences Claims Settlement For Depositors Of Failed Microfinance Banks

NDIC Commences Claims Settlement For Depositors Of Failed Microfinance Banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the settlement of insured deposit claims for customers of the 46 microfinance banks whose operating licences were revoked by the Central Bank of Nigeria (CBN), deploying electronic payment channels to accelerate reimbursements. Managing Director and Chief Executive of the NDIC, Mr. Thompson Sunday, disclosed this on the…

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Democrat Push To Hike Taxes On Energy Companies Will Help No One, Analysts Warn

Oil industry advocates are blasting Democratic proposals to hike taxes on major oil companies, arguing that they would punish shareholders without lowering fuel prices. Pro-oil advocates say congressional Democrats’ recent legislative push would punish investors in oil and gas companies without providing relief at the pump. Instead, they argue the higher tax burden would discourage…

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ECN DG rains N17m on youths, raises new energy leaders

ECN DG rains N17m on youths, raises new energy leaders

From Charity Nwakaudu, Abuja More than 80 young Nigerians smiled home with startup grants and leadership certificates on Friday as the Director-General of the Energy Commission of Nigeria (ECN), Dr. Mustapha Abdullahi, empowered them under the maiden Mustapha Abdullahi Energy Leadership Fellowship (MAELF) 2026. The week-long residential fellowship, fully sponsored by Abdullahi through the DAM…

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BREAKING: After Mary Habila’s Death, Ebonyi Traditional Council Led By Umahi’s Brother Announces Spiritual Cleansing, Declares Curfew

BREAKING: After Mary Habila’s Death, Ebonyi Traditional Council Led By Umahi’s Brother Announces Spiritual Cleansing, Declares Curfew

The Uburu Traditional Rulers Council in Ohaozara Local Government Area of Ebonyi State has announced a community-wide spiritual cleansing exercise, declaring a dawn-to-dusk curfew across the community, weeks after the controversial death of a young woman, Mary Habila, at the residence of the Minister of Works, Senator David Umahi. The announcement, contained in a public…

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