Banking Business Politics

Reps Committee confirms Polaris Bank sale followed procedure

The chairman of the House of Representatives Ad hoc Committee looking into the sale of Polaris Bank, Mr. Henry Nwawuba, stated on Thursday that the sale of the bank was proceeding legally. The politician made this remark at a press conference held at the National Assembly in Abuja. He allayed investors’ concerns about the financial Read More…

Business Telecommunications

FG orders reversal of unilateral increase in mobile tariffs

The impacted Mobile Network Operators (MNOs) have been ordered by the Federal Government to reverse the arbitrary upward pricing hikes. The directive was issued by the Nigerian Communications Commission (NCC) in a letter dated October 12 in response to media reports of the recently approved 10% upward pricing increases being implemented unilaterally. The service providers’ Read More…

Housing Metro

Sanwo-Olu tasks NIOB on mass housing delivery

The governor of Lagos State, Mr. Babajide Sanwo-Olu, urged professional builders on Wednesday to take advantage of numerous opportunities in the state to aid in the construction of affordable mass housing. This was said by Mr. Adebayo Odusanya, Permanent Secretary, Office of Works who represented Sanwo-Olu at the 31st Lagos Builders’ Conference, which was held Read More…