Disclosure News

Factual Reportage

Johnson Akinnawo becomes NBET’s Acting MD as Ewelukwa’s tenure expires

BY AKUDORO GLORIA The Federal Government has appointed Mr. Johnson Akinnawo as the Acting Managing Director and Chief Executive Officer of the Nigerian Bulk Electricity Trading Plc (NBET). Akinnawo’s appointment was sequel to the expiration of Dr. Nnaemeka Ewelukwa four years tenure as MD/CEO of the company on 24 July, just four months ahead when […]

Glo 1 increases capacity, marks 8 years of connectivity

Glo 1, the international submarine cable solely owned by Globacom, Nigeria’s digital solutions provider, has reached eight years of continuous connectivity milestone. As a result, the facility’s operations have not encountered any downtime since 2016, thus guaranteeing continuous connectivity for both corporate and individual clients who depend on it for their internet needs. Recall that […]

Glo Flex Win offers cash, excitement to customers 

Telecommunications company, Globacom, has unveiled a new lottery service tagged Glo Flex Win,which offers customers the opportunity to win cash while showcasing their thinking ability.  The company said in a press statement that subscribers will be presented with trivia questions covering an expansive range of topics from general knowledge to pop culture. “With each correct answer, they will not only […]

Reps call for suspension of NMDPRA CEO over ‘unguarded statement’

The House of Representatives has called on President Bola Ahmed Tinubu to suspend the Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed for his ‘unguarded comments’ on the quality of petrol produce at Dangote refinery. The lawmakers urged that the NMDPRA boss be suspension pending the conclusion of the […]

NNPC boss reacts to Aliko Dangote claim on blending plant in Malta

The Group Chief Executive Officer of NNPC Limited (NNPC Ltd), Mr. Mele Kyari, has reacted to the claims by the President of Dangote Group that some NNPC workers have established a blending plant in Malta. Kyari made this observation on Tuesday via his X handle, assuring that the Company’s compliance grid will be applied to […]

Operators offer telecom consumers data management tips

In a concerted effort to address widespread complaints about data depletion, Nigeria’s Mobile Network Operators (MNOs) have collaboratively launched a consumer sensitization campaign aimed at providing practical guidance for more effective data management.This initiative is designed to enhance consumer satisfaction by helping subscribers optimize their data usage.In a unified statement, the MNOs highlighted several smart […]

AEDC appoints Chijioke Okwuokenye as Acting MD

BY AKUDORO GLORIA Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the Acting Managing Director, with immediate effect. This announcement is contained in a statement signed by AEDC’s Head, Marketing and Corporate Communications, Adefisayo Akinsanya on Monday, 22 July 2024. She said the appointment, which is part of the […]

Monopoly allegations : Dangote withdraws from steel investment

Aliko Dangote, President and CEO of Dangote Group, has revealed that the company will forgo its plans to invest in Nigeria’s steel sector to prevent potential monopoly allegations. In a statement made on Saturday at his Lagos refinery, Dangote explained that the decision to withdraw was made by the company’s board to avoid any implications […]

Respite as UAE lifts travel ban on Nigerians

The Federal Government and the United Arab Emirates (UAE) have reached an agreement vacating travel restrictions imposed on Nigerians with immediate effect. A statement signed by Minister of Information and National Orientation, Mohammed Idris, on Monday, said the move was prompted by a new robust talks between the two countries. It reads : “Following successful […]