Disclosure News

Factual Reportage

MoneyMaster PSB attends Ojude Oba to promote mobile wallet

MoneyMaster Payment Service Bank Limited (MMPSB), a leading payment service bank, is attending the 2024 Ojude Oba Festival to promote its mobile wallet, which simplifies banking transactions in the country. The Payment Service bank is licensed by the Central Bank of Nigeria and insured by NDIC to promote financial inclusion in furtherance of the Nigerian […]

Globacom commits to Ojude Oba 2024

Digital solutions provider, Globacom, has declared its sponsorship of the Ojude Oba Festival for this year. The event holds in Ijebu Ode on Tuesday, June 18, 2024. At the pre-event press conference held on the grounds of the Awujale’s Palace in Ijebu Ode, Ogun State, Globacom’s representative, Mr. Kazeem Kaka, stated that the company was […]

Again, vandals destroy newly rebuilt towers along Damaturu-Maiduguri power line

The Transmission Company of Nigeria, TCN, hereby states that two of its towers, T193 and T194, along the Damaturu -Maiduguri 330kV Single Circuit Transmission Line have again been destroyed by vandals. The incident, TCN believes happened at about 10:15pm, yesterday night, when the 150MVA power transformer at Molai Substation tripped at the same time as […]

Tinubu commends Tolaram Group for believing in Nigeria’s economy

By Williams Orji President Bola Ahmed Tinubu has commended the Indonesian business conglomerate, the Tolaram Group, for believing in Nigeria and having absolute faith in her economy. Tolaram, which partnered Nigeria to build the Lekki Free Trade Zone and the country’s first deep sea port, according to a statement from Bayo OnanugaSpecial Adviser to the […]

FAAC shares N1. 143trn among FG, states, LGs in May

The Federation Accounts Allocation Committee (FAAC) has disbursed N1.143 trillion among the Federal Government, States, and Local Government Councils. The distribution was made during the June 2024 FAAC meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. A communiqué by FAAC detailed the revenue breakdown: the total distributable revenue […]

NNPCL refutes report on alleged N3.3trn inflated subsidy claims

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has debunked a report alleging that its inflated subsidy claims with federal government by 3.3 trillion Naira. This disclaim is accordance with the statement signed by the NNPCL Chief Corporate Communications Officer, Mr. Olufemi Soneye, in Abuja on Monday 10th June 2024. The statement read, “NNPC Ltd. […]

DStv, GOtv tariff hike: Tribunal fines MultiChoice N150m, orders 30 days free subscription

The Competition and Consumer Protection Tribunal has imposed a fine of N150 million on Multichoice Nigeria, the company behind DStv and GOtv, for challenging the tribunal’s jurisdiction. Additionally, Multichoice has been ordered to offer a one-month free subscription to all its subscribers in Nigeria. The decision was handed down on Friday by a three-member panel […]

Fuel subsidy removal still enforce – FG

Federal Government has stated that the days of fuel subsidies are gone. This was stated in response to a leaked draft report of the Accelerated Stabilisation and Advancement Plan (ASAP), which was given to President Tinubu by Wale Edun, the minister of finance, on Tuesday. It was in the news that the federal government has […]

Fashion takes centre stage on Glo-sponsored CNN African Voices

African Voices, the 30-minute programme of the Cable News Network (CNN), this week profiles two Nigerian fashion icons making waves across the globe. African Voices Changemakers is sponsored by telecommunications services provider, Globacom. The guests are Andrea Iyamah, a Nigerian-Canadian fashion designer and Ruth Erikan James, whose brand name is known as Veekee James. Born […]