BUHARI ASSENTS TO BANKS AND OTHER FINANCIAL INSTITUTIONS ACT 2020
By Mike Ibeleme (Finance Reporter)
President Muhammadu Buhari, on Thursday, November 12, 2020 assented to the Banks and Other Financial Institutions Act 2020.
Nigerian News Leader
First with details then facts 
Breaking News
- Colors: Cyan Color
FEDERAL EXECUTIVE COUNCIL OKAYS N13.08 TRILLION FOR 2021 FISCAL YEAR
By Helen Moghalu (Group Business Editor)
Nigeria's Federal Executive Council (FEC), at its Wednesday weekly meeting, approved N13.08 trillion budget for the 2021 fiscal year.
Corruption/Unethical Allegations: ADB PRESIDENT, AKINWUNMI ADESINA, FINALLY EXONERATED BY INDEPENDENT PROBE PANEL
By Aminatta Diof (Newsleader Correspondent, Abidjan)
African Development Bank (ADB) President, Dr Akinwunmi Adesina, has finally been exonerated of the sixteen allegations of ethical misconduct levelled against him in January this year by a group of whistleblowers.
IDEMILI PROFESSIONALS APPLAUD APPOINTMENT OF NNEKA ONYEALI-IKPE AS MD/CEO DESIGNATE OF FIDELITY BANK
By Kingsley Dokubo (Finance Correspondent)
A coalition of Igbo professionals from Idemili Federal Constituency of Anambra State known as Idemili Amaka, has hailed the appointment of Mrs. Nneka Onyeali-Ikpe as the Managing Director/CEO designate of Fidelity Bank PLC.
FIDELITY BANK APPOINTS FIRST FEMALE MD/CEO TO REPLACE NNAMDI OKONKWO * Assumes Duty January 1, 2021
One of Nigeria's top retail bank, Fidelity Bank Plc, has announced the appointment of Mrs Nneka Onyeali-Ikpe as the incoming Managing Director/Chief Executive Officer designate of the bank.
NBS PUTS NIGERIA'S INFLATION RATE AT 12.56%
The National Bureau of Statistics (NBS) has said the current Consumer Price Index, (CPI) which measures inflation rate increased to 12.56 per cent year-on-year in June 2020.
NIGERIA IN DARKNESS AS NATIONAL POWER GRID COLLAPSES AGAIN FOR THE FIRST TIME IN 2026
Most parts of Nigeria are currently in darkness as the National Power Grid has collapsed once again for the first time since the beginning of this year 2026.
Constant National Grid Collapse: SOUTH EAST CONSUMERS ASK FG TO LEARN FROM ABA POWER AND SET UP SECOND TRANSMISSION NETWORK
By Pascal Obiegue ( Energy Correspondent)
Electricity consumers in Nigeria’s Southeast geopolitical zone have advised the Federal Government to create a second transmission network to grapple with the problem of constant collapse of the national grid.
NNPC, DANGOTE STRENGTHEN STRATEGIC PARTNERSHIP
- Reaffirm Commitment To Healthy Competition Towards National Prosperity
By Celestine Okafor (Editor-in-chief)
As part of ongoing efforts to promote mutually beneficial partnerships and foster healthy competition, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have pledged to deepen collaboration aimed at ensuring Nigeria’s energy security and advancing shared prosperity for Nigerians.
Fuel Price Drop to ₦880/Litre: Marketers Lament Financial Hit
On Monday, petroleum product marketers expressed their grievances over financial losses following the Nigerian National Petroleum Company Limited's decision to reduce the price of Premium Motor Spirit (petrol) to N880 per litre in Lagos and N935 in Abuja.
WE'RE FLOODING ABA WITH PRE-PAID METERS LIKE NO OTHER DISCO.....Aba Power MD
By Boma Benson (Energy Correspondent)
Aba Power, Nigeria’s newest electricity distribution company (DisCo), has since the middle of January embarked on an aggressive provision of prepaid meters to customers as part of its strategic plan to be the first power firm in Nigeria to provide all customers with prepaid meters in the next 15 months.
ABA RECEIVES NORMAL ELECTRICITY AS PLANNED REDUCTION IS SHIFTED TO WEEKEND TO AID INDUSTRIALISTS
By Boma Benson (Energy Correspondent)
The Aba Ringfence comprising nine of the 17 local government areas (LGAs) in Abia State received normal electricity today rather than the planned reduction quantum arising from the repair of cuts on the oil pipeline that support gas operations, caused last weekend by vandals seeking crude oil and petroleum products from the Trans Niger Pipeline (TNP) traversing Imo and Rivers states.
