The Securities and Exchange Commission (SEC) Nigeria on Tuesday disclosed that Justice A.R. Mohammed of the Federal High Court in Abuja had scheduled July 13, 2023, for the cross-examination of the final defence witness in the fraud case against Midland Capital Market Limited and its Managing Director, Mr. Sam Kwandi. The commission, in a statement […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil production decreased to an average of 998,602 barrels per day (bpd) in the month of April 2023. Data released by the commission on the hydrocarbon resources output in the month under review, showed that the country produced 1.2 million (mbpd) April, comprising […]
The Nigeria Customs Service (NCS) Kwara Area Command has reported N3,566,997,587.12 as its generated revenue in the first quarter of this year The State Area Comptroller of the Service, Mr. Kehinde Ilesanmi, made the disclosure while briefing journalists on the activities of the Command in Ilorin, Kwara State. The Comptroller reported that the Command recorded […]
Following the failure of Michael Ukiye Diongoli and UK Dion Investment Limited to appear in court, the prosecution has applied to Justice Zainab Abubakar to issue a criminal summon to ensure the accused appears in court on June 19th for commencement of trial. When the matter came up for arraignment Tuesday, the defendant was not available in […]
The Nigerian Communications Commission (NCC) on Tuesday disclosed that it was aware of a fake LinkedIn account being attributed to its Executive Vice Chairman and Chief Executive Officer, Prof Umar Garba Danbatta, and warned the public not to use it as a communication channel for any reason. The commission, in a statement issued by its […]
The Central Bank of Nigeria (CBN) on Thursday warned members of the public on a fraudulent recruitment portal opened by fraudsters requesting applicants to submit their application for employment, adding that it has nothing to do with the spurious portal. The apex bank, in a statement issued by its Acting Director, Corporate Communication, Dr Isa […]
The Nigerian Communications Commission (NCC) has maintained that it is not responsible for regulating social media networks’ contents some of which have recently sparked some controversies and many stakeholders have complained about. The commission made this clarification when a delegation of the National Civil Society Council of Nigeria (NCSCN), led by its Executive Secretary, Amb. […]
De.Fi, a leading antivirus and app provider, has reported that cryptocurrency promoters and investors lose over $452 million to hackers and scammers in the first quarter of this year, representing a 65.23% decline from the loss recorded in the corresponding quarter of 2022. The report by the app provider indicated that the loss still highlighted […]
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has recommended that users of the popular messaging app, WhatsApp, set up Two-Factor Authentication (2FA) to avoid falling victim to account takeover by hackers. In an advisory issued on Tuesday, the team noted that WhatsApp, which is a Meta-owned service, was increasingly becoming a prime […]
The Nigerian Communications Commission (NCC) has debunked allegations of telephone “tracking” and “leakage” leveled against it by some individuals and groups in the social and alternative media, saying the allegations are mischievous and totally false The Commission, in a statement issued by its Director, Public Affairs, Mr. Reuben Muoka, expressed its concern about the spurious […]