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Trump Orders Total Blockade of Sanctioned Oil Tankers to Venezuela

Trump Orders Total Blockade of Sanctioned Oil Tankers to Venezuela

by Abdul-Wahab Muhammad Ibaku | Dec 17, 2025 | International, NEWS

  US President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers going in and out of Venezuela. In a post made on Tuesday on X, he said Venezuelan leader, Nicolás Maduro’s government had been designated a foreign terrorist...
Dangote Petitions ICPC Over Alleged Corruption at NMDPRA

Dangote Petitions ICPC Over Alleged Corruption at NMDPRA

by Abdul-Wahab Muhammad Ibaku | Dec 17, 2025 | Economics, NEWS

  The Independent Corrupt Practices and other Related Offences Commission (ICPC) says it will probe an allegation against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk. Aliko Dangote, the...
NDIC Starts Paying Insured Deposits of Aso Savings, Union Homes

NDIC Starts Paying Insured Deposits of Aso Savings, Union Homes

by Abdul-Wahab Muhammad Ibaku | Dec 17, 2025 | Business/Finance, NEWS

  The Nigeria Deposit Insurance Corporation (NDIC) has began the liquidation of Aso Savings and Loans Plc as well as Union Homes Savings and Loans Plc following the revocation of their operating licences by the Central Bank of Nigeria (CBN). In a notice issued on...
NDIC Starts Paying Insured Deposits of Aso Savings, Union Homes

CBN Withdraws Operational Licences of Two Mortgage Banks

by Abdul-Wahab Muhammad Ibaku | Dec 17, 2025 | Economics, NEWS

  The Central Bank of Nigeria (CBN) has revoked the operational licences of Aso Savings and Loans Plc as well as Union Homes Savings and Loans Plc over persistent violations of banking regulations. The apex bank made this known in a statement signed by the Acting...
Senate Confirms Two NERC Commissioners

Senate Confirms Two NERC Commissioners

by Abdul-Wahab Muhammad Ibaku | Dec 17, 2025 | NEWS, Politics

  The Senate has confirmed the appointment of two Commissioners of the National Electricity Regulatory Commission (NERC). Those confirmed are Aisha Mahmud Kanti Bello, who was re-appointed, and Dr. Animashaun Fouad Olayinka, newly appointed. The confirmation was...
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