The ministry of transportation has announced the appointment of Mohammed Bello-Koko as the substantive managing director of the Nigerian Ports Authority. NPA. His appointment was confirmed in Tuesday after he has acted as Acting Managing Director following the suspension of Hadiza Bala Usman in May 2021. Recall that Usman was […]
Business
President Buhari Requests for Additional Provision of 2.557 Trillion Naira for Fuel Subsidy
President Muhammadu Buhari has asked for an additional provision of N2.557 trillion for petrol subsidy in 2022. This was contain in a letter sent to the national assembly requesting consideration and approval to accommodate the additional fuel subsidy funding. The letter was read by Senate President Ahmad Lawan at the […]
Anambra Businessmen Lament Alleged Extortion By Fake Tax Collectors
Some business men in Anambra state have lamented harassment by agents under the pretext of collecting taxes. It was alleged that the revenue collectors use members of the Nigerian Security and Civil Defence Corps, NSCDC, and the Traffic Management Agency, ATMA, to beat up and torture people. According to the report, […]
President Buhari Approves the Establishment of Nigeria Data Protection Bureau, Approves Appointment of Dr Vincent Olatunji as CEO
Following a request by the Minister of Communications and Digital Economy, Prof. Isa Pantami, President Muhammadu Buhari has approved the establishment of the Nigeria Data Protection Bureau to ensure compliance with the Nigeria Data Protection Regulation. The approval, according to a statement on Friday by the minister’s spokesperson, Uwa Suleiman […]
NNPC Assures Nigerians of Seamless Petroleum Supply
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has assured Nigerians that there would be no strain in the supply of petroleum products. He made this known on Tuesday in Lagos at a strategic conference themed ‘Petroleum Industry Act: Energy Transition and the Future of Nigeria’s […]
CBN Governor Blames Dwindling Foreign Reserves on Medical Tourism
The Governor of Central Bank of Nigeria (CBN) has decried the huge strain put on the country’s foreign reserve by medical tourism. He made this known on Friday at the launch of a newly built, private-owned health facility located in Ikeja, Lagos. He lamented that for every 1 billion dollars […]
Nigeria’s Inflation Rate Drops for Seventh Consecutive Month
Nigeria’s inflation figure has declined for a seventh consecutive month to 16.63 per cent. This was disclosed by the Statistician-General of the Federation, Simon Harry, while speaking at a press briefing in Abuja on Friday. According to a report released by the Nigeria Bureau of Statistics, the Consumer Price Index […]
President Buhari Receives Certificate of Incorporation of NNPC Limited
President Muhammadu Buhari on Friday, October 8 received the certificate of incorporation of the Nigeria National Petroleum Company Limited (NNPC), charging the Board of Directors, Chief Executive Officer, and Chief Finance Officer, to deliver a global national oil company. This was made known by the Special Adviser to the President […]
CBN Postpones The Unveiling Of enaira
The Central Bank of Nigeria has postponed the unveiling of the country’s first digital currency, eNaira, citing key activities lined up for Nigeria’s independence anniversary. Osita Nwasinobi, spokesperson of the CBN, in a statement on Thursday, said the suspension of the launch was in deference to the mood of national […]
Emirates Airline extends the resumption of flights to and from Nigeria till October 10.
Emirates Airline, flag carrier of the United Arab Emirates (UAE), has extended the resumption of flights to and from Nigeria till October 10. This was announced by the airline in an updated statement on its website, as a diplomatic row between Nigeria and the United Arab Emirates (UAE) deepens. Regretting […]