…Launches Lagos 30-year Dev’t Plan 2022-2052 …Signs State Wealth Fund, Civil bills By Moses Adeniyi When it’s time, men would be separated from toddlers” was the view of Lagos State Governor, Mr Babajide Sanwo-Olu at the closing Ceremony of the…
By Seun Ibiyemi The Comptroller General of Customs Strike Force, Zone ‘A’ said it has intercepted 3,525 litres of Premium Motor Spirit, a pump action rifle, locally fabricated pistol and 14 live cartridges among other smuggled items worth N390,198 million.…
The Senate on Wednesday passed the N65,905,252,467 budget of the Nigeria Police Trust Fund (NPFTF) for the year 2022. The amount is made up of personnel expenditure of N948,810,609.29, total overhead costs; N8,857,106,527.44 and total capital expenditure of N56,099,335,330.35. The…
Justice A. T. Mohammed of the Federal High Court sitting in Port Harcourt, Rivers State, has convicted and sentenced a former banker, Emeka Okafor, to one year imprisonment, for forgery and uttering of documents. He was jailed on Tuesday, October…
The Senate on Wednesday passed for a second reading the N608 billion 2022 Appropriation Bill for the Federal Capital Territory (FCT). This was after a debate on the general principles of a Bill for an Act to authourise the issue…
Adewale Kupoluyi Recently, President Muhammadu Buhari presented the 2023 appropriation bill to the National Assembly. Record shows that N20.5 trillion (or $47.3 billion) was the proposed expenditure by the Federal Government to run the economy in 2023, which reflects the…
…Calls for collaboration to aid trade facilitation By Seun Ibiyemi The International Chamber of Commerce (ICC) Nigeria has called for collaboration with Nigerian Shippers’ Council (NSC)to aid trade facilitation in Africa. The Chairman, ICC Global Customs & Trade Commission, Mr.…
By Matthew Denis Abuja The Federal Executive Council (FEC) has approved the establishment of Maintenance Repair and Overhaul (MRO) centre. The faculty being the first in Africa will generate about $185 million. This is following the issuance of a Full…
The House of Representatives has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on Wednesday during plenary after adopting a motion of urgent public importance by Rep. Henry…
Banking sector data from the October 2022 report from the National Bureau of Statistics (NBS) says the oil and gas industry was one of the top credit allocations for private sector businesses in 2021. The total credit allocated to the…
