Waivers and concessions granted by the administration of former President Muhammadu Buhari to investors have been identified by the Nigeria Customs Service (NCS) as reasons for a N1.3trillion loss incurred. The Comptroller-General of Customs, Adewale Adeniyi speaking on Wednesday at…
The Senate on Thursday in Abuja, confirmed the appointment of Dr. Aminu Maida as the substantive Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC). Maida was confirmed by the Senate during its plenary session where…
By Matthew Denis A former Minister of Finance, Olusegun Aganga has disclosed that for Nigeria to truly harness the power of corporate governance in both the private and public sectors for economic diversification and transformation, it must address certain challenges…
The Federal Government through the Niger Delta Power Holding Company has signed a Power Purchase Agreement with utility companies to distribute a total of about 250MW across the country. A document obtained from NDPHC said the power sale transactions have…
…Food, housing drive headline index increase — NBS …Food inflation rate skyrockets to 31.52% in October Nigeria’s inflation rate continues to soar, reaching a new high of 27.33 percent in October, up from 26.72 percent in September, according to the…
The Office of the National Security Adviser (ONSA) has declared that it has arrested attackers of the Nigeria Labour Congress (NLC) President, Comrade Joe Ajaero. Zakari Mijinyawa, Head of Strategic Communications in the Office of the National Security Adviser made…
The Nigerian National Petroleum Company Limited has said the $2.8billion Ajaokuta-Kaduna-Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. Executive Vice President, Upstream, NNPC Limited, Oritsemiyiwa Eyesan revealed this at the ongoing 41st Nigeria Association…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has restated its commitment towards deepening Intra-Africa trade to attain self-reliance and economic development. According to the bank, it is important for Africa to be deliberate about the economic liberation drive…
President Bola Ahmed Tinubu has called on Editors to project Nigeria positively via their respective tabloids to boost investments into the country. The President, who was represented by the Minister of Information and National Orientation, Mohammed Idris, made the remarks…
The Appeal Court sitting in Lagos on Wednesday affirmed the election of Governor Babajide Sanwo-Olu and his Deputy, Dr. Obafemi Hamzat. The court dismissed the appeal filed by the candidate of the People Democratic Party (PDP), Dr. Olajide Azeez Adediran…
