President Bola Ahmed Tinubu has given approval for the payment of N1.3trn legacy debts owed power generation companies. Minister of Power, Chief Adebayo Adelabu speaking at the 8th Africa Energy Market Place 2024 in Abuja said that President Bola Tinubu…
Emirates Airline has disclosed that it will resume services to Nigeria from October 1, 2024, operating a daily service between Lagos and Dubai. This development was announced in a statement on Thursday by the airline, which has its hub in…
The death toll of worshippers from Wednesday’s explosion has risen to 11. Recall that Nigerian NewsDirect based on reports obtained from the Police had reported that over 24 persons were injured in the explosion on Wednesday. The Kano Police Command…
The exchange rate between the naira and dollar in the official NAFEM Window has depreciated to N1,533.99/$1 on Thursday, May 16, 2024. This represents a massive 4.89 percent drop in one day when compared to the N1459.02/$1 recorded a day…
The Executive Chairman, Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji has disclosed that the service generated a total of N3.94 trillion in tax revenue in the first quarter of the year (Q1 2024). Adedeji gave the figures while receiving…
…FG’s proposal an insult to Nigerian workers — NLC President …Fulfill your promise to Nigerian workers — Ajaero tasks Tinubu on living wage pledge By our correspondents The Tripartite National Minimum Wage meeting resumed on Wednesday, but negotiations reached a deadlock due…
The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that it will no longer grant retail licenCes to marketers without a dedicated pump for Compressed Natural Gas (CNG). The Authority noted that it has…
As part of concerted efforts to increase the foreign-currency remittance inflow, the Central Bank of Nigeria (CBN) has granted licenses to 14 new International Money Transfer Operators (IMTOs). The licenses which are Approval-in-Principle (AIP) were disclosed in Abuja on Wednesday…
By Sodiq Adelakun The Lagos State Government has announced the passing of its Deputy Chief of Staff, Mr. Gboyega Soyannwo. According to a statement signed by the Commissioner of Information and Strategy, Mr. Gbenga Omotoso, Soyannwo died on Wednesday after…
About 24 persons were early in the morning on Wednesday critically injured following a mosque explosion at Gadan Village, Gezawa Local Government Area of Kano State SP Abdullahi Haruna, the Public Relations Officer of the Kano Police Command, confirmed the…
