…As repairs still ongoing By Blessing Emmanuel, Abuja Data and voice services have been restored according to a statement by the Nigerian Communication Commission (NCC) and MainOne. Recall that a combination of cable cuts, resulting in equipment faults on the…
President Bola Ahmed Tinubu and the All Progressives Congress (APC) National Chairman, Umar Ganduje have brokered peace between the aggrieved Honourable Dennis Idahosa and the party. Recall that Idahosa had earlier filed a lawsuit expressing his dissatisfaction with the conduct…
By Sodiq Adelakun The devaluation of the Naira has had a significant impact on the net asset value (NAV) of pension fund assets in Nigeria over the past year, according to data from the Pension Commission (PENCOM). As of January…
…As Tinubu, Senate demand justice, probe into death of slain soldiers …Falana urges Army to halt reprisal attacks By our correspondents Investigations by Nigerian NewsDirect have revealed that residents of Okuoma community in Delta state have started deserting the community…
…As investors seek higher returns Bu Sodiq Adelakun The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) have instructed their members across the country to initiate a seven-day strike beginning…
…Recovers N6.1bn in five years from arbitrary port charges, others By Seun Ibiyemi The Nigerian Shippers Council (NSC) has revealed that it saved the nation’s economy N33,116,861,421.99 from unnecessary demurrage payments, freight rates, and charter party fees at the nation’s…
…Declares N19m fee on NIPCO Plc void By Sodiq Adelakun In a landmark ruling, the Federal Capital Territory (FCT) High Court, under the stewardship of Justice Olukayode Adeniyi, has declared that the Abuja Environmental Protection Board (AEPB) lacks the legal…
Lagos State Government has resolved to explore all avenues to reintroduce the issue of the 37 Local Council Development Areas (LCDAs) in the ongoing Constitutional Review process, with a view to legalising the council development areas. A communiqué issued at…
The digital banking channels of many commercial banks were shut down on Thursday due to widespread internet disruption that affected parts of East and West Africa. Major undersea cables close to Abidjan, Côte d’Ivoire, are reportedly damaged, and this caused…
By Sodiq Adelakun The Central Bank of Nigeria issued a letter to all banks on Thursday regarding the impact of the recent foreign exchange (FX) policy reform. The letter reminded Nigerian lenders to be cautious when dealing with foreign exchange…
