Browsing Category
Business
Emefiele to be arraigned Tuesday
The suspended Central Bank of Nigeria Governor, Godwin Emefiele, is expected to be arraigned at the Federal High Court in Lagos on Tuesday, July 25, 2023 on charges of illegal possession of firearms and ammunition.
Justice Nicholas!-->!-->!-->…
Read More...
Read More...
Subsidy: Nigeria’s petrol daily consumption drops by 35%
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s petrol daily consumption figure stands at 46.38 million litres due to subsidy removal by the Federal Government.
The NMDPRA said the figure!-->!-->!-->…
Read More...
Read More...
Senate Holds Emergency Session, Amends CBN, 2022 Supplementary Appropriation Acts
By Malik Dauda
The Senate has amended the 2022 Supplementary Appropriation Act to extend the implementation year from the 30th of June to the 31st of December, 2023.
The National Assembly extended the implementation of the 2022!-->!-->!-->!-->!-->…
Read More...
Read More...
MTN Nigeria pays N62.91bn to renew licence, NTEL Spectrum
By James Olayinka
MTN Nigeria has paid N62.91 billion to the Nigerian Communications Commission (NCC) for the renewal of its licence and the lease of Natcom Development and Investment Limited’s (NTEL) spectrum.
MTN Nigeria said the!-->!-->!-->!-->!-->…
Read More...
Read More...
IPMAN Orders Members To Shut All Fueling Stations
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has ordered its members to suspend all operations across the country.
Also, the marketers were ordered to suspend payment of ordering products from source until further!-->!-->!-->…
Read More...
Read More...
N2.6bn debt: NBC suspends closure of 53 broadcast stations
The National Broadcasting Commission (NBC) has temporarily suspended the shutdown of the indebted broadcast stations across the country.
The NBC Director-General, Balarabe Ilelah, made this known via a statement made available to!-->!-->!-->!-->!-->…
Read More...
Read More...
Atiku: How I’ll address Nigeria’s electricity crisis if elected president
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, says he has the most proactive plan to solve the electricity crisis bedeviling the country.
Atiku, in a statement he personally issued on Thursday,!-->!-->!-->!-->!-->…
Read More...
Read More...
Akwa Ibom blocks Seplat’s purchase of Mobil’s assets
Akwa Ibom State Government on Tuesday declared as null and void President Muhammadu Buhari’s approval of the sale of Mobil’s onshore assets to indigenous oil firm, Seplat.
The announcement had generated much furore, with the state!-->!-->!-->!-->!-->…
Read More...
Read More...
JUST IN: Blackout As National Grid Collapses Again
The national power grid has collapsed again on Wednesday.
The Eko Electricity Distribution Company confirmed that the grid collapse occurred at about 11:27 am.
“Dear customers, we regret to inform you of a system collapse on the!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
BREAKING: Nigeria’s Oldest Carrier, Aero Contractors, Halts Operations Over Economic Crisis
Nigeria’s oldest airline, Aero Contractors, has temporarily suspended operations over economic crisis.
Airlines have been complaining about the skyrocketing price of Aviation fuel known as Jet A1 as well as its scarcity.
The!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...