The Federal Executive Council (FEC) has approved N62 billion for the construction of Kano – Gwarzo…
Category: Economy
NICON Trustee, Leadway Assurance, 155 others may lose registration certificates – SEC
The Securities and Exchange Commission has issued a pre-notice for the cancellation or withdrawal of about…
PENGASSAN continues strike as FG meeting ends in stalemate
By Gabriel Atumeyi An end to the indefinite strike embarked upon by the Petroleum and Natural…
FG approves Edo inland dry ports as port of origin, destination
Edo Inland Dry port has gotten the federal government’s nod to operate as a port of…
NCC won’t deploy 5G without due consultations
Vincent Njoku Contrary to media reports that the Nigerian Communications Commission, NCC, has smuggled in the…
NSE delists Law and Union Insurance after acquisition
By Ade Jacobs Law Union and Rock has been delisted from the floor of the Nigerian…
FEC approves Committee to provide electricity for 25 million citizens
The Federal Executive Council (FEC) has approved the establishment of an Economic Sustainability Committee (ESC) as…
Border Closure: Peterside accuses FG of favouring Dangote
By Ade Jacobs Business man and Stanbic IBTC Bank Plc founder Atedo Peterside, has slammed the…
PENGASSAN strike: NNPC dismisses fear of possible fuel scarcity
…warns of panic-buying The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible…
Obaseki presents Appropriation Bill 2021
Governor Godwin Obaseki of Edo on Tuesday presented a budget of N153.4 billion for 2021 to…
Osun Governor presents 2021 Appropriation Bill
Governor Gboyega Oyetola of Osun on Tuesday presented the 2021 budget estimate of N109,855,051,640 before the…
Ministry of Power Inaugurates Central Data Management System
The Ministry of Power has inaugurated the Central Data Management System (CDMS), a digital platform of…
Nigeria’s Mafia Bankers: How they control top banks through the back door
By Ade Jacobs One of the unforgettable quotes in Mario Puzo’s iconic mafia novel, The Godfather,…
FAAN denies imposition of arbitrary charges
By Ade Jacobs The Federal Airports Authority of Nigeria, FAAN, has debunked claims by airlines operators…
PenCom to launch RSA transfer system Nov. 16
The National Pension Commission (PenCom) has announced the launching of Retirement Savings Account (RSA) transfer system…
FG inaugurates committee on sale of forfeited assets
President Muhammadu Buhari has ordered the disposal of all Federal Government Forfeited Assets, within the next…
Ganduje gives reason for the destruction of beer in Kano
Governor Abdullahi Ganduje has given reason for the destruction of 1,975,000 bottles of beer worth over…
Prices of cooking oil skyrocket in Enugu – Survey
Prices of palm oil and vegetable oil have skyrocketed in major markets across Enugu metropolis, placing…
DPR says OVH Energy tank fire has been contained
The Department of Petroleum Resources (DPR) says Thursday’s fire incident at OVH Energy tank farm at…
How CBN authorized banks to block #EndSARS promoters’ accounts
By Ife Osemedua In spite of the disturbing silence and outright denials by the Central Bank…
NNPC boosts power generation by 2,538mw in August
• Posts $139.50Million Crude Oil & Gas Export Sales The Nigerian National Petroleum Corporation (NNPC) has…
Lawmaker urges FG to develop tourism for GDP improvement
A federal lawmaker, Hon. Omoregie Ogbeide-Ihama, on Thursday night called on the Federal Government to pay…
Only Technology Can Sustain Nigeria’s economy – NCC Boss
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Danbatta has revealed that…
Omo-Agege laments diversion of 13% derivation by oil producing states
The Deputy President of the Senate, Senator Ovie Omo-Agege has decried the diversion of the 13…
2021: Ayade presents N277B budget of Blush and Bliss
Cross River State governor, Professor Ben Ayade, on Thursday presented a N277 billion 2021 Appropriation Bill…
Those kicking against Zamfara gold ignorant of the law – Ex Akwa Ibom deputy gov.
By Edward T. Dibiana The former Deputy Governor of Akwa Ibom state, Patrick Ekpotu, has said…
Capital Market: Senate tasks stakeholders on economic recovery
To strengthen the confidence of investors in the capital market, the Senate on Wednesday tasked stakeholders…
EFCC presents N30bn 2021 budget estimates to National Assembly
by Deborah Hassan The Economic and Financial Crimes Commission, EFCC, has presented a budget proposal of…
Port Harcourt Electricity Company commences implementation of new tariff
The Port Harcourt Electricity Distribution Company (PHED) on Tuesday commenced the implementation of the new electricity…
Gov Obiano presents N143.7bn budget proposal for 2021
Governor Willie Obiano of Anambra on Tuesday presented a budget proposal of N143.7 billion to the…