Daily Archives: September 8, 2020

NIMASA Should Deepen Maritime Regulation In Bayelsa – Diri

NIMASA Should Deepen Maritime Regulation In Bayelsa - Diri

By Kenneth Jukpor Governor of Bayelsa State, Senator Duoye Diri, has urged the Nigerian Maritime Administration and Safety Agency (NIMASA) to deepen maritime regulatory activities in Bayelsa State. Diri made this call when he visited the NIMASA headquarters in Lagos ...

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Food insecurity prevalent in Lagos, Kano, Rivers, Abuja –NBS

Food insecurity prevalent in Lagos, Kano, Rivers, Abuja –NBS

The outbreak of COVID-19 has increased food insecurity in Lagos, Kano, Rivers and Abuja, the National Bureau of Statistics has said. It disclosed this in its latest report on the impact of COVID-19 in Kano, Lagos, Rivers and the Federal ...

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Budget support: IMF, World Bank conditions behind subsidy withdrawal, electricity tariff hike

Budget support: IMF, World Bank conditions behind subsidy withdrawal, electricity tariff hike

The Federal Government’s removal of petrol subsidy and the increase in electricity tariff are in line with reforms being sought by the International Monetary Fund and the World Bank, economic experts have said. The IMF had on April 28 approved ...

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Why we chose Siemens for 25,000MW grid expansion – FG

Why we chose Siemens for 25,000MW grid expansion – FG

The Federal Government on Monday said the German firm, Siemens AG, was chosen to expand Nigeria’s power grid because the company was best qualified to rehabilitate the dilapidated electricity infrastructure in Nigeria. Minister of Power, Sale Mamman, who disclosed this ...

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5,180 BDCs get $51.8m on forex sales resumption

5,180 BDCs get $51.8m on forex sales resumption

About 5,180 Bureau De Change operators got $10,000 each as the Central Bank of Nigeria fully resumed foreign exchange sales to the operators on Monday. The CBN had earlier announced it would commence sales of foreign exchange to BDCs on ...

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