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Lagos loses N234m to tollgates’ closure

#EndSARS protest disruption costs economy N1.5tn – FDC

The Lagos State Government has lost at least N234m to the closure of tollgates as the #EndSARS protests on the Island enters its 9th day, media has learnt. However, the state has continued to generate money from adverts at the ...

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Absenteeism: Yobe APC group demands Buni’s impeachment

Absenteeism: Yobe APC group demands Buni’s impeachment

Stakeholders in the All Progressives Congress in Yobe State, on Sunday, demanded the impeachment of Governor Mai Mala Buni by the state House of Assembly if he fails to resign. The APC stakeholders premised their demand on the governor’s alleged ...

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#EndSARS: Airlines increase cost of domestic flights

#EndSARS: Airlines increase cost of domestic flights

Following the ongoing protests against police brutality in the country, airfares on domestic routes have increased. The increase in the price regime was reflected by several carriers on weekend flights for one-way trips from Lagos to Abuja. Before now, the ...

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NNPC’s liabilities exceed assets by N4.4tn – Report

Crude in commercial quantity discovered in Benue Trough – NNPC

The liabilities of the Nigerian National Petroleum Corporation as a group exceeded the assets of the oil firm by N4.4tn in 2019, the just released audited financial statements of the firm for 2019 showed. It also revealed that the oil ...

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NLC writes Buhari, rejects airports’ concession

NLC writes Buhari, rejects airports’ concession

The Nigeria Labour Congress has written a letter to the President, Major General Muhammadu Buhari (retd.), disagreeing with the planned concession of four of the nation’s most viable airport. In the letter dated October 8, 2020 and signed by the ...

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Alleged cyber attack on CBN causes stir in banks, others

Alleged cyber attack on CBN causes stir in banks, others

• Executives hold emergency meetings • Economies may lose $6tr to attacks, expert warns • Experts call for proactive measures Reported cyber attack on Central Bank of Nigeria (CBN) on Friday night has caused jitters among banks and other financial ...

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Mixed Fortunes Grip  Inland Dry Ports

Mixed Fortunes Grip  Inland Dry Ports

By Kenneth Jukpor                             · FG  grants Edo conditional approval · Political tussle threatens Isiala-Ngwa project Mixed fortunes have been trailing the Inland Dry Port (IDP) projects championed by Nigerian Shippers’ Council (NSC) across the nation as only Kaduna Inland Dry Port ...

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BULLS: Teacher’s Reward

BULLS: Teacher's Reward

The long-held notion that teachers’ reward is in heaven no longer holds sway as Nigeria Breweries through its flagship malt brand Maltina rewarded the love for the greatest profession as Oluwabunmi Adani, a teacher with Concordia College, Jimeta, Yola, Adamawa ...

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Appraising FG’s 2023 Bid To Double Nigerian airports

Appraising FG’s 2023 Bid To Double Nigerian airports

By Ayoola Olaitan While there is a consensus that the headway for Nigerian airports development should be Public-Private Partnerships (PPP) to save Nigeria’s scarce resources, the Federal Government 2023 agenda to double the airports in the country divides opinion. The ...

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WFD: Attaining Food Security

WFD: Attaining Food Security

The World Food Day is a day set aside by the United Nations through one of its agencies, Food and Agriculture Organisation, on October 16 of every year to celebrate and advance the cause of food security globally especially in ...

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KONGI’s  Jewel  Sails Into New Age

KONGI’s  Jewel  Sails Into New Age

By Kingsley Anaroke It was her birthday on October 15th last week, but she chose to keep it low. The demands of her office  kept her busy like footballers on pitch, focused on goals. It took me several innocent phone calls ...

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Shittu @70: One Man, Many Lenses

Shittu @70: One Man, Many Lenses

By Okey Mark It hurts.  Yes, when one shares the pains and agony foisted on one by another especially when the predator is presumed to be a big brother and held in high esteem. It hurts. Yes, too when the prey ...

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BEARS: Walk of Shame

BEARS: Walk of Shame

Despite the ongoing protest for reform for the Nigeria Police Force (NPF), a police man was seen in a video trying to extort a driver while seating in front of the vehicle and was chased out by passers-by as he ...

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How Shippers’ Council Has Fared With Port Economic Regulation – Bello

NSC Seeks Solution For NXP Validation 

The Executive Secretary of Nigerian Shippers’ Council (NSC) Mr. Hassan Bello recently had a media parley with members of the League of Maritime Editors and Publishers (LOMEP). In this session, he gives an appraisal of the nation’s transport sector with ...

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How To Optimize Airport Experience In Nigeria

How To Optimize Airport Experience In Nigeria

By Ayoola Olaitan Waiting in line is considered by some to be almost as bad as torture, but it’s one of life’s inevitabilities. But, what if there was a way to make airport queues move faster and keep the experience ...

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Kano Dry Port: Ganduje Wants Port of Origin Status, Railway

Kano Dry Port: Ganduje Wants Port of Origin Status, Railway

By Kenneth Jukpor In a bid to ensure that the Dala Inland Dry Port realizes its enormous socio-economic potentials, the Governor of Kano State, Dr. Abdullahi Umar Ganduje has appealed to the Ministry of Transportation to ensure the dry port ...

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Nigeria’s September inflation rate hits 13.71%, highest in 30 months

Nigeria’s September inflation rate hits 13.71%, highest in 30 months

Nigeria’s inflation rose to 13.71 per cent in September, hitting its highest level since its 13.34 per cent rate of March 2018. The National Bureau of Statistics disclosed this in its Consumer Price Index report for September on Thursday. Part ...

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FG to offer N30bn bonds in October

FG to offer N30bn bonds in October

The Debt Management Office has said that the Federal Government would auction N30bn worth of bonds by subscription on October 21. A circular by the DMO on Thursday showed the breakdown of the figure to include a N15bn 15-year reopening ...

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FG commences application for N75bn youth investment fund

FG commences application for N75bn youth investment fund

The Minister of Youth and Sports Development Minister, Mr Sunday Dare, on Thursday, inaugurated the application for the Nigeria Youth Investment Fund in Abuja. This was disclosed in a statement titled ‘Minister flags off application for Nigeria Youth Investment Fund’. ...

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Border closure boosts rice sufficiency, manufacturing, says FG

FG may reduce minimum tax rate next year

‌ The Federal Government on Thursday said the closure of Nigeria’s land borders was good for the economy as the country was now close to attaining self sufficiency in rice production. Minister of Finance, Budget and National Planning, Zainab Ahmed, ...

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