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We’ve identified plans to generate N18tn revenue – FG

We’ve identified plans to generate N18tn revenue – FG

The Federal Government on Thursday said it had identified oil and non-oil initiatives that could help the country generate between N13tn to N18tn and achieve its 15 per cent revenue to Gross Domestic Product target. It also stated that states ...

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Nigeria lost $1.4bn to chemical importation in 2019 – NARICT

Nigeria lost $1.4bn to chemical importation in 2019 – NARICT

The Director-General, National Research Institute for Chemical Technology, Zaria, Prof. Jeffrey Barminas, said that Nigeria lost $1.4bn to importation of chemicals in 2019. He made the disclosure on Thursday at an interactive session in Abuja with the Senate Committee on ...

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CAC bars customers from its Lagos, Abuja offices

CAC bars customers from its Lagos, Abuja offices

In line with current realities of the COVID-19 pandemic, the Corporate Affairs Commission has barred customers from physically visiting its office premises in Abuja and Lagos to carry out official transactions. According to a public notice released through its verified ...

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Anambra 2021: The Battle For Power And Authority

Anambra 2021: The Battle For Power And Authority

Anambra state faces an election in 2021 that could mark the end of the All Progressive Grand Alliance (APGA), the one outstanding legacy of the late Chief Emeka Ojukwu. And as more political heavyweights line up for what is billed ...

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774,000 jobs: Keyamo will supervise recruitment, labour ministry replies National Assembly

774,000 jobs: Keyamo will supervise recruitment, labour ministry replies National Assembly

• NDE must report to minister of state, says ministry spokesman • N52bn public works fund for NDE, not ministry, Senate insists The Ministry of Labour, Employment and Productivity on Wednesday rejected resolutions of both chambers of the National Assembly ...

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FG approves N283.26bn, $18.12m for Customs boats, scanners

FG approves N283.26bn, $18.12m for Customs boats, scanners

The Federal Executive Council on Wednesday approved two contracts totalling N283.255bn and a foreign component of $18.12m. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents at the end of a virtual meeting ...

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Apathy: Domestic airlines cut airfares to woo passengers

International Flights: Travellers To Arrive Three Hours Before Take-Off - PTF

Airlines are deploying measures to address the apathy among air travelers as regards flying, particular after the airspace was reopened to commercial flights domestically. As a measure to curb the spread of COVID-19, the Federal Government closed the country’s airspace ...

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Reps probe CBN over COVID-19 loans

Reps summon Amaechi, Ahmed, DMO DG, others over Chinese loans

The House of Representatives has resolved to investigate the Central Bank of Nigeria over the difficulties Nigerians face in accessing its special intervention loans, especially that created for Small and Medium-Scale Enterprises to cushion the effect of COVID-19. A member ...

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Minister okays new guidelines for courier, logistics services

Minister okays new guidelines for courier, logistics services

The Minister of Communications and Digital Economy, Dr Isa Pantami, has approved new guidelines for courier and logistics operations in the country. The new Courier and Logistics Operations 2020 guidelines would replace the former regulations, which had been in existence ...

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FG plans N4.28tn loan for N12.66tn 2021 budget

FG plans N4.28tn loan for N12.66tn 2021 budget

The Federal Government has proposed N12.66tn as aggregate expenditure for the 2021 fiscal year on a deficit of N5.16tn. It would be partly financed by a total loan package of N4.28tn while the rest would be from internally generated revenues. ...

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Importers oppose planned reintroduction of pre-inspection of cargoes at seaports

Importers oppose planned reintroduction of pre-inspection of cargoes at seaports

The Shippers Association of Lagos State (SALS), has expressed concerns over the planned reintroduction of pre-destination inspection at the nation’s ports. President of the Association, Jonathan Nicol, told media source that such a move would amount to returning Nigerian ports ...

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NPA halts licences renewal for shipping firms over holding bay crisis

NPA halts licences renewal for shipping firms over holding bay crisis

The Nigerian Ports Authority (NPA), has stopped the renewal of licences for shipping firms who fail to provide holding bays for empty containers. Failure of the shipping firms to establish a holding bay where empty containers are to be stacked ...

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Talks on contentious 774,000 jobs for youths collapse

Talks on contentious 774,000 jobs for youths collapse

Senate insists NDE presides over programme, gets 2021-3 MTEF/FSP The talks, between President Muhammadu Buhari and the National Assembly leadership to resolve the contentious engagement of 774,000 young Nigerians nationwide under the current administration’s Special Public Works (SPW), has collapsed. ...

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Calabar, Kaduna, Yola airports open amid traveller apathy

Calabar, Kaduna, Yola airports open amid traveller apathy

• FG to shut airports in default of COVID-19 safety guidelines At least another two airports were yesterday certified ready and opened to commercial flights services after three months of COVID-19 lockdown.The facilities, Margaret Ekpo Airport, Calabar and Yola Airport, ...

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NNPC raises August selling prices of crude oil

NNPC in $1.5bn oil-for-loan deal with traders

The Nigerian National Petroleum Corporation has increased the prices at which two of the country’s major crude oil grades would be sold in August. Most of the country’s September loading programmes emerged on Monday, but traders were still waiting for ...

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Guardiola takes swipe at Arsenal over ‘respect’

Guardiola takes swipe at Arsenal over ‘respect’

Manchester City manager Pep Guardiola took a swipe at Arsenal on Monday by admitting he does not respect them off the pitch. Guardiola’s side were knocked out of the FA Cup at the semi-final stage by Arsenal on Saturday as ...

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Fayose, PDP loyalists hold ‘secret’ oath-taking ahead of congress

Fayose, PDP loyalists hold ‘secret’ oath-taking ahead of congress

• Ex-gov denies any shaddy plan • It’s an affirmation of loyalty, says Olu-Ojo • Tactic meant to coerce people, says PDP youths’ leader There was a cause for concern yesterday in Ekiti State as the political camp of the ...

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Oshiomhole angry Obaseki didn’t allow him become godfather – Edo

Oshiomhole’s attack on Obaseki shows ex-gov is deceitful – PDP

The Special Adviser to the Edo State Governor on Media and Communication Strategy, Mr Crusoe Osagie, has said the ex-national chairman of the All Progressives Congress, Adams Oshiomhole, is disappointed because Governor Godwin Obaseki refused to be used in his ...

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Nigeria’s rating suffers blow from COVID-19, oil shock – Fitch

Nigeria’s rating suffers blow from COVID-19, oil shock – Fitch

Fitch Ratings has said the coronavirus pandemic and the oil price shock have caused a severe impact on credit rating in Nigeria and some other sub-Saharan African countries. It stated this in its report on Monday titled ‘Outlook on Sub-Saharan ...

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AfDB’s N3b lower Anambra irrigation project receives boost

AfDB’s N3b lower Anambra irrigation project receives boost

The Lower Anambra Irrigation project sponsored by the Africa Development Bank (AfDB) under the Agricultural Transformation Agenda support Programme of the Federal Government at Ifite Ogwari, Ayamelum Council Area of the state has received a boost.The project comprises rehabilitation of ...

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