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ECONOMY
Economic Crisis: Reps Group Mobilise Lawmakers to Ask Tinubu to Sack NNPCL, NMDPRA Mgt
Some members of the House of Representatives are mobilising their colleagues to ask President Bola Ahmed Tinubu to audit, dissolve the Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Midstream and Downstream Petroleum…
Reps Order Arrest of Ecobank MD, Probes Fraud Allegations Against Oxford Group
The House of Representatives committee on Public Petitions has ordered the Inspector General of Police (IGP), Kayode Egbetokun to arrest Chief Executive Officer (CEO) of Ecobank Nigeria over and allegation of fraudulent operations of a…
Senate Approves ‘Windfall Tax’ on Bank Revenue
A bill seeking to impose a one- time "windfall tax" on banks' revenue earned in foreign lands has passed second readingin the Senate.
The bill titled "Finance Act (Amendment) Bill 2024 (SB.539) . According according to Sen.…
Local Governments Receive N337.019 billion as June Allocation
The Federation Accounts Allocation Committee (FAAC) on Tuesday announced it has shared a total of N1.354 trillion June revenue for the three tiers of government.
The revenue was shared at the July meeting of FAAC, held in Abuja under the…
Nigerian Economy is Doing Well- Sen Sani Musa
The Chairman Senate Committee on Finance, Senator Sani Musa (APC, Niger) has said that there are strong indicators that the Nigerian economy is doing well.
Sani stated this Monday at a meeting between the Senate and House of…
Maritime Seminar For Judges Aimed At Promoting Alternative Dispute Resolution In The Sector –…
The Executive Secretary/CEO of the Nigeria Shippers Council, Barrister Akutah Pius, has stated that the 17th International Maritime Seminar for Judges, organised by the council in collaboration with the National Judicial Institute…
NCAA Threaten Sanctions on Airlines Involved in False Scheduling
The Nigeria Civil Aviation Authority (NCAA), has concluded plans to sanction airlines that engage in false flight schedules.
The position of the NCAA is contained in a stern warning issued to airline operators in Nigeria by the Acting…
Nigerian Workers Not Slaves But Wealth Creators- NLC President, Joe Ajaero
The Nigeria Labour Congress (NLC), has called the National Assembly to work with the committee handling the ongoing minimum wage negotiations.
The NLC President, Comrade Joe Ajaero in a message he delivered at the ongoing national retreat…
Nigeria Suffers 7th Collapse of Electricity Grid in 8 Months
For the seventh time in the last nine months, Nigeria’s electricity supply grid has again collapsed throwing homes and businesses into darkness.
The latest collapse of the national grid was announced by the spokesman of the Enugu…
Doherty Set to Sue FG, BPP Over Lagos-Calabar Coastal Road, Says Project Not Compliant With…
The Lagos State governorship candidate of the African Democratic Congress (ADC) in the 2023 general elections, Mr. Funsho Doherty has notified the Federal Government of Nigeria of his intension to the government to court over the…