The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says the Nigeria National Petroleum Corporation (NNPC) has fixed N150 per litre as the official depot price of kerosene. Alhaji Tokunbo Korodo, the South-West Chairman of the union, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos on Saturday. According […]
Continue ReadingThe Federal Government of Nigeria in its determination to curb corruption in the country, has taken its anti-corruption battle to multinational corporations/companies operating within the country. The minister of information and culture, Alhaji Lai Mohammed disclosed this when he addressed state house correspondents at the end of Wednesday’s federal executive council meeting, explaining that the […]
Continue ReadingA passenger jet belonging to Emirates airline is on fire at Dubai Airport after it crash landed this morning, causing all flights to the Dubai terminal to be diverted while emergency crews work at the scene. Thick black smoke could be seen rising over Dubai International Airport after the accident which occurred around “12.45pm local time.” […]
Continue ReadingPresident Muhammdu Buhari on Tuesday approved/named Bisi Adegbuyi, a lawyer and politician from Ogun State, as the new Post-Master General of Nigeria Postal Services, NIPOST. Bolaji Adebiyi, spokesman for the office of the Secretary to the Government of the Federation, announced the appoint of Mr. Adegbuyi in an email. The new Post-Master General is a […]
Continue ReadingMinister of transportation, Rotimi Amaechi, in an interview on The Osasu Show, said that Nigeria was in recession under former President Goodluck Jonathan but that the government only covered it up by saying it was cash-strapped. Mr. Amaechi, who was then the chairman of Nigerian Governors Forum (NGF), said the economy went into a recession […]
Continue ReadingLagos State Governor, Akinwunmi Ambode, on Tuesday, said the Dangote Refinery being developed at the Lekki Free Trade Zone (LFTZ) by Africa’s richest man and business mogul, Alhaji Aliko Dangote, will surely resolve fuel supply challenge in the West African region. He said the refinery being sited in Lagos was another confirmation that Lagos is […]
Continue ReadingThe Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’, Owerri has continued to effectively checkmate the excesses of smugglers of contraband goods in the country following the latest seizure of a total of 24,273 cartons of imported frozen poultry products with a Duty Paid Value (DPV) of #256,264,200. In a press statement released […]
Continue ReadingThe Federal Government has banned the procurement and distribution of conference bags, T-shirts and other souvenirs at events such as Conferences and Seminars funded by Federal Ministries, Departments and Agencies (MDAs). This is contained in a statement made available to newsmen on Sunday in Abuja by the Director of Information, Federal Ministry of Finance, Mr […]
Continue ReadingFacts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and seventy-three million, five hundred and seventy-three thousand, five hundred and sixty-three naira and twenty-five kobo) from the Federation Account as allocation between June 2015 and […]
Continue ReadingIt was rain of accolades for the outgoing Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza in Lagos on Wednesday as captains of industry and leading voices of Nigerian society witnessed the launch of a book in his honour. The book titled “Dynamics of the Nigerian Financial System” edited by […]
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