Local 77.1 million identity numbers issued as NIN-SIM registration ends today March 31, 2022 akintunde The National Identity Management Commission (NIMC) has issued 77.1 million unique National Identification Numbers (NIN) in the country. This new milestone was attained on March 21. It comes as the…
Local US Embassy in Abuja begins interview waiver for visa renewals March 31, 2022 akintunde The United States Embassy in Abuja says it will begin processing certain non-immigrant visa renewal applications without requiring an interview starting from March 30, 2022. The Embassy’s Senior Public Affairs…
Local World Bank suspends Nigerian firm, MD for bribery March 31, 2022 akintunde THE World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm,…
Local Russia-Ukraine war: Oil hits $114, OPEC laments seven million bpd loss March 31, 2022 akintunde Brent, the crude against which Nigeria’s oil is priced, moved up in price to $114/barrel as at 4.34pm Nigerian time on Wednesday, rising by $3.72 or 3.37 per cent when…
Local Ogun launches N900m fund for business March 30, 2022 akintunde OGUN State government has launched a N900m loan programme for Micro, Small and Medium Enterprises operating in the state. This was revealed by the Commissioner for Industry, Trade, and Investment,…
Local Police salary increment: Reps summon minister, accountant general, others March 30, 2022 akintunde The House of Representatives’ Committee on Police Affairs has invited the Minister of Finance, Budget and National Planning, Zainab Ahmed; and the Accountant-General of the Federation, Ahmed Idris, over the…
Local NAICOM bars undercapitalised insurers from new businesses, orders claims settlements March 30, 2022 akintunde The National Insurance Commission has stopped some insurance firms from taking new businesses. It also placed a limit on the transactions some of them can underwrite based on the level…
Local Poor Nigerians to hit 95.1m in 2022, says World Bank March 30, 2022 akintunde THE World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years. The President, Major General Muhammadu Buhari (retd.), was…
Local Exports to India in Q4 2021 valued at N875 billion – NBS March 30, 2022 akintunde In a statement obtained from the National Bureau of Statistics (NBS), the largest exported commodity to India was petroleum oils and oils obtained from bituminous minerals crude (N774.5 billion). This…
Local Marketers disagree with depot owners over petrol price hike March 30, 2022 akintunde THE Independent Petroleum Marketers Association of Nigeria has criticised private depot owners over the recent increase in the pump price of Premium Motor Spirit, also known as petrol, in some…
World Ukraine resumes evacuations after Russian ‘provocations’ March 29, 2022 akintunde Ukraine said Tuesday it had reopened humanitarian corridors and evacuated civilians from war-scarred regions after a one-day pause over what Kyiv called possible Russian “provocations”. “Three humanitarian corridors were agreed…
World In China’s Shanghai, Bankers And Traders Sleep In Offices To Beat Covid Lockdown March 29, 2022 akintunde More than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through…
Local JUST IN: NRC suspends train operations along Abuja-Kaduna route indefinitely March 29, 2022 akintunde The Nigerian Railway Corporation has suspended train operations along the Abuja-Kaduna route indefinitely. The NRC made this known in a post via its official Twitter handle @Official_NRC on Tuesday morning.…
Local HURIWA condemns Buhari’s silence on Kaduna airport, rail attacks March 29, 2022 akintunde The Human Rights Writers Association of Nigeria on Tuesday condemned what it described as the silence of the President, Major General Muhammadu Buhari (retd.), on the attacks of terrorists on…
Local Buhari, govs, others congratulate Tinubu at 70 March 29, 2022 akintunde The President, Major General Muhammadu Buhari (retd.); the President of the Senate, Ahmad Lawan; Speaker of the House of Representatives, Femi Gbajabiamila; Deputy Speaker, Ahmed Wase; and some state governors…
Local Russia-Ukraine war: Soaring shipping costs may worsen inflation in Nigeria, others, IMF warns March 29, 2022 akintunde THE International Monetary Fund has said rising shipping costs as a result of the ongoing war between Russia and Ukraine may worsen inflation in Nigeria, and other nations in the…
Local Telcos warn of disruptions in 11 states over Kogi’s clampdown March 29, 2022 akintunde THE Kogi State Government through its Kogi State Internal Revenue Service agency has shut down a number of critical telecommunications sites in the state in a bid to force telecom…
Local ‘Infrastructure funding deficit to hit $100b March 29, 2022 akintunde Nigeria’s infrastructure funding deficit will grow to $100 billion in the next five years, the Infrastructure Concession Regulatory Commission (ICRC), has said. ’ICRC Acting Director-General, Michael Ohiani made this known…
Local FG establishes SDGs innovation hubs to boost states’ social financing March 29, 2022 akintunde The Vice President, Prof. Yemi Osinbajo, on Monday, announced the establishment of six Sustainable Development Goals innovation hubs by the Federal Government in each geopolitical zone in Nigeria to help…
Local Fed Govt to reduce wheat importation March 28, 2022 akintunde The Federal Government (FG) plans to deploy measures to reduce wheat importation into the country. Government said it anticipated that shortfall of wheat supply in the country can be bridged…
Local Russia-Ukraine crisis: EU begs Nigeria to close gas supply gap March 28, 2022 akintunde With oil exports from a critical pipeline on Russia’s Black Sea Coast fully halted last Wednesday, the United States and the EU quickly moved in by creating a task force…
Local FG’s borrowing from CBN rises by 96.54%, hits N18.16tn March 28, 2022 akintunde The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has risen by 96.54 per cent or 8.92tn in two years, data collated from…
Local Cross River decries N34m federal allocation for March March 25, 2022 akintunde The Cross River State Government received only about 15 per cent of its statutory allocation from the Federation Account in March. Figures released show that out of the state’s gross…
Local Buhari mourns US Secretary of State Madeleine Albright March 25, 2022 akintunde The President, Major General Muhammadu Buhari (retd.), has joined the world to mourn the passage of the United States’ first female Secretary of State, Madeleine Albright. In a statement released…
Local Nigerians need to consume, export what they produce -Emefiele March 25, 2022 akintunde The Central Bank of Nigeria says Nigerians need to consume what they produce and export the surplus after adding value to it. The CBN Governor, Godwin Emefiele, disclosed this on…
Local Customs, CBN disagree over e-valuation of imports, exports March 25, 2022 akintunde THE Nigerian Customs Service has refuted media reports which claimed that the service has adopted the e-evaluator and e-invoicing for importers and exporters introduced by the Central Bank of Nigeria.…
Local IOCs fear collapse as FG says N1.36tn crude stolen in 14 months March 25, 2022 akintunde The total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn (representing N1.361tn at the official exchange rate of N416.25 to the dollar), the…
Local Capital imports in Q4 2021 increases to $2.187m March 25, 2022 akintunde According to a statement obtained from NBS website, when compared to the corresponding quarter of 2020, capital importation increased by 109.28 per cent from $1,045.32 million. The largest amount of…
Local Foreign Airlines’ Trapped Funds In Nigeria Hit N117bn March 25, 2022 akintunde From $147 million (N61 billion) which the International Air Transport Association (IATA) said was the total foreign airlines’ fund trapped in Nigeria in August 2021, the figure has now nearly…
Local MTN Names New COO For Nigeria, Appoints Others March 25, 2022 akintunde MTN Company President and CEO Ralph Mupita remarked, “Today’s announcement reflects the depth of ability within the group, as well as the strength of our succession planning.” Hassan Jaber takes…
