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Day: April 12, 2023

Nigeria Signs an MoU to Upgrade the Aviation College.
BusinessLocal

Nigeria Signs an MoU to Upgrade the Aviation College.

The Nigerian College of Aviation Technology, Zaria’s profile as a top-tier training facility will be enhanced thanks to a Memorandum…

byakintundeApril 12, 2023April 12, 2023
N’Assembly Demands Jail Time for Those Who Advocate Ponzi Schemes.
BreakingLocal

N’Assembly Demands Jail Time for Those Who Advocate Ponzi Schemes.

The Investment and Securities Bill, which might result in jail time for people in Nigeria who advocate Ponzi schemes, was…

byakintundeApril 12, 2023April 12, 2023
FG Fines Oil Companies N22 billion for Gas Flaring.
LocalMaritime

FG Fines Oil Companies N22 billion for Gas Flaring.

The Federal Government will punish oil and gas companies operating onshore for flaring 24 billion SCF of gas between January…

byakintundeApril 12, 2023April 12, 2023
FG Seeks to Eliminate Multiple Road Taxes and Promote Road Safety.
BusinessLocal

FG Seeks to Eliminate Multiple Road Taxes and Promote Road Safety.

According to the Federal Government, it is attempting to do away with different road taxes in order to encourage the…

byakintundeApril 12, 2023April 12, 2023
Despite Receiving N6tn in Subsidies, Fuel Prices have Increased by 81%.
CommoditiesLocal

Despite Receiving N6tn in Subsidies, Fuel Prices have Increased by 81%.

According to National Bureau of Statistics figures analyzed by our correspondent, the cost of Premium Motor Spirit, also known as…

byakintundeApril 12, 2023April 12, 2023
Railroad Employees are Enthusiastic about a 95% Pay Raise.
Local

Railroad Employees are Enthusiastic about a 95% Pay Raise.

Com Segun Esan, the Secretary-General of the Nigerian Union of Railway Workers, highlighted the optimism of railroad workers regarding the…

byakintundeApril 12, 2023April 12, 2023
IMF Advises CBN to Maintain a Strict Monetary Policy to Control Inflation.
FinanceLocal

IMF Advises CBN to Maintain a Strict Monetary Policy to Control Inflation.

The Central Bank of Nigeria (CBN) was given a recommendation by the International Monetary Fund (IMF) to continue tightening monetary…

byakintundeApril 12, 2023April 12, 2023
Lawmakers Call Finance Minister, AGF, Others Over Whistleblower Policy, $2.4 Billion Illegal Crude Oil Sale.
Breaking

Lawmakers Call Finance Minister, AGF, Others Over Whistleblower Policy, $2.4 Billion Illegal Crude Oil Sale.

The Attorney General of the Federation, Abubakar Malami, the Secretary to the Government of the Federation, Boss Mustapha, and the…

byakintundeApril 12, 2023April 12, 2023
NAICOM Sets a Deadline for Insurers to Switch to IFRS 17 as a Finance Reporting Standard.
insurance

NAICOM Sets a Deadline for Insurers to Switch to IFRS 17 as a Finance Reporting Standard.

The Financial Reporting Standard (IFRS)17 will be used by Insurance Managers starting in June of this year, according to the…

byakintundeApril 12, 2023April 12, 2023
Public Debt Stock Increased 4.96% to N46.25 trillion in Q4.
Local

Public Debt Stock Increased 4.96% to N46.25 trillion in Q4.

In the fourth quarter of last year (Q4 2022), the overall public debt stock of the nation climbed by 4.96…

byakintundeApril 12, 2023April 12, 2023
A loss at Airtel Africa Sent the Stock Market Down N569 billion.
BusinessStock

A loss at Airtel Africa Sent the Stock Market Down N569 billion.

Profit-taking by investors in Airtel Africa Plc continued to rule the Nigerian stock market at the start of the week…

byakintundeApril 12, 2023April 12, 2023
22 Nigerian Universities Receive a N5 billion Grant from AbdulSamad Rabiu.
Local

22 Nigerian Universities Receive a N5 billion Grant from AbdulSamad Rabiu.

The Abdul Samad Rabiu Africa initiative has disbursed a grant of N5.5 billion to 22 academic institutions in Nigeria. Each…

byakintundeApril 12, 2023April 12, 2023
President Buhari Grants Ekiti Free Trade Zone Designation.
Local

President Buhari Grants Ekiti Free Trade Zone Designation.

The Ekiti Knowledge Zone project of the Ekiti State Government has received approval from the President, Major General Muhammadu Buhari…

byakintundeApril 12, 2023April 12, 2023

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