The Chairman of House Committee on Aviation Hon. Nnolim Nnaji has expressed concern over the planned closure of Enugu Airport noting that it would have adverse effect on the socio economy of the South East.
The Market Operator of the Transmission Company of Nigeria (TCN), Engr. Edmund Ejie, on Wednesday disclosed that the Federal Government has approved N600billion for injection into the nation’s electricity market.
Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were witnessed in MTN Nigeria Communication Plc’s shares on Tuesday.
Following the commissioning of the maritime security surveillance portal by the Nigerian Maritime Administration and Safety Agency, NIMASA, Mr Gambo Ahmed, Executive Director in charge of Maritime Labour and Cabotage Services at the agency, has said that freight rate for Nigeria bound cargoes are expected to take a plunge anytime soon.
The Anti-Corruption and Transparency Monitoring Unit, ACTU, in the Presidency, yesterday declared the unit’s willingness to partner with MBA Forex and Capital Investment Limited to improve a culture of accountability and transparency in the country.
Contrary to claims by the Speaker of the House of Representatives, Mr. Femi Gbajabiamila, that the ports in Lagos are filled up to their brims, the Seaport Terminal Operators Association of Nigeria, STOAN, has said that the Lagos Port Complex, Apapa, and the Tin Can Island Port Complex, both in Lagos, are not congested but were operating at less than 70 per cent capacity.
Regulators are reportedly concerned that the Libra currency could shut out rivals and create “competition restrictions” related to the use of information and consumer data. The EU is also examining the integration of Libra wallets into Facebook’s WhatsApp and Messenger services, according to Bloomberg.
The Nigerian Maritime Administration and Safety Agency, NIMASA, has said that the delay in sending cadets of its National Seafarers Development Programme, NSDP, to sea time training was not related to the signing of the Memorandum of Understanding, MoU, with the foreign training institutions or payment to them.
Fidelity Bank Plc has given out N2.8 million to seven of its customers in Makurdi as reward for saving under its Fidelity Savings Loyalty Scheme.
Ekiti State Government has adopted a strategic that would facilitate prompt and stress -free repayment of loans running to N1.5 billion granted the people under the Small and Medium Enterprise Support Scheme since the administration of Chief Segun Oni to date.
The Executive Secretary, Nigerian Content Development Monitoring Board (NCDMB), Engr. Simbi Wabote, on Tuesday said the Local Content Act cannot be fully comlied with because of the economic realities in the country.
The Central Bank of Nigeria (CBN) on Monday it will strive to protect the country’s currency reserves after a British court ruling granted a small natural gas firm the right to seize $9 billion in assets from the Federal Government.
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, says that the number of expatriates working in the Nigerian oil and gas sector has been reduced by 80 per cent.
Consistent with its commitment to the adoption of innovative digital technology to drive its retail strategy, reduce cost and improve revenue and returns, Fidelity Bank has signed a Memorandum of Understanding with Open Technology Foundation (OTF) for the adoption of a standard Application Programming Interface (API) for its operations as a financial institution.
The Central Bank of Nigeria (CBN) has mandated the microfinance banks (MFBs) to mix the lower and higher Naira notes while disbursing it to customers.
Mr Foluso Daramola, the Ekiti Commissioner for Education, Science and Technology, on Thursday gave an assurance that government would promote adult literacy.
Consumers of Electricity product and other Stakeholders, yesterday vowed to resist implementation of the new power tariff increase announced by the Nigerian Electricity Regulatory Commission, NERC, expected to become effective from July 2020.
President Muhammadu Buhari says his administration has invested close to N1.3 trillion in the education section since he came into office in 2015.
Tottenham Hotspur midfielder Victor Wanyama is on the verge of signing for Club Brugge.
The Chief Judge of Kogi State, Nasir Ajanah, has unconditionally released 16 inmates awaiting trial in Koton-Karfe and Okene correctional facilities of the Nigerian Correctional Service (NCP) in the state.
President of the Nigeria Wrestling Federation (NWF), Hon. Daniel Igali, has charged the country’s wrestlers and coaches to the 12th All Africa Games in Morocco to ‘give their best efforts’ when hostilities resume in the Northern African Nation today.
The Defence Headquarters (DHQ) has appealed to Nigerians to refrain from comments and actions that could pit the police against the army.
Akwa Ibom state governor, Udom Emmanuel, has asked Federal Government support any venture that would strengthen the economy of Nigeria, thereby, strengthening its democracy.
Governor Bello Matawalle of Zamfara on Friday received a draft cheque of N282.5 million from the Assets Management Corporation of Nigeria (AMCON) being excess money recovered from auction of the state government’s properties.
Dream of making Calabar, the capital of Cross River State, the first city in the country to enjoy 24-hour uninterrupted power supply edged closer to reality, at the weekend, as the 23 megawatts power plant built by Governor Ben Ayade began to evacuate power to the city.