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Isu said the agency had earlier distributed food items meant for the 2019 flood victims, which was initially kept at its warehouse, following the approval of Gov. Douye Diri two weeks ago.

Bayelsa governor: 2.5% revenue for host communities ‘unacceptable’ to Niger Delta

Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities.
1. Former Chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina at the federal high court after his extradition from Niger on Friday. Photo by Gbemiga Olamikan.

Witness: N74 billion recovered by Abdulrasheed Maina was used to finance 2012 budget

Ngozika Ihuoma, first defence witness (DW1), on Tuesday, told the Federal High Court, Abuja, that N74 billion recovered by defunct Pension Reformed Task Team (PRTT) was used by the Federal Government to finance 2012 Budget.
Speaker of the House of Representatives, Femi Gbajabiamila, yesterday said that the parliament passed 2021 in good time to ensure the country maintains the January to December budget cycle started last year.

Speaker Gbajabiamila: Repealing Treaties Act of 1993 long overdue

The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that repealing the Treaties (Making Procedure, etc) Act of 1993 represents a bold and long overdue step in the country’s quest for perfect democracy.
House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

House of Reps move to domesticate laws on treaties, agreements, conventions, others

The House of Representatives says it will domesticate laws on treaties, protocols, agreements, conventions, pacts and accords to become operational in the country.
Lagos State Commissioner for Health, Akin Abayomi, on Tuesday asked the passengers who were on the same plane with the lady to self-isolate as he released hotlines to call should they show any symptoms.

Lagos: 2,636 active coronavirus cases under home-based care

The Lagos State Commissioner for Health, Prof. Akin Abayomi, says there are 2,636 active COVID-19 cases being managed under the state ‘Home Based Care’.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Oil slips on fears over higher OPEC supply, slower China demand

Oil prices slipped, on Tuesday, as expectations that top producers would agree to raise oil supply in a meeting this week weighed on sentiment, already hit by concerns over slowing Chinese demand.
Nigeria on Tuesday received 3.94 million doses of the Oxford-AstraZeneca COVID-19 vaccine through the COVID-19 Vaccines Global Assess Facility, COVAX.

Nigeria receives 3.94 million coronavirus vaccines doses

Nigeria on Tuesday received 3.94 million doses of the Oxford-AstraZeneca COVID-19 vaccine through the COVID-19 Vaccines Global Assess Facility, COVAX.
The recent declaration by the court that N50 stamp duty on teller deposits or electronic transfer of funds is illegal is in order, frontline Lagos Lawyer, Fred Nzeako, has said.

Energy firms’ bank debts rise to N5.94 trillion

The debts owed to Nigerian banks by oil and gas operators as well as power companies in the country rose to N5.94tn at the end of 2020 from N5.25tn in December 2019.

Archbishop Kaigama: Poverty menacingly threatening existence of Nigerians

The Catholic Archbishop of Abuja Diocese, Ignatius Kaigama, has criticised what he described the poor social security system in the country, which, he said, negatively affects millions of Nigerians.”
The Minister of State for Health, Dr Olorunnimbe Mamora, said that the Federal Government planned to cover 70 per cent of Nigerians within two years.

PTF: No coronavirus vaccines for under-18

The Presidential Task Force (PTF) on COVID-19 has said that Nigerians under the age of 18 years will not receive the COVID-19 vaccines in the country.
The Executive Vice Chairman of the now rested Presidential Task Team on Apapa Restoration of Law and Order, Mr. Kayode Opeifa, yesterday dismissed allegations of corruption against its officials.

Apapa gridlock: We’ll sustain call-up system enforcement – Lagos traffic team

Seventy-two hours into the commencement of the new Call-Up System introduced by Nigerian Ports Authority, NPA, the Lagos State Special Traffic Management Enforcement Team, yesterday, vowed to sustain the new order in Apapa and its environs, as gridlock eases off.
Governor Oluwarotimi Akeredolu of Ondo State has granted amnesty to 11 inmates serving various jail terms in correctional centres in the state to mark the beginning of 2021.

Ondo governor suspends NURTW, RTEAN, orders unions to vacate motor parks

Ondo State Government has suspended both the National Union of Road transport workers, NURTW, and the Road Transport Employers’ Association of Nigeria, RTEAN in the state.
The Economic and Financial Crimes Commission (EFCC) on Monday arraigned a former senator, Umaru Argungu, on charges of criminal misappropriation of public funds to the tune of N419million.

EFCC arraigns former Nigerian senator for ‘N419 million scam’

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned a former senator, Umaru Argungu, on charges of criminal misappropriation of public funds to the tune of N419million.
Speaker of the House of Representatives, Femi Gbajabiamila, yesterday asked Health Minister, Dr. Osagie Ehanire, the whereabouts of visiting Chinese medical personnel, saying their activities in the country must the oversighted by the parliament.

Nigeria to adopt polio-immunisation strategy in vaccinating eligible citizens

As Nigeria receives its first batch of 3.92 million doses of AstraZeneca COVID-19 vaccines on Tuesday, the federal government has said it would adopt the strategy deployed during the polio pandemic in the country in vaccinating eligible citizens.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Banking industry report shows mixed development

The Central Bank of Nigeria, CBN, staff report has indicated that the banking industry ended 2020 in a mixed performance. But members of the apex bank’s Monetary Policy Committee, MPC, its highest policy body, have indicated that the industry remained resilient and sound despite some negative impacts of the COVID-19 pandemic during the year.
4. The NCDC and partners, with leadership from the Federal Ministry of Health and Presidential Task Force (PTF) on COVID-19 is putting in place measures to strengthen the public health response to the pandemic.

Nigerian government unveils online registration platform for coronavirus vaccination

The federal government Monday launched the electronic registration platform to enable eligible Nigerians get vaccinated against the deadly Covid-19 pandemic.

PIB: Stakeholders want 10 percent derivation for host communities

Stakeholders in the oil and gas industry, Thursday demanded a raise of the oil operating expenditure from 2.5 per cent to 10 per cent for host communities in the new petroleum industry bill (PIB).
The Minister of State for Health, Senator Olorunnimbe Mamora, confirmed this during a chat with newsmen on Monday.

Minister: Nigerians who received coronavirus vaccines abroad must get tested upon arrival

The minister of state for health, Olorunnimbe Mamora, says Nigerians who have received COVID-19 vaccines abroad will still be required to take polymerase chain reaction (PCR) tests upon arrival in the country.
Former U.S. President Donald Trump has warned that under the Biden administration, the country’s dependence on foreign oil may increase and energy prices could rise.

Donald Trump says he predicts ‘energy disaster’ for America

Former U.S. President Donald Trump has warned that under the Biden administration, the country’s dependence on foreign oil may increase and energy prices could rise.
The logo of MTN is pictured in Abuja, Nigeria September 11, 2018. REUTERS-Afolabi Sotunde-File Photo

MTN records N1.3 trillion service revenue, 76.5 million subscribers

MTN Nigeria, on Monday, released its audited results for the financial year ended 31 December 2020, where it raked in N1.3 trillion service revenue in the last fiscal year, which is a 14.7 per cent increase in revenue.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank plans to strengthen Naira, economy through $15 billion Dangote refinery

The Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension the nation’s economy through the $15 billion Dangote Refinery.
The decision not to award Manchester United a penalty against Chelsea after Callum Hudson-Odoi handled in the area prompted a confused reaction from Red Devils defender Luke Shaw.

Luke Shaw reveals what referee told Harry Maguire about awarding a penalty

United boss Ole Gunnar Solskjaer was in no doubt his side should have been awarded a penalty, and claimed Attwell’s alleged comment to Maguire after the incident would not show the referee in a good light.

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Twitter is looking into adding subscription options to become less dependent on targeted ads, Bloomberg reported Monday. Several teams are apparently in the early stages of researching different approaches.

Twitter opens its audio chat room Spaces to Android users

Twitter introduced a limited version of the Clubhouse competitor on iOS in January. While any users of Twitter’s iOS app can join and listen to Spaces, only a few can host them at the moment.
Rivers State Governor, Nyesom Wike, on Tuesday, brokered a truce between the Governor of Benue State, Samuel Ortom and Governor of Bauchi State, Senator Bala Mohammed in Port Harcourt.

Bauchi, Benue governors reconcile in Port Harcourt

Rivers State Governor, Nyesom Wike, on Tuesday, brokered a truce between the Governor of Benue State, Samuel Ortom and Governor of Bauchi State, Senator Bala Mohammed in Port Harcourt.
FC Barcelona and Atletico Madrid will have to cut down the costs of their squads by more than 35 million euros ($42.14 million) following new salary limits imposed by La Liga on Tuesday to cope with the financial impact of the Covid-19 pandemic.

Barcelona, Atletico Madrid ordered to further tighten belts by La Liga

FC Barcelona and Atletico Madrid will have to cut down the costs of their squads by more than 35 million euros ($42.14 million) following new salary limits imposed by La Liga on Tuesday to cope with the financial impact of the Covid-19 pandemic.
Isu said the agency had earlier distributed food items meant for the 2019 flood victims, which was initially kept at its warehouse, following the approval of Gov. Douye Diri two weeks ago.

Bayelsa governor: 2.5% revenue for host communities ‘unacceptable’ to Niger Delta

Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Police nab five ‘armed robbers’, recover fire arms in Nasarawa

Police in Nasarawa state Tuesday announced the arrest of two suspected notorious armed robbers who have been terrorising Nasarawa and its environs and recovered fire arms from them.

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Faisal Shuaib, Executive Director of the National Primary Healthcare Development Agency, made this known during the Presidential Task Force on COVID-19 press conference held in Abuja on Tuesday.

Nigeria receives 3.9 million COVAX vaccine doses on Tuesday

This was disclosed in a joint statement by the National Primary Health Care Development Agency (NPHCDA), United Nations Children’s Fund (UNICEF), and the World Health Organization (WHO) in Abuja.
FILE PHOTO - A staff member skis down a slope during an organised media tour to the National Alpine Skiing Centre, a venue of the 2022 Winter Olympic Games, in Beijing's Yanqing district, China February 5, 2021. REUTERS-Tingshu Wang

White House has not made ‘final decision’ on participation in Olympics in China

The White House has not made a final decision on participation in the Winter Olympics in Beijing, a spokeswoman said on Thursday, as Republican lawmakers call for the United States to boycott the Games in 2022.
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has not approved any drug or vaccine for the treatment of COVID-19.

NAFDAC: FEC approves N6.2 billion for FCT projects, 40 scan devices

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N5.9 billion for execution of three projects by the Federal Capital Territory (FCT).
1. President Muhammadu Buhari, on Thursday, met with the new Chairman of Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, at the State House, Abuja.

AYCF urges new EFCC boss not to spare any corrupt officials

The Arewa Youth Consultative Forum (AYCF) has commended President Muhammadu Buhari for appointing a young man in the person of Bawa to head the EFCC.
FMDQ Securities Exchange has posted 13.66 per cent turnover growth in the Fixed Income and Currency (FIC) for the month of July.

FMDQ Exchange admits Parthian Partners N20 billion commercial paper

The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme to its platform.