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Chairman of Innoson Vehicle Manufacturing Company Limited (IVM), Innocent Chukwuma has warned that the Federal Government’s proposed reduction of import duties and levies on buses, tractors and other motor vehicles as contained in the recent 2020 Finance Bill will kill the local automotive industry.

Innoson: Lowering tariff on imported vehicles will kill local auto industry

Chairman of Innoson Vehicle Manufacturing Company Limited (IVM), Innocent Chukwuma, has warned that the Federal Government’s proposed reduction of import duties and levies on buses, tractors and other motor vehicles as contained in the recent 2020 Finance Bill will kill the local automotive industry.
Governor Atiku Bagudu of Kebbi State 2

KEDCO: Governor Bagudu flags-off national mass metering programme in Kebbi

Gov. Atiku Bagudu of Kebbi State, on Tuesday kick-started the mass distribution of pre-paid metres, tagged “National Mass Metering Programme”, in Birnin Kebbi.

Report: Nigeria in 2019 recorded ‘lowest’ terrorism violence in eight years

Total deaths from terrorism in Nigeria fell to 1,245 in 2019, a 39 per cent decline, making it the lowest in the country since 2011, according to 2020 Global Terrorism Index (GTI) report.
Director General of NCDC, Dr Chikwe Ihekweazu addressing the press at the presentation of 15,000 COVID-19 test kits to NCDC by UNICEF in Abuja on Tuesday, Sept 29, 2020. [Twitter-@NCDCgov]

Nigeria records 168 new coronavirus cases, one death

Nigeria recorded 168 new cases of COVID-19 and one death on Tuesday, new data by the country’s infectious disease agency, NCDC, showed last night.
President Muhammadu Buhari is currently presiding over the quarterly meeting of the National Security Council (NSC) at the State House, Abuja.

President Buhari: 2020 Finance Bill exempts minimum wage earners from tax

In order to reduce the impact of inflation on Nigerians, President Muhammadu Buhari-administration, through the 2020 Finance Bill, is proposing the exemption of minimum wage earners from the Personal Income Tax.

Recession: CSOs express dismay over alleged poor management of economy

Civil Society Organisations, CSOs, Monday, expressed dismay over alleged poor management of economy following the recession that struck the economy at the weekend as reported by the National Bureau of Statistics, NBS.
The Management of Air Peace has received another ERJ-145 aircraft after undergoing C-Check abroad.

Air Peace: Coronavirus reason for reduction of flights

The airline’s Chief Operating Officer, Mrs. Toyin Olajide, said the COVID-19 pandemic devastated airlines worldwide, Nigerian airlines inclusive and that Air Peace is not immune from this.

Labour denies endorsing petrol price hike

Labour unions are demanding a reversal of recent hike in the petrol price and did not endorse deregulation that is anchored on price hike.
Atiku Abubakar

Atiku Abubakar: Nigeria needs critical leadership for economic sustainability

Former Vice President, Atiku Abubakar, has advised the federal to “swallow its pride”, acknowledge its limitations and accept quality ideas to end the latest round of recession.
No fewer than seven suspected kidnappers have been arrested by men of the Edo State Joint Security Task Force during a raid around Ogbemudia oil palm plantation, along Benin-Auchi highway, barely 24 hours after the taskforce kicked into action.

Edo joint task force arrests ‘kidnappers’

No fewer than seven suspected kidnappers have been arrested by men of the Edo State Joint Security Task Force during a raid around Ogbemudia oil palm plantation, along Benin/Auchi highway, barely 24 hours after the taskforce kicked into action.

NNPC targets profitability by 2021 – chief

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to efficiency, openness, transparency and prudence in service delivery if it is to realise its objectives and meet the expectations of its shareholders.

MAN, LCCI others blame recession on coronavirus, #EndSARS crisis

Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.

Recession: Financial expert seeks aggressive implementation of ESP

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.
The Academic Staff Union of Universities (ASUU), Ambrose Alli University (AAU) Ekpoma Chapter, has called on the Edo State Government to intervene and settle the crisis of non-payment of staff salaries in the institution.

Nigerian government agrees to pay striking universities lecturers’ salaries without IPPIS

The Federal Government has agreed to pay the salaries of members of the Academic Staff Union of Universities (ASUU) using a different mode of payment other than the Integrated Payroll and Personnel Information System (IPPIS).
Manchester United and England legend Sir Bobby Charlton has been diagnosed with dementia.

Dementia: PFA calls for restrictions on heading in training

The Professional Footballers’ Association has called for restrictions in heading while training as concerns are raised over former players being diagnosed with dementia.
Senate President Ahmed Lawan

Senator Lawan: Nigerians have democratic right to vote out present federal lawmakers

The President of the Senate, Dr Ahmad Lawan, on Friday said Nigerians have the democratic right in 2023 to vote out the present crop of federal legislators if they are tired of them.

Ministry, NGO task journalists on nutrition reportage

Save the Children International, Nigeria, in partnership with Federal Ministry of Finance, Budget and Planning have called on journalists to beam search light on increased reportage of nutrition issues in Nigeria.
All Progressives Congress (APC) Nigeria

INEC excludes APC, candidate from Bayelsa West senatorial bye-election

The Independent National Electoral Commission (INEC) has declared that the All Progressives Congress (APC) and its candidate, Peremobowei Ebebi, will not participate in the Bayelsa West senatorial bye-election.

Recent Stories

Explosion cuts Agip’s output by 30,000 barrels daily – Eni

The Nigerian Agip Oil Company (NAOC) on Thursday said the Nov. 20 explosion at its oil field in Bayelsa would adversely impact crude export to the tune of 30,000 barrels daily.
Vice President Yemi Osinbajo on Thursday presided over a virtual meeting of the National Economic Council (NEC) at the Presidential Villa, Abuja.

VP Osinbajo: Nigeria has key role to play in AFCFTA negotiation

Vice President Yemi Osinbajo has stated that Nigeria has a key role to play in the successful negotiation process of the Africa Continental Free Trade Area, AfCFTA.

CBN: Only cassava farmers growing improved varieties will have access to N25 billion loan

The Central Bank of Nigeria (CBN) has said only farmers who grow improved disease-free cassava stems will have access to the N25 billion facility it has created to boost cassava production in Nigeria.
Peter Obi

#EndSARS: Peter Obi dismisses petition against him

Former Governor of Anambra State, Peter Obi, has asked the Judicial Panel of Inquiry (JPI) sitting in Awka, the state capital, to dismiss the petition of Mr Bonaventure Mokwe against him, describing it as abuse of process.
Director-General-Nationanal-Information-Technology-Kashifu-Inuwa-CCIE-Delivering-Keynote-Adress-At-The-Ongoing-2020-Abuja-Lean-Manufacturers-Conference-and-Workshop-2

NITDA begins third phase capacity training for on e-Government

The National Information Technology Development Agency (NITDA) has commenced the third phase of virtual strategic capacity building training for Federal Public Institutions (FPI) in Abuja.