NLC rejects CBN directive on electronic transfer levy

The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5 (0.005) per cent Cybersecurity Levy on electronic transfers. Its President, Joe Ajaero, stated the NLC position in a statement on Tuesday in reaction to a recent circular issued by the CBN, mandating banks and payment service […]

Gas Explosion: Lagos Lawmakers Demand Better Enforcement Of Safety Law

Following a recent gas explosion in the Ajeromi/Ifelodun area of Lagos that resulted in fatalities, the state House of Assembly has called on concerned ministries, departments and agencies of government to step up enforcement of safety laws to protect lives and property. The House, at plenary presided over by Rt. Hon. Mudashiru Obasa on Monday, […]

FG ready for Made-In-Nigeria Vehicle Production In 2024

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, says Nigeria is ready to commence local automobile manufacturing before the end of the year. At the African Association of Automotive Manufacturers and the Nigerian Automative Manufacturers Association’s meeting in Abuja, Uzoka-Anite said funds to grow the nation’s automotive industry have been made available to local […]

Nigeria reduces Band ‘A’ electricity tariff to N206.80 /Kwh

The Nigerian Electricity Regulatory Commission (NERC) has ordered the System Operator at the Transmission Company of Nigeria, to cap power supply to cross-border customers in Benin Republic, Niger, and Togo to six per cent. The directive to be in effect for six months subject to review, is outlined in a document which stipulates that power […]

FG to utilise the potentials of satellite technology

The Federal Government says it will fully utilise potentials of the satellite technology by harnessing its benefits to advance national development. Minister of Aviation and Aerospace Technology, Festus Keyamo, who stated this at the inauguration of the 28th Meeting of the AFI Satellite Network Management Committee (SNMC), on Monday in Abuja, affirmed that satellite technology […]

Shettima aborts his trip to Dallas due to fault with his aircraft

 Vice-President Kashim Shettima who was scheduled to represent President Bola Tinubu at the 2024 US-Africa Business Summit in Dallas, Texas has aborted the trip following a technical fault with his aircraft. His media aide, Stanley Nkwocha, in a statement yesterday said the Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar, will now represent the President […]

UN RELIEF AGENCY IN GAZA SAYS IT IS NOT EVACUATING EASTERN RAFAH

The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said it is “not evacuating” eastern Rafah after Israel’s military urged residents to leave parts of Gaza’s southernmost city. In a statement on Monday, UNRWA said it “will maintain presence in Rafah as long as possible and will continue providing lifesaving aid to people.” […]