NNPC cautions against Panic buying of petrol, assures of availability and supply
The Nigerian National Petroleum Company (NNPC) Limited has once again urged motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol. This comes as the nationwide supply and distribution of the product continues to improve. Its Chief Corporate Communications Officer, Olufemi Soneye, in a statement said the queues at filling […]
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 […]
CBN Issues July 7 Deadline For PoS Operators’ Registration with Corporate Affairs Corporation
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation. This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji, today in Abuja. Speaking at the event, the CAC boss said the […]
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.” […]
Canelo Alvarez beats Jaime Munguia on points to defend titles
Saul ‘Canelo’ Alvarez beat fellow Mexican Jaime Munguia by a unanimous points decision to retain his WBA, WBC, WBO and IBF super-middleweight titles in Las Vegas. Munguia was dropped for the first time in his career in the fourth when he was caught by a right uppercut before Alvarez went on to win on points […]
Ban on drumming and noise-making in Accra commences from May 6
The Accra Metropolitan Assembly (AMA) in Ghana, has announced the commencement of this year’s ban on drumming and noise-making, slated to run from May 6th to June 6th, 2024. The assembly in a press release outlined specific guidelines aimed at maintaining peace, harmony, and national security during the ban period, noting that religious houses are […]
