Tensions Between Niger and Benin escalates
Tensions between Niger and Benin have escalated further over a decision by Cotonou to prevent its landlocked neighbour from using its port to export its first crude oil, as a border dispute between the two rages on. The blockade jeopardises Niger’s plan to start exporting crude oil to China under a $400 million deal. Niger’s […]
Lagos Government to pay medical bills of gas explosion victims
Lagos State Government says it will foot the medical expenses of the victims of the recent tragic gas explosion in Ajeromi Ifelodun Local Government Area. Commissioner for Health, Prof. Akin Abayomi, during a visit to the victims at the Burns and Trauma Unit, Gbagada General Hospital, extended sympathy to the victims’ families and assured them […]
NSIB COMMENCE INVESTIGATION INTO XEJET RUNWAY OVERRUN
The Nigeria Safety Investigation Bureau (NSIB) says it has commence investigation into the runway overrun incident involving XeJet Airline’s Embraer 145 aircraft which occurred on Saturday 12th may at the Muritala Mohammed International Airport Lagos. In a statement by the Director, Public Affairs and Consumer Protection, Nigerian Safety Investigation Bureau, Mrs. Bimbo Olawumi Oladeji noted […]
Lagos announces traffic diversion On Adeniji-Falomo, Bourdillon-Queens Drive
The Federal Government through the Federal Ministry of Works has announced that that ADENIJI ADELE – FALOMO – ROAD will be closed for rehabilitation. A statement signed by the Federal Controller of Works in Lagos, Mrs Olukorede Kesha, says a closed section will be rehabilitated completely and open to traffic before changing to another section. […]
CBN to withdraw ambiguous 0.5 per cent cybersecurity levy
Members of the House of Representatives have asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy According to the Green House, the CBN is to withdraw the initial circular, describing it as “ambiguous”, and “issue a more understandable one”. Honourable […]
Senate okays the Death Penalty for Drug Traffickers
The Senate has approved the death sentence as penalty for drug traffickers in the country, as it passes through the third reading, the 2024 NDLEA Act (Amendment) Bill. The proposal was adopted today when the Senate dissolved into a clause-by-clause consideration of a report from Senator Tahir Munguno, Chairman of the Committees on Judiciary, Human […]
TUC Threatens Nationwide Shutdown over Cybersecurity Levy
The Trade Union Congress (TUC) has threatened to shut down Nigeria’s economy if the Federal Government fails to reverse the cybersecurity levy introduced by the Central Bank of Nigeria. Reacting to the directive from the CBN to commercial banks and other financial institutions, the congress in a statement today signed by its president, Festus Osifo, […]
FG to inaugurate Funtua Inland Dry Port in Katsina State
The Federal Government has concluded plans to inaugurate the Funtua Inland Dry Port in Katsina State. In a statement, the Assistant Director, Public Relations Unit of the Nigerian Shippers Council, Rebecca Adamu, said the dry port would be opened by President Bola Tinubu at the Funtua IDP project site, with the inauguration billed for Thursday […]
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 […]
