•N714b paid in seven months There is no plan to end petrol subsidy for now, the Federal Government said yesterday. Finance, Budget and National Planning Minister Mrs. Zainab Ahmed said provision has been made for the first six months of next year. She explained that subsidy payment would stop since complete deregulation of the downstream […]
Continue Reading
The Central Bank of Nigeria (CBN) has explained the reason for the sudden disappearance of the newly launched e-naira speed wallet from Google’s play store. The bank explained that the app’s disappearance was only temporary as it was undergoing an important upgrade aimed at tackling glitches noticed since its launch. Director of Corporate Communications of […]
Continue Reading
The Federal Government has disclosed that it is monitoring and reviewing the operational licences of electricity generation (GenCos) and distribution companies (DisCos) following poor service delivery in the sector. The power sector was partially privatized in November 2013 with the government handing over the ownership of the DisCos and a large number of GenCos to […]
Continue Reading
Most residents of Okitipupa Local Government Area of Ondo State have resorted to the use of firewood and charcoals for cooking. This follows the hike in prices of Liquefied Petroleum Gas (LPG), also known as cooking gas. Cooking gas which has been embraced by a larger percentage of Nigerians rose from its former price of […]
Continue Reading
The Aare Onakakanfo of Yoruba land, Iba Gani Adams, yesterday, tackled the Federal Government over the continued closure of the Seme border saying it is a disservice to the South West. He also expressed worry over the worsening insecurity in the country, saying there is need to decentralize the country’s security architecture. Speaking at the […]
Continue Reading
Ekiti State Governor Kayode Fayemi has inaugurated a 5-Megawatt Independent Power Project (IPP) in Ekiti, as a way of addressing the shortage of electricity supply to institutions and the private sector in the state. At the inauguration, he said the project is one in the series of interventions by his administration to address the inherent […]
Continue Reading
The Speaker, Plateau House of Assembly, Mr Abok Ayuba, has been impeached by eight of the 24 members of the legislature. The unusual sitting on Thursday morning, presided by the Deputy Speaker, Saleh Yipmong, elected Yakubu Sanda (APC-Pengana) as the new speaker. It was learnt that the eight members gained access to the House as […]
Continue Reading
Four Peoples Democratic Party (PDP) Governors are in Ondo State to woo former Governor Olusegun Mimiko back to the party. A large number of Zenith Labour Party(ZLP) members are at the residence of Mimiko in Ondo town to welcome the PDP contingent led by Oyo Governor Seyi Makinde. Other Governors in the team are Nyesom […]
Continue Reading
eNaira … Photos:Tekedia •Operators differ on benefits of new scheme, urge FG to strengthen Naira Nigeria’s hydra-headed challenges including smartphone affordability, network hitches and low awareness appear to weaken the adoption of eNaira in the country. With many Nigerians already onboard similar fintech applications that offer similar services like the e-naira, there are concerns about […]
Continue Reading
President Muhammadu Buhari has successfully performed the Umrah (Lesser Hajj) at the Grand Mosque in Makkah, Saudi Arabia, alongside the minister of communications Isa Pantami, and business moguls Aliko Dangote, Wale Tinubu and Abdulsamad Rabiu. Umrah is a religious ritual of great significance performed by Muslim Ummah. It is believed that all the requests made […]
Continue Reading
