President Muhammadu Buhari Wednesday unveiled the redesigned new 1000, 500 and 200 Naira banknote at the Council Chambers of the Presidential Villa in Abuja . This occured shortly…
Category: Business
FG to grow oil reserves to 40bn barrels by 2025 – Sylva
Chief Timipre Silva, Minister of Petroleum Resources, says one of the key mandates of the ministry is to grow oil reserves from the current 37 billion barrels to 40 billion…
Labour to take Legal action over sales of Union, Polaris Banks
Leaders of the National Union of Banks , Insurance and Financial Employees, NUBIFIE, have expressed serious concerns over what it described as lack of transparency in acquisition and sales of…
Oyebanji reinstates commitment to rapid development of Ekiti
Ekiti State Governor, Mr Biodun Oyebanji, has reiterated the commitment of his administration to creating an enabling environment for investment to thrive. The Governor, who stated this in Ado-Ekiti on…
El- Rufai Tasks FG to Remove subsidy immediately
The governor of Kaduna State, Mallam Nasir El-Rufai, has advocated immediate removal of petrol subsidy. He made the call, yesterday, at the “State-of-the-State” session at the on-going NESG, in Abuja.…
Commercial Activities Hampered in Lagos as Drivers Embark on Strike
The strike embarked upon by bus drivers in Lagos State on Monday disrupted the movement of many workers and business activities. some employees faced challenges at the bus stop for…
Ekiti: Oyebanji Lifts Embargo on State Accounts
The Ekiti state Governor, Mr Biodun Oyebanji, has lifted the embargo placed on state government accounts with immediate effect. A press release today by the chief press secretary to…
FG Rejects Naira Design Policy
….. Warns CBN Governor On Consequence The Federal Government has rejected the proposed policy initiated by Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele to redesign some…
Gani Adams Tells FG How Lekki Deep Seaport can Become Reality
The Aare Ona Kakanfo of Yoruba land, Gani Adams has tasked the Federal Government on urgent completion of the Lagos Badagry road to ensure the deep Sea Port project becomes…
NPA Reveals How oil thieves escape detection
The Nigerian Ports Authority, NPA, has disclosed how oil thieves usually turn off the automatic identification system, AIS, of vessels to avoid detection. The AIS is an automatic tracking system…