The National Drug Law Enforcement Agency(NDLEA) has won a major breakthrough in the war against illicit and banned substances with the arrest of a wanted 59-year-old drug baroness, Bridget Ovhenekevwe Emeka (aka Mama), by operatives of the agency. The suspect who is a backbone of a major cartel distributing drugs …
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Airtel To Finance Service Bank Deployment From $755m Profit
Airtel Africa will spend part of the $755m profit reported for the 2022 fiscal year to fund the Payment Service Bank operations. The Central Bank of Nigeria has given final approval for the bank. The Chief Executive Officer, Segun Ogunsanya, said the PSB subsidiary will be launched in coming weeks. …
Read More »Group urges NASS, MDAs, others to partner FG in protecting FDI
The Nigeria Economic Zones Association (NEZA), an umbrella body of Free Trade Zones operators and enterprises in zones has urged members of the National Assembly, Ministries, Department and Agencies (MDAs) of the Federal Government to only take actions that would only protect the over 25 billion US dollars Foreign Direct …
Read More »NDLEA seizes 203,879 Tramadol Tabs in 4 States
Operatives of the National Drug Law Enforcement Agency have foiled fresh bids by drug cartels to export Tramadol, Ecstasy MDMA and Cannabis to Milan, Italy and Dubai, United Arab Emirates. The substances were scheduled to be exported through the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos State. The NDLEA said …
Read More »NEPC To Pay 285 Firms N375bn Export Expansion Grant Debt
The Federal Executive Council chaired by President Muhammadu Buhari has approved the payment of N375bn as backlog of Export Expansion Grant to 285 non-oil exporters. The amount was confirmed by the Executive Director/Chief Executive of the Nigerian Export Promotion Council, Dr Ezra Yakusak during an interview at the sidelines of …
Read More »Beware, Hackers Can Steal Your Car Through Remote Control, NCC Warns
Hackers have now found a means to compromise the security of vehicles by unlocking and starting their engines wirelessly with the intention of stealing. The Nigerian Communications Commission (NCC) disclosed this on Sunday to alert Nigerians on the ongoing cyber-vulnerability. The regulator explained that car remotes are categorized short range devices …
Read More »Air Force seeks more time to end insecurity in Nigeria
The Nigerian Air Force has vowed to end insecurity in the country, urging Nigerians to be patient with the service. This as it described the security challenges as dynamic and uncertain which requires continuous review of strategies. The Director of Public Relations and Information, Air Commodore Edward Gabkwet, disclosed this …
Read More »Buhari to replace Amaechi, Malami, Akpabio, others soon
President Muhammadu Buhari will replace the 10 members of his cabinet who have resigned from their positions to contest various elective offices in next year’s general elections. The Minister of Information and Culture, Lai Mohammed, disclosed this to State House Correspondents shortly after the President held a valedictory meeting with …
Read More »2023: I’ll build 500,000 housing units annually if elected, says Saraki
A former Senate President, Dr Bukola Saraki, on Thursday, promised to build 500,000 housing units annually if elected President of Nigeria in 2023. Saraki who is contesting the presidency on the platform of the Peoples Democratic Party also pledged to be the bridge between the North and South and Christians …
Read More »NCC, FIRS Set Up Committee To Block Revenue Leakages In Telecoms Sector
The Nigerian Communications Commission and the Federal Inland Revenue Service have set up a Joint Committee of senior and management staff to boost Federal Government revenues from the telecommunications sector. The regulator made the disclosure in a statement signed by Ikechukwu Adinde, the Director, Public Affairs of the NCC. The …
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