The Minister of Works and Housing, Babatunde Fashola, has disclosed that between 2017 to July 2022, the federal government has approved over 5,000 certificates of occupancy and granted 2,738 consents to land transactions. Fashola said this on Thursday in a remark at the National Council on Lands, Housing and Urban …
Read More »FOREX: CBN Allays Fears of Nigerians
In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to the speculative activities of some players in the foreign exchange market. Speaking with newsmen in Abuja on Thursday, …
Read More »Nigeria, Taiwan To Strengthen Food Industry
Taiwan-Africa Business Association (TABA) and Anko Food Machine Co., Ltd.cohosted the Taiwan Food Machinery Expansion fair at conference hall of Anko Food Machine Co., Ltd. at on 28th July, 2022. The fair was attended by high level Taiwanese government officials, international trade offices, embassies, and ten of Taiwan’s leading food …
Read More »NEPZA, FIRS agree to adjust FTZs new tax administration pact
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have agreed to adjust some sections of the recently signed Memorandum of Understanding (MoU) on the efficient management of the free trade zones tax system in order to accommodate salient concerns of the stakeholders. Recall that …
Read More »FEC approves 2023-2025 MTEF, sets new parameters
The federal executive council (FEC) has approved the 2023-2025 medium-term expenditure framework (MTEF) and fiscal strategy papers (FSP). The minister of finance, budget and national planning, Zainab Ahmed said this on Wednesday at the end of the meeting Ahmed said the ministry got inputs from the council and will make …
Read More »Why Nigeria’s insecurity may not end soon — Ex-TUC president
A former president of the Trade Union Congress, Mr Peter Esele, has warned the Federal Government that the pervading insecurity in the country would never end unless public universities are reopened. Esele gave the warning in an interview with the News Agency of Nigeria on Thursday in Benin while commenting on the …
Read More »FCT POLICE BEGINS ENFORCEMENT OF OKADA BAN
The Federal Capital Territory, FCT, Police Command has commenced the execution of the Federal Government’s nationwide ban on motorcycle transportation system across the country. The Commissioner of Police, FCT Police Command,, Sunday Babaji, ordered the seizures of 20 motorcycles found to have violated the order on Tuesday, in the Durumi …
Read More »Senate invites Emefiele over naira depreciation
The senate has invited Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the depreciation of the naira. On Friday, the naira fell at the parallel market to N670 amid higher dollar demand. The decision of the upper legislative chamber followed a motion by Olubunmi Adetunmbi, senator representing Ekiti north. …
Read More »NGX Unveils Plan to Address Housing Deficit, Raises N72bn in 10 years
o meet the needs integral to the housing sector, whilst helping Nigeria meet its Sustainable Development Goals (SDGs), Nigerian Exchange Group (NGX) Plc says it intends to launch the impact board soon. This is even as the group revealed that in 10 years, it raised over N72 billion for real …
Read More »NLC protest: Police, DSS beef up N’Assembly security
Operatives of the Nigeria Police Force, the Department of State Security Service, and the Nigeria Security Civil Defense Corps have beefed up security around the National Assembly complex, Abuja, over the ongoing protest organised by the Nigeria Labour Congress in solidarity with the Academic Staff Union of Universities. Workers in …
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