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FG plans to revoke unused oil licences

The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities on them. The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe told Reuters …

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UK introduces tougher visa rules

UK Home Secretary, James Cleverly, has unveiled a set of new rules aimed at curbing migration, BBC reports. The UK is set to raise the minimum salary requirement for obtaining a skilled worker visa. Currently set at £26,000, the new threshold will be increased to £38,700. Cleverly told parliament on …

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Subsidy: FG to disburse grants to SMEs

The Federal Government says it will soon commence disbursement of funds under its Presidential Palliative Programme, targeted at alleviating the impact of the fuel subsidy removal. A statement on Sunday by the Minister for Industry, Trade and Investment, Dr Doris Uzoka-Anite, said the programmes consisted of the Presidential Conditional Grant …

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