The Commerce Africa African Reneissance
The Federal Capital Territory Administration Department of Outdoor Advertisement and Signanege says it has lost about N500m in revenue to masts erected without proper approval in the FCT. The Director of the DOAS, Dr Babagana Adam, made the revelation in Abuja, during an interactive session with journalists, on Thursday. He …
Read More »TimeLine Layout
December, 2022
-
8 December
Kaduna: Soldiers kill nine bandits, rescue kidnap victims
Soldiers attached to the Special Forces of the Nigerian Army, in a renewed offensive, killed nine bandits in their hideouts in the Giwa Local Government Area of Kaduna State. According to the state Commissioner for Internal Security and Home Affairs, Samuel Aruwan, the troops killed five bandits at Rafin Sarkin …
Read More » -
8 December
Buhari, 48 African Presidents to attend US-Africa Leaders Summit
President of the United States of America, Joe Biden, has invited 49 African heads of state and the head of the African Union for a three-day US-Africa Leaders Summit. The summit, scheduled for 13-15 December 2022, will take place in Washington DC, the US capital. This was contained in a …
Read More » -
8 December
DSS gives NNPC 48 hours to resolve fuel scarcity
The Department of State Services has given Nigerian National Petroleum Company Limited and other stakeholders in the downstream sector 48 hours to end the lingering fuel scarcity across the country. Addressing journalists at the DSS headquarters in Abuja on Thursday, its spokesperson, Peter Afunanya, said they held a closed door …
Read More » -
8 December
AfCFTA Will Stimulate Nigeria’s Trade By $12bn–Experts
Stakeholders of the African Continental Free Trade Area, Agreement said the agreement has the potential to grow trade value in Nigeria to about $12bn between 2023 and 2027. This was disclosed during the Nigeria AfCFTA implementation strategy validation held in Lagos. They said that the agreement could also reduce trade …
Read More » -
8 December
Stakeholders Back Amendment Of NDIC Act
Public and private sector stakeholders across the financial services industry have canvassed support for the Nigeria Deposit Insurance Corporation (NDIC) Act 2006 Amendment Bill currently before the National Assembly. Tbe stakeholders said this the amendment would help in strengthening the capacity of the Corporation to contribute more effectively and efficiently …
Read More » -
8 December
Emefiele Appoints Hamidu As Acting MD For NIRSAL Plc
The Central Bank of Nigeria Governor, Mr Godwin Emefiele has appointed Mr Saad Hamidu of the Development Bank of Nigeria to act as the Managing Director of the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending. His appointment was revealed in a letter addressed to him and signed by the …
Read More » -
8 December
Suspend limits on cash withdrawal, Reps tell CBN
The House of Representatives on Thursday, asked the Central Bank of Nigeria to suspend its latest policy which, among others, sets limits to cash withdrawals at deposit money banks and other financial institutions. Consequently, the House summoned the Governor of the CBN, Godwin Emefiele, to come and explain the policy …
Read More » -
7 December
I Didn’t Withdraw N5bn From Osun Account–Adeleke
The Osun State Governor, Ademola Adeleke, has denied withdrawing N5 billion from the state’s account and awarding the reconstruction of the road leading to the Adeleke University in Ede. In a statement by his spokesperson, Olawale Rasheed, on Wednesday the governor said the allegations being peddled on social media was …
Read More » -
7 December
Court throws out suit challenging Tinubu’s candidacy
A suit challenging the candidacy of Bola Tinubu as the presidential candidate of All Progressives Congress has been dismissed by a Federal High Court sitting in Abuja. A rights advocate and APC stalwart, Ngozika Ihuoma, had dragged Tinubu and the Peoples Democratic Party’s candidate, Atiku Abubakar, to court on June …
Read More »