The Commerce Africa African Reneissance
The Federal Government has engaged two security firms at the cost of N718 million to protect railway stations and tracks in the nation’s capital. The Minister of FCT, Muhammad Bello, disclosed this after Wednesday’s Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari. The contracts, as approved by …
Read More »TimeLine Layout
August, 2022
-
25 August
FAAC SHARES N954.085BN JULY 2022 REVENUE TO FG, STATES AND LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N954.085 billion July 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting held in Abuja …
Read More » -
24 August
Create ministry of digital economy, FG orders states
All 36 of the federation’s states are required by the federal government to create a ministry of digital economy. This was said by Isa Pantami, Minister of Communications and Digital Economy, in remarks to the media on in Abuja following the first meeting of the Presidential Council on Digital Economy and …
Read More » -
24 August
FG approves N54.82bn for projects in two ministries
The Federal Government, on Wednesday, approved N54.82bn for various projects in the Ministries of Works and Housing, and Humanitarian Affairs, Disaster Management and Social Development. This is as it approved a refund totalling N9.18bn to Kebbi and Taraba States for federal road projects executed by their governments during the Jonathan …
Read More » -
24 August
AfDB President named among winners of 2021 Global Brand Award
African Development Bank Group President Dr. Akinwumi Adesina has been awarded Nigeria Global Brand Award of the Year 2021 by Blueprint Newspapers, a national daily print and newspaper in Nigeria. The award is in recognition for what the newspaper describes as Dr Adesina’s pragmatic and purposeful leadership. Ms. Amina. J. …
Read More » -
24 August
Court Of Appeal Dismisses Case Against SON For Rejecting Importation Of Sugar Unfortified
The Court of Appeal sitting in Abuja has dismissed the appeal filed by Sunshine Chemical Development Company Limited against the Standards Organisation of Nigeria claiming that it acted in bad faith in rejecting the company’s application to import sugar unfortified with Vitamin A. Justice B. F. M. Nyako of the …
Read More » -
24 August
Monkeypox cases rise to 220 – NCDC
The Director General of the Nigeria Centre for Disease Control, Dr. Ifedayo Adetifa, said the Monkeypox cases in the country had risen to 220. Dr. Adetifa made this known at the ministerial press briefing on COVID-19 and developments in the health sector held in Abuja on Tuesday. He said the …
Read More » -
24 August
FG depriving youths education – ASUU
The Academic Staff Union of Universities has accused the Federal Government of deliberate attempts to deprive Nigerian youths of access to qualitative education. This was contained in a statement jointly signed by the Chairman, Muhammad Sani Gaya and Secretary, Murtala Muhammad of ASUU, Kano University of Science and Technology, Wudil, …
Read More » -
24 August
Zenith Bank Posts Multiple-Assets Growth As Revenue Surge 17% To N403bn
Zenith Bank, Nigeria’s tier-one lender has beat earning volatility to post 17 per cent revenue growth of N405bn from N304bn, driven by record surge in interest income. From a profit of N117bn in June last year, the bank saw an 11 per cent leap in its half year profit ending …
Read More » -
24 August
Stop Scandalizing Nigeria, Local Airline Operators Warn Emirates, Turkish Airlines, Others
Airline Operators of Nigeria, have accused foreign airlines of exploiting their clients, as well as sabotaging government institutions by repricing tickets and threatening to exit the country over unrepatriated funds. But consultants in the aviation industry have disagreed with the AON position on the matter. Foreign airlines last week began to adjust their business model …
Read More »