President Bola Tinubu commends the enterprising feat of Dangote Oil and Gas Limited in reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel. It will be recalled that Dangote Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a …
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Synergy between EFCC and NLTF Enhanced Remittance Inflows from N800million to N2.1bn Annually
The Executive Secretary and Chief Executive Officer of the National Lottery Trust Fund, Bello Maigari, has commended the Economic and Financial Crimes Commission for helping to widen NLTF’s revenue base through enhanced remittance inflows from N800 million to N2.1 billion annually. He gave the commendation in Abuja recently when he …
Read More »111-Year-Old Briton, World’s New Oldest Man, Reveals Secret To His Longevity
The world’s oldest living man, 111-year-old Briton John Tinniswood, said his longevity was “just luck” and there was no special secret to his diet – although his favourite food was fish and chips every Friday. Tinniswood, who has been retired for more than half a century, inherited the Guinness World …
Read More »With Education as Tool for social mobility,A Promising Future Awaits Nigerian Children -President Tinubu
President Bola Tinubu says the future of the Nigerian child is going to be brighter as the path to take them out of poverty has been cleared with his signing into law of the Student Loans Re-enactment Bill.The President spoke on Wednesday night when he hosted members of the APC …
Read More »N5bn Credit Facility For Small Businesses, CAC certificate is Required – SMEDAN
The Small and Medium Enterprises Development Agency of Nigeria has reviewed the selection process of beneficiaries for a N5bn credit facility allotted meant for small businesses in the country.With the new procedure, the agency has mandated the submission of Corporate Affairs Commission certificate and Tax Identification Number as a compulsory …
Read More »AfCFTA Is Strategic to Nigeria’s Trade and Investment Wellbeing – Olusegun Awolowo
The Executive Secretary of the National Action Committee, Mr. Olusegun Awolowo recently met with the Honourable Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, for a briefing on the groundbreaking efforts of the National Action Committee on the African Continental Free Trade Area (AfCFTA) towards the implementation of the …
Read More »NNPCL Disowns Report of Downward Review of Fuel Prices
Nigerian National Petroleum Company Limited (NNPCL) has refuted claims circulating in some sections of the media regarding a purported downward review of fuel prices attributed to the company on Wednesday.Reacting to these reports, NNPCL dismissed them as unfounded, particularly those suggesting a potential reduction in pump prices for Premium Motor …
Read More »CAC Anti- Corruption Crusade gets a boost, as 23-year old Nigerian goes to jail for forging Annual Returns Receipt
In a milestone achievement, the Corporate Affairs Commission (CAC) has secured the conviction of one Abubakar Sadiq Aremu to four years imprisonment for cheating and forgery of its receipts. Arraigned on March 21, 2023, before Upper Area Court Mpape Abuja, the accused pleaded guilty to the offence and was therefore sentenced …
Read More »CAC, NFIU Synergise to remove Nigeria from the grey list of financial Action Task Force
The Corporate Affairs Commission (CAC) has resolved to Synergise with the Nigeria Financial Intelligence Unit (NFIU) to ensure that Nigeria exits the grey list of the Financial Action Task Force.The Registrar-General and CEO of the CAC, Hussaini Ishaq Magaji, SAN, gave the assurance today while receiving the Director/CEO of the …
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Nigeria has lost out in agricultural export markets -WTO DG
12th March 2024
The World Trade Organisation, on Tuesday, said Nigeria had relinquished its leading position in the agriculture export market because a lot of its agricultural commodities do not meet the sanitary and phytosanitary measures required for exportation.It also pointed out that despite the abundance of arable lands and increased investments, the …
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