The Nigerian National Petroleum Corporation (NNPC) Limited is owing around $3 billion to traders over imported premium motor spirit, PMS, popularly known as petrol. According to Reuters, the backlog might not be unconnected with the collapsing naira currency and rising Read more…
The Economic and Financial Crimes Commission has warned against the use of Dollar or any foreign currency for services in the country. The Chairman of the EFCC, Mr. Ola Olukoyede’s strong warning is contained in the latest edition of the Read more…
Human rights lawyer, Femi Falana, says the Federal Government through the Nigerian Electricity Regulatory Commission (NERC) plans to extend electricity tariff hike beyond Band A consumers to other Nigerians categorised under other bands. Falana, who was a guest on Channels Read more…
Senator representing Borno South and Chief Whip of the Senate, Mohammed Ali Ndume, has faulted the recent hike in electricity tariff. The Senate Chief Whip said the timing was wrong as he noted that Nigerians were yet to recover from Read more…
The Federal Government of Nigeria, through the National Identity Management Commission (NIMC) in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), has launched an innovative identity solution with payment functionality for all types Read more…
Following the 240 per cent electricity tariff hike for Band ‘A’ customers by the federal government, households are now bracing up for tougher times, thereby calling for policy reversal. Recall that NERC had on Wednesday announced the approval of an Read more…
Our attention has been drawn to a communique alledgedly issued in the name of Former Political Appointees of Anambra State wherein all manners of frivolous allegations were made against the State Government. It is important to put in proper perspective Read more…
The Federal Government has pegged vehicle speed limits on the Third Mainland bridge at 80 kilometres per hour. Minister of Works, David Umahi, declared the latest speed limit during the official opening of the bridge. The minister, who was represented Read more…
The Russian economy is growing while becoming less and less reliant on oil and gas exports, Prime Minister Mikhail Mishustin told lawmakers on Wednesday. The government’s revenue is increasing, allowing Moscow to finance growth and development projects, and to meet Read more…
The Christian Association of Nigeria (CAN) has condemned the Easter advert placed in the media and circulated by the Federal Inland Revenue Service (FIRS) on Easter Day and demanded that the Service tenders an apology. The daid advert had as Read more…
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has described those questioning the fixing of streetlights in the nation’s capital and other projects as sadists who found it difficult to accept the reality of change. The Minister stated this Read more…
The collective net worth of Russia’s richest persons has soared by $72 billion over the past year to $577 billion, despite unprecedented sanctions pressure, according to Forbes annual World’s Billionaires List. Vagit Alekperov, former president of Russian oil giant Lukoil, leads Read more…