Local Govt Joint-Account: FG Set New Rules To Checkmate Governors

Triggered by unabated embezzlement of cash allocated to the local govt councils across the federation by the state governors through the statutory Joint Local Gov. Accounts, the federal government today has moved against the intrusive of the states into the council allocation.

AfDB Invest $4bn In Nigeria

President of the African Development Bank (AfDB), Dr Akinwunmi Adesina has revealed that the bank has invested about $4bn in Nigeria. He made the assertion during a visit to the state house in Abuja on Tuesday, 24th April 2019.
“We have 60 operations in Nigeria for a total of $4.5bn and about $2.8bn of that is in the private sector in the banking industry, financial sector, in particular about $1.7bn in the public sector.

Registration For The 10-Year E-Passport Commences - NIS

The registration for the issuance of new 10-year e-passports to Nigerians has begun. This was made known by the Nigeria Immigration Service (NIS) through its public relations officer, James Sunday, on Monday when he took newsmen round the data capture center in Abuja.

Oil Price Appreciates as US Ends all Waivers on Iran Sanction

Emerging developments on Tuesday, 23 April 2019 has it that, the global oil market will continue to record an upward shift in the price of the product in the subsequent months of the year 2019. This was glaring on Tuesday, 23 April 2019 after Washington announced that all Iran sanction waivers would end up by the month of May 2019 hence, pressuring importers to stop buying from Tehran. 

Tin-Can Command of Nigerian Customs Generates N78.8bn In First Quarter Of 2019

According to the Tin-Can Island Port Command of the Nigeria Customs Service (NCS), it generated N78.8 Billion Naira in the first quarter of 2019, indicating upward generation from the N76.7 billion realized in the corresponding period of 2018. The Area Controller of the Service, Mohammed Musa, made this known on Sunday, 28th of April, 2019 during an interview with the News Agency of Nigeria(NAN) in Lagos. He added that the Command projected an income of N84 billion during the period under review but it generated about 94 per cent of its target.

IGR: Ondo State Records Highest Performance

Reports from the 2017/2018 Comparative Internally Generated Revenue (IGR) performance and percentage growth have revealed that Ondo State is the highest performing state in terms of IGR.

The organised labour on Thursday warned that under no circumstance would any state chapter of labour accept the renegotiation of the new national minimum wage from any governor when the deal has been signed and sealed.

BoA: FG Set To Finalise Recapitalisation

The Federal Government disclosed that it will be finalizing the recapitalization of the Bank of Agriculture (BoA) in 90 days. This will be done in partnership with the Bureau of Public Enterprise (BPE).

Saudi Arabia Hint On Refinery In Nigeria

Following a successful visit to the kingdom of Saudi Arabia with top executives of Saudi Aramco in Dhahran, Khalid Al Falih, Saudi's Minister of Energy Industry and Mineral Resources has hinted on the possibility of establishing a refinery in Nigeria. The disclosure was made during a meeting with Nigeria’s Minister of State for Petroleum Resources, Dr Ibe Kachikwu in Riyadh.

10m Nigerians To Benefit From FG's Intervention Scheme - Osinbajo

The Federal Government has revealed that it Social Intervention programme is just about to get to the next level. This is as Vice President Yemi Osinbajo revealed that about 10 million Nigerians are going to benefit from the Tradermoni and the N-power scheme of the government.