FAAN Headquarters Move To Lagos

The Federal Government has directed the relocation of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos.

FG Unveil Short-term Power Sector Focus

The Federal Government has promise to enhance electricity supply nationwide through it short-term focus in the power sector aimed to prioritize metering, distribution, and transmission infrastructure.

Shell To Exit Nigeria, Plan To Sell SPDC

Shell, one of the leading international oil companies in Nigeria is selling its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited, SPDC, to Renaissance, a consortium of five companies based in Nigeria, and an international energy group, for up to $2.4 billion.

National Shipping Line To Be Revitalized- FG

The Federal Government through the Ministry of Marine and Blue Economy is planning tore-establish the National Shipping Line through a strategic Public Private Partnership arrangement.

LABOUR Kicks As FG Mute On N35,000 Award Payment

The organised Labour and the Federal Government are on a collision course over the government’s nonpayment of N35, 000 wage awards to workers.

Lagos Gov’t Approves N73.1 Million For Tinubu’s Portrait, N3.75bn For Perfume, Rechargeable Fans

The Lagos State Government has approved N73.1 million for the production of the official portraits of President Bola Tinubu and the State Governor, Babajide Sanwo-Olu. The project which was executed by the office of the Chief of Staff was awarded to Flolizvi Connect.

CBN Plans To Freeze Bank Accounts Without BVN, NIN From March 2024

The Central Bank of Nigeria (CBN) has stated that bank accounts without Bank Verification Number (BVN) or National Identification Number (NIN) will be restricted from March 1, 2024.

NUPRC: President Tinubu Appoints 3 Executive Commissioners

President Bola Ahmed Tinubu has approved the appointment of 3 new executive commissioners for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), while one current executive commissioner has been redeployed. This was made known on Tuesday in a statement issued by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity.

Naira Now N1, 165/$ At Parallel Market

The Nigerian currency has continue to appreciate to N1,165 per dollar ($) in the parallel market from N1,167/$ on Wednesday.

Reps To AGF: Submit N100b COVID-19 Intervention Fund Report In 72-hour

The House of Representative has given 72 hour ultimatum to the Accountant-General of the Federation (AGF), Oluwatoyin Madein, to submit detailed report on the use of the N100 billion COVID-19 Intervention Funds released by former President Muhammadu Buhari’s administration to Ministries, Departments and Agencies (MDAs) between 2020 and 2022.