FG announces plans to offset N4trn debt owed GenCos –Ministry
April 15, 2025
FG acquires $500m World Bank loan to enhance power distribution The Bureau of Public Enterprises (BPE) says the federal government has secured a $500m World Bank loan to boost electricity distribution in the country. The Bureau of Public Enterprise (BPE) announced the World Bank loan in a statement[Read More…]
Tax reform committee proposes N800/$ as customs import duty rate The presidential committee on fiscal policy and tax reforms says it has asked the federal government to adopt an exchange rate of N800 per dollar for customs import duty. Taiwo Oyedele, chairman of the committee, spoke on Thursday while engaging[Read More…]
Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta Union Bank of Nigeria, as part of activities marking this year’s celebration of International Children’s Day and further to the financial institution’s support for the growth of the Nigerian child, recently hosted kids to a special[Read More…]
LASG partners with Dutch Firm to Construct High-Efficiency Waste-to-Energy Plant Lagos-state government has formalised a partnership with a Dutch firm, Harvest Waste Consortium, to construct a high-efficiency Waste-to-Energy plant on Epe landfill. Governor Babajide Sanwo-Olu said on Monday that the government would utilise the advanced[Read More…]
The National Judicial Council (NJC) has summoned the Chief Judge of the Federal High Court and the Chief Judge of Kano State High Court over the conflicting interim injunctions issued by judges of both courts concerning the Kano Emirate tussle. The summon was issued on Wednesday, May 29, by[Read More…]
Tinubu signs old national anthem bill into law President Bola Tinubu has given his approval to the National Anthem bill, paving the way for the reintroduction of the former national anthem, ‘Nigeria, We Hail Thee’, as the official national anthem. Senate President, Godswill Akpabio announced this on Wednesday,[Read More…]
Fidelity Bank gets Highest Corporate Governance Rating on Stock Market Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the[Read More…]
Onanuga’s statement on Tiunbu’s address ‘Not Authorised’, says Ngelale Special Adviser to President Bola Ahmed Tinubu on Media and Publicity, Ajuri Ngelale, has described as false the statement by Bayo Onanuga that Tinubu would be addressing a joint sitting of the National Assembly. Onanuga, the Special Adviser to[Read More…]
Rising Stars Shine at Ecobank’s National Schools Team Chess Championship …Unilag, Daysprings School, Marvelvine Montessori School Top List; Cart Away Millions in Prize Monies University of Lagos (UNILAG), DaySpring School, Lagos and Marvelvine Montessori School, also in Lagos, have emerged winners in the[Read More…]
BREAKING: Senate recalls Abdul Ningi from suspension The Senate has recalled senator Abdul Ahmed Ningi, who was suspended on March 12, 2024. Ninigi is the senator representing Bauchi central. The upper legislative chamber recalled Ningi following a motion sponsored by Abba Moro, minority leader;[Read More…]