Eberechi Constance, Author at Nigeria Business Now - Page 38 of 123

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Author: Eberechi Constance

Business

FG to sell 5 electricity distribution companies managed by Banks to Technical Power Operators

FG to sell 5 electricity distribution companies managed by Banks to Technical Power Operators The federal government says it would sell off five electricity distribution companies (DisCos) under the management of banks and Asset Management Corporation of Nigeria (AMCON) in the next three months to technical power operators.[Read More…]

April 22, 2024 by Eberechi Constance Comments are Disabled

Labour

UTME: Minimum age for Varsity admission still 18 – FG

UTME: Minimum age for Varsity admission still 18 – FG The minister of education, Tahir Mamman, has said the minimum age for admission into Nigerian higher institutions of learning is 18 years. Tahir Mamman disclosed this on Monday during a monitoring exercise of the ongoing 2024 Unified Tertiary[Read More…]

April 22, 2024 by Eberechi Constance Comments are Disabled

Politics

Yahaya Bello’s female ADC arrested over allegation of aiding his escape

Yahaya Bello’s female ADC arrested over allegation of aiding his escape The female Aide De Camp (ADC) of former Governor Yahaya Bello of Kogi State has been reportedly arrested by the police. The unnamed ADC, according to a report by the Daily Post, was picked up alongside other police officers[Read More…]

April 20, 2024 by Eberechi Constance Comments are Disabled

Politics

Nigeria: The Changing Governance Story

Nigeria: The Changing Governance Story With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made to accept the view that nothing good is happening in their country. Those who rely on the mainstream media and social media[Read More…]

April 20, 2024 by Eberechi Constance Comments are Disabled

Business

Nigeria’s low tax revenue to GDP is problematic, says IMF

Nigeria’s low tax revenue to GDP is problematic, says IMF The International Monetary Fund (IMF) says Nigeria’s low tax revenue-to-gross domestic product (GDP) ratio is “problematic”. Abebe Aemro Selassie, IMF’s director of the African department, spoke at a news conference on Friday, focusing on the firm’s regional economic[Read More…]

April 20, 2024 by Eberechi Constance Comments are Disabled

Labour

Tinubu appoints Olusegun Omosehin as NAICOM boss

Tinubu appoints Olusegun Omosehin as NAICOM boss President Bola Tinubu has appointed Olusegun Ayo Omosehin as the commissioner for insurance, National Insurance Commission (NAICOM). Tinubu appointed Omosehin to replace Olorundare Thomas. In a statement on Friday, Ajuri Ngelale, Special Adviser to the president, media and publicity, said Tinubu also[Read More…]

April 20, 2024 by Eberechi Constance Comments are Disabled

Business

Tinubu appoints Emomotimi Agama as New SEC DG, names board

Tinubu appoints Emomotimi Agama as New SEC DG, names board President Bola Tinubu has appointed Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC). Ajuri Ngelale, special adviser to the president on media and publicity, disclosed this in a statement on Friday. Agama will take[Read More…]

April 20, 2024 by Eberechi Constance Comments are Disabled

Business

NNPC, First E&P commence production at OML 85, target 20,000 bpd

NNPC, First E&P commence production at OML 85, target 20,000 bpd The Nigerian National Petroleum Company (NNPC) Limited and its joint venture partner in oil mining lease (OML) 85, First Exploration and Petroleum Development Company Limited (First E&P) have commenced oil production from the asset, also known as Madu field.[Read More…]

April 19, 2024 by Eberechi Constance Comments are Disabled

Business

Customs adjust FX rate for import duties to N1,147/$

Customs adjust FX rate for import duties to N1,147/$ The Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate for duties to N1,147.02 per dollar. This represents a 7.3 percent decrease compared to N1,238.1/$ displayed on April 18. TheCable reports that the rate adopted by customs[Read More…]

April 19, 2024 by Eberechi Constance Comments are Disabled

Politics

Acting PDP National Chairman, Umar Damagum, retains seat

Acting PDP National Chairman, Umar Damagum, retains seat The National Caucus of the Peoples Democratic Party (PDP) has extended the tenure of Umar Damagum as the acting National Chairperson of the party. The National Publicity Secretary of the PDP, Debo Ologunagba, disclosed this on Thursday while addressing journalists after the[Read More…]

April 18, 2024 by Eberechi Constance Comments are Disabled