CBN speaks on Inflation Rate The Central Bank of Nigeria’s governor, Olayemi Cardoso, has assured that the Monetary Policy Committee will take all necessary measures to combat and control the country’s ongoing inflationary pressures. The CBN’s hawkish stance on inflation had become obvious from the first MPC[Read More…]
Dangote ranks 6th richest in global manufacturing Aliko Dangote has been ranked as the world’s sixth richest person in the manufacturing industry. Dangote whose net worth is put at $14.3 billion is the founder of Dangote Cement, the leading cement producer in Africa, in which owns about 85[Read More…]
Tinubu orders suspension of Cybersecurity levy President Bola Tinubu has told the Central Bank of Nigeria (CBN) to suspend the implementation of the cybersecurity levy policy. This comes after the policy was greeted with widespread condemnation. According to the Act, a levy amounting to 0.5 per cent of[Read More…]
NCAA Audit: Dana Air Lays Off Workers Temporarily Dana Air has announced that it is temporarily laying off some of its workers amid an ongoing operational audit by the Nigerian Civil Aviation Authority (NCAA). The airline has stated that the decision was made to ensure efficient management of resources[Read More…]
Court Stops Pro-Wike Lawmakers From Parading Selves As Rivers Assembly Members A Rivers State High Court sitting in Port Harcourt has issued an interim injunction restraining the embattled Speaker of the Rivers State House of Assembly, Rt. Hon. Martins Amaewhule, and 24 others from parading themselves as members[Read More…]
Isa Dogonyaro, house of Reps Member is dead Isa Dogonyaro, a member of the House of Representatives, representing Babura/Garki Federal Constituency of Jigawa State, has passed away at the age of 46. He died on May 10, 2024, in Abuja, after a brief illness. Akin Rotimi, spokesperson of[Read More…]
Yahaya Bello’s lawyer begs court for more time, citing unknown whereabouts The mystery surrounding the whereabouts of former Kogi State Governor, Yahaya Bello, has taken a new turn as his lead counsel, Abdulwahab Mohammed, has asked a Federal High Court in Abuja for a four-week extension to search for[Read More…]
NNPCL to Pump More Funds into Oil, Gas Infrastructure The Nigerian National Petroleum Company Limited says it will continue to invest in the development of huge oil and gas infrastructure to make it easy for operators and prospective investors to carry out their businesses in Nigeria. According[Read More…]
Access Pensions Records 70% Revenue Increase Access Pensions has announced a 70 per cent appreciation in revenue to N12.3bn in 2023. This was disclosed in the company’s audited annual results of which was recently released. The firm’s profit after tax rose by about 70 per cent[Read More…]
Senate Approves Death Penalty For Drug Traffickers The Nigerian Senate has passed the National Drug Law Enforcement Agency Act (Amendment Bill) 2024, which approves death penalty for drug traffickers. The Bill was passed into law on Thursday when the Senate transformed into Committee of the Whole, to carefully[Read More…]
