Nigeria Customs Service (NCS) has decided to adopt electronic platform to conduct the auction of seized goods to ensure transparency. Mr Joseph Attah, NCS spokesman, told the News Agency of Nigeria (NAN) on Friday in Abuja that the platform was presently undergoing user acceptability test. “What that means is that in the very near future […]
The Federal Ministry of Finance has given reasons for the suspension of disbursement of cash under the YouWin 3 programme. The ministry in a statement issued on Friday in Abuja by its Director (Information), Salisu Na’Inna Dambatta pointed out irregularities observed in the selection process of beneficiaries as revealed by a whistleblower. It recalled that […]
The JSE’s banks had R86bn of their market capitalisation wiped out on Friday morning as the market reacted to President Jacob Zuma’s firing of Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas. Worst hit was FirstRand, whose share price crashed 12% to R43.25 from Thursday’s close of R49.12, equating to a R33bn drop in […]
The National Space Agency (NASRDA) says its collaboration with five countries has resulted in the successful completion of a global project for the design and manufacture of five identical Nano-Satellites. Dr Felix Ale, Head, Media and Corporate Communication, NASRDA made this known in a statement in Abuja on Friday. Nano-Satellites or Nano-sats are miniaturised satellites of […]
Banks and JAMB are trading blames over the inability of many candidates to register for the 2017/2018 Unified Tertiary Matriculation Examinations (UTME). Although candidates across the country were experiencing difficulties in the registration process, but those in Benue were the worst hit. While JAMB has accused the banks of causing the delays, the banks argue […]
The Petroleum Tankers Drivers (PTD) arm of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says it will commence a nationwide strike on Monday. NUPENG’s President, Mr Igwe Achese, announced this in a signed communique on Friday in Lagos, at the end of its Central Working Committee (CWC) meeting held at the union’s […]
The London Stock Exchange Group (LSEG) on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa. The report published on the LSEG website-www.lseg.com in London and accessed by the News Agency of Nigeria (NAN) in Abuja, identified 343 companies in 42 African countries. It described the Nigerian […]