The senate has advised the federal government to divest its 40% stake in electricity distribution companies (DisCos) to foreign investors. Senate President Ahmed Lawan gave this advice in Abuja when he received the management team of the Transmission Company of Nigeria (TCN) led by Usman Mohammed, its managing director. In a statement by the TCN, […]
Month: August 2019
Nigerian govt blames labour for delay in implementing minimum wage
The Nigerian government has attributed the delay in the implementation of the “Consequential Adjustment” of the N30, 000 new minimum wages to the unrealistic demands of labour unions. The Chairman, National Salaries, Income and Wages Commission (NSIWC), Richard Egbule, made this known in an interview with the News Agency of Nigeria (NAN) in Abuja on […]
CAC registers 220,773 MSMEs in 10 months
The Corporate Affairs Commission on Monday announced that it registered 220,773 Micro, Small and Medium Enterprises in the last 10 months. The CAC said in a statement issued by the commission’s Head of Public Affairs, Moses Adaguusu, in Abuja. It said that the MSMEs were registered between October 2018 and July 31, adding that it […]
Presidential task force on Apapa traffic meets residents Tuesday
The Presidential Task Team on Restoration of Law and Order in Apapa will meet with residents of the area on Tuesday. In a tweet shared on the verified Twitter handle of the Presidency, the task force said the meeting was meant to intimate residents with efforts to resolve the traffic situation in the area. The […]
Nigerian, South African Presidents to Meet in October for Talks
Nigerian President Muhammadu Buhari will meet with South Africa’s Cyril Ramaphosa in October for talks on trade and the security of citizens, Nigeria’s presidency said. Buhari accepted an invitation to visit the South African leader to discuss “recurrent issues concerning well-being of the Nigerian community in South Africa, and the need to promote trade and […]
Igbo groups to hold security summit in Owerri, US
A coalition of Igbo and pro-Biafra groups, have concluded plans to organize the first global Igbo national summit on peace, security and development of Igboland and its neighbours. The summit slated to hold in Owerri, Imo State on August 22 and Houston, United States of America from August 31 to September 2, would be a […]
CAC extends 50% reduction in cost of registration fee for business names
The Corporate Affairs Commission, (CAC), has extended by three days, the 50% reduction in the registration fee for Business Names window, with effect from 13th August, 2019. It will now end on Friday, 16th August, 2019. In a statement made available to Vanguard, the three days extension is to enable Micro, Small and Medium Enterprises […]
Tekno ‘a threat to security over nudity video’
The arts authorities in Nigeria say that the musician Tekno is a “threat to national security” for releasing an “offensive” music video. The star is under investigation after commuters in Lagos filmed him dancing with semi-naked women in a glass-sided truck in a traffic jam. He was taken in for questioning over allegations that it […]
Rehabilitation in PH refinery still ongoing —NNPC
The Nigerian National Petroleum Corporation has said that the rehabilitation of the two Port Harcourt Refineries was still ongoing. Mr Ndu Ughamadu, the Group General Manager, Group Public Affair Division disclosed this to News Agency of Nigeria, in Abuja, on Monday. The first refinery in Port Harcourt was commissioned in 1965 to process 60,000 barrels […]
Again, gunmen invade female hostel in UI
Armed men broke into Abubakar Abdulsalam post-graduate hall of residence at the University of Ibadan in the early hours of Sunday. A witness said that the incident occurred around 2am, disclosing that laptops, jewellery and other valuables were carted away by the attackers. The witness said two male students who were not aware that the […]