Workers under the aegis of the Association of Nigerian Aviation Professionals, (ANAP), and the National Air Transport Employees of Nigeria, (NUATE), have protested against the planned concession of four International Airports in the Country. The workers, who held the protest at the Ilorin International Airport in Kwara State on Monday, lamented that previous concessions by […]
Month: August 2020
AfDB Re-election: Adesina To Be Sworn-In On Tuesday
Re-elected President of the African Development Bank, Dr Akinwumi Adesina, will be sworn-in on Tuesday, September 1, to serve a five-year term. The ceremony, according to the AfDB in a statement on Monday, will be held virtually at 9am. Dr Adesina, Nigeria’s former Minister of Agriculture and Rural Development, was re-elected last week after getting […]
NECO fixes registration deadline for Sept. 10
The National Examination Council (NECO) on Monday fixed Sept. 10 as deadline for the registration of schools and examination candidates for the 2020 Senior School Certificate Examination A statement by the Registrar/Chief Executive of the council, Prof. Godswill Obioma in Abuja said the examination body would not be subject to extension of the deadline as […]
FG, UNICEF develop safe schools re-opening template
The Federal Ministry of Education in conjunction with the United Nations Children’s Fund (UNICEF) Committee on Safe School Re-opening, on Monday, began a process for the development of school reopening readiness template. Mrs Azuka Menkiti, Education Specialist, UNICEF, made this known in Kaduna, at the opening of a three-day technical Meeting of the Committee on […]
Nigeria sets capital rules for mobile money licences
Nigeria’s central bank said it will grant more licences for payment service banks but set a minimum capital base of $13 million, which could deter telecoms firms and some other potential new entrants to the digital financial services sector. The central bank in a circular seen by Reuters on Monday said that telecom firms, banking […]
Nigeria pays $14 million for fuel in June despite subsidy removal – NNPC
Nigeria’s National Petroleum Corporation (NNPC) recorded a 5.34 billion naira ($14 million) cost for fuel in June, months after it changed its pricing method in an effort to eliminate subsidies. NNPC outlined the “under recovery” bill in its June monthly statement, a term used to reference money lost through fuel sales. NNPC spokesman Kennie Obateru […]
China to build $50M Daura transport varsity for free ― Amaechi
Minister of Transportation, Rotimi Amaechi, has disclosed that the US$50million University of Transportation, Daura, scheduled to take off September next year will be built free of charge by the Chinese government. The Minister who stated this at the weekend in Daura, Katsina State, during his maiden inspection tour of the ongoing project, also informed that […]
Southwest states reject plans by FG to tinker with Amotekun
The Southwest states of Ekiti, Lagos, Ogun, Ondo, Osun and Oyo are insisting on the current independent structure of the region’s security network codenamed Amotekun, following moves by the federal government to delegate the control of the operations of the outfit to the Inspector General of Police. Presidential spokesman, Garba Shehu, said on television last […]
UN agency urges help for Banksy-sponsored migrant ship
The U.N. refugee agency urged European nations on Saturday to let in hundreds of migrants rescued from the Mediterranean Sea by humanitarian boats — including one sponsored by street artist Banksy. The UNHCR and the International Organization of Migration said more than 200 rescued refugees and migrants needed to immediately get off the nonprofit search-and-rescue […]
Nigeria capital imports sink 79% in second quarter as economy shrinks
Nigeria’s capital imports plunged 78.6% in the second quarter year-on-year to $1.295 billion, the statistics office said, as lower oil prices push Africa’s largest economy towards recession. Nigeria, Africa’s top oil exporter, has suffered its worst crisis in decades as low oil prices triggered by the coronavirus pandemic caused the economy to shrink in the […]