The Federal Controller of Works in Lagos, Mr Olukayode Popoola, says the ongoing emergency rehabilitation of the Eko Bridge linking Alaka is almost completed and will be ready for use in October. Popoola told the News Agency of Nigeria (NAN) while inspecting the bridge in Lagos on Wednesday that the new bearings had arrived from […]
The Nigerian Stock Exchange (NSE) market capitalisation crossed N14 trillion mark on the last trading day of September due to sustained confidence. Speficially, the market capitalisation on Wednesday rose by N118 billion or 0.84 per cent to close at N14.025 trillion against N13.907 trillion achieved on Tuesday. The increase in the market capitalisation was as […]
The Federal Executive Council meeting ended on Wednesday with a budget estimate of N13.08trn projected for the 2021 fiscal year. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to journalists at the Presidential Villa. The breakdown of the proposed budget is N13.08 trillion total aggregate; expenditure (29% Capex), with a deficit […]
Nigeria has developed a Covid-19 test kit that can give results in less than 40 minutes and does not need extensive training to use. Health Minister Olurunimbe Mamora said it was much faster and 10 times cheaper than the PCR testing method currently being used. The kit is yet to be approved by regulatory bodies […]
Nigeria has lifted the ban it placed on the world’s biggest long-haul carrier operating flights into the country. Emirates were banned from operating in the country after the United Arab Emirates stopped issuing visas to Nigerians. But the Nigerian Minister of Aviation Hadi Sirika tweeted that the UAE has written to say they will now […]
By Foster Obi A laden container truck is posing heavy danger at the moment at the Liverpool Bridge, Apapa and may take lives if nothing is done immediately by the authorities. The truck has also blocked the bridge, creating serious traffic gridlock, harrowing experience for port users, and obstructing activities at the Port. Most port […]
Over 12,000 donations have poured in from over 140 countries enabling Emirates airline to uplift more humanitarian cargo into Lebanon. More than a month after the Beirut blasts left behind devastated communities, Emirates continues to do its part to help turn its customers’ collective generosity from all corners of the globe into essential humanitarian cargo […]
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has exposed N2.67bn school feeding programme fund paid into private accounts. “We discovered payment of N2.67bn during lockdown when the children were not in school, and some money ended up in personal accounts,” a tweet from the ICPC’s handle quoted the Chairman of the Commission, […]
Civil Society Organisations has asked the CBN to ensure level playing ground for oil marketers in accessing foreign exchange for importation of petroleum products A consortium of Civil Society Organisations (CSOs) has asked the Central Bank of Nigeria ( CBN) to ensure Level playing ground for all oil marketers in accessing Foreign Exchange (FOREX) for […]
The Speaker of the House of Representatives, Mr Femi Gbajabiamila has met with the Nigeria Labour Congress (NLC). The meeting which held at the National Assembly Complex in Abuja is an attempt to mediate and broker an amicable solution to the impasse between Organised Labour and the Federal Government over the increase in electricity tariff […]