The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. According to a statement issued on Wednesday, the figure was announced after the Federation Account Allocation Committee (FAAC) meeting for the month of December 2020 held at […]
Month: December 2020
FRSC makes NIN compulsory requirement for processing driver’s license
The Federal Road Safety Corps (FRSC) has mandated the use of the National Identification Number (NIN) for the processing of driver’s license. “FRSC Management has resolved that effective 21 December 2020, all applicants for the National Driver’s Licence in Nigeria must present the National Identification Number (NIN) from the NIMC before they can be captured […]
Two Indians kidnapped in Nigeria
The two Indians were kidnapped on Wednesday, the police said. The police in Oyo State, South-west Nigeria, on Sunday confirmed the kidnap of two foreigners in Ibadan, the state capital. PREMIUM TIMES gathered that the two foreigners, who are Indians, were kidnapped on Wednesday. The whereabouts of the victims are still unknown as of the […]
Migrants accuse Greece of sending them back out to sea
In the early hours of a Sunday in late November, 16-year-old Jeancy Kimbenga tried to reach Europe for a third time. He was on one of three dinghies that landed on the Greek island of Lesbos that day from Turkey. On that occasion, as with his two previous attempts, Jeancy claims he was forcibly returned […]
House of Reps inspects Lagos tank farms, orders them to operate by rules
By Tony Udemba Members of the House of Representatives’ adhoc committee on the Need to Relocate Tank Farms from Residential Areas, recently undertook a two-day tour of oil storage facilities located within Ibru Jetty, Beach land Estate and Apapa areas. The Committee which was thorough and diligent during the inspections, expressed dissatisfaction on varying levels […]
‘Why i cant serve under Gernot Rohr’
A former Super Eagles star, Emmanuel Amunike, says he cannot be an assistant coach under the Nigerian team head coach, Gernot Rohr. He said this while speaking on PUNCH Online interview programme, Kick&Follow, where football stars discuss topical issues in Nigerian football. Amuneke, however, said he was yet to be approached by anyone to become […]
Nigeria’s Recession may extend longer alerts World Bank
The World Bank (WB) has predicted three years of economic recession for Nigeria except economic reforms are sustained. “In the next three years, an average Nigerian could see a reversal of decades of economic growth and the country could enter its deepest recession since the 1980s,” the latest World Bank Nigeria Development Update (NDU) released […]
World Bank suspends $1.5b loan to Nigeria
Nigeria got a caveat on Thursday to get approval for a $1.5 billion loan he is seeking from the World Bank. The reforms around the naira must be strengthened by the Federal Government, the financial institution is insisting. According to a Reuters news agency report, World Bank Country Director in Nigeria Shubham Chaudhuri gave the […]
Emirates clinches three gongs at the World Travel Awards
Emirates has been named as the World’s leading Airline in three major categories at the World Travel Awards 2020: World’s Leading Economy Class, Airline Rewards Programme and Airline Lounge – Business Class. Earlier this month, Emirates also took home four regional World Travel Awards for the Middle East’s Leading Airline Brand; Middle East’s Leading Airline […]
Eliminating poverty, hunger high on global agenda as countries pledge funds to IFAD
At a time when hunger and poverty are increasing due to conflict, climate change and the COVID-19 pandemic, some of the world’s poorest countries are the first to pledge funds to the UN’s International Fund for Agricultural Development (IFAD) to support its work to ensure that the most vulnerable rural people can sustainably access nutritious […]