World Bank has approved $500m to help boost access to electricity in Nigeria and improve the performance of the electricity distribution companies in the country. In a statement issued on Friday titled, ‘Nigeria to Improve Electricity Access and Services to Citizens,’ the World Bank said financial support would be provided to private distribution companies only […]
Mike Ozekhome, a senior advocate of Nigeria (SAN), says the extension of the tenure of Mohammed Adamu as inspector general of police is “arbitrary, whimsical and unconscionable”. President Muhammadu Buhari, on Thursday, extended the tenure of the IGP by three months. Adamu, who was appointed in 2019, had clocked the mandatory 35 years in service […]
South Korean trade minister Yoo Myung-hee on Friday abandoned her bid to become head of the World Trade Organization, Seoul said, clearing the way for Nigeria’s Ngozi Okonjo-Iweala to become the global body’s first woman and first African director-general. Yoo had consulted with the United States — her prime backer — and other major countries […]
The total value of capital importation into Nigeria has recorded a huge decline from $23.9 billion recorded in 2019 to $9.68 billion in 2020, the lowest in three years. According to the data released by the National Bureau of Statistics (NBS) on Friday, this is a decline of 59.65 per cent between 2019 and 2020. […]
……..FAO Food Price Index up 4.3 percent to reach highest level since July 2014, while worldwide cereal stocks are set to drop sharply Global food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to the Food and Agriculture Organization of the United Nations (FAO). FAO’s Food […]
The Federal Government has placed a 72-hour suspension on outbound Emirates flights from Nigeria. This is contained in a circular issued on February 4 by the Nigerian Civil Aviation Authority (NCAA). The circular states that the suspension followed a violation of guidelines placed by the Presidential Task Force on COVID-19. According to the circular signed […]
Over the last year, COVID-19 has undone the economic, health and food security of millions, pushing as many as 150 million people into extreme poverty. While the health and economic impacts of the pandemic have been devastating, the rise in hunger has been one of its most tangible symptoms. Income losses have translated into less […]
The Indigenous People of Biafra has decried the blocking of the Facebook account of its leader, Nnamdi Kanu. In a statement by the group’s Media and Publicity Secretary, Emma Powerful, on Wednesday, the group described the action as despicable and petty. While accusing the Federal Government of having a hand in the conspiracy, IPOB described […]
The Federal Executive Council has approved a memo from the Ministry of Education for the establishment of 20 new private universities across the country. The 20 new private universities are to be given provisional licenses to run for three years while the ministry monitors and evaluates their growth. This brings the total number of private […]
By Foster Obi Nigerian Carrier, Dana Air has introduced 24 hours, 7 days Customer Service as part of its promise to offer improved customer relationships and guarantee customer satisfaction. According to a statement by Dana Air’s Media and Communications Manager, Kingsley Ezenwa, Dana Air will now be available on Email Contact@flydanaair.com, Phone: 01 2809888, and […]