The Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria has commenced an indefinite strike, following the failure of the government to address the alleged killings of its members in parts of the country. The union is also stopping its members from moving cattle and foodstuffs to the southern part of the country. A number […]
Business
FG Expresses Readiness To End Fuel Explosions
The federal government has indicated its readiness to end incessant explosions associated with fuel, Liquefied Petroleum Gas (LPG) and other gaseous substances across the country with TK3D Technology. Director-general of National Oil Spill Detection and Response Agency (NOSDRA), Mr Idris Musa, stated this in Abuja yesterday at a virtual meeting on the demonstration of the […]
Agencies disobeyed Osinbajo on 24-hour port operations says NPA Boss
The Managing Director, Nigerian Ports Authority, Hadiza Bala Usman, said some Federal Government agencies operating at the ports disobeyed the directive and executive order signed by Vice-President Yemi Osinbajo on ensuring 24-hour port operations and synergy among such agencies. Usman said this during an interview on Channels Television’s ‘Sunrise Daily’ on Thursday, which was monitored […]
Customs Apapa Command intercepts container of tramadol, goods worth over N223 million
By Foster Obi The Apapa Area Command of the Nigeria Customs Service said through its manifest management system, it was able to track and intercept a container No. 1793504 manifested as ceramic tiles, adding, upon 100% physical examination to ascertain its true contents, it was found to contain 554 cartons of Tramadol capsules (120mg) concealed […]
Court Orders Forfeiture Of Ex-Imo Governor Okorocha’s Properties
The Imo State High Court in Owerri on Thursday ordered an interim forfeiture of all properties said to be illegally acquired by a former governor of the state, Rochas Okorocha, while he was in office from 2011 to 2019. Justice Fred Njemanze gave the order following an application brought by a Senior Advocate of Nigeria, […]
FRSC to impound rickety vehicles, arrest drivers
The Federal Road Safety Corps (FRSC) has directed its officers to impound rickety vehicles plying Nigerian roads. Boboye Oyeyemi, FRSC corps marshal, gave the directive in a statement issued by Bisi Kazeem, the corps public education officer, on Tuesday. The corps marshal said the clampdown is an integral part of efforts to further reduce road […]
MD NPA Visits Lagos Governor
By Foster Obi Managing Director of the Nigerian Ports Authority (NPA), HadizaBala Usman recently paid a courtesy visit to the Governor of Lagos State, Babajide Sanwo-Olu to solicit support for the take-off of the Eto electronic truck call up app for the management of trucks at the ports in Lagos. Pix shows HadizaBala Usman (4th […]
Crypto ban: It’s in the best interest of every Nigerian, says Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank’s directive to financial institutions on cryptocurrency transactions, is in the best interest of depositors and the country’s financial system. Emefiele said this on Tuesday, while briefing a joint senate committee on banking, insurance and other financial institutions; ICT and cybercrime; and […]
FAO pledges to scale up direct use of digital financial transfers
………Director-General says joining the Better Than Cash Alliance is part of stimulating more innovation and financial inclusion for smallholders In another step towards creating a “digital FAO”, the Food and Agriculture Organization of the United Nations is committing to increasing by 50 percent its delivery of digital financial transfers and vouchers to beneficiaries. As […]
‘Nigeria yet to disburse $5.8bn foreign loans’
Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said. The DMO on its portal on Sunday listed a number of foreign loans that were to be disbursed as of December 31, 2020. The disbursement of the loans will take the country’s total foreign […]