Bayelsa, Kogi and Delta States top the list of debtor states who owe workers salaries. NULGE National President, Ibrahim Khaleel, stated this in a statement, in Abuja, yesterday. He said that 23 states of the Federation currently owe local government workers’ arrears of salary ranging from one to 16 months. According to Kaheel, Bayelsa State […]
Business
Bindow constructs 126 roads, 5 bridges with N16b
Gov. Muhammadu Bindow of Adamawa said his administration has executed 126 roads and five bridges at the cost of N16 billion. Bindow made this known on Sunday while addressing a cross section of groups who paid him Sallah homage at the Government House, Yola. He said that the roads, totalling 216 kilometres, would have cost […]
Sallah: CBN boosts supply with $240m
In the last trading day of the week and ahead of June 26 and 27 holiday declared by the Federal Government to commemorate the Eid-el-Fitr, the Central Bank of Nigeria (CBN) on Friday, June 23, allocated the total sum of $240 million to the Retail Secondary Market Intervention Sales (SMIS) for spot and forward deals. […]
N2bn probe: EFCC storms Abuja estate
By Mayowa Okekale, As part of its ongoing investigations bordering on inappropriate land deals running into billions of Naira, operatives of the Economic Financial Crimes Commission (EFCC) have stormed an Abuja Estate, Winning Clause Limited (WCL). Some operatives of the anti-graft agency who were on a “search-visit” mission on Friday morning, inspected the vicinity of […]
NCS destroys 4,118 cartons of frozen poultry
No fewer than 4,118 cartons of frozen poultry products have been destroyed the Nigeria Customs Service (NCS) Federal Operations Unit Zone C, Owerri, Imo State. The products according to the NCS has a duty paid value (DPV) of N83.3 million. The Customs Area Controller (CAC), NCS, FOU, Zone C, Owerri, Comptroller Bukar Amajam who disclosed […]
US bans fresh Brazil beef imports
The U.S. Department of Agriculture (USDA) halted imports of fresh beef from Brazil on Thursday over recurring safety concerns about the products. Since March, USDA officials increased testing to cover “100% of all meat products” coming from Brazil, and turned away 11% of the country’s fresh beef products, the USDA said in a statement. In […]
Bayelsa seals NDDC office over non tax-remittance
The Bayelsa Board of Internal Revenue (BIR), on Friday sealed off the Bayelsa office of Niger Delta Development Commission (NDDC), over alleged non-remittance of N336million Pay As You Earn (PAYE) tax liability. The BIR enforcement team served a court order on the staff before they ordered them to leave their offices. The Director of Compliance, […]
Delta enters $20m oil palm production deal
The Delta Government has signed a $20 million Memorandum of Understanding (MoU) with Norsworthy Investment, a private firm, for the cultivation of 3,000 acres of oil palm and processing plant project. The project which would be sited at Akwukwu-Igbo in Oshimili North Local Government Area of the state, was signed in Asaba on Thursday by […]
We have cleared half of $1.2bn loan- Etisalat
Embattled telecommunications service provider, Etisalat has refuted some of the claims in the media concerning the $1.2 billion loan it collected from a consortium of 13 banks. The telco said that contrary to reports, it has cleared almost half of the $1.2 billion loan. A statement from the company signed by the Vice President, Regulatory […]
Clooney sells Tequila to Diageo for $1 Billion
Diageo Plc agreed to acquire fast-growing tequila brand Casamigos, co-founded four years ago by Clooney, for as much as $1 billion. The deal expands the London-based distiller’s lineup in a fast-growing category, where it already owns the Don Julio, DeLeon and Peligroso brands. The purchase will be Diageo’s biggest since its $3.2 billion acquisition of […]