For over three hours, fire disrupted banking services at the head office of Ecobank Nigeria Ltd. on Ahmadu Bello Way, Lagos, on Tuesday. The News Agency of Nigeria (NAN) correspondents who visited the scene of the fire incident reported that the fire started at 8.30am. A witness, Mr Malachy Okoli told NAN, that the fire […]
General
Nigeria recalls 2.4 million bottles of codeine cough syrup
Nigeria has recalled 2.4 million bottles of cough syrup containing codeine after national outrage earlier this year over endemic use of opioids. Nigeria imposed a ban on the production and import of codeine cough syrup earlier this year, though it did not affect products already available in the country. “This is one of the measures […]
NBS: National Disposable Income Declined by 1.52% in 2017
The National Disposable Income ( NDI) in Nigeria declined by 1.52 per cent in 2017, largely due to the continuous decline in the operating surplus which recorded a negative annual growth rate of –2.11, the National Bureau of Statistics (NBS) has reported in the just-released ‘Nigerian Gross Domestic Product Report (Expenditure and Income Approach)-Thisday writes. […]
Nigeria’s Pension Fund soars to N8.14 trillion
The National Pension Commission (PenCom) said that the total pension fund assets stood at N8.14 trillion as at May, 2018. PenCom in a statement signed by its spokesman, Mr Peter Aghahowa, on Sunday said the assets rose from N7.52 trillion in December 2017, to N8.14 trillion in May 2018. The commission said,”the pension assets as […]
Nigeria to send air force and 1,000 security personnel to tackle banditry
Nigeria will deploy its air force and 1,000 security personnel to fight banditry in the northwest of the country, President Muhammadu Buhari said on Sunday. The move underscores how security has broken down across much of Nigeria, where an ineffective police force has exacerbated already-weak enforcement, particularly outside urban areas. The military is now deployed […]
Nigerians in S’Africa Commend FG’s Approval of 10-year Passport Validity
Nigerians in South Africa have commended the federal government for approving the 10-year validity period for Nigerian passport and called for the speedy implementation of the policy, Thisday reports. The President of the Nigerian Union in South Africa (NUSA), Adetola Olubajo, who spoke during a courtesy visit to the Special Senior Assistant to the President […]
Buhari leaves for Lome tomorrow
President Muhammadu Buhari will on Sunday depart Abuja for Lome, Republic of Togo, to participate in two high-level meetings. A statement by the President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Saturday, said President Buhari would on arrival have an interactive session at the Nigerian embassy with the Nigerian […]
Spain rescues nearly 1,000 migrants from the sea in 2 days
Spain’s maritime rescue service says it has saved nearly 1,000 migrants attempting the perilous crossing of the Mediterranean to Europe from North Africa over the last two days. The service says it pulled 206 people from 10 different boats Saturday morning, after rescuing 774 migrants traveling in 52 boats on Friday. As a crackdown by […]
Nigeria: 13 per cent derivation for oil states for review- Buhari
President Muhammadu Buhari Friday in Abuja said his administration will look into the constitutional 13 per cent derivation benefit to the Niger Delta region to ensure even spread of developmental projects that meet the needs of the people. Receiving Isoko Traditional Rulers and personalities led by His Majesty Ovrawah, Omogha 1, Odiologbo of Oleh, at […]
Hundreds of migrants storm border of Spanish enclave
Around 800 migrants stormed border fences separating Spain’s North African enclave of Ceuta from Morocco to get into Europe, police said Thursday. The Guardia Civil said 602 migrants made it onto Spanish soil in a massive assault on high, barbed-wire fences shortly after dawn. Migrants cut holes in the fences and threw feces and quicklime, […]