archiveJuly 2018

  Mobil Producing Nigeria, a subsidiary of ExxonMobil, has faulted the picketing of its offices by ex-spy policemen, who provided security for the company. The company, in a statement by its Manager, Media Communications, Oge Udeaga, said it had fully paid its entire disengaged staff, including the spy policemen. The...

Vice President Yemi Osinbajo, SAN, has expressed the condolences of the Federal Government to the people affected by the tragic flooding in Katsina State on Monday, stating that the Buhari administration will ensure that it provides relief materials and support for those affected. Prof. Osinbajo stated this on Tuesday night...

  The Nigeria Governors’ Forum (NGF) on Wednesday night met in Abuja to discuss matters arising from the Federation Account Allocation Committee (FAAC) deadlock, minimum wage, among other issues. The News Agency of Nigeria (NAN) recalls that the June monthly meeting of FAAC in Abuja ended in a deadlock. The...

  The Administrative Panel of Enquiry, which probed the N6.2 billion scam at the Nigeria Social Insurance Trust Fund (NSITF) on Wednesday submitted its report to the Minister of Labour and Employment, Dr. Chris Ngige. Ishaya Awotu, the chairman of the panel, said that there were irregular allowances totalling N5.7...

The Central Bank of Nigeria (CBN) said it had ordered banks to refund N65 billion to Nigerians being  wrongful deductions and charges from customers’ deposits and other transactions in the last six years. Acting Director, Corporate Communications, CBN, Isaac Okorafor, confirmed this on Wednesday at a fair with the theme:...

The University of Lagos ( UNILAG ) will hold its post-UTME screening August 6-10, 2018. A statement by the management of the school on Wednesday directed eligible candidates to register online for the screening once the registration portal opens July 23, 2018. The statement reads: “The University of Lagos online...

    The Central Bank of Nigeria (CBN) on Wednesday injected the sum of $210 million into the inter-bank foreign exchange (forex) market. The bank offered $100 million to authorised dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment got the sum of...

Former President, Olusegun Obasanjo on Wednesday said President Muhammadu Buhari was confused and incompetent to deal with national issues. He said this during a summit organized by the Northern Elders Forum (NEF) in Abuja where he was represented by a former National Secretary of the Peoples Democratic Party (PDP), Prince...

  The House of Representatives on Wednesday asked the Nigeria Agip Oil Company (NAOC) to suspend all subsisting pipeline surveillance contracts in Bayelsa state. This followed a motion moved by a member, representing Sagbama/Ekeremor Federal Constituency,‎ Hon. Frederick  Agbedi. Agbedi in the motion said Bayelsa State plays host to Agip...

  The Federal Government said it made N343.05 million from sales of savings bond in July. The results of the sales published on the website of the Debt Management Office (DMO) on Wednesday in Abuja, showed that N79.98 million was allotted for July 2020 at 10.48 per cent. It also...