archiveJuly 2019

  The Nigerian National Petroleum Corporation (NNPC) has said it was running at a loss insisting the pump price rate of N145 per litre for Premium Motor Spirit (PMS) was the bane on its revenue drive. The new Group Managing Director of the NNPC, Mele Kyari, made the disclosure on...

Super Eagles of Nigeria booked a place in the semi final of the 2019 Africa Cup of Nations on Wednesday night with a 2-1 defeat of Bafana Bafana of South Africa’s at the Cairo International Stadium. Villarreal forward, Samuel Chukwueze scored Nigeria’s opening goal in the 27th minute after collecting...

  Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja, met with a delegation of  the London Stock Exchange Africa Advisory Group, led by its Chairman, Suneel Bakhshi. Bakhshi, who spoke with State House correspondents after the meeting, said that the group had a mission on behalf of...

  The Central Bank of Nigeria (CBN) said lenders will no longer receive interest payments on deposits exceeding N2 billion ($5.5 million). The CBN said in statement posted on its website on Wednesday: “Any deposit by a bank in excess of 2 billion naira shall not be remunerated.” The statement...

  The Senate on Wednesday urged revenue collecting agencies to ensure timely transfer of funds collected into the Federation Account. President of the Senate, Dr Ahmad Lawan, made the call in Abuja at a meeting with some of the revenue collecting agencies. Lawan also called for timely disbursement of funds...

    National Judicial Council (NJC) has asked President Muhammadu Buhari to appoint Acting Chief Justice of Nigeria, Justice Ibrahim Tanko Muhammad as the substantive Chief Justice of Nigeria (CJN). The NJC made the call at an emergency meeting on Friday in Abuja. The Council also recommended to Buhari names...

*Yobe is 32nd State *2.4m bowls & spoons distributed in 6 states   The Buhari administration’s National Home-Grown School Feeding Programme (NHGSFP) now feeds over 9.8 million pupils daily in 32 states as Yobe State joins the programme. According to a press statement from the Office of the Vice President,...

      Says corruption knows no political party   Oyo State Governor, Engineer Seyi Makinde on Wednesday forwarded the Oyo State Anti-Corruption bill, 2019 to the State House of Assembly for legislative action, declaring that his decision to set up an anti-graft body is in fulfillment of his campaign...

The presidential candidate of the Peoples Democratic Party (PDP), Mr Atiku Abubakar, has decried the “unsustainable debt” Nigeria has acquired under the President Muhammadu Buhari-led administration. In a statement by his Media Adviser, Paul Ibe, on Wednesday, Abubakar called for urgent redress of the debt situation before it totally submerges...

As 187 new officers were commissioned into the Nigerian Air Force on Wednesday, Vice President, Professor Yemi Osinbajo has told military officers and men that, beyond taking pride in their uniform and weapons, they must defend Nigeria with their lives. He said, the military career which is to defend the...