archiveJune 2023

The National Economic Council (NEC) is considering crucial recommendations from the National Salaries Income and Wages Commission on a proposed cost of living allowance amounting to N702 billion for civil servants as part of its intervention plans to alleviate the impact of the discontinuation of petroleum subsidy. President Bola Tinubu...

Despite the rising cost of electricity in the country, the Nigerian Electricity Regulatory Commission (NERC) has reported that about 58 per cent of registered electricity consumers in the country are without meters. Without meters, consumers are billed under the estimated billing system by the electricity distribution companies, DisCos. NERC in...

    The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have unfettered and unrestricted access to funds in their accounts”. The directive is contained in a statement issued by the apex bank after a meeting with the bankers’ committee...

Rinnes Property and Investment Ltd, a leading real estate company specializing in land holding solutions, has come out with 15 per cent discount on three prestigious estate properties in Port Harcourt: Bethsaida Garden Estate, Heavens Dew Estate, and Anchor View Estate. Recognizing the importance of providing affordable and accessible land...

Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested two Qatar-based drug kingpins, Eyah Celestine Nnamdi, alias Murphy, and Peter Oluchukwu Ugwuoke, following the interception of their methamphetamine consignment at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. The agency said it arrested Ugwuoke on June 9 during...

Binance, the world’s largest cryptocurrency exchange, on Sunday, described ‘Binance Nigeria Limited’ as a ‘scammer entity’. Changpeng Zhao, founder and chief executive officer, disclosed this via his verified Twitter handle on Sunday. According to him, “Binance has issued cease and desist notice to the scammer entity “Binance Nigeria Limited”. Don’t...

calls for 15 percent equal representation redress of North East/ South East under-representation appointment of at least 3 Female Command CPs and one Zonal AIG The Police Sevice Commission (PSC) has approved new policy guidelines for deployment of Management and Tactical Commanders in the Nigeria Police Force and the imperativeness...

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  President Bola Ahmed Tinubu received Africa's richest man, Alhaji Aliko Dangote at the Presidential Villa, Abuja on Friday, June 16. Dangote joined the list of dignitaries that have visited President Tinubu since he was sworn-in on Monday, May 29. Tinubu, Dangote Aliko Dangote posed for a photograph with President...

  suspends assistant director in charge of IPPIS, others in OAGF for salary padding As part of the ongoing efforts at taking firm control of his Administration, President Bola Ahmed Tinubu has reportedly directed the Central Bank of Nigeria (CBN) to stop further payments to the Ministries, Departments, and Agencies,...