archiveFebruary 2024

  The Federal Government has revealed its intent to audit the N23 trillion Ways and Means debt. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, announced this at the ongoing Public Wealth Management Conference organised by the Ministry of Finance Incorporated on Tuesday in Abuja. Edun...

By Amos Oladele BUA Foods Plc, a leading food business in the fast moving consumer goods, FMCG sector of the Nigerian economy has given a very detailed insight into how the high performing company is keeping very tenaciously to its brand promise of enhancing and advancing food security in Nigeria...

    Ardova Plc's (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024. Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) led by...

    nurse, two others for suspected currency racketeering Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission ( EFCC) have arrested two Chinese: Yang Chao, 39, and Xiao Jiang 38 for suspected illegal mining activities. They were arrested alongside  Chidi Joseph Osuji, 48, suspected to...

    The Lagos State Government has lifted the ban on activities of Road Transport Employers’ Association of Nigeria (RTEAN) in the state. The Special Adviser to the Governor on Transportation, Mr. Sola Giwa said this in a statement on Monday. Giwa said the suspension was in furtherance of the...

Abuja Electricity Distribution Company (AEDC ) on Monday said it will disconnect electricity in the Presidential Villa and 86 Federal Government’s Ministry Department and Agencies over N47,195 billion outstanding debts as of December 2023. AEDC made this known on Monday in a report made available to news men. Some of...

  as Okocha leads Ex-Super Eagles stars against NNPC selected side   The 13th NNPC Ltd. Sports Fiesta will kick-off tomorrow (Sunday, February 18th, 2024) at the Moshood Abiola National Stadium in Abuja as the Company strives to retain its legendary status of the team to beat in the Nigeria...

Nigerian governors under the Peoples’ Democratic Party (PDP) have called on the APC-led federal government to resign if it cannot alleviate the economic challenges facing Nigerians. The opposition governors had likened Nigeria's situation to Venezuela, a comparison dismissed as mischievous by the Information Minister, Mohammed Idris. Despite their criticism, PDP...

  The Olu of Owode in Obafemi/Owode Local Government Area of Ogun State, Oba Kolawole Sowemimo, has been suspended for two months without pay. According The Nation story, the viral video in early January showed the royal father decorating a popular fuji musician, Wasiu Ayinde, with new notes of N1,000...

The Lagos State Government has warned that it would start penalizing house owners found guilty of renting out their apartments at exorbitant fees. This is according a statement issued by the Lagos State Commissioner for Housing, Moruf Akinderu-Fatai, who stated that the government would wield a big stick on allottees...