archiveApril 2024

  The Nigerian Extractive Industries Transparency Initiative (NEITI) has disclosed plans to inaugurate an Inter-Ministerial Task Team (IMTT) to increase integrity and transparency within regulatory agencies and operators in the extractive industries. The Executive Secretary of NEITI, Orji Ogbonnaya Orji, disclosed this on Wednesday while briefing the press on the...

  The Federal Government has revoked 924 dormant mining licences to sanitise the mining sector. Solid Minerals Development Minister Mr. Dele Alake announced the revocation while addressing reporters in his office on Wednseday in Abuja. The minister said exploration, mining, small-scale mining, and quarrying licences were involved in the mass...

The National Council on Privatisation, NCP, has announced that it was aiming to merge the Central Bank of Nigeria’s NIRSAL Microfinance Ltd with the Bank of Agriculture. The Council disclosed this in a statement on Wednesday, noting that it also plans to inject new capital into the institutions to rejuvenate...

  President Bola Tinubu recently approved the takeoff of the first phase of the Consumer Credit Scheme.   According to a statement on Wednesday, the Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly...

  .celebrates airline for the commencement of the Lagos-London route   Fidelity Bank Plc has commended Air Peace’s performance since it commenced flight operations about 10 years ago. Dr. Nneka Onyeali-Ikpe, the Managing Director, Fidelity Bank Plc gave the commendation over the weekend in Lagos during a special event organised...

  demands vital documents from 2015-2023   The ad-hoc committee of the Kaduna State House of Assembly, tasked with investigating the former governor, Nasir El-Rufai, regarding the state’s debt burden, has commenced its inquiry. The Assembly has formally requested the Ministry of Finance to provide documents on financial transactions spanning...

Multichoice Nigeria, a prominent Pay-TV operator, has once again announced a price increase for its DStv and GOtv packages, this time by at least 25%. This marks the third increment since last year, following the initial adjustment implemented on May 1, 2023. Multichoice stated that the latest increase will take...

  The Ministry of Aviation and Aerospace Development has ordered the Nigeria Civil Aviation Authority (NCAA) to suspend Dana Airlines operations until the financial and health audit of the airline is done. The order was sequel to the incident involving a Dana Air plane at Lagos airport yesterday which forced...

  By Collins Okeke, INTRODUCTION On March 17, 2023, a few months before leaving office, former President Muhammadu Buhari signed the Constitution Fifth Alteration Act No. 17 into law. The Act broadened the scope of legislative powers of states to participate in the electricity sector by including the generation, transmission,...

  Former Kogi State governor, Yahaya Adoza Bello was on Tuesday, April 23, 2024 served his charges through his counsel, Abdulwahab Muhammad (SAN) after Justice Emeka Nwite of the Federal High Court, Maitama, Abuja ruled that the defendant should be served through his counsel, especially as he failed to appear...