The Lagos State council of the National Union of Road Transport Workers, NURTW, under the leader ship of Alhaji Musiliu Akinsanya popularly known as MC Oluomo, has been dissolved. This was made known in a statement titled ‘Dissolution of Lagos State Administrative Council’. The statement which was jointly signed by the national president, Alhaji […]
Elon Musk, the billionaire founder of Tesla Inc., has been appointed as one of the board of directors of Twitter. The development is coming a day after Musk acquired a 9.2 percent stake in the company. Parag Agrawal, the chief executive officer of Twitter, disclosed this on his Twitter page on Tuesday. He said […]
Emirates Airlines has made an offer to partner with Nigeria in its quest to establish a national carrier. Special Assistant to Senator Hadi Sirika, Minister of Aviation, Mr. James Odaudu, stated in Abuja on Monday that the President of Emirates Airlines, Mr. Tim Clark, made the offer during a panel discussion at Dubai Expo […]
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMB) to stop including mutilated notes as part of their deposits with the apex bank. Ahmed Umar, director, currency operations department of CBN, in Abuja, said this in a circular issued over the weekend. According to the circular, the directive took effect from […]
A Competition and Consumer Protection (CCP) Tribunal sitting in Abuja has restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on April 1. The three-member tribunal, presided over by Thomas Okosun, gave the order following an ex-parte motion moved by Festus Onifade, a legal practitioner, on […]
Facts have emerged on how Nigeria paid $137 million in two years for gas and electricity that were never used in the “take or pay deal” the country entered into with some investors in the power sector. The whooping sum covers payments for 2018 and 2019 under the gas supply agreement deals reached with […]
The senate has asked Multichoice, owners of DStv and GOtv, to reduce the prices of its packages owing to the prevailing economic circumstances of the country. Last week, Multichoice increased its prices of its DStv and GOtv packages. The resolution of the upper legislative chamber followed by a motion sponsored by Abba Moro, senator […]
Corporation of Nigeria (AMCON) has recovered over N1 trillion from debtors, its Managing Director, Ahmed Kuru, has announced. He spoke during a visit by the Leadership of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) to him in Abuja. Kuru said the corporation has resolved over 5,000 business relationships. According to him, […]
Malam Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company Ltd. (NNPC), says no national oil company in the world is as transparent as NNPC. He said this in reaction to the summons by the House of Representatives Committee on Public Accounts. The committee had directed Heads of NNPC subsidiaries to appear […]
The Federal Ministry of Aviation has confirmed that the country’s proposed national carrier, Nigerian Air, has applied for a transport licence. A source who craved anonymity because he was not authorised to speak on the matter said there was a public notice to that effect as part of the process for getting an […]
