Group demands release of NDDC forensic audit report

Social Action has called on the Federal Government to release the long-awaited audit report of the Niger Delta Development Commission. The civil advocacy group said in a statement that the…

Oil block row: NNPC warns Shell against another lawsuit

The Nigerian National Petroleum Corporation, on Friday, cautioned against any further legal challenge by Shell Petroleum Development Company over Oil Mining Lease 11, saying it is about time Nigeria derived…

CBN threatens to arrest, prosecute abusers of naira

The Central Bank of Nigeria (CBN) has said it is collaborating with the Nigeria Police and other law enforcement agencies to arrest and prosecute anyone found abusing the Naira.  …

Buhari signing of PIB: Petrol may sell for N300, FG to decide on subsidy, others today

The Federal Government may soon end the fuel subsidy regime with the signing of the Petroleum Industry Bill by the President, Major General Muhammadu Buhari (retd.), on Monday. UGAMATV gathered…

FG to grant agric investors plant variety protection rights

The Federal Government has announced its readiness to receive and process applications for the granting of plant variety protection rights to agric investors. The Minister of Agriculture and Rural Development,…

FG reintroduces toll plazas, Nigerians to pay N500, N200 per trip

The Federal Executive Council has approved the reintroduction of toll collections on some selected dual carriageways across the country. This is as it exempted diplomatic, military, para-military vehicles, tricycles, motorcycles…

Nigeria’s major airports not designed for international operations –FG

The four major airports in Nigeria located in Lagos, Abuja, Port Harcourt and Kano were not designed as international facilities, the Federal Government said on Tuesday. Minister of Aviation, Hadi…

Nigeria, Vietnam to benefit from agricultural, tech collaborations – Osinbajo

ice President, Yemi Osinbajo, says Nigeria and Vietnam will benefit from the opportunities existing in agriculture and technology with effective collaboration in these sectors. Osinbajo’s spokesman, Laolu Akande, in a…

World Bank lists Nigeria, nine others high-debt risk nations

The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the financial statement for International Development…

Dangote ranked 117th in latest global billionaires index

The President of Dangote Group, Aliko Dangote, has been ranked 117th in the latest Bloomberg Billionaires Index. The index is a daily ranking of the world’s richest people. Details about…