BREAKING: UGWUANYI signs 2021 budget of N169.85 billion into law
…Promises Appropriation Law will benefit Enugu State people Governor Ifeanyi Ugwuanyi of Enugu State, on Wednesday, assented to the 2021 budget bill, passed by the State House of Assembly. Assenting…
Default on loans with collateral worsened in Q4 – CBN
The default on loans with collateral worsened in the fourth quarter of 2020, according to the Central Bank of Nigeria. The statistics department of the CBN disclosed this in its…
Transporting containers in Lagos equals shipping cost from China – Report
The congestion at the Apapa port in Lagos has become so bad that trucking a container from the port to the mainland which is just about 20km, now costs about…
Nigeria, a failed state under Buhari – CNG
THE Coalition of Northern Groups has warned that Nigeria is drifting into a failed state under the regime of the President, Major General Muhammadu Buhari (retd). The CNG’s Spokesman, Abdul-Azeez…
Airlines will pay $3,500/passenger for COVID-19 guidelines’ violators
The Nigerian Civil Aviation Authority has vowed to fine airlines $3,500 for each passenger that refuses to adhere to the new travel protocols announced by the Presidential Task Force on…
14 insurers to pay N9.7bn #EndSARS riot claims
A total of 1,036 individuals and corporates that recorded losses during the recent #EndSARS protests across the country have lodged claims through 14 insurance companies; 667 of the claimants are…
Economic crisis: Naira to fall further in January, says CBN report
Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira…
Discos assure consumers of stable power supply
Two of the nation’s power distribution companies, Ibadan Electricity Distribution Company and Eko Electricity Distribution Company, have assured customers of stable supply during this festive season. The Discos gave the…
CBN revokes licences of seven payment services providers
The Central Bank of Nigeria has revoked the operating licences of seven payment services providers. The CBN disclosed this on Thursday on a report titled ‘Revocation of operating licences of…
Telcos begin backend integration into NIMC database
THE MOBILE NETWORK OPERATORS IN NIGERIA HAVE STARTED THE PROCESS OF BACKEND INTEGRATION WITH NIMC’S DATABASE TO FACILITATE THE VALIDATION AND VERIFICATION OF DIGITAL IDENTITIES AS WELL AS THE ENROLMENT…















