Aviation operators fear travel ban as FG mulls lockdown

Aviation experts have warned against another lockdown, following the directives made by countries of the world announcing new international travel restrictions. With 26,106,365 active cases, 103,214,008 new infections and 2,231,158…

FG restructures commodities exchange, halts privatisation plans

The Federal Government is repositioning the Nigerian Commodities Exchange into a commercially viable platform for delivering efficient pricing of Nigeria’s agric produce, among others. The government has also stopped the…

Nigerians consumed N1.9tn petrol in 13 months, says NNPC

The Nigerian National Petroleum Corporation on Thursday said its downstream subsidiary, the Petroleum Products Marketing Company, recorded a total of ₦158.04bn from the sale of white products in the month…

MTN BEGINS NIN ENROLLMENT IN LAGOS, ABUJA, PH

MTN has said it has commenced enrollment for National Identification Number. MTN’s Senior Manager, External Relations, Funso Aina, told our correspondent that the telco had secured Nigerian Identity Management Commission…

Tolls may return, Owerri-Onitsha, 11 highways set for concession

The Federal Government will on Friday (today) receive the Outline Business Case Certificate of Compliance for 12 pilot federal highways billed for concession. The concession of the roads may also…

Atiku Appoints New Special Adviser

Former presidential candidate, Atiku Abubakar has made a new appointment.  The ex-VP has appointed Collins Onyeaji as Senior Special Adviser to the Director-General of the Atiku Care Foundation.  The disclosure…

Airtel Commences NIN Registration In Retail Outlets Across Nigeria

Nigeria’s telecommunications service provider, Airtel Nigeria, has begun to register NIN. Airtel, on Thursday says it has commenced the National Identity Number (NIN) registration exercise in its retail outlets across…

Nigerian Businessman Arrested For Flaunting Cash On IG Allegedly Dies In Dubai Police Custody

Prince Obieze Nestor, a popular Nigerian businessman has allegedly died in Dubai police custody after he was arrested for displaying cash online. The man who is believed to be into…

Banks’ credit to economy hit N25tn in 2020

Banks’ total credit to the economy rose to N25.02tn as of the end of 2020, the Central Bank of Nigeria has said. This was disclosed during the Monetary Policy Committee…

High recurrent expenditure raises debt servicing challenges, says CBN

•Retains lending rate at 11.5% The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at 11.5 per cent. The CBN Governor, Godwin…