NSIB to corporate with the Nigerian Navy in ensuring maritime safety
The Nigerian Safety Investigation Bureau (NSIB) says there is an urgent need for closer working relationship between NSIB and the Nigerian Navy, in ensuring maritime safety and security, which is crucial for conducting investigations into accidents and incidents occurring on the country’s waterways. The Director General of the Bureau, Captain Alex Badeh who stated this […]
Haaland, Palmer, Odegaard make Premier League player of season shortlist
Manchester City striker Erling Haaland could be named Premier League player of the season for a second consecutive year, haven been named in the shortlist alongside City team-mate Phil Foden. Arsenal midfielders Martin Odegaard and Declan Rice, Chelsea forward Cole Palmer, Newcastle striker Alexander Isak, Aston Villa forward Ollie Watkins and Liverpool defender Virgil van […]
CBN to withdraw ambiguous 0.5 per cent cybersecurity levy
Members of the House of Representatives have asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy According to the Green House, the CBN is to withdraw the initial circular, describing it as “ambiguous”, and “issue a more understandable one”. Honourable […]
FG announces expansion of NFA Sheda Abuja
The Federal Government has announced the expansion of the National Fire Academy Sheda, in Abuja, the training arm of the Federal Fire Service FFS, saying it would on May 28 begin the groundbreaking of several projects at the academy. The Minister of Interior, Olubunmi Tunji-Ojo who disclosed this yesterday in Abuja, after inspecting some ongoing […]
Senate approves Death Penalty for Drug Traffickers
The Senate has approved the death sentence as penalty for drug traffickers in the country, as it passes through the third reading, the 2024 NDLEA Act (Amendment) Bill. The proposal was adopted today when the Senate dissolved into a clause-by-clause consideration of a report from Senator Tahir Munguno, Chairman of the Committees on Judiciary, Human […]
TUC Threatens Nationwide Shutdown over Cybersecurity Levy
The Trade Union Congress (TUC) has threatened to shut down Nigeria’s economy if the Federal Government fails to reverse the cybersecurity levy introduced by the Central Bank of Nigeria. Reacting to the directive from the CBN to commercial banks and other financial institutions, the congress in a statement today signed by its president, Festus Osifo, […]
Inaugurate of Funtua Inland Dry Port in Katsina
The Federal Government has concluded plans to inaugurate the Funtua Inland Dry Port in Katsina State. In a statement, the Assistant Director, Public Relations Unit of the Nigerian Shippers Council, Rebecca Adamu, said the dry port would be opened by President Bola Tinubu at the Funtua IDP project site, with the inauguration billed for Thursday […]
NNPC cautions against Panic buying of petrol, assures of availability and supply
The Nigerian National Petroleum Company (NNPC) Limited has once again urged motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol. This comes as the nationwide supply and distribution of the product continues to improve. Its Chief Corporate Communications Officer, Olufemi Soneye, in a statement said the queues at filling […]
CBN Issues July 7 Deadline For PoS Operators’ Registration with Corporate Affairs Corporation
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation. This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji, today in Abuja. Speaking at the event, the CAC boss said the […]
Nigeria reduces Band ‘A’ electricity tariff to N206.80 /Kwh
The Nigerian Electricity Regulatory Commission (NERC) has ordered the System Operator at the Transmission Company of Nigeria, to cap power supply to cross-border customers in Benin Republic, Niger, and Togo to six per cent. The directive to be in effect for six months subject to review, is outlined in a document which stipulates that power […]