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FG Has Suspended 5% Excise Duty On Telecom Services, Says Pantami

September 6, 2022 Omoniyi Osadare 0

Isa Pantami, minister of communications and digital economy, says the federal government has suspended a five percent excise duty on telecommunications services in Nigeria. According to The Punch, Pantami announced this on Monday during the […]

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Pay Us N80m or We Kill DPO Sani Wednesday – Bandits Threaten

September 6, 2022 Omoniyi Osadare 0

Terrorists posing as bandits have threatened to kill DPO Sani Muhammad Gyadi-Gyadi of Birnin-Gwari Divisional Headquarters in Kaduna State if a ransom of N80 million is not paid on Wednesday, September 7, 2022. This new […]

News

Flutterwave Secures Switching And Processing Licence, Nigeria’s Highest Payments Processing Licence

September 3, 2022 Omoniyi Osadare 0

Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing Licence by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This licence allows Flutterwave to […]

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Nigeria’s Petrol Subsidy Payments Hit N2.04trn In Seven Months

September 3, 2022 Omoniyi Osadare 0

The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account allocation committee (FAAC) meeting on […]

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FG: Why Nigerians Under 40 Are Restricted From Entering UAE

September 3, 2022 Omoniyi Osadare 0

The federal government says Nigerians need to respect the immigration laws of other countries to avoid “unwarranted treatment”. On Wednesday, a viral video of Nigerians reportedly stranded at the Dubai international airport surfaced on social […]

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Power Sector Challenges Hindering Privatisation Dividends By Gloria Nwafor

August 30, 2022 Omoniyi Osadare 0

Organisers of this year’s power sector awards have stated that the challenges facing the sector are hindering it from delivering on the benefits of privatisation in terms of reliable electricity supply. However, the group mentioned […]

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‘Why Foreign Capital Importation Decline May Linger’ By Femi Adekoya

August 30, 2022 Omoniyi Osadare 0

The ongoing tight monetary policy of major central banks around the world, as well as domestic factors, including scarcity of foreign exchange, widespread insecurity, and pre-election jitters, will lead to further decline in foreign capital […]

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IATA Okays Release of $265m, Urges Foreign Airlines To Stay By Wole Oyebade

August 30, 2022 Omoniyi Osadare 0

International Air Transport Association (IATA), yesterday, applauded Nigeria’s decision to release $265 million of foreign airlines’ funds stranded in the country, urging the operators to keep serving the market. IATA, which is the umbrella body […]

News

ASUU: Indefinite Strike Is To Save Public Varsities — We Are All Victims

August 30, 2022 Omoniyi Osadare 0

The Academic Staff Union of Universities (ASUU) says its national executive council (NEC) has resolved to convert the roll-over strike into a “comprehensive, total and indefinite” strike. Emmanuel Osodeke, the president of the union, said […]

News

2023: FG To Borrow N11tr, Spend N3.36tr On Subsidy

August 30, 2022 Omoniyi Osadare 0

Ahead of the 2023 budget presentation, the Federal Government, yesterday, insisted that petroleum subsidy would remain in place until mid-2023. In addition, the government will borrow over N11 trillion and sell national assets to finance […]

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Who Is Afraid of Electoral Offences Commission?

August 27, 2022 Omoniyi Osadare 0

Is the National Electoral Offences Commission desirable or not? Will it fast-track the trial of electoral offenders? Will the proposed commission reduce electoral malpractices and enhance the quality of elections in the country? These questions […]

News

Trapped Funds: British Airways Blocks Travel Agents From Issuing Tickets

August 27, 2022 Omoniyi Osadare 0

The national association of Nigeria travel agencies (NANTA) says British Airways (BA) has closed inventory on Nigeria in the global distribution system (GDS), over foreign airlines’ trapped $464 million. Susan Akporiaye, president of NANTA, said […]

News

Mission To London: What’s In It For Nigerians?­

August 27, 2022 Omoniyi Osadare 0

London where the destiny of Nigeria was once shaped to fail by colonial masters is again playing host to political leaders and concerned citizens are wondering, what’s in it for Nigeria’s future? October 1, 2023, […]

News

‘We Want Orderly Exit of Funds’ — CBN Releases $265m To Prevent Aviation Sector’s Collapse

August 27, 2022 Omoniyi Osadare 0

To halt the crisis in the aviation sector, the Central Bank of Nigeria (CBN) says it has released $265 million to airlines operating in the country to settle outstanding ticket sales. Osita Nwanisobi, director, corporate […]

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Bola Tinubu Has Difficulties But Is Consumed By Ambition – Jimi Disu | As E Dey Hot

August 27, 2022 Omoniyi Osadare 0

Bola Tinubu Has Difficulties But Is Consumed By Ambition – Jimi Disu | As E Dey Hot

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Subsidy Removal: FG Needs To Win Trust of Nigerians, Says TUC President

August 26, 2022 Omoniyi Osadare 0

Mr Festus Osifo, president of, Trade Union Congress (TUC), says Nigerians are not averse to the removal of subsidy on Premium Motor Spirit (PMS) but waiting for the government to win their trust over the […]

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DisCos’ Debt To GenCos Hits N2tn – Group

August 26, 2022 Omoniyi Osadare 0

Power generation companies have blamed low power generation for the inability of the utility firms, also known as the DisCos, to pay up the N2trn debt owed them. This was revealed by the Executive Secretary, […]

News

CBN Unveils USSD Code For eNaira Transactions By Victor Ejechi

August 26, 2022 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) has unveiled the unstructured supplementary service data (USSD) code for the eNaira to enhance financial inclusion in the country. Godwin Emefiele, CBN governor, inaugurated the USSD transaction code on […]

News

Nigeria, India Set Up Business Council To Expand Trade, Investment

August 23, 2022 Omoniyi Osadare 0

Nigeria and India on Monday in Abuja established the Nigeria-India Business Council (NIBC) to expand trade and investment between both countries. The council is aimed at furthering efforts at reaching an anticipated 40 billion dollars […]

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After ‘Doomsday’ Floods, Sudanese Fear Worse To Come

August 23, 2022 Omoniyi Osadare 0

In the Sudanese village of Makaylab, Mohamed Tigani picked through the pile of rubble that was once his mud-brick home, after torrential rains sparked heavy floods that swept it away. “It was like doomsday,” said […]

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