The Minister of Power, Engr. Sale Mamman on Monday said the ministry and stakeholders of the electricity market are working towards the establishment of a predictable  and equitable regulatory regime from the perspective of rate payers and investors. He earlier raised the alarm over the widening liquidity gap in the Nigeria Electricity Supply Industry (NESI), […]

The Nigeria Meteorological Agency (NiMet) has predicted that Nigerians will experience near-normal to above-normal rainfall across the country in 2020. With the prediction, the earliest onset date of rainfall is expected to occur on February 24 in Southsouth states, while the northern states are predicted to experience their onset on June 2. The earliest cessation […]

In an apparent explanation for his support to the South-west security outfit, Amotekun, former vice president, Atiku Abubakar, has said every Nigerian irrespective of status, has the right to self-defence and the right to combat terror. This is as Nobel laureate, Prof. Wole Soyinka, yesterday came down hard on ex-governor of the old Kaduna State, […]

THE National Information Technology Development Agency (NITDA) has started the training of 100 women in the Northcentral zone on the application of Information Communication Technology (ICT) tools to enhance their trade and businesses and sharpen their entrepreneurship skills. Its Director-General, Abdullahi Kashifu said the training was part of efforts to bridge gender inequality in ICT […]

NIGERIAN equities reopened on Monday with continuing bargain-hunting across the sectors with nearly two in every three deals closed at premium. Increased demand for shares tickled the bulls, leaving the market with net capital gains of N48 billion. The All Share Index (ASI)- the benchmark value-based index that tracks share prices at the Nigerian Stock […]

It’s not regional army’ Outfit constitutional, says Afe Babalola Youths plan protest Atiku okays state police Southwest governors insisted on Sunday that the Western Nigeria Security Network (WNSN) Operation Amotekun has come to stay. The security outfit, launched on January 9 to give cover to the zone, was declared illegal by the Federal Government. Reiterating […]

No fewer than 50 directors of the Federal Inland Revenue Service (FIRS) are affected in the massive shake up effected by Executive Chairman Muhammad Mani. Mani replaced Mr. Babatunde Fowler as EC in December. He has been consolidating his hold on the tax agency “to be able to meet the N8.5trillion 2020 tax revenue target,” […]

Two persons were feared dead in multiple pipeline explosions at Abule-Egba area of Lagos State last night. Many people were injured. Fire from the explosions razed houses and vehicles. The fire, which started around Ile-Epo bus stop at about 8 pm, was said to have spread to Abule-Egba, Fagba and Ekoro roads. In a swift […]

The African Development Bank (AfDB) has revealed plans to invest $250 million in the Federal Capital Territory (FCT) water and sanitation integrated project to improve water supply and sanitation in the satellite towns. The Senior Director of AfDB, Mr. Ebrima Faal, made the revelation in Abuja when he led a six-man delegation on a courtesy […]

The new Finance Act 2019 set to take effect from February excludes basic food items, sanitary towels, pads, and tuition fees from elementary schools to tertiary institutions from the payment of value added tax (VAT), federal government disclosed at the weekend. It listed such food items on which no VAT is required as: additives (honey), […]