The Federal Executive Council (FEC) has granted approval for a gateway platform under the auspices of the Ministry of Finance, Budget and National Planning to manage a portal in charge of issuance of import duty exemption certificates as well as vehicle identification and registration numbers. The weekly meeting held wednesday was presided over by Vice […]

The National Union of Electricity Employees (NUEE) has suspended its strike action embarked upon on Wednesday to draw federal government’s attention to the plight of its members. Following a meeting with officials of the federal government, the union accepted to discontinue the one-day old strike action. According the National President of NUEE, Comrade Joe Ajaero […]

The Debt Management Office (DMO) has clarified that the latest move by the President Muhammadu Buhari administration for a $22.718 billion is consistent with the subsisting Debt Management Strategy, which seeks to replace short-term high interest cost domestic debt with low interest long-term external debt and is one of the measures that is being implemented […]

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema yesterday said the ongoing recapitalisation exercise in the insurance sector will present new opportunities for mergers and acquisitions and bring about efficiency, innovation and profitability. Onyema stated this at the NSE Insurance Sector Forum with the theme: “Recapitalisation: A Panacea for Insurance Industry Growth,” […]

The First Lady Aisha Buhari has accused the Senior Special Assistant to the President on Media and Publicity, Garba Shehu of disloyalty In a statement she issued on Thursday morning, Mrs Buhari alleged that the Presidential aide had gone beyond his brief and was waging war on the first family through an orchestrated campaign of […]

With the expiration of the December 7 deadline issued by the Nigerian Electricity Regulatory Commission (NERC) for eight electricity distribution companies (Discos) to respond to the enforcement action against them or have their licences revoked, the regulatory agency has received the written responses of the distribution firms, THISDAY has learnt. It was gathered that NERC […]

The Senior Special Assistant to the President, Media and Publicity, Mr Garba Shehu, has said the social media can’t be left to operate without control. A State House statement on Monday said Shehu spoke at the Kawararafa Media Award in Abuja on Sunday night. He said, “The entire Kasuwan Magani saga that resulted in the […]

A chieftain of the All Progressives Congress in Edo State, Mr Charles Idahosa, on Monday called for the resignation of the party’s National Chairman, Adams Oshiomhole. Addressing journalists in Benin, Idahosa who was the Special Adviser to Oshiomhole during his eight years as the state governor, said resignation was the only honourable option for the […]

The federal government has said it is expecting an improvement in electricity supply to Nigerian, just as it revealed that an increase in electricity tariff will be inevitable. The Minister of Power, Saleh Mamman, said this a statement signed by his media aide, Aaron Artimas. He said the government was heavily burdened by the financial […]