FRSC earmarks N1.2B for new vehicles, fuel, research,  others in 2017

FRSC earmarks N1.2B for new vehicles, fuel, research, others in 2017

The Federal Road Safety Corps (FRSC) is to intensify its patrol and other activities in 2017 as part of measures to curtail road accident across the country. In 2016, according to the National Bureau of Statistics (NBS), Nigeria recorded not...
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Buhari to meet African Maritime Administrators

Buhari to meet African Maritime Administrators

President Mummadu Buhari will on April 20, 2017 meet African Maritime leaders under the aegis of Association of African Maritime Administration (AAMA) to brainstorm on ways in which Africa can come together to maximize the economic opportunities of the contine...
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NCS restricts rice import in free trade zones

NCS restricts rice import in free trade zones

The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has restricted rice import in trade free zones. Quoting the Customs Boss, Public Relations Officer of the service, Mr. Joseph Attah, explained that the restriction became necessar...
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Critical role of agriculture takes centre stage as Ogbeh, FAO delegation visit Borno

Critical role of agriculture takes centre stage as Ogbeh, FAO delegation visit Borno

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has challenged Nigerians to rally support, improve the lives and well-being of rural communities in the interest of the larger economy. Ogbeh spoke on Friday in Maiduguri, Borno State  at...
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Niger Delta States indicate interest in community-based modular refineries

Niger Delta States indicate interest in community-based modular refineries

As implementation efforts on President Muhammadu Buhari’s new vision for oil-producing communities in the Niger Delta region progress, states in the region are beginning to indicate interest in working with the Federal Government and the Private Sector to de...
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Customs impounds N250m contrabands in March, recovers N48.7m underpayments in Zone ‘C’

Customs impounds N250m contrabands in March, recovers N48.7m underpayments in Zone ‘C’

For the month of March 2017, the Federal Operations Unit (FOU), Nigeria Customs Service (NCS), Zone ‘C’ Owerri impounded 17 items with duty paid value of N112,617,700. The unit during its anti-smuggling operations in March also intercepted and detained a.....
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FG clears N54b pension backlog

FG clears N54b pension backlog

Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to...
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Buhari: State Govts critical to economic success

Buhari: State Govts critical to economic success

President Muhammadu Buhari has challenged State Governments across the country to draw inspiration and strategic direction from Federal Government Plan to articulate their economic programmes, particularly in the development of the real sector. Speaking on Wed...
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Recover $22b, N316b from NNPC, NEITI tells FG

Recover $22b, N316b from NNPC, NEITI tells FG

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to recover $22b, N316b from the Nigerian National Petroleum Corporation (NNPC). Presenting it report to Journalists on Tuesday in Abuja, Executive Secretary of N...
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FG to boost agriculture with $4.5b Chinese loan

FG to boost agriculture with $4.5b Chinese loan

Inline with the resolve of the Federal Government to diversify the economy especially through agriculture, President Muhammadu Buhari has authorised the Ministry of Finance, Budget and National Planning and the Central Bank of Nigeria (CBN) to work out technic...
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CBN sets aside $90m for BTA, Medicals

CBN sets aside $90m for BTA, Medicals

As part of efforts to stabilize the naira,  Central Bank of Nigeria (CBN), on Monday, released the sum of $90 million to meet requests for invisibles such as BTA/PTA, medical and school fees. Also, the Bank offered a total of $150 million...
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BPE decries inadequate dredging of Calabar Seaport Channel

BPE decries inadequate dredging of Calabar Seaport Channel

Worried by the inadequate dredging of the Calabar Seaport Channel several years after its terminal was handed over to concessionares, the Bureau of Public Enterprise (BPE) has pledged to “step in” and briefed the Federal Government adequately. According to...
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NSE Photo News

NSE Photo News

L – R (A) Ayodeji Akinbobola, Head, Children Banking, Access Bank Plc; Adetokunbo Elliot, Youth Product Manager, First Bank of Nigeria Limited; Pai Gamde, Acting Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Olumide Orojimi, Head, Cor...
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Abuja Airport Runway Now 57.5% Completed, says  Minister

Abuja Airport Runway Now 57.5% Completed, says Minister

The reconstruction of the runway of the Nnamdi Azikiwe International Airport, Abuja, has reached 57.5% completion, mid-way into the six weeks earmarked for the project, the Minister of State for Aviation, Senator Hadi Sirika, disclosed in Abuja on Thursday. ...
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