Minister Archives — Page 25 of 168

May 7, 2024 No Responses

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...

May 6, 2024 No Responses

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria. Speaking at an event organized by the National Council on Nutri...

May 4, 2024 No Responses

Press Freedom Not License To Spread Fake News, Says Minister

Press freedom is not a license for practitioners to spread fake news, misinformation and disinformation, the Minister of Information and National Orientation, Mohammed Idris, has said. Idris stated this on Friday in Abuja while responding to questions from Jou...

May 4, 2024 No Responses

Shippers Council Thrift Society Declares N70.9m Dividend For 2023

The Nigeria Shippers Council (NSC) Staff Multipurpose Cooperative Society Limited has declared N70.9million (N70,927,361.19) dividend and net surplus of N141.9million (N141,854,723.73) for the fiscal year 2023, compared to net surplus of N88.9millio...

May 3, 2024 No Responses

Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in the Nigeria Automotive Industry.The Minister stated this on Friday, 3rd May...

May 3, 2024 No Responses

Seaports Unveil Top Nine Priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong...

May 3, 2024 No Responses

LASTMA Tasks Cadet On Professionalism

The Lagos State Traffic Management Authority (LASTMA) has emphasised the importance of professionalism among its cadet officers in serving the motoring public across the state and ensuring effective traffic management. The Special Adviser to the Governor on Tr...

May 3, 2024 No Responses

CPPE Implores CBN On Quarterly FX Rate For Customs

The Centre for Promotion of Public Enterprise, (CPPE) has asked the Central Bank of Nigeria (CBN) to adopt a specific quarterly exchange rate for import duty collection as a measure towards addressing the problems associated with frequent changes in customs...

May 2, 2024 No Responses

NEPL/Seplat JV, Edo Sign Reforestation Agreement

The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a large-scale tree pl...

May 1, 2024 No Responses

Maersk debunks $600m Investment In Nigeria

The management of AP Moller-Maersk has debunked report that it is planning to invest $600 million in Nigerian seaport infrastructure. The Nigerian Government through a statement had claimed that the Danish shipping conglomerate promised to bring an additional ...

May 1, 2024 No Responses

Petrol Marketers Threaten Strike Over ₦200b Debt

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The threat comes following cur...

April 30, 2024 No Responses

Najomo Inaugurates NCAA’s Project Monitoring And Evaluation Committee

The Acting Director General, Nigerian Civil Aviation Authority (NCAA), Capt. Chris Ona Najomo has inaugurated NCAA Project Monitoring and Evaluation Committee.The inauguration ceremony for the newly reconstituted committee took place on Monday, April 29, 2024...

April 28, 2024 No Responses

Lagos-Calabar Coastal Road: Demolition Of Structures Begins

The Minister of Works, David Umahi has flagged off the demolition of buildings on the right of way of the Lagos-Calabar Coastal Road. The demolition exercise began at the Mani Chula Beach, Oniru Waterfront on Saturday. The minister said compensation...

April 27, 2024 No Responses

Tinubu Appoints Jim Ovia As Chairman Education Loan Fund

President Bola Tinubu has appointed renowned banker and businessman, Mr. Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Ovia is the founder of Zenith Bank Plc and an alumnus of Harvard Business School and...