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Business

Deregulation: FG saves N1.4 trillion on subsidy payment

Kazeem Ugbodaga The Federal Government says it has saved N1.4 trillion which could have been paid as subsidy to oil…

Lagos, FG partner on affordable housing for federal, state civil servants

The Lagos State Government and the Office of the Head of Service of the Federation on Thursday commenced talks on…

Ogun to demolish illegal structures on Lagos-Ibadan Expressway

The Ogun State Government said on Thursday that it would soon commence the demolition of illegal structures along the Lagos/Ibadan…

Health workers protest non payment of 7-month salary

Okafor Ofiebor/Port Harcourt Hundreds of primary healthcare workers attached to health centres across the 23 local government areas of Rivers…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira strengthens against dollar

The Naira on Wednesday appreciated against the dollar at the parallel market. The Nigerian currency on Wednesday afternoon gained 5…

Shell declares force majeure on gas supply to NLNG

Following the discovery of a leak on its pipeline, Shell Petroleum Development Company of Nigeria Ltd (SPDC) has declared force…

Russia to build strong economic relations with Nigeria

Nikolay Udovichenko, ambassador of Russia in Nigeria said on Tuesday in Abuja that his country would build a strong economic…

Agriculture remains top priority – Buhari

President Muhammadu Buhari has said his administration will continue to accord agriculture premium importance through programmes and initiatives designed to…
This follows the expiration of the 50 per cent rebate earlier granted by Sanwo-Olu when the fuel subsidy was removed by President Bola Tinubu.

BRT Drivers’ Protest: LAMATA promises speedy resolution

The Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday said it would leave no stone unturned to resolve the impasse…
Placentyne Hair Lotion has been banned: NAFDAC issues warning

NAFDAC issues license to produce structured water

The National Agency for Foods and Drugs Administration and Control (NAFDAC) has licensed an indigenous company to produce the first…

Why details of Abacha’s loot are being delayed- World Bank

The World Bank has again asked for more time to release details on the spending of recovered loot by late…

80,000 pilgrims to be transported to Saudi Arabia in 5 weeks – FAAN

The Federal Airport Authority of Nigeria (FAAN) on Monday, said no fewer than 80,000 pilgrims were expected to be transported…

NNPC pays N56.96bn into Federation Account in June

The Nigerian National Petroleum Corporation (NNPC) said it paid the N55.96 billion into the Federation Account in the month of…
Tinubu

Globacom subscribers laud reduced tariffs

Subscribers on Globacom network on Sunday commended the telecommunications’ company for its reduced tariffs on its data. They said in…

SERAP to Dogara: Budget padding is a crime of corruption

Socio-Economic Rights and Accountability Project (SERAP) has faulted the claim by the Speaker of House of Representatives Mr Yakubu Dogara…

Kerosene is N150 per litre from NNPC depots, says NUPENG

The National Union of Petroleum and Natural Gas Workers (NUPENG) says the Nigeria National Petroleum Corporation (NNPC) has fixed N150…

We have recovered billions of Naira from looters – Buhari

President Muhammadu Buhari has once again disclosed that his administration has been able to recover billions of naira from those…

Customs Service impounds 26 containers of tyres

The Comptroller-General of the Nigeria Customs Service (NCS), Retired Col. Hameed Ali, said on Friday that the Apapa Customs Command…

EFCC arrests 3 FAAN officials for N100m fraud

The EFCC has arrested a level six accounts officer at the Federal Airports Authority of Nigeria (FAAN), Christy Olabode, for…

FG set to curb wastage – Finance Minister

The Minister of Finance, Mrs Kemi Adeosun, has said that the Federal Government is determined to curb wastage in its…
Tinubu appoints ex-LAMATA boss Mobereola as NIMASA DG

Lagos shuts Marine bridge for repair

Kazeem Ugbodaga The Lagos State Government on Friday announced the closure of the Marine Bridge Road (Inward Ijora), Apapa area…

LIRS shuts 18 hotels, event centres over N91 million tax evasion

Kazeem Ugbodaga The Lagos State Internal Revenue Service (LIRS) has shut down 18 hotels, restaurants and event centres over N91…

Akarigbo’s Death: Markets, shops to be shut Sunday

Abiodun Onafuye/Abeokuta The Sagamu Traditional Council has announced the commencement of traditional rites for the late Oba (Dr.) Michael Adeniyi…

ETF: Lagos warns against unauthorised selling of forms

Lagos State Government has warned members of the public on the activities of some unscrupulous individuals and groups selling fake…

3 oil pipeline vandals nabbed in Ebonyi

The Nigeria Security and Civil Defence Corps (NSCDC) in Ebonyi on Thursday announced the arrest of a 20-year-old woman and…

British passport: Britain, Lagos collaborate on document verification

The British Government is seeking collaboration with the Lagos State Government on verification of documents presented by applicants for issuance…

EITI visits NNPC over transparency

The Extractive Industries and Transparency Initiative (EITI), a global body which promotes public awareness about how countries manage oil, gas…

2016 Hajj: Saudi Arabia disqualifies 3 Nigerian airlines

The National Hajj Commission of Nigeria (NAHCON) on Wednesday said that the three carriers disqualified from transporting Nigerian pilgrims for…

Salesman bolts with employer’s N139, 500

A 31-year-old sales representative, Eric Ikechukwu, who allegedly stole his employer’s N139,500, is being tried at an Ikeja Chief Magistrates’…

FIRS battles Acorn Petroleum company over unpaid taxes

Akin Kuponiyi The Federal Inland Revenue Service (FIRS) has filed a counter claim before a Federal High Court in Lagos,…
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