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Crime & Security MoneyCBN Instructs Banks to Publish Names, BVN of Forex Policy Defaulters

Beloved John (Staff Writer)August 31, 2021

ABUJA — The Central Bank of Nigeria has ordered all commercial banks to publish the names and bank verification numbers (BVN) of defaulters of forex policy. The directive was issued on Monday in a circular, signed by Haruna B. Mustapha, its director of banking supervision. In the circular, the apex bank described defaulters of its forex policy as customers who engage in fraudulent and unscrupulous practices to obtain forex from banks. Unscrupulous practices like the...

Aviation-Airports BusinessUnited Arab Emirates Extends Suspension Of Flights To Nigeria

Hassan Umar Shallpella (Regional Correspondent)August 30, 2021

United Arab Emirates (UAE) flag carrier, Emirates, has further extended suspension of its flights to Nigeria till September 5, signalling uncertainty on resumption of travels between the two countries. Flights between both countries have been halted since March this year following a diplomatic spat fuelled by the COVID-19 protocols. Prior to the suspension of Nigerian flights by Emirates, the airline was suspended by the federal government for introducing a rapid antigen test for Nigerian passengers...

Business Money NewsOver 5,889 People In Kebbi State, Each Receives N550, 000.00 COVID-19 Targeted Credit Facility Loan

Hassan Umar Shallpella (Regional Correspondent)August 30, 2021

BIRNI-KEBBI, (Kebbi State) —The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) has launched the Federal Government’s COVID-19 Targeted Credit Facility Loan in Federal Government’s COVID-19 Targeted Credit Facility Loan. So far, no fewer than 5,889 people across the 21 local government areas of Kebbi state have started receiving the N550, 000.00. Malami while launching the loan disbursement in Birnin-Kebbi, the state capital said the facility was to enable the beneficiaries to...

Economy Money NewsWhy FG Borrowing is Beneficial – Zainab Ahmed

Beloved John (Staff Writer)August 30, 2021

ABUJA — The minister of finance, Zainab Ahmed, has justified the FG’s thirst for taking foreign loans amidst dwindling revenue and a low standard of living generally for Nigerians. In the government’s defense, the minister said the loans taken are directed towards investment that will be beneficial to the country. According to her, the government is simply dedicated to catering to the country’s infrastructural needs. Zainab justified the move at a press conference addressing the...

Health Jobs NewsWhy Nigerian Doctors Turn Out Largely for Recruitment in Saudi Arabi’s Hospitals

Bada Yusuf Amoo (Correspondent)August 25, 2021

ABUJA — On Tuesday, Nigerian health professionals stormed the Ladi Kwali Hall of the Sheraton Hotels, Abuja, as a consultancy firm, Meeds Consultancy, commenced interviews for those willing to work in Saudi Arabia. The firm conducted the interview on behalf of the Saudi Arabia Ministry of Health Medical doctors in various fields such as anesthesia, ICU, pediatrics and surgery, family medicine, and others stormed the venue as early as 6.45am. Our correspondent noted that as...

Business News Oil & GasImo Stands Still As Oil Marketers Go On Strike

Bada Yusuf Amoo (Correspondent)August 25, 2021

OWERRI — The people of the Imo State, particularly commuters and motorists were thrown into frustration and a standstill on Wednesday as the state chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) embarked on strike. The public was cut unaware of the strike, this expectedly led to a hike in transport fares by the few commercial vehicles and motorcycle operators on the roads. They increased fares above 50 percent from the normal fares....

Business Law & Justice NewsReview of Grazing Reserves Unconstitutional – Ortom

Beloved John (Staff Writer)August 25, 2021

Benue state governor, Samuel Ortom, has criticized President Muhammadu Buhari’s decision to review grazing reserves across the country as unconstitutional. According to the governor, the president’s position on open grazing is disturbing especially considering that most state governors have agreed that ranching is a better way to resolve insecurity. Buhari had approved the recommendations of a committee to review 368 grazing reserves across 25 states in the country. A development that has been met with...

Economy NewsHouse of Reps Opposes Customs’ N1.3trn Revenue Projection for 2022

Beloved John (Staff Writer)August 25, 2021

ABUJA — Citing the devaluation of naira as a crucial factor, the House of Reps Committee on finance rejected the N1.33 trillion revenue projected by the Nigerian Customs Service (NCS) for the 2022 financial year. According to the Lawmakers, the projection is inadequate especially considering the devaluation of the country’s currency. James Faleke, chairman of the committee, declared that the committee will not be accepting the N1.33 trillion revenue projected by the NCS. “For us...

Business People PoliticsNnewi Residents Speculate Situation Today Monday Aug 23

Ononuju Egwuonye (Staff Reporter)August 23, 20212

NNEWI — There is palpable anxiety among the people of Nnewi over the persisting sit-at-home directive of the Indigenous People of Biafra (IPOB); concerns which, today Monday will witness some peculiarities across the South Eastern zone. In Nnewi, this scenario has generated tension across this ever-busy commercial and industrial city of Anambra. Supporters of the movement had come to the realization that the weekly Monday’s sit-at-home directive would not be a panacea for either a...

Corruption Money PoliticsSERAP Sues Buhari, Others Over Missing N106bn In Government Ministries, MDAs

Bada Yusuf Amoo (Correspondent)August 23, 2021

ABUJA — The Socio-Economic Rights and Accountability Project (SERAP) has sued President Muhammadu Buhari “over his failure to probe allegations that N106bn of public funds are missing from 149 ministries, departments and agencies (MDAs), and to ensure the prosecution of those suspected to be responsible, and the recovery of any missing public funds”. The suit followed allegations by the Office of the Auditor-General of the Federation in his 2018 annual audited report that over ₦105...

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Sport

Politics

Insecurity, Misinformation Threats To 2027 Elections – INEC Chairman

ADC Fractional Leader, Nafiu Directs Candidates To Resume Campaigns

Court Sacks Mark-led ADC NWC, Nullifies Atiku’s Candidacy

APC, SDP Supporters Clash At APC Presidential Rally In Nasarawa

Travel

Airline: Green Africa has launched zero naira fare campaign

Nigeria Ranks Sixth in 2022 Africa Visa Openness Index

Fuel scarcity: NNPC assures Nigerians of steady petrol supply

Second Niger Bridge Will Be Open Only For Other Vehicles Not Heavy Duty Trucks ― FRSC

Doing Business in United States is Not So Easy

Business News NigeriaFG Plans to Present 2027 Budget Before December Ends

Business News NigeriaNo Automatic Bank Deductions Under New Tax Regime, Says NRS

Business News Nigeria Oil & GasDangote Refinery Extends IPO Deadline to October 27

NCDC Identifies Two Suspected Ebola Cases in North-East

Adamawa Has No Ebola Virus Disease Case – NCDC Confirms

Kogi To Distributes Over 3M Free Insecticide-Treated Nets To Households

Police Says All Students Hospitalized for ‘Adverse Drug Reaction’ in Katsina have been Discharged

Ebola: NCDC Approves ₦100K Weekly Allowance for Quarantined Persons