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Business
Buhari appoints Lagos former commissioner as NDIC chairman
President Muhammadu Buhari has approved the reconstitution of the Board of the Nigeria Deposit Insurance Corporation (NDIC) and appointed Lagos State former Commissioner, Dr. Abdulhakeem Abdullateef, as the Chairman.
Abdullateef, who is…
SERAP writes Buhari, advocates reversal of electricity tariff hike
The Socio-Economic Rights and Accountability Project (SERAP) has written to President Muhammadu Buhari, demanding an immediate reversal in the electricity tariff hike, describing the move by the Federal Government as unlawful, unjust, and…
Bagudu warns Kebbi boat operators against night travels
Following the boat mishap in Samanaji town of Koko Besse local Government Area of Kebbi, the State Governor, Atiku Bagudu, has warned boat operators against traveling on waterways at night across Kebbi waterways.
Bagudu said that the…
FG bans cash withdrawals from public accounts
As part of measures to stop excess cash withdrawals by public office holders, the Federal Government through Nigeria Financial Intelligence Unit (NFIU) has imposed a ban on cash withdrawals from accounts belonging to the Federal Government,…
JUST IN: Buhari signs N21.8tn 2023 budget, advocates for N23.7trn CBN advance restructuring
In a bid to avoid delay in project completion in 2023, President Muhammadu Buhari has signed into law the Appropriation Bill for the year totalling N21.83 trillion, a budget size increased by the lawmakers with N1.32 trillion over the…
JUST IN: Chinese firm wins 4th Mainland bridge project bid
The Lagos State Government, through the Office of Public-Private Partnerships, has picked the China Civil Engineering Construction Corporation (CCECC)- China Railway Construction Corporation (CRCCIG) as the preferred bidder for the proposed…
Lagos Govt. warns nightclub against indiscriminate parking on roads
The Lagos State Government through its parking authority (LASPA) has warned nightclub owners against allowing customers to park illegally on major roads while patronizing their relaxation spot in the state.
Describing the act as an…
JUST IN: Senate pushes for old naira note deadline adjustment
The Senate has asked that the Central Bank of Nigeria (CBN) to adjust the deadline earlier fixed for the phasing out of the old N1,000, N500 and N200 notes for transactions across the country from January 31st, to June 30, 2023.
They…
JUST IN: Senate okays N21.8trn as 2023 budget
The Senate and House of Representatives have passed the Year 2023 estimate with a slight increase of the grant total from N20.51 trillion presented before it by President Muhammadu Buhari to N21.83 trillion.
During the appropriation bill…
JUST IN: Buhari gets approval for N819.5BN 2022 supplementary budget
The Senate has approved a supplementary budget of N819.5 billion presented before the house by President Muhammadu Buhari for 2022 fiscal year.
As gathered, the supplementary budget approved by the lawmakers for the outgoing year would…