Saturday, May 26, 2018
350, 000 benefit from FG’s MarketMoni interest-free loans The Federal Government Enterprise and Empowerment Programme (GEEP) MarketMoni scheme, has successfully reached over 350,000 micro enterprises in all 36 states of Nigeria, and the Federal Capital City. This was revealed on...
SAHCOL hits 48% market shareFrom Amara Justice, Lagos The market share of the Skyway Aviation Handling Company Limited (SAHCOL) has hit 48 per cent making it market leader in the country. Acting Managing Director of SAHCOL, Mr. Basil Agboarumi, who...
NDPHC commissions two NIPP sub-stations in LagosFrom Anthony Nwachukwu, Lagos The Niger Delta Power Holding Company (NDPHC) has further boosted electricity supply to Lagos residents with two units of 15MVA (Mega Volt Ampere) injection sub-stations. Doing the commissioning Tuesday, the...
Lokoja Port gets N1.6bn cargo clearance equipmentFrom Anthony Nwachukwu, Lagos Consequent upon two memos from the Ministry of Transportation, the Federal Executive Council (FEC) has approved the sum of N1.6 billion for the procurement and installation of cargo clearing...
NCC harps on need to protect telecom consumers’ rightsBy Angeleen Nkwocha The Nigerian Communications Commission (NCC) has vowed to keep to its mandate of ensuring that telecom consumers are adequately informed, educated and protected from exploitation because of their...
$700bn needed yearly to finance Africa’s development-AfDBBy Chika Otuchikere The African Development Bank (AfDB) has estimated that financing Africa’s development needs will require $600-$700 billion annually. AfDB Economic Outlook for 2018 which made the projection says that the continent will...
CBN halts use of foreign draft and cheques for tax remittancesThe Central Bank of Nigeria (CBN) has said it would no longer accept foreign draft and cheques as mode of inflows for customers as regards tax remittances.Chinwendu ObienyiThe...
2018 Budget: Buhari’s office to spend N31.563bnThe Federal Government earmarked over N31.563 billion for the Office of the President in the 2018 budget currently awaiting President Muhammadu Buhari’s accent. Although a breakdown of what would constitute key expenditure...
FAAC: FG, States, LGAs share N701bn in MayThe Federation Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared N701.022 billion as statutory allocation for May. The figure was an improvement over N626.8 billion...
Minimum wage increase receiving attention –Oyo-ItaThe Head of the Civil Service of the Federation, Ms. Winifred Oyo-Ita, has applauded President Muhammadu Buhari for the constitution of the Presidential Committee on Minimum Wage.Speaking during a service wide sensitization workshop...