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Nigeria Loses ₦2 Billion Daily To Twitter Ban – NetBlocks

Nigeria Dying, Loses Over N2billion Daily To Twitter Ban Amid Massive Unemployment, Economic Downturn Nigeria loses over N2 billion to Twitter shutdown in the country on a daily basis, SaharaReporters has learnt. This was disclosed by NetBlocks, which put the total cost impact of the shutdown at $6, 014, 390 and it naira equivalent at […]

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Politics

Okorocha: Nigeria Is Losing Billions Of Dollars From Cattle Business

The lawmaker representing Imo West in the National Assembly, Senator Rochas Okorocha has said that Nigeria loses billions of dollars from cattle business, urging the Federal Government to invest in the business.He stated this during an interview on Channels Television’s Sunday Politics, noting if cattle business is being tapped well, it could create one million […]

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Politics

States’ Cash Cruch: Governors Beg FG To Postpone $2.1bn Support Repayment

Olalekan Adetayo, Abuja NEC faults Obaseki, says N60bn not printed to shore up March allocationMinister fixes May date, CBN explains technical challenges in further shiftState governors on Thursday at the monthly meeting of the National Economic Council appealed to the Federal Government to postpone the repayment of the $2.1bn budget support facility to states which […]

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FG working to crash price of petroleum products – Enang

The Federal Government of Nigeria said it has concluded plans to crash the price of petroleum products in the country. The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang disclosed this, weekend, during an interaction with journalists in Uyo, the Akwa Ibom State capital. Enang said the FG decided […]

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Politics

Abia: Ikpeazu issues quit notice to road side mechanics

Governor Okezie Ikpeazu of Abia State has given mechanics and motor spare parts dealers doing business in the streets of Aba till the 31st of May this year to move into the Ovom Mechanic and Motor Spare Parts Industrial Cluster. Governor Ikpeazu gave the directive after inspecting the progress of work at the Ovom Mechanic […]

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Law

Breaking: Shell loses case against 4 Nigerian farmers in Dutch court

A Dutch appeal court in The Hague has ruled that the Nigerian branch of Shell has to pay compensation to some Nigerian farmers who have been litigating against the company for 13 years. The court reached the decision today. The amount of compensation must be determined later, a Dutch newspaper reported. According to the ruling, Shell is […]

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Business

The Role of PEF in stemming rising inflation in the Nigerian Economy.

“Do your little bit of good where you are; its those little bits of good put together that overwhelm the world”-Archbishop Desmond Tutu (1984 Nobel Peace Prize winner) Finance, Budget and National Planning Minister, Zainab Ahmed’s recent pronouncements on the ascending inflation in the country is a tacit admission that the cost of living index […]

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Politics

Bobboi’s Tenure Renewal: A Toast To PEF (Management) Board

The news that President Muhammadu Buhari has endorsed Ahmed Bobboi, Executive Secretary of Petroleum Equalisation Fund(Management) Board, for a new 4-year term had drawn wide acclaim and commendations from oil industry practitioners, the organised private sector and other pertinent stakeholders. The presidential pat on the back, many believe, came on the heels of trailblazing activities […]

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Business

Nigerian govt seeks $11billion loan for construction of Lagos-Calabar Railway — Amaechi

Rotimi Amaechi, the Minister of Transportation has said that the Federal Government was set to apply for $11billion loan to construct Lagos-Calabar railway. Ameachi also called on the people from the South East and South South to work together to enable them foster growth in the region. The former Rivers State government stated this in […]

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Business

Abia to partner NSE for promotion, development of SMEs

Abia State Governor, Dr Okezie Ikpeazu, has stated the willingness of his administration to partner with the Nigerian Stock Exchange (NSE) in the promotion of Small and Medium Enterprises in the State. The Governor made this known on Monday, while receiving in audience the President, Council of Nigerian Stock Exchange, Otunba Abimbola Ogunbanjo, at the […]

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