Kaduna is agog with excitement as preparation for this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign gathers momentum. The African Patrons cup is an annual polo tournament which features Low, Medium and High goal teams from all around the[Read More…]
News
Domestic Gas Supply Rises by 14%, Says FG
The Federal Government has revealed that the estimated performance of Nigeria’s domestic gas supply obligation increased by 14.14 per cent to 64.8 per cent in 2021. It pointed out that the country’s gas supply volumes are set to grow further in 2022 compared with the 50.66 per cent achieved in[Read More…]
Marketers Threaten Strike, Protest N185/litre Fuel
The Independent Petroleum Marketers Association of Nigeria, says it will withdraw its service over constant increment on the price of the premium motor spirit in the Eastern part of the country. The marketers, recently, in a statement, blamed private depots for the hike in price. According to them, they were[Read More…]
In 3 Years, Digital Economy Ministry Remitted 408bn to FG – Pantami
Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, said their Ministry, alone, made over N408 billion remittances to the Federal Government, in the last three years. He disclosed this at the ongoing Digital Nigeria Day 2022, holding at the International Conference Centre, ICC, in Abuja. According to[Read More…]
Naira Redesign Not Economic Priority — CISLAC
The Civil Society Legislative Advocacy Centre has said that the Central Bank of Nigeria’s plan to redesign 200, 500 and 1,000 naira notes is not an economic priority for the country, considering the current challenges facing the economy. The Executive Director of CISLAC, Auwal Musa, made this known in a[Read More…]
In 2022, Airlines Spend $192bn on Jet-A1
The Nigerian aviation sector has spent $192bn in 2022 on aviation fuel alone, a report by Philips Consulting Limited said. According to the report titled, ‘Nigeria’s Aviation Industry Customer Satisfactory Survey Report 2022’, obtained by Newsmen, in the first six months of 2022, the jet fuel price rose to 70[Read More…]
says he is unperturbed by LASAA’s favouritism towards APC*
Abdul-Azeez Olajide Adediran, aka Jandor, the People’s Democratic Party (PDP) flagbearer in Lagos state in next year’s governorship election has said that he is unperturbed by the favouritism accorded the ruling party in the state by LASAA, noting that, it is a sign that his campaign movement is unsettling the[Read More…]
FG Targets 10m Tons Of Gas Production In 5 Years – NNPC Boss
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Melee Kyari has disclosed that Nigeria has market opportunities for Liquefied Petroleum Gas (LPG) of 10 million tons by 2027. He spoke in Lagos during the International Conference and Exhibition to commemorate the 15th anniversary of[Read More…]
FEC Approves 17 billion for Communications Infrastructure in Nigeria
Federal Executive Council has approved N17.4 billion for provision of broadband infrastructure across the six geopolitical zones for micro, small, and medium enterprises as well as tertiary and higher learning institutions. This will come in the form of a supply of IT communications equipment and furniture for communication centres, in[Read More…]
NESG Says $2.5m Badagry Seaport will Boost Economy
The Nigeria Economic Summit Group and the Center for the Promotion of Private Enterprise have stated that the Badagry Deep Seaport has the potential to enhance international trade between Nigeria and other nations, especially within the subregion of West Africa. A member of NESG, Dr Emeka Nwosu, said that the[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]