THERE were indications, Monday, that stakeholders would soon emerge with a new price of petrol as the landing cost of the product rose from N151 to N180 per litre, due mainly to rising price of crude oil in the international market. The rise of crude oil price from $58 to[Read More…]
News
New Service Chiefs And The Task Ahead
President Muhammadu Buhari had recently appointed new service chiefs as the tenure of the former service chiefs expired. He appointed Maj Gen Lucky Irabor, Chief of Defense Staff, Maj Gen I Attahiru, Chief of Army Staff, Rear Admiral AZ Gambo, Chief of Navy Staff, and Air Vice Marshal I.O. Amao,[Read More…]
Firstbank Supports Schools With Array Of Exciting Educational Solutions
First Bank of Nigeria Limited is supporting schools with an array of educational based products and solutions targeted at enabling the acquisition of various facilities to boost the continuous expansion and improvement of the educational sector. Parents are not left out, as the Bank has bespoke products which empowers parents[Read More…]
Multichoice Decries Monopoly Allegations By Broadcasting Regulations
African broadcast company, MultiChoice has stated that the attempts by the Independent Communications Authority of South Africa (ICASA) to stimulate competitiveness in the playing fields among local broadcasters will have unintended consequences. “We should not be trying, through regulation, to bring MultiChoice to its knees,” said MultiChoice Group CEO, Calvo[Read More…]
Price Of Cooking Gas Increased In December- NBS
The National Bureau of Statistics (NBS) on Saturday said the average price for refilling five kilogrammes cylinder of cooking gas increased to N1,949.75 in December 2020 from N1,947.47 in November. The bureau said this in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch” for December 2020 obtained from its website[Read More…]
Nigeria’s Food Inflation Worsens, Hits 19.56%: Data Office
Nigeria’s inflation rate rose to 15.75 percent in December 2020, a 0.86 percent increase from 14.89 percent in November, the National Bureau of Statistics (NBS) said Friday morning in its monthly inflation report. The statistics office disclosed that food inflation surged to 19.56 percent last month, representing a 1.26 percent[Read More…]
Access Bank Staffers In Court For Stealing N197.2m From Customer Account
The Economic and Financial Crimes Commission (EFCC) has charged two of Access Bank PLC female staff, Olawunmi Audu and Glory Michael Sado before a Federal Capital Territory High Court, Abuja for allegedly stolen about N197.2 million from a customer’s account. EFCC alleged that the Defendants conspired and transferred the sum[Read More…]
CDHR Condemns Communal Violence In Benue State
The Committee for the Defence of Human Rights (CDHR), Benue State branch has recently condemned the latest communal clash in Edikwu community, Apa local government of Benue State, which left one person dead. Edikwu community had in recent times been engulfed in series of communal clash over Royal tussle which[Read More…]
Ajayi Wins The 59th Firstbank Lagos Open Golf Championship
Ikoyi Club based category-1 amateur golfer, Ajayi Tajudeen has emerge winner of the 59th edition of the FirstBank sponsored Lagos Open Golf Championship. Ajayi closed with 1-under par 70 for a total of 7-over the course par to win the Championship by two-shots after 56-holes. Happy at the recently held[Read More…]
FG Directs Reversal Of Electricity Tariff
The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies(DISCOs) to revert to tariffs that were applicable in Dec. 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a[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…]