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253 Results / Page 25 of 29

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Economics

FEDERAL GOVERNMENT ANNOUNCES A 150-DAY DUTY-FREE IMPORT WINDOW FOR FOOD COMMODITIES.

The Federal Government has announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising food inflation which had impoverished many Nigerians. The government also expressed its decision to collaborate with states to expand land cultivation across the country. Consequently, the government suspended duties, tariffs and taxes for the importation of certain food commodities through land and sea borders. Among other things, the latest […]

todayJuly 9, 2024 39

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Business

NIGERIA’S DEBT-TO- GROSS DOMESTIC PRODUCT (GDP) RATIO SAYS DEBT MANAGEMENT OFFICE

The Debt Management Office (DMO), says Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank and International Monetary Fund (IMF) for the country’s peer group. Director-General of the DMO, Patience Oniha, said this in an interview with newsmen on Tuesday in Abuja while reacting to some media reports that the debt-to-GDP ratio of 52 per cent exceeded the World Bank/IMF’s prudential ceiling for countries […]

todayJuly 9, 2024 32

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Business

FEDERAL HIGH COURT IN LAGOS DIRECTS FORMER MINISTER OF HUMANITARIAN AFFAIRS, DISASTERS MANAGEMENT AND SOCIAL DEVELOPMENT, SADIA UMAR-FAROUK, TO ACCOUNT FOR N729BN.

Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management and Social Development, Sadia Umar-Farouk, to give details of how N729bn allegedly disbursed to 24.3 million poor Nigerians was carried out. Justice Dehinde Dipeolu of the court ruled that the ex-minister should provide a list of all the beneficiaries, including their bank details, that received the N5,000 disbursed for six months. The judge gave the […]

todayJuly 8, 2024 21

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Business

CHAIRMAN OF ZENITH LABOR PARTY, BARRISTER DAN NWANYANWU PRESCRIBES FREE TRANSPORTATION AS SOLUTION TO LABOUR CRISES

The Federal has been asked to adopt a more proactive action to ensure a conducive working environment for Nigerian workers. Chairman of Zenith Labor Party ,Barrister Dan Nwanyanwu while speaking with newsmen over the weekend suggested that provision of a functional transportation system for all Nigerian workers will reduce the level of agitation by them for living wages. The lawyer drew the attention of the federal government to instances where […]

todayJuly 8, 2024 93

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General

3 FEARED DEAD AS GUN MEN ATTACK UMUAKA COMMUNITY IN IMO STATE

Unidentified gunmen, on Sunday night, opened fire on a patrol vehicle, killing three vigilance operatives and a passerby at Umuaka Community in Njaba Local Government Area (LGA) of Imo. Newsmen learnt that the incident occurred near the local Afor Umuaka Market and Hilltop Primary School at about 7:20p.m. A community leader, who pleaded anonymity, described the attack as a “devastating ambush”. The source told newsmen that the people of the […]

todayJuly 8, 2024 68

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Featured

KEIR STARMER EMERGES UK'S NEW PRIME MINISTER, AFTER LABOUR PARTY’S LANDSLIDE VICTORY IN UK GENERAL ELECTION.

Keir Starmer is now UK's new prime minister, after his Labour Party swept to power in a landslide general election victory. The Conservative Party suffered a huge collapse after a tumultuous 14 years in power, which saw five different prime ministers run the country. Rishi Sunak - the outgoing Prime Minister - accepted responsibility for the result and apologized to defeated colleagues during a brief statement outside a rainy 10 […]

todayJuly 5, 2024 7

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General

FEDERAL HIGH COURT FIXES SEPTEMBER 18 FOR JUDGMENT IN A SUIT SEEKING THE REMOVAL OF ABDULLAHI GANDUJE AS NATIONAL CHAIRMAN OF APC.

A Federal High Court in Abuja, has fixed September 18 for judgment in a suit seeking the removal of Abdullahi Ganduje as National Chairman of the All Progressives Congress (APC). Justice Inyang Ekwo fixed the date after counsel to the plaintiff, Benjamin Davou; and lawyers to the defence adopted their processes and made their submission for and against the case. The plaintiff; the North Central APC Forum, led by Saleh […]

todayJuly 5, 2024 10

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Economics

LONG QUEUES RETURNS TO PETROL STATIONS ACROSS NIGERIA, AS REPORT EMERGES OF NNPCL’S STRUGGLES TO PAY $6 BILLION PETROL PAYMENT BACKLOG.

Long queues are gradually returning to petrol stations across Nigeria, raising fresh concerns about shortages as the Nigerian National Petroleum Company Ltd (NNPCL) struggles with a staggering $6 billion petrol payment backlog. Reports say the NNPCL owes around $6 billion to international traders for imported petrol as traders said the state-owned company is taking more days to make payment instead of within 90 days. It quoted Reuters as saying that […]

todayJuly 5, 2024 12

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General

HOUSE OF REPRESENTATIVES LAUNCH PROBE INTO ALLEGED N1.5 BILLION DIVERSION OF CONTRACT FUNDS AT FEDERAL MINISTRY OF WOMEN AFFAIRS.

The House of Representatives has launched a probe into the N1.5 billion meant for the payment of contractors, but allegedly diverted by principal officers of the Federal ministry of women affairs. The House Committee on Women Affairs commenced the probe in Abuja against the backdrop of petitions by contractors over non-payment of contracts executed. Chairman of the committee, Representative Kafilat Ogbara, said the ministry initiated new contracts not captured in […]

todayJuly 5, 2024 14

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