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Adesina, re-elected as AfDP President
The President of the African Development Bank (AfDP), Akinwumi Adesina has been re-elected for a second five-year term.
Adesina emerged as the sole candidate for the plum position, making the ongoing voting process, a mere formality.…
NUPEND shelves strike as Chevron recalls 175 sacked workers
The Nigeria Union of Petroleum and Natural Gas Workers, (NUPENG) has suspended its planned nationwide strike scheduled for tomorrow Thursday, August 27.
The decision to shelve the industrial action was sequel to the resolve of the…
COVID-19: FAAN MD laments loss of N18.9 billion revenue
The Federal Airports Authority of Nigeria (FAAN) says it has lost over N18.9 billion as a result of the rampaging COVID-19 pandemic.
A breakdown of the figure shows the agency lost N17.5 billion of aeronautic charges in 23 weeks and also…
Fire razes Access Bank branch in Lagos
The Access Bank branch on Adetokunbo Ademola Street in the Victoria Island area of Lagos was on Wednesday afternoon razed by a rampaging inferno.
Eyewitness account has it that the fire started from a diesel-laden truck and a car on the…
Obaseki’s reforms: Edo Modular Refinery applies to NNPC for crude supply
…set to meet 18% of Nigeria’s diesel demand on expansion
The Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the Edo State Government has applied to the Nigerian National…
FG announces plan to concession airports
The Federal Government on Monday said it has commenced moves to concession the nation’s airports for effective and efficient service delivery.
Minister of Aviation, Senator Hadi Sirika, spoke of plans to concession the…
Banks to take over collection of electricity bills
The Central Bank of Nigeria (CBN) has directed commercial banks to take over the collection of electricity bill payments in the country.
The development is aimed at improving revenue collection efficiency and financial…
Borno, Least Indebted State in Nigeria say Finance Commissioner
Even with a debt of a whooping N96 billion, the Borno State government on Monday declared the state remains the lease indebted state in the country.
Commissioner of Finance, Budget and Economic Planning, Alhaji Adamu Lawan made the claim…
Contributory Pension: FG pays N14.92bn accrued rights for retirees
The Federal Government has released the sum of N14.92 billion for the payment of accrued rights for retirees under the Contributory Pension Scheme (CPS).
A statement by the Head, Corporate Communications Department, PenCom, Peter…
New Anti-Piracy Law: NIMASA Commends Navy on Enforcement
The Director-General/CEO of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has commended the Nigerian Navy for the successful enforcement of the new anti-piracy law in Nigeria.
In a commendation letter to…