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Tuesday, November 26, 2024

CATEGORY

Business

AEDC Controversy: Court Orders Parties To Maintain Status Quo

A Federal High Court, Abuja, on Friday, ordered parties in a suit filed over the raging controversy on the alleged takeover of the Abuja...

Buhari did not order sack of AEDC board – Presidency

PRESIDENT BUHARI DID NOT ORDER THE SACK OF AEDC MANAGEMENT, SAYS PRESIDENCY The Presidency wishes to react to a news item making the rounds, credited to...

Buhari Sacks Abuja Disco Board Over Prolonged Internal Wrangling

•Sets up interim management to oversee power company President Muhammadu Buhari yesterday formally sacked the management of the Abuja Electricity Distribution Company (AEDC), following a...

Senate Committee accuses Aviation Ministry of frustrating AMCON’s efforts

▪︎ Directs AMCON to republish list of debtors The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has declared that the...

Independent oil marketers back plan to remove petrol subsidy by 2022

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has given its support to the Federal Government’s plan to remove subsidy on Premium Motor Spirit...

Nigeria Air to commence operations by April 2022 – FG

The Federal Executive Council (FEC) has approved April 2022 as official date for the commencement of the operations of much-awaited Nigeria Air. The Minister of...

In Niger State, lawmakers stand down budget deliberations over Speaker’s missing photo in document

The Niger State House of Assembly has stepped down debate on the 2021 budget, due to the absence of speaker’s picture in the document...

Osinbajo praises Coca Cola for planning to spend $1b in Nigeria in five years

Statement Osinbajo hails Coca Cola's planned $1b investment in Nigeria, celebrates 70 years of company in Nigeria ▪︎ Adds: It’s a testament to the possibilities in...

Buhari spending billions on new cars while borrowing to fund big government

Nigeria’s cash-strapped government will likely do everything to meet its big-on-paper-light-on-impact budgets except one: cut its administrative cost. As the government deals with budget deficits...

Senate approves Buhari’s $16.2bn, €1.02bn loan request

The Senate has approved President Muhammadu Buhari’s loan request for the sum of $16,230,077,718 (USD) billion, €1,020,000,000 billion (Euros), under the 2018-2020 External Borrowing...

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