The federal government has disclosed that it will use $2.2 billion of the fund raised via eurobond to cater for petrol under-recovery costs. According to the government, it would also target more…
Category: National
Minimum transactions: CBN introduces cash collection centres for withdrawals, deposits
The Central Bank of Nigeria (CBN) has introduced cash collection centres called Bank Neutral Cash Hubs (BNCH), to be established by registered processing companies or deposit money banks (DMBs) based on business…
Blackout Worsens As National Grid Suffers Second Collapse Within 48 Hours
Some parts of the country were on Tuesday thrown into darkness following another system collapse of the National Grid. The Head, Corporate Communications, Ikeja Electric Plc, Mr Felix Ofulue, confirmed the development…
APC National Chairmanship Nomination Form Sells for N20m, Others Here
THE All Progressive Congress has disclosed that candidates vying for the office of the national chairman of the party will purchase at the rate of N20 million while aspirants for the office…
75,600 N-power Beneficiaries get Loan
The Federal Government in collaboration with the Central Bank of Nigeria (CBN), has concluded plans to give financial empowerment to 75,600 batches A and B beneficiaries of N-Power programme. The Minister of…
Online Loan Apps: FG Issues Fresh Directives To Google, Apple
The Federal Competition and Consumer Protection Commission has ordered Google LLC (Play Store) and Apple Inc. (Apple Store) to deactivate unathorised online banks and loan applications. The Federal Government agency asked Google…
In Three Days, All Airlines In Nigeria Will Shut Down – Airpeace Boss Reveals
Airlines are demanding operational licenses from the federal government to begin importation of fuel or Airlines In Nigeria Shut Down Airlines are demanding operational licenses from the federal government to begin importation…
Nigeria’s Power Grid Collapses Totally, Plunges Country Into Darkness Again
Electricity consumers across the country were thrown into darkness on Monday, 14 March 2022, as the nation’s power grid experienced a total collapse by 10am. Although its power was later restored at…
Nigerian Police to Embark on Nationwide Warning Strike
The Nigerian Police force has revealed the intentions to embark on an unprecedented two weeks warning strike across the nation, to protest against poor working conditions among others. According to New Telegraph,…
Presidential Race 2023: Finally, Osinbajo Notifies Buhari Of Ambition
The Vice President of Nigeria, Professor Yemi Osinbajo has reportedly informed President Muhammadu Buhari about his decision to contest the 2023 presidency. Prof. Osinbajo is yet to officially declare his intention, Daily…