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  • Fuel subsidy removal: Nigeria has attracted over $30bn FDIs — FG

    Despite the attendant economic hardship, the Federal Government has said that fuel subsidy removal has started yielding dividends, disclosing that over $30 billion foreign direct investments, FDI, had been attracted so far. Minister of Information and National Orientation, Mohammed Idris, said this over the weekend while chatting with the media…

  • Tight security at NEMA stores as hoodlums loot FCT warehouses

    The police have beefed up security at the warehouses belonging to the National Emergency Management Agency nationwide following the looting of food warehouses in the Federal Capital Territory, Abuja, on Sunday, by suspected hoodlums. This was as soldiers foiled an attempt to raid a factory warehouse at the Idu Industrial…

  • Senate summons CBN officials over N30tn loans

    The Senate has said it will quiz some officials of the Central Bank of Nigeria on how the N30tn Ways and Means loan was obtained and spent by the Federal Government during the Muhammadu Buhari-led administration. The Chairman of the Senate Ad-hoc Committee Senator Isah Jibrin, who made the disclosure…

  • How to link your NIN, BVN to your bank account

    The Central Bank of Nigeria have instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank account (s). The apex bank had in a circular on December 1st 2023, directed that banks should place restrictions on all Tier 1 bank accounts…

  • More than one billion suffering from obesity worldwide – study

    More than one billion people around the world are now suffering from obesity with the number having more than quadrupled since 1990, according to a study released by the Lancet medical journal. The “epidemic” is particularly hitting poorer countries and the rate is growing among children and adolescents faster than…

  • Politicians understand restructuring only when they are not in office — Soyinka

    Nobel Laureate Professor Wole Soyinka said politicians understand the term restructuring only when they are not in office but turn to something else when they assume office. Soyinka stated this while speaking at the Punch 50th anniversary lecture in Lagos on Thursday. “It is the same thing with reconstruction, and…

  • Osimhen, Boniface, Oshoala makes list for 10th Nigeria Pitch Awards [See full list]

    Victor Osimhen, the reigning male African Footballer of the Year, has earned the highest nominations in four categories at the 10th Nigeria Pitch Awards. This was revealed on Thursday by the organisers of the Nigeria Pitch Awards through its voter collation agent, SIAO Partners. Osimhen, Nigeria’s Super Eagles forward, among…

  • Price hike: Tinubu directs Dangote, BUA, others to revert cement to old prices

    The Minister of Works, Dave Umahi, says President Bola Tinubu has directed cement companies to revert to old prices following a price hike. Umahi stated this shortly after inspecting the BUA cement factory in Sokoto on Thursday. He said, “On the issue of pricing, I can authoritatively say that they…

  • FG’s 10-man panel to probe foreign airlines over high fares

    In a bid to make air travel more affordable for Nigerians, the Nigeria Civil Aviation Authority, Chris Najomo, has set up a 10-man committee to probe foreign airlines over skyrocketing fares. This was disclosed in a press statement released to journalists on Thursday, signed by Director-General, NCAA, Chris Najomo, following…

  • SIM-NIN linkage: NCC warns telcos against non-compliance

    The Nigerian Communications Commission has said telecommunication companies that fail to comply with the directive to block Subscriber Identity Module cards not linked to National Identification Numbers will face sanctions. The Director of Public Affairs, NCC, Reuben Mouka, told  on Thursday. According to Mouka, the regulatory directive mandates telecom operators to…

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