•Peter Obi Amidst the food price hike and economic hardship besetting the nation, the government of Ukraine recently donated 25,000 tonnes of wheat as emergency food assistance to 1.3 million vulnerable, crisis-affected people in Nigeria’s northeastern region, a development which Mr Peter Obi has now described as disheartening. Obi who was the...
•Wale Edun The federal government has directed importers to regularise duty payments and clear improperly imported vehicles within 90 days. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, directed the Nigeria Customs Service (NCS) to allow affected vehicle owners and their agents to do so within the stipulated time...
•Meat The National Butchers Association, Oyo State chapter has announced an increase in the price of meat, effective today. This, the association attributed to the high cost of transportation and other rising running costs, reports Nigerian Tribune. Chairman of the association in the state, Mr Wahab Olayiwola made this known during a prayer se...
•Allen Onyema Nigerian airlines lose an estimated N15 billion annually to bad behaviours of passengers, which avoidably lead to flight delays. Dr. Allen Onyema, the Chairman of Air Peace, stated this to aviation correspondents yesterday in Lagos, reports Daily Independent. Onyema lamented that poor passenger behaviours constitute the major cau...
Over 600 complaints have been recorded against Ikeja Electricity Distribution Company at the electricity consumer complaints resolution platform. This includes arbitrary billing, unauthorised disconnection, customer abuse, disregard to capping, transformer issue, reports The Nation. The event, organised by Federal Competition and Consumer Prot...
•Tinubu and Al Thani President Bola Tinubu has re-echoed his government’s resolve to fight corruption and create a good business environment, urging Qatari investors to report any Nigerian government official who asks for bribe. Tinubu said this at the Nigeria-Qatar Business and Investment Forum in Doha, yesterday, promising that his governmen...
U.S. Consul General, Will Stevens’ has stated that 80 U.S. companies operating in Nigeria collectively pay billions of naira in taxes, create thousands of direct and indirect jobs, and directly support various socioeconomic programmes that improve the lives of Nigerians. Stevens, who made the declaraÂtions in his keynote address theme: ‘The Ro...
•Applicants for NIN Over 70 million bank customers are at risk of losing access to their accounts when the Central Bank of Nigeria’s directive on restricting accounts without Bank Verification Numbers and National Identification Numbers goes into effect. The CBN had on December 1, 2023, in a circular directed that a ‘Post no Debit’ restriction...
•CBN Governor Cardoso The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions. This was disclosed in a statement yesterday by the bank’s Acting Director, Corporate Communications, Sidi Ali Hakama. According to the apex bank, ...
•Gas cylinders The federal government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across the country. Nigeria is currently suffering from low power supply because many gas suppliers have reduced, while others stopped supplying the commodity to power-generating companies due...

