$9.6bn judgment debt: No cause for alarm, says FG; set for appeal
The Federal Government has assured Nigerians that there is no imminent threat to Nigeria’s assets in spite of the recent award of 9.6 billion dollars judgment debt by a UK…
Minimum Wage: NLC blasts FG, insists new wage should take effect from April this year
The National Executive Council (NEC) of NLC has rejected the delay by the Federal Government to commence implementation of the New National minimum wage. NLC President, Dr Ayuba Wabba, and…
9Mobile breathes again, gets $230 million loan from AFC
The Africa Finance Corporation has approved a $230 million loan for Nigerian telecom company 9mobile, the firm said on Sunday. The money will be used to honour existing debts, finance…
We supplied 58.65m litres of petrol daily in June – NNPC
The Nigerian National Petroleum Corporation (NNPC) said that 1.76bn litres of Premium Motor Spirit (PMS), also known as petrol was supplied in June. The corporation disclosed this in its Monthly…
OML 11 controversy: Court orders FG to renew Shell licence
The Federal High Court, Abuja, on Friday, ordered the Federal Government to renew the operating licence of the Shell Petroleum Development Company (SPDC). Justice Taiwo Taiwo, who delivered the judgment,…
Telecoms infrastructure vandalisation affecting service – NCC
The Nigerian Communications Commission (NCC) says the spate of vandalisation of telecoms infrastructure across the country has resulted in slowing the pace of growth of services. The Director, Zonal Operations,…
Excitement as Konga unveils huge discounts for back-to-school
Foremost e-Commerce giant, Konga has unveiled massive discounts and sweet deals for its annual Back-to-School campaign. The Konga Back-to-School promotion this year runs from Monday, August 26th till Friday, September…
Local production: FG begins overhaul of refineries to meet 2023 target, calls for more investment
The Federal Government on Thursday said it had begun the overhauling of its refineries commencing with the Port Harcourt Refinery to achieve its 2023 target of ensuring that local refineries…
Buhari to African telecom regulators: Protect consumers, fight e-fraud
President Muhammadu Buhari on Tuesday charged African telecoms regulators to protect the continent and their consumers against e-fraud and cyber crime. The President gave the charge in Abuja at the…
Fowler admits shortfall in tax collection but says I’m not to blame
Chairman of the Federal Inland Revenue Service, FIRS, Mr. Babatunde Fowler in his response to a query by the Presidency admitted to shortfall in tax collection under his watch but…