Buhari gave us 10 out of the N36bn used for Ebonyi Int’l Airport—Gov
More facts have emerged on why the newly unveiled Ebonyi International Cargo Airport will be named after the outgoing President Muhammadu Buhari. According to the state Governor, Engr Dave Umahi, the state graciously received a support of N10bn during the…
Just in: NEC cancels subsidy removal
The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. The Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed disclosed, this while briefing State…
How ethnicity killed Udenwa’s $600m Oguta Blue Seaport scheme—IMAN
Disturbing revelation has emerged on why the strategic $600m Oguta Lake Blue Seaport scheme planned by the former Achike Udenwa administration in Imo State did not see the light of the day. National President of the Importers Association of Nigerian…
FG to permanently open 2nd Niger Bridge on 15th May
All is set for the permanent opening of the completed second Niger Bridge linking Delta and Onitsha on May 15, 2023. The Minister of Works and Housing, Babatunde Fashola, disclosed the information through the Minister of Information and Culture, Lai…
From WLF to TVT, LASG set to milk vehicle importers with new tax
Fresh indications have emerged on why the Lagos State Government (LASG) is struggling to be developing seaports here and there. The target is simply; to continue to make money through imposition of all manner of taxes on imports without recourse…
Just in: MTN Plc Q1-23 shows 3.8% y/y increase in EPS to N4.94
Continental giant in telecoms, MTN Nigeria Communications Plc (MTNN) released its Q1-23 unaudited results this morning (Thursday, April 27, 2023), showing a 3.8% y/y increase in EPS to NGN4.94. The growth in earnings was driven mainly by the robust expansion…
NCDMB, IOCs To Grow Orbit Galvanizing Plant
Pursuant to its official mandate and efforts of the Nigerian Content Development and Monitoring Board (NCDMB) to support the development of in-country capacities that would serve the Nigerian oil and gas industry and allied sectors, the Executive Secretary, Engr. Simbi…
NITDA seeks Development of International Cyber-Norms
The need for robust cyber-norms and confidence-building measures has become a pressing issue, therefore global leaders from governments, international organisations, and cybersecurity experts gathered at International Conference on Cyber Diplomacy (ICCD), organised by Cyber Diplomacy Center, Bucharest, Romania. Otherwise, as…
Inter-agency synergy critical to Maritime security—NIMASA DG
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, OFR has stated that inter-agency collaboration is critical to sustaining the efforts to curb criminal activities in the Nigerian waters and the Gulf of Guinea…
At first 100 days, Emechebe reechoes Sanwo-Olu’s promises to ASPMDA
The President of the largest auto trading centre in sub-Saharan Africa, Auto Spare Parts and Machinery Dealers Association (ASPMDA), Hon. Ngozi Emechebe, Wednesday April 26, 2023, marked his 100 days in office at the Lagos International Trade Fair complex. Addressing…
