The Nigeria Customs Service (NCS) says the closure of Nigeria’s borders with the Niger Republic is not a declaration of war between the two countries, as speculated. Mr Adewale Adeniyi, the NCS acting Comptroller General, asserted while addressing the Illela border community of Sokoto State on Friday. Adeniyi, who was at the Illela border to …
Border closure: Nigeria is not at war with Niger Republic – NCS Read More »
Lafarge Africa Plc has released its financial results for the six months ended June 30. Its second quarter (Q2) net sales was up 10.3percent; operating profit rose 13.3percent while Profit Before Tax (PBT) was up by 29percent. The results released at the Nigerian Exchange Limited (NGX) showed Lafarge Africa’s net sales in H1’23 went up …
Lafarge Africa operating profit rises by 13.32% in Q2 Read More »
The Senate will on Saturday confirm all the 48 ministerial nominees appointed by President Bola Tinubu after completing the screening of the remaining seven. Senate President Godswill Akpabio made this known on Friday after the screening of 13 nominees out of the 19 slated on the Order Paper for the day. Those screened on Friday …
Senate to confirm Tinubu’s ministerial nominees Saturday Read More »
In the trading week ended Friday August 4, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation increased by 0.22percent to 65,198.08 points and N35.480 trillion respectively. All other indices finished higher with the exception of NGX Main Board, NGX CG, NGX Banking, NGX AFR Bank Value, NGX MERI Growth, NGX MERI …
The persistent increase in the price of diesel, and service parts like engine oil, hydraulics, tyres, and maintenance, for Private Sector Participators (PSPs) in waste management in Lagos, has further increased the cost of waste bills, worsening Nigerians’ living costs. The rise in waste bills by an average of 200 percent across Lagos in a …
Waste collection bill rises 200% on surging PSP operational cost Read More »
The Nigerian Communications Commission (NCC) has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the commission. The certification of telecom devices used in the telecom sector is one of the mandates of the NCC as enshrined in the Nigerian Communications …
NCC warns against sale of non-type approved devices Read More »
Philip Shaibu, Edo State deputy governor, has filed a motion to stop the commencement of an impeachment process against him. Shaibu, in an ex parte motion, with suit no: FHC/ABJ/CS/1027/2023, filed before the Federal High Court in Abuja, against the Inspector General of Police (IGP), State Security Service (SSS); governor of Edo State; speaker, Edo …
Edo deputy gov seeks court protection against impeachment Read More »
As football fans are gearing up for the new football season across Europe, Saudi Pro League side Al-Nassr on Friday topped Google trends with over 10, 000 searches. This among other things shows the amount of machandising footballers brings to their club sides and how top leagues across the globe are leveraging on players’ brand …
Ronaldo’s Al-Nassr top Google trends with 10K+ searches Read More »
President Bola Tinubu recently ordered the release of 225,000 metric tonnes of fertilisers, seedlings and other critical inputs to farmers across the country in a move to stabilise the surging food prices across the country. High input costs, worsening insecurity, over-reliance on imports, climate change and economic shocks have pushed food prices to record levels …
Tinubu’s agric intervention plan plays catch-up with food prices Read More »
President Bola Tinubu has said that Nigeria’s plans to become industrialised, create jobs and achieve economic growth cannot be achieved if reliable energy is not generated, transmitted and distributed. Tinubu said this at the groundbreaking ceremony of the Gwagwalada Independent Power Plant (GIPP) Project held in Abuja on Friday. He reiterated that he had promised …
Nigeria needs reliable energy for industrialisation – Tinubu Read More »