The Supreme Court, Wednesday, restrained the Federal Government from enforcing the February 10 deadline for the use of N200, N500 and N1000 old Naira notes. The apex court, in a unanimous decision by a seven-member panel, halted the full implementation of the demonetisation policy of the Central Bank of Nigeria, CBN. The ruling followed […]
The Abdul Samad Rabiu Africa Initiative (ASR Africa) yesterday, announced a N5.5billion grant to 22 universities and institutions of higher learning across Nigeria of 250million Naira each towards infrastructure projects under its ASR Africa Tertiary Education Grants Scheme (TEGS). According to our source; Daily Post, this will bring to 30, the number of tertiary […]
Chairman of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohamed Buba Marwa (retd), has commended the Chairman of Abdul Samad Rabiu Africa Initiative (ASR Africa), Alhaji Abdul Samad Rabiu, for his philanthropy and support for humanity. He gave the commendation at the agency’s national headquarters in Abuja on Wednesday December 21, when […]
The Economic and Financial Crimes Commission, EFCC, on Tuesday, November 8, 2022, presented an estimate of N41,120,071,521.75 (Forty One Billion, One Hundred and Twenty Million, Seventy One Thousand, Five Hundred and Twenty One Naira, Seventy Five Kobo) as its budget for the year 2023 to the House of Representatives Committee on Financial Crimes. A […]
By Ishmael Esenam Senator Bassey Albert Akpan (OBA) loved on October 22, 2022 that he is fully prepared to positively change the deplorable economic situation in Akwa Ibom state, when he formally presented his blueprint tagged POSITIVE IMPACT AGENDA! In it are grouped Five Strategic Pillars: 1. Agriculture and Rural Development 2. Education, Health […]
Eight (80) entrepreneurs from the three senatorial districts of Akwa Ibom State who graduated from the DAKKADA Support Initiative Training Program on Friday, October 29, 2022, received business empowerment/start-up packs from Mr. Udom Emmanuel, Governor of Akwa Ibom State. The presentation, done on the platform of Dakkada Support Initiative (DSI) at the Women Development […]
Nigerians are gasping for breath as the inflation rate rose by 0.92 basis points to 20.52 per cent in August from 19.6 per cent in July, the highest since October 2005. This represents the seventh consecutive monthly rise in Headline inflation since February. Food inflation also rose to 23.12 per cent in August 2022, […]
The National Broadcasting Commission (NBC) has revoked the broadcast licences of Silverbird TV, AIT, Raypower FM, and Rhythm FM amongst others over failure to renew their broadcast licences. Director General of the NBC Mallam Balarabe Shehu also directed its state offices to liaise with security agencies to ensure the shut down of the operation of […]
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said yesterday that N6.210 trillion was paid as fuel subsidy to independent oil marketers from 2013 to 2021. She, however, said the her ministry paid N1.774 trillion from 2013 to 2016, while the rest came under PMS under-recovery by the Nigerian National […]
There are indications that the price of aviation kerosene also known as Jet A1 might hit N1,000 per litre before the end of 2022. This development might further impact the price of airfares across the nation thus making passengers bear the burden of the rise. A survey on price shows that, the fuel was […]