“Can we continue to service external debts with 90% of our revenue? It is a path to destruction. It is not sustainable. We must make the very difficult changes that are necessary for our country to get up from slumber ...
Read More »Shettima meets Russian stakeholders, discusses reactivation of ALSCON
By Stephen Angbulu Vice President Kashim Shettima, on Thursday in St. Petersburg, Russia, restated Nigeria’s determination to revive the Aluminium Smelter Company of Nigeria, particularly by engaging with key stakeholders in the industry.“The sooner we get this plant back to production, ...
Read More »Adeleke urges banks to reopen branches
By Damilola Olufemi Governor Ademola Adeleke of Osun State has appealed to administrators of commercial banks to reopen their branches across the state, assuring them of an enabling environment for businesses to thrive. The governor made this plea during the commissioning ...
Read More »Nigeria manufacturers oppose BPP and World bank’s electricity project
The Association of Meter Manufacturers of Nigeria (AMMN) has expressed its opposition to the World Bank-funded bid process for the supply and installation of 1.2 million smart electricity meters to the 11 distribution companies (Discos) under Phase 2 of the ...
Read More »Nigerian domestic airports record 2.79 million passengers in Q1 – NCAA
Nigeria’s domestic airports recorded 2,791,591 passengers in the first quarter of 2023. Outbound passengers slightly trumped inbound passengers and 1,400,031, compared with 1,391,560, meanwhile, international air travel recorded 870,776 passengers in the first quarter of the year. This was disclosed by ...
Read More »Dangote refinery: Lagos to explore waterways to reduce traffic
By Sharon Osaji The Lagos State Government has said that ahead of the commencement of operations by the Dangote Refinery in July, the state government is considering water transportation to cushion the effect of traffic in the area. The Permanent Secretary, ...
Read More »10 benefits of 2023 Electricity Act Bill signed by Asiwaju Tinubu
By Ajisafe Olayiwola President Bola Tinubu has approved the new Electricity Act, which replaces the 2005 Electricity and Power Sector Reform Act. The Electricity Act was first passed in July 2022 in the administration of former President Muhammadu Buhari. The new ...
Read More »Reps warn FG against terminating e-passport contract
By Leke Baiyewu The House of Representatives, on Tuesday, warned the Federal Government against terminating the contract signed with a private firm, Iris Smart Technologies Limited, for the production of electronic passports booklets. According to the House, procuring the equipment capable ...
Read More »Sun re o! Famous Nollywood actor Murphy Afolabi passes on.
A famous Nollywood actor Murphy Afolabi has passed away.Afolabi’s death was announced on Sunday by Tunde Ola-Yusuf, a fellow actor in the Yoruba subsector of Nollywood. Sharing a picture of the actor, Ola-Yusuf wrote: “REST IN PEACE. “May God give ...
Read More »Troops Uncover ISWAP’s cArmoury In Sambisa Forest
Troops uncover ‘ISWAP’s underground armoury’ in Sambisa forest Troops of the 21 Armoured Brigade, operation Hadin Kai, have reportedly recovered a large cache of arms and ammunition from the Islamic State of the West African Province(ISWAP) in Sambisa forest, Borno ...
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