The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector. The guidelines, a cornerstone of the Presidential Directives, are aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth….
The Forum of All Progressives Congress State Chairmen, on Tuesday, passed a vote of confidence on the National Chairman of the party, Dr. Abdullahi Ganduje. The delegation of 37 state chairmen gave the endorsement during a solidarity visit to the secretariat of the party in Abuja. The embattled national chairman opened up on his purported…
The Peoples Democratic Party governorship candidate in Edo State, Dr Asue Ighodalo, has urged his opponents to ensure the campaigns to succeed Governor Godwin Obaseki remain issue-based. The campaigns for the state governorship election scheduled for September officially start on Wednesday (today). Ighodalo made the call in a statement issued by the Asue Ighodalo Media…
Distinguished scholar and historian, Professor Toyin Falola, has been conferred with the title of Doctor of Letters (D.Litt. – Honoris Causa) at the Usmanu Danfodiyo University in Sokoto, Sokoto State. The event, marking the 38th, 39th, 40th & 41st combined convocation ceremony of the university, witnessed the recognition of Prof. Falola’s contributions to academia at…
The Indian High Commission in Nigeria has vowed to sanction the workers at the Indian Language School, Ilupeju, Lagos who refused correspondent access to the school facility for inquiries. Following online reports that the school was not admitting or welcoming Nigerians on its premises, our correspondent on Monday proceeded to the school to investigate the…
The Economic and Financial Crimes Commission, on Tuesday, urged Justice Emeka Nwite of the Federal High Court Abuja to deny the bail application of the detained Binance Holdings Limited executive, Tigran Gambaryan. The anti-graft agency said it was too risky to admit the foreigner to bail, noting the escape of his co-defendant, Nadeem Anjarwalla, from…
The acting Vice Chancellor of Ladoke Akintola University of Technology, Ogbomoso, Oyo State, Prof Razaq Kalilu, has announced the introduction of an additional six new degree programmes for the institution. Kalilu made this known while addressing the congregation at the grand finale of the 16th convocation ceremony of the university, held inside the Great Hall…
Rivers State Governor, Siminalayi Fubara, has redeployed two commissioners who are loyalists of the Minister of the Federal Capital Territory, Nyesom Wike. The former Attorney-General and Commissioner for Justice, Prof. Zacchaeus Adangor SAN, was deployed to the Ministry of Special Duties (Governor’s Office). The other is the former Commissioner for Finance, Isaac Kamalu, who has…
THE Federal Ministry of Finance has recovered over N57bn from the N5.2tn debts owed by ministries, departments and agencies to the Federal Government. The Director, Special Projects, Federal Ministry of Finance, Aisha Omar, disclosed this in Enugu on Tuesday, during a one-day workshop on the Federal Government Debt Recovery Drive, through the Project Lighthouse Programme…
The Federal Airports Authority of Nigeria has announced the reopening of Runway 18L/36R at Murtala Muhammed Airport in Lagos, following a temporary closure caused by a Dana Air plane skidding off the runway on Tuesday This was disclosed in a press release signed by the Director of Public Affairs and Consumer Protection, FAAN, Obiageli Orah,…
The Kaduna State House of Assembly has written to the state’s Ministry of Finance, demanding details of financial transactions under former governor Nasir El-rufai’s administration between 2015 and 2023. This was in connection with the state assembly’s probe of all finances, loans and contract projects awarded under the El-Rufai administration. The probe by the state…
The African Union and the Economic Community of West African States have emphasised the imperative of a unified regional approach to tackle the evolving security challenges across Africa. This stance was articulated during the inaugural joint consultation between the AU Peace and Security Council and the ECOWAS Mediation and Security Council at the Ambassadorial level…
