The World Bank has approved $275 million in concessional financing targeted at securing support for fiscal stabilisation and accelerated economic growth programs, a senior government official has said. Situmbeko Musokotwane, the Minister of Finance and National Planning said the approval was granted through the World Bank’s International Development Association (IDA) at a meeting of its […]
The Federal Government has expressed strong disapproval of the unverified security alert recently issued on Nigeria by some embassies in the country. Alhaji Lai Mohammed, the Minister of Information and Culture, decried the act at a Ministerial Panel of the ongoing UNESCO Media and Information Literacy Week in Abuja. In a presentation titled: “National Media […]
The Minister of Communication and Digital Economy, Isa Pantami, has raised the alarm that the country is losing its value by the day to the scourge of disinformation and fake news. Pantami made this remark at a Ministerial Panel of the ongoing UNESCO Media and Information Literacy Week in Abuja. In a presentation titled “National […]
The Nigeria Security and Civil Defence Corps (NSCDC) has solicited logistic support from the Kwara State Government to enhance its operational efficiency and tight security surveillance in the state. The State Commandant of NSCDC, Mr Muhammed Ibrahim, made the appeal during an interactive session with newsmen on Thursday in Ilorin. Ibrahim said the logistics support would […]
Nigeria’s Federal Executive Council (FEC) has ratified the UN Water Convention on the Protection and use of Trans-Border Water Courses and International Lakes. Minister of Water Resources, Mr Suleiman Adamu, told newsmen in Abuja that Nigeria has three trans-border waters viz the Rivers Niger and Benue and the Lake Chad. “This is a UN Convention […]
The Federation Account Allocation Committee (FAAC) has shared a total sum of N760.235 billion September 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. The figure is contained in a communiqué issued at the end of the FAAC meeting for October 2022. A total of N760.235 billion revenue comprised distributable statutory […]
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Wednesday announced plans by the Apex bank to redesign the N200, N500, and N1,000 notes. Emefiele made the announcement during a special press briefing in Abuja. He said that the redesign would take effect from Thursday, Dec. 15. He also said that existing […]
The Managing Director/Chief Executive Officer (CEO) of Leadway Assurance, Mr Tunde Hassan-Odukale, has cautioned corporate business owners and governments on the overwhelming rise in cybersecurity risks. Hassan-Odukale said, on Wednesday in Lagos, that crucial steps needed to be taken to mitigate the unprecedented risk attack. He was reacting to a recent report by Kaspersky, a […]
By Farooq Kperogi If I get a dollar for every time random Nigerians that I don’t know from a hole in the wall want me to edit stuff (entire book manuscripts, articles, proposals, etc.) for them for free, I’d be a multimillionaire! But seriously, what sustains the idea in Nigeria that writers and editors are […]
The NIGERIA LNG Limited (NLNG) has called on stakeholders in the domestic Liquified Petroleum Gas (LPG) value chain to invest in the supply of the product to ensure a reliable and steady stream of supply to the market. Dr Philip Mshelbila, Managing Director of NLNG made the call at a conference in conjunction with the […]