NATIONAL NEWS

By Njadvara Musa, Maiduguri 18 August 2022   |   1:57 am OBTUSE Technical Engineering and Construction (OTEC) company has partnered TAJ Bank and First City Monument Bank (FCMB) to invest N10 billion in infrastructure in Borno State. OBTUSE Technical Engineering and Construction (OTEC) company has partnered TAJ Bank and First City Monument Bank (FCMB)
By Guardian Nigeria 18 August 2022   |   1:56 am The presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, yesterday, said he was pleased with the administration of Ogun State Governor, Dapo Abiodun. The presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, yesterday, said he was pleased with

TCN confirms shut down of national grid

The Transmission Company of Nigeria (TCN) on Wednesday, said that the national grid has been shutdown following the industrial dispute by the two in-house unions in the company. This is contained in a statement by the TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah in Abuja. Mbah said that the grid was shut down by

Naira gains after 2-day loss to dollar

By NAN 17 August 2022   |   7:18 pm The Naira on Wednesday appreciated against the dollar at the Investors and Exporters window, exchanging at N429.38. The Naira on Wednesday appreciated against the dollar at the Investors and Exporters window, exchanging at N429.38. The figure represented a gain of 0.16 per cent compared with

Treasury managers urges measures to check loopholes in TSA

The Registrar/Chief Executive, Chartered Institute of Treasury Management (CITM), Olumide Adedoyin has expressed concern over the absence of safeguards to ensure the effective implementation of the Treasury Single Account (TSA). Speaking to reporters in Abuja, he called for continuous training and retraining of personnel handling the process as some that are saddled with these responsibilities

Ogun PDP crisis deepens as Showunmi vows to “fight to the end”

The crisis rocking the Ogun State chapter of the Peoples Democratic Party (PDP) appears to be far from over as Former governorship aspirant of the party, Otunba Segun Showunmi has vowed to fight the ongoing battle for the opposition party’s ticket to the end. Showunmi expressed confidence that at the end of the struggle, which

Buhari swears in new RMAFC Chairman, Muhammed Bello

President Muhammadu Buhari has sworn-in new Chairman for Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Mohammed Shehu. The News Agency of Nigeria (NAN) reports that the swearing in of the Chairman was held shortly before the commencement of the weekly virtual meeting of the Federal Executive Council (FEC) on Wednesday at the Council Chambers of

27 abducted train passengers still in captivity, says Mamu

Publisher of Desert Herald newspaper, Tukur Mamu, has debunked the rumoured rescue of the remaining 27 train passengers in captivity. In a statement, yesterday, Mamu urged the public to disregard the story about the victims’ release and tasked President Muhammadu Buhari to intensify efforts in securing their release, as their situation remains highly unpredictable. According

Mining: Nigeria’s is one of the epicenters for the next technological, say Adegbite

…….. mining a roadmap for global economy diversification Minister of Mines and Steel Development, Arch. Olamilekan Adegbite, on Tuesday, said that Nigeria is one of the epicenters of the next technological change in the mining sector. He also noted that the enormous and abundant mineral resources spread across Nigeria has the potential to make the

Clean energy key in climate change mitigation – FG

Minister of Science, Technology and Innovation, Dr Adeleke Olorunnimbe Mamora has called on Nigerians to embrace and support the deployment of Clean Energy Innovations as a solution to climate change mitigation and adaptation in the country. The minister made the call on Tuesday during the inauguration of the Project Steering Committee of Nigeria, UNIDO /GEF

Wealthy Nigerians, middle class, youths in web of naira shorting

• Country at risk of all-time high money laundering • Request for dollar-denominated accounts spikes • Fund managers feast on desperation for dollar assets • ‘Outlaw domiciliary accounts, go after black money’ Confidence in the economy has dropped to its lowest ebb, emboldening some Nigerians – the wealthy and hustlers– to bet against the naira, investigations have suggested.  

Wike’s meeting with Obi after botched one with Atiku’s camp raises dust

• Wike’s camp properly briefed about postponement, a shift in venue to Abuja – Atiku team • No comment from Wike, Obi after a midnight meeting • Away from the norm, Wike commissions project by himself despite inviting the Bauchi governor • Says he’s not interested in becoming Minister • Crisis in Kwankwaso’s NNPP as

ASUU strike continues as meeting with FG ends in deadlock

Nigerian students in Federal government-owned universities will remain out of school as the Academic Staff Union of Universities (ASUU) did not reach an agreement to end the strike. ASUU and the government met on Tuesday but their conversation on ending the ongoing strike ended without an agreement. READ ALSO: We’ll suspend strike if UTAS agreement

TCN appeals to union to suspend planned strike

The Transmission Company of Nigeria (TCN) has appealed to the electricity workers to suspend their proposed strike billed to begin on Aug. 17. The Managing Director, TCN, Dr Sule Abdulaziz, made the appeal in a letter to the workers on Tuesday following the threat of the workers to embark on a strike to drive home

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