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N5.9b Debt: FG orders demolition of Globacom masts nationwide
- October 16, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News, Marine & Aviation
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The Presidency is reportedly set to demolish masts belonging to Globacom Limited across the country for failure to pay N5.9 billion renewal fees for height clearance to its agency. The Presidency had already sent a memo to some of its appendage agencies including the Nigerian Civil Aviation Authority (NCAA) to recover debts and other government
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NIGERIA’S FINANCIAL UPDATES
- October 16, 2021
- Posted by: admin
- Category: Economy, Latest News
NIGERIA FINANCIAL UPDATES AS AT OCTBER 13, 2021 1. EXCESS CRUDE ACCOUNT (ECA) BALANCE AS AT 13TH OCTOBER 2021 STANDS AT $60, 857,773.43 2. STABILIZATION ACCOUNT BALANCE AS AT 13TH OCTOBER, 2021 STANDS AT N 25,009,892,511.55 3. DEVELOPMENT OF NATURAL RESOURCES ACCOUNT BALANCE AS AT 13TH OCTOBER, 2021 STANDS AT N56, 144,024,000.71 Source: The Honorable
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- October 16, 2021
- Posted by: admin
- Category: Economy, Latest News, Youths & Sports
While appreciating the role of lawful peaceful protests in the advancement of public discourse under democratic governance, the National Economic Council (NEC) strongly advise those planning public protests across the country to mark the anniversary of the #EndSARS, to consider other lawful alternative means of engagement. This is because of the current security situation across
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Dubai Travel: Emirates Suspends Flights From And From Nigeria Until Oct 31
- October 16, 2021
- Posted by: admin
- Category: Latest News
Dubai’s flagship carrier Emirates, yet again announced the extension of suspension of flights to and from Nigeria until October 31, 2021. According to the information, βcustomers who have been to or connected through Nigeria in the last 14 days will not be permitted on any Emirates flights bound for Dubai. Affected flight bookings have been
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Senate orders NCAA to withhold NG Eagleβs operating certificate
- October 16, 2021
- Posted by: admin
- Category: Latest News, Marine & Aviation, Tourism
The Senate Committee on Aviation has directed the Nigeria Civil Aviation Authority, NCAA to withdraw the issuance of Air Operatorsβ Certificate, (AOC) to the Nigeria Eagle Airline being midwife by the ASSET Management Company of Nigeria (AMCON) The committee, in a letter signed by its Chairman, Senator Smart Adeyemi, said the order was to enable
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FG to release N30bn for Public Varsities revitalization
- October 16, 2021
- Posted by: admin
- Category: Latest News
There is a cherry news for the public universities across the country as the Federal Government may soon commenced the release of the N30 billion revitalization fund soon to these universities. This followed a meeting with the leadership of the Academic Staff Union of Universities (ASUU), in which the FG said was aimed at evaluating
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UI names Kayode Adebowale as 13th VC β first Ibadan man in 73 years
- October 15, 2021
- Posted by: admin
- Category: Education, Latest News
The University of Ibadan (UI) has named Kayode Adebowale, a professor of chemistry, as the 13th substantive vice-chancellor (VC) of the institution. Chief John Oyegun, former Chairman of the All Progressives Congress (APC), broke the news in a statement yesterday. Adebowale defeated the incumbent acting vice-chancellor, Adebola Ekanola, and 14 others in a keenly contested
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Buhari Assures Insurers Of Speedy Signing Of Insurance Industry Bill, Receives CIIN Grand Patron Award
- October 15, 2021
- Posted by: admin
- Category: Economy, Insurance & Pensions, Latest News
President Muhammadu Buhari yesterday in Abuja assured the insurance industry of speedy signing into law the consolidated Insurance Industry Bill 2020. The President gave the assurance during his conferment ceremony as the Grand Patron of the Chartered Insurance Institute of Nigeria (CIIN) by the Chairman and members of the Governing Council of the Institute, Sir
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CBN supports Lagos Blue Line project with N60bn
- October 14, 2021
- Posted by: admin
- Category: Economy, Latest News
The Central Bank of Nigeria said on Thursday that it had supported the Lagos State Blue railway line project with N60 billion to facilitate ease of passengersβ movement and that of businesses in the state. The Director, Development and Finance of the CBN, Mr Phillip Yusuf, disclosed during an inspection of the project, held in
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Dubai Travel: Emirates Suspends Flights To And From Nigeria Until Oct 31
- October 13, 2021
- Posted by: admin
- Category: Economy, Latest News, Marine & Aviation, Tourism
Dubai’s flagship carrier Emirates, yet today announced the extension of suspension of Nigeria flights until October 31st, 2021. According to the information on its website, βcustomers who have been to or connected through Nigeria in the last 14 days will not be permitted on any Emirates flights bound for Dubai. Affected flight bookings have been