Federal Government has approved a reduction in the pump price of PMS to cushion the effects of the Covid-19 on the economy. The new price was approved after a presentation by Minister of State for Petroleum Resources, Timipre to the ongoing meeting of the Federal Executive Council, FEC, being presided over by President Muhammadu Buhari… Continue reading FG Reduces Fuel Price to N125_Ada Nkong
Category: ECONOMY
BREAKING: Federal Government Bans All Foreign Trips For Public And Civil Servants Till Further Notice_Ada Nkong
Based on the advice from the newly inaugurated Predidential Taskforce For The Control Of COVID-19, the Federal Government has Banned All Foreign Trips For Public And Civil Servants Till Further Notice. The Task Force also adviced that Private Citizens should Cancel All Travels Abroad Until the Pandemic Abates. Details later....
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NRC to Start Hourly Train Services on Abuja-Kaduna Route_Ada Nkong
Better days are here for passengers on the Abuja -Kaduna rail as the Nigerian railway corporation says it is set to roll out hourly train services on the route.The MD ,NRC, Engr Fidet Okhiria who spoke to journalist over the weekend says new coaches have arrived to boost the service on the Abuja-Kaduna rail. "For… Continue reading NRC to Start Hourly Train Services on Abuja-Kaduna Route_Ada Nkong
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FG Restates Commitment to Reopening Akanu Ibiam Airport Before Easter_Ada Nkong
The Minister of Aviation,Hadi Sirika, has reiterated FG commitment to the reopening of the Akanu Ibiam International airport Enugu which was closed down last August for rehabilitation work on schedule.Sirika said it will be reopened for use before Easter 2020. A statement by James Odaudu, Director Public affairs says the Minister gave the commitment after… Continue reading FG Restates Commitment to Reopening Akanu Ibiam Airport Before Easter_Ada Nkong
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Jamoh Resumes at NIMASA_Ada Nkong
The newly appointed Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Yusuf Jamoh, has resumed duty as the 6th DG of the maritime regulatory Agency since the merger of National Maritime Authority with Joint Maritime Labour Industrial Council to form NIMASA. Jamoh took over from Dr. Dakuku Adol Peterside whose four-year term… Continue reading Jamoh Resumes at NIMASA_Ada Nkong
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Failed portion of Eko Bridged Closed-LASG_Ada Nkong
LASG has announced alternative routes for motorists as the Federal Controller of Works, Mr. Adedamola Kuti confirmed the closure of a section of Eko Bridge to enable rehabilitation works on worn-out bearings noticed between Alaka and Costain portion inwards Apongbon The Special Adviser to the Governor on Works and Infrastructure Engr. Aramide Adeyoye, issued a… Continue reading Failed portion of Eko Bridged Closed-LASG_Ada Nkong
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Covid-19: CBN Advocates Alternative Payment Methods_Ada Nkong
The Central Bank of Nigeria (CBN) on Tuesday advised Nigerians to adopt alternative payment methods such as electronic transfers and be wary of using ATMs or cash to stop the spread of Coronavirus. The CBN Director of Corporate Communications, Mr Isaac Okoroafor, gave the advice in a telephone interview with the News Agency of Nigeria… Continue reading Covid-19: CBN Advocates Alternative Payment Methods_Ada Nkong
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We will bridge infrastructural gap with $22.7bn loan-BMO_Femi Ehiabhi
The Buhari Media Organisation (BMO), on Sunday, lectured Nigerians on the $22.7bn loan approved by the Senate. According to the group, the approved loan will bridge the country’s infrastructure gap and launch it into the league of nations with top-class infrastructure in the shortest possible time. In a statement signed by its Chairman Niyi Akinsiju… Continue reading We will bridge infrastructural gap with $22.7bn loan-BMO_Femi Ehiabhi
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India’s Yes Bank experience run by depositors_Femi Ehiabhi
Rana Kapoor, founder of India’s Yes Bank was arrested Sunday on allegations of money laundering. His bank has been experiencing a run by depositors, amid efforts by India’s Central Bank to formulate a rescue plan for the country’s fourth-largest private lender. In a late-night move Friday, the Central Bank seized control and imposed withdrawal limits… Continue reading India’s Yes Bank experience run by depositors_Femi Ehiabhi
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