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Business/Economy

Kyari Bags “The Sun Man of The Year” Award

IN yet another recognition of his efforts since becoming the GMD/CEO of the NNPC, Mallam Mele Kyari has been honoured with the “The Sun Man of The Year Award”, the biggest recognition by The Sun Publishing Comapany Ltd, publishers of…

FG Scraps DPR, PPPRA, PEF, Sacks CEOs, Inaugurates New Agencies

THE Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist anymore, the Federal Government said on Monday. It also said while workers of the three agencies…

WBG Reviews $157b Support To Nigeria, Others

THE World Bank Group (WBG) has assessed its $157 billion support given to Nigeria and other developing economies to fight COVID-19 pandemic. Nigeria got $3.4 billion support from the bank in May to strengthen the economy and support recovery from…

Report: WhatsApp To Stop Working On Millions Of Phones On November 1 (Full list)

WHATSAPP will soon stop working on millions of older smartphones, UK Sun said in a report. More than 40 different smartphone models are expected to be affected, according to the report by the UK tabloid. In the report, the publication…

Banks, Schools, Markets Shut As Anambra Observes Sit-At-Home

RESIDENTS of Anambra on Monday observed the sit-at-home despite the insistence of the Indigenous People of Biafra (IPOB) that it had been suspended. Banks, markets, shops and schools refused to open while most of the workforce in the State stayed…

NNPC Weekly Review: NNPC Mulls Rebuilding Roads Under Tax Credit Scheme

THE Nigerian National Petroleum Corporation (NNPC) started its week with an engagement with critical stakeholders in a bid to find lasting solutions to the road network challenges and other lingering issues. Group Managing Director of the NNPC, Malam Mele Kyari…

Again, Yahaya Bello Goes For Another N18 Billion Naira Loan, State Assembly Secretly Approved The Loan In Speaker Lodge

AFTER forefeited N19.3 billion to Federal Government of Nigeria, Governor Yahaya Bello has directed the state Assembly for an express approval of N18 Billion Naira Loan for Infrastructural development from the Central Bank of Nigeria CBN. The sources within the…

EFCC Quizzes Ex-Governor Rabiu Kwankwaso Over Alleged Fraud

THE Economic and Financial Crimes Commission (EFCC) has grilled a former Kano Governor, Rabiu Musa Kwankwaso. Naija News reports that the questioning was in connection with an alleged mismanagement of N10billion pension cash. Some individuals had accused Kwankwaso of using…

Avoidable Labour Disputes, Threat To 2022 Appropriation Act, Sustainable Economic Plan- MINILS DG 

SERIAL disregards for collective agreements by some employers, relevant government agencies with  the attendant incessant strikes,  lockouts and loss of man-hours threaten the realization of the laudable objectives of 2022 Appropriation Act. Comrade Issa Aremu, Director General of Micheal Imoudu…

China Revitalises Uganda’s Ageing Airport To Carry More International Traffic

ON the tarmac at Uganda’s Entebbe International Airport on the shores of Lake Victoria, Chinese technicians and their Ugandan counterparts put final touches on the aprons as planes fly in and out. The 70-year-old airport, opened in 1951 by the…