BY GODWIN OBI The House of Representatives has issued a 14-day ultimatum to Dangote Cement, Bua Cement, Lafarge Cement, Asaka Cement, and Eagle Cement to appear before its joint committee and make their submissions on the arbitrary increment of cement prices in Nigeria. The Chairman House Committee on Solid Minerals,Continue Reading
BY GODWIN OBI The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC) This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in AbujaContinue Reading
BY GODWIN OBI The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department, Hassan Mahmud, the apex bank said oilContinue Reading
BY GODWIN OBI TECHNICAL fault with his aircraft has forced the Vice President, Senator Kashim Shettima, to make a detour from proceeding to represent President Bola Tinubu at the 2024 US-Africa Business Summit in Dallas, Texas. A statement issued on Monday by the Senior Special Assistant to the President onContinue Reading
Police BY GODWIN OBI NO fewer than five women from Oteri community are currently in a critical state at the Central Hospital, Ughelli as police attached to the Ughelli Area Command allegedly opened fire on protesting women in Ughelli North Local Government Area of Delta State. The protesters armed withContinue Reading
BY GODWIN OBI Bandits have killed six persons when the assailants attacked the Ambe community of Sanga Local Government Area, Kaduna State, on Sunday night. The spokesman of the Kaduna State Police Command Mansir Hassan confirmed the incident to Channels Television, saying that one suspect has been arrested in connectionContinue Reading