Criticisms have trailed the signing into law of the Anambra Local Government Administration Law 2024 by Governor Chukwuma Soludo, on Tuesday. Soludo had said that the law was necessitated by the fact that granting absolute autonomy to the 774 local government areas was a recipe for “humongous chaos” and wouldContinue Reading
BY GODWIN OBI The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, on Tuesday said the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11. Cardoso stated this while appearing before the House of Representatives Committee on Banking Regulation. The apex bank boss notedContinue Reading
BY GODWIN OBI Gunmen have killed five people in a fresh attack on some rural communities in Bokkos Local Government Area of Plateau State. This was confirmed in a statement on Tuesday by the Chairman of Bokkos Cultural Development Council, Farmasum Fuddang and the Secretary, Duwam Bosco. They said theContinue Reading
…Nigeria Customs’s initiative emerges as a benchmark for Customs administrations across Africa! BY GODWIN OBI Nigeria’s participation in the African Continental Free Trade Agreement AfCFTA got a boost this weekend, as the Nigeria Customs Service NCS discussed with AfCFTA the removal of existing bottlenecks, and encouraging small and medium-sized enterprisesContinue Reading
Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola (left), with the Director General, Infrastructure Concession Regulatory Concession, ICRC, Dr. Jobson Oseodion Ewalefoh during a courtesy visit by the ICRC management to the NIMASA headquarters in Lagos. …As ICRC DG affirms readiness to Partner with NIMASA in DevelopingContinue Reading
BY JAMES AKINOLA, CHIGOZIE EZEH The Independent Petroleum Marketers Association of Nigeria is poised for talks with Dangote Petroleum Refinery between Tuesday and Wednesday to finalise agreements on the cost and lifting of petrol from the plant. It was learnt on Sunday that the Petroleum Retail Outlet Owners Association ofContinue Reading
BY GODWIN OBI,EFE MODESTUS International bilateral electricity customers in Benin Republic and Togo owe Nigeria $5.79m for the energy consumed in the second quarter of 2024. The Nigerian Electricity Regulatory Commission revealed this in their latest second-quarter 2024 report analysed by our correspondent on Sunday. Out of the $15.60m invoiceContinue Reading
•Top bank chairmen, business moguls affected, NAMA gets list of affected planes BY GODWIN OBI The Nigerian Customs Service, will on Monday (today) ground over 60 private jets owned by very important persons in the country over unpaid import duty running into several billions of naira, Frontline Reporers can authoritativelyContinue Reading
BY GODWIN OBI The Federal Government says it has adopted 88 international standards for Compressed Natural Gas products to bolster the ongoing rollout of various CNG initiatives across the country. It said this procedure will ensure a smooth implementation of CNG systems in vehicles and to ensure the use ofContinue Reading
BY GODWIN OBI Air Peace has denied any wrongdoing by its Chairman and Chief Executive Officer, Dr. Allen Onyema, and Chief of Finance and Administration, Mrs. Ejiro Eghagha, who have been charged by the United States for alleged obstruction of justice. A statement released by the US Attorney’s Office saidContinue Reading