Sarah NEGEDU

CBN begins Naira, Yuan currency swap

The Central Bank of Nigeria, CBN, has officially begun implementation of the Bilateral Currency Swap Agreement, BCSA, signed with the Peoples Bank of China.

The apex bank Friday, announced the flagged off its intervention in the sale of foreign exchange in Chinese Yuan, CNY, through a combinati [...]

Sat, 21 July 2018


FG, states review right of way charges for telecoms

The federal and state governments have approved a downward review of the Right of Way charges paid by telecommunication companies, to encourage investment in the sector.

With the approval, telcoms operators will now pay a token fee of N145 per metre to lay fibre cable anywhere in the country, a [...]

Sat, 21 July 2018


IPPIS: AGF assures military of hitch free enrolment

The Accountant-General of the Federation, AGF, Mr. Ahmed Idris, has assured the military that their salaries will not in any way, be affected by their enrolment on the Integrated Personnel and Payroll Information System, IPPIS, scheme.

The assurance became necessary to allay their fears about s [...]

Sat, 21 July 2018


NBS conducts survey to assess MSMEs’ impact on economy

The National Bureau of Statistics in collaboration with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, is conducting a national survey to boost economic planning and development.

According to the NBS, the survey will assess the performance of Micro, Small and Medium Ent [...]

Sat, 21 July 2018


Inside FG, Discos war over epileptic power supply

For weeks now, the federal government and electricity distribution companies operating in Nigeria have been pointing accusing fingers at each other over their roles in decelerating the actualisation of adequate power supply in the country.

While the government is insisting that the Discos are n [...]

Sat, 21 July 2018


FIRS meets 75% revenue target

The Federal Inland Revenue Service, FIRS, said it has realised 75percent of its total target for the year, which is an improvement over what was garnered at the corresponding period in 2017.

The service has realised a total of N2, 529,615,174,601.25 (Two tril [...]

Sun, 15 July 2018


Workers’ protest: vandals attack MTN installations

Critical telecommunication installations belonging to MTN Nigeria Communications Limited were recently vandalised by unidentified persons after the recent picketing of the company by members of the Nigerian Labour Congress.

Government fears that sustained att [...]

Sun, 15 July 2018


FAAC shelves 3 consecutive meetings over disagreement with NNPC

The Federation Accounts Allocation Committee meeting for May 2018 again ended in deadlock Thursday last week, making it the third consecutive time the meeting will be suspended in recent times.

The meeting which was to consider and approve [...]

Sun, 15 July 2018


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Latest posts

PhotoPolice to meet stakeholders on security challenges in Kwali

The Divisional Police Office, DPO, in charge of Kwali area council, CSP, Sabo Majidadi, has said that the division would hold security meeting next [...]

14 September 2018

PhotoThree women get 45 days imprisonment for fighting in Abuja

A Karmo Grade 1 Area Court, Abuja, on Friday sentenced three women to 45 days imprisonment for fighting and biting themselves in public.

The [...]

14 September 2018