Новости за 07.08.2024

MTN Nigeria Communications Plc has acquired the 7.17 per cent minority shareholding in MoMo Payment Service Bank Limited previously held by Acxani Capital Limited, attributing it to foreign exchange loss. This was disclosed in a corporate notice filed with the Nigerian Exchange Limited on Monday. Some shareholders have noted that MTN Nigeria’s decision to acquire

The Dangote Petroleum Refinery and other domestic refineries have yet to start the purchase of crude oil in naira as directed by President Bola Tinubu. It was that the $20bn plant and other local refineries in Nigeria had yet to start buying crude oil from the Nigerian National Petroleum Company Limited in naira as instructed

After six days of holding a protest march across Osogbo, the  Osun State capital, the leadership of the Concerned Nigerian Citizens, EndBadGovernance, on Tuesday, announced the suspension of further demonstration. The state Coordinator of the group, Adetunji Ajala, told journalists in Osogbo that the decision was taken in consideration of the upcoming Osun-Osogbo festival, expected

The Abia State government has constituted a special committee to recover 180 “encumbered public schools” in the state. The head of the committee is the Chief of Staff to the governor, Pastor Caleb Ajagba, with the Commissioner for Education, Prof. Eme Uche, as secretary. Briefing newsmen on the outcome of the State Executive Council meeting

The Central Bank of Nigeria has okayed the merger of Providus and Unity Bank, as both financial institutions await the approval of the Securities and Exchange Commission. The approval by CBN signals the first merger to be approved following a mandate by the apex bank directing banks to increase their minimum capital base. Per the

The guidelines for the suspension of customs duty and taxes on imported food items are to commence next week, the Federal Government announced on Tuesday. In July the Federal Government approved a 150-day duty-free window to allow the importation of maize, husked brown rice, and wheat as part of measures to combat rising food inflation

The Nigerian Electricity Regulatory Commission has transferred the regulatory oversight of the electricity market in Oyo to the Oyo State Electricity Regulatory Commission in compliance with the Electricity Act 2023. This was contained in Order No: NERC/2024/110 issued by the commission on Tuesday, making Oyo the fifth state to receive such authority to regulate power

A renowned geologist and former professorial chair of the Petroleum Trust Development Fund at the University of Nigeria, Nsukka, Prof. Ayonma Mode, has made a groundbreaking revelation about oil and gas reserves in the Anambra basin. Mode revealed that the South-Eastern inland sedimentary basins, specifically the Anambra basin, hold an astonishing 30 trillion cubic feet

Julius Berger Nigeria Plc has announced that it contributed N4.7bn in taxes to the Federal Government in the first six months of 2023. This was disclosed in the company’s 2023 sustainability report filed with the Nigerian Exchange Limited recently. In addition to its tax payments, the company also made payments totalling N3.7bn to providers of

Nigeria has been on tenterhooks in the last one week since the commencement of #EndBadGovernance (or anti-hunger) protests on August 1, 2024. What started as a child’s play has resulted in humongous economic and social costs to the country. While the demonstrations were largely peaceful in the 17 states in southern Nigeria, it was bloody

The Presidency has told former Vice President Atiku Abubakar that the rights of assembly and freedom of expression guaranteed to citizens in the constitution are not absolute. It said the rights can be abridged in the interest of public peace. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, said this in

The Federal Government disbursed a total of N1.03tn to boost the fight against insecurity and terrorism between January and June 2024. In the budget implementation report for the first half of 2024 obtained by our correspondent through Open Treasury, a website that monitors government spending, the amount represents a disbursement rate of 42.80 per cent

Associations and operators of small businesses in Nigeria have declared that Small and Medium Enterprises across the country cannot pay the N70,000 minimum wage that was recently approved by the Federal Government. President Bola Tinubu recently approved a new minimum wage of N70,000 for Nigerian workers and pledged to review the national minimum wage law

The President of the National Council of Managing Directors of Licensed Customs Agents, Mr Lucky Amiwero, has urged the Federal Government to implement a special exchange rate for calculating import duties. Amiwero, in a position letter obtained by The PUNCH on Tuesday, stated that a stable and manageable exchange rate for import duties would stimulate

The Miyetti-Allah Cattle Breeders Association of Nigeria, on Tuesday, called on the Federal Government to suspend spending on capital projects, such as road construction, and channel available resources towards subsidising food, medicine and other essential needs in the country. MACBAN’s National President of MACBAN, Alhaji Baba Ngelzerma, made the call in an interview with the

Pan Africare, in collaboration with the Abia State government, has flagged off the distribution of anti-malaria materials to 292 ward health centres in Abia State, aimed at promoting the uptake of malaria prevention and treatment services in the state. The materials distributed include 928,116 ACTs for the treatment of malaria cases, 63,808 injectable Artesunate for

Minister of Aviation and Aerospace Development, Festus Keyamo, has lamented that many of the insurance firms in the country cannot insure many of the aircraft in the fleet of Nigerian airlines. The Minister disclosed to journalists while attending a summit in Lagos recently, that the lack of capacity and the high premiums by the insurance

No fewer than 7,000 underprivileged breastfeeding mothers living with HIV and AIDS in Nasarawa State have called on both the federal and state governments to assist them with basic sources of livelihoods in order to survive the current economic situation of the country. The lactating mothers said their inability to eat good meals due to

The Kwara State Government has placed the Healthcare on Outbreak Response Mode after confirmation of the death of a 70-year-old grandmother, her son and two other family members in the Eruda community, Ilorin in Ilorin West Local Government Area of the state after eating an Amala meal said to have been poisoned. The state Commissioner

Kamala Harris said Tuesday she was “proud” to pick Tim Walz as her running mate, opting for the Minnesota governor with blue-collar credentials as the partner most likely to boost her historic White House bid. Walz had been on a vice-presidential shortlist with a string of other Democratic figures seen as broadening Harris’s appeal as

In Ogun State, the centuries-old craft of adire fabric production, deeply rooted in the cultural heritage of Egbaland, faces a critical threat from imported Chinese imitations. Local artisans and traders, whose livelihoods depend on the authentic, handcrafted adire, are increasingly anxious about the proliferation of these inferior copies, reports BANKOLE TAIWO There is growing anxiety

The Lagos State Commissioner of Police, Adegoke Fayoade, has directed an immediate investigation into the harassment of a News Central reporter by thugs while covering a protest in the Ojota area of the state. The thugs had demanded that the reporter leave the area. According to a statement released by the state Police Public Relations

President Bola Tinubu has approved the appointment of the former Governor of Katsina State, Aminu Masari, as the chairman of the Board of the Tertiary Education Trust Fund. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, made this known in a statement in Abuja on Tuesday titled, ‘President Tinubu appoints new

Osun State Governor, Ademola Adeleke, has said a youth empowerment scheme of his administration called Imole Youth Corps, would soon be unveiled. Adeleke, who spoke on Tuesday at the stakeholders meeting of the state chapter of the Peoples Democratic Party at the Government House in Osogbo, the state capital, also revealed that the #EndBadGovernance nationwide

Human rights lawyer, Femi Falana has condemned efforts to incite chaos in the country following the #EndBadGovernance protests. During his appearance on Channels Television’s Politics Today on Tuesday, Falana stressed that Nigeria must prevent individuals from disrupting its democratic process. Many Nigerians are struggling with severe economic difficulties, making it hard to afford basic necessities.