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FG slashes petrol price to N123.5 per litre: Current petrol price indicates a reduction of N1.5 on every litre of petrol purchased nationwide. It announced the reduction through the Petroleum Products Pricing Regulatory Agency, after a whole day meeting with [...]
The Central Bank of Nigeria and the private sector, led by Aliko Dangote Foundation and Access Bank, have set up a coalition aimed at raising N120bn towards the fight against COVID-19 in Nigeria. The Governor, Central Bank of Nigeria, Mr [...]
OBY Ezekwezili, former Minister of Education says she was not surprised at the crash of oil prices to $30 per barrel at the international market due to the outbreak of COVID-19. Ezekwezili while reacting to lamentations by other Nigerians over [...]
Limpopo developer, Jeff Shibani, better known as G-boy, says his data-friendly messaging app will soon be available for download . LIMPOPO – The US’ ban of Huawei users unable to use the Android mobile operating system, inspired 34-year-old Jeff Shibani [...]
The Federal Government has given reasons why beneficiaries of its youth empowerment programme, N-Power have not been paid their monthly stipends. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, explained that the delay in paying N-Power beneficiaries [...]
Nigeria will continue to lose over $6b yearly to cash economy if the Federal Government fails to urgently address prevailing challenges that are hampering the nation’s transition to a digital economy. Stakeholders in the financial and technology sectors are deeply [...]
Some stakeholders in the power sector, yesterday, expressed serious worry over a bill at the National Assembly aiming to criminalise estimated billing of electricity consumers by distribution companies, stressing that the proposed law will not work. The industry players, who [...]
Two safety agencies of Lagos State Government on Monday discovered five containers laden with rotten fish and other edibles in Apapa area of the state. The Hope For Nigeria Online learnt that the shocking discovery was made during a site [...]
President Muhammadu Buhari on Monday engaged the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in a closed-door meeting. The meeting, which held at the President’s office within the State House, Aso Villa, started around 11.30 am. Hope [...]
Scio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information (FoI) request to Zainab Ahmed, Minister of Finance, Budget and National Planning, asking her to urgently provide information on the total amount of money paid to contractors from [...]
Nigeria has moved up 15 place on the World Bank’s Ease of Doing Business Index, ranking 131 globally. The global institution made this known in its report released in the early hours of Thursday. A comparison of business regulation in [...]
A total of N600.39 million was budgeted for the National Arts Theatre in the 2020 Appropriation Bill despite the Central Bank of Nigeria (CBN) and the Bankers’ Committee obtaining Federal Government’s approval to take over the cultural landmark. New Telegraph [...]
Minister of Aviation, Senator Hadi Sirika said on Tuesday that he will be relocating his office to the Akanu Ibiam International Airport in Enugu temporary to directly supervise the rehabilitation of the airport which he said will be completed before [...]
The House of Representatives Committee on Niger Delta has received the 2020 budget of the Ministry of Niger Delta Affairs with a commitment to work on grey areas and pass a budget that will impact on the lives of the [...]
Last week, the Governor of Lagos State, Babajide Sanwo-Olu, announced that his government had donated over 800 new buses to the BRT operator in the state. This is the second time the State government would be using public funds to [...]
Hope For Nigeria Online reports that the governor of Ekiti State, Dr. Kayode Fayemi, said that his administration was in partnership talk with Dangote, Coscharis and Stallion Group Industries Limited to set up a rice mill in the state. The [...]
The Federal Government says it is partnering the Russian government to revive Ajaokuta Steel Company. Minister of Mines and Solid Minerals Development, Mr Olamilekan Adegbite, disclosed this at an interactive session with Senate Committee on Solid Minerals, Mines, Steel Development [...]
Reston Tedheke: In 2017, when President Muhammadu Buhari sent Vice President Yemi Osinbajo to the Niger Delta to quell the rising tension in the region he didn’t know that he was not only creating the bedrock to a stable economy [...]
The Chairman, House of Representatives Committee on Legislative Compliance, Mr Dennis Idahosa, has commended the Federal Government and organised labour over the peaceful resolution on the full implementation of the new minimum wage. NAN reports that Idahosa, who gave the [...]
New Minumum wage: The President, Nigeria Labour Congress (NLC), Dr. Ayuba Wabba, has described as mere speculation, reports of agreement to a 20 per cent and 13.5 per cent consequential adjustments for workers on Grade Levels 7-14 and 15-17 respectively. [...]
An official has disclosed that the federal government is working on how to disengage over 200,000 N-Power beneficiaries. According to reports, the president’s senior special assistant on social investment, Maryam Uwais, during an interview with NTA, said she is discussing [...]
The Federal Government Monday announced a total ban on the importation and exportation of goods through the land borders nationwide. It was gathered that the decision was in furtherance of the on-going joint border operation, tagged, Exercise Swift Response. Hope [...]
The Nigerian government, between 1999 and 2010, reportedly spent over N4.7 trillion on power, but the country remained in darkness. Eight years later, Jonathan and Buhari administrations invested another N1.164 trillion into the sinkhole through capital releases, but homes and [...]
Malawian Teen Taught Himself How To Build A Windmill From Junk Get this boy in a prominent position, make him famous, let him inspire! We are joining a call from Anonymous who posted a very simple message, they say the [...]
Ikara local government council of Kaduna state has commenced payment of N30,000 minimum wage to his workers from 4th October, 2019. The chairman of the council, Hon. Ibrahim Salihu Sadiq, disclosed this in a statement signed by his Special Adviser [...]
Customs seize N276 million goods in Bauchi Operatives of the Nigeria Customs Service, Federal Operations Unit, Zone D, Bauchi, have seized contraband goods valued at N276, 698, 800 between January and September, 2019. The Comptroller, Federal Operations Unit, Zone D, [...]
SIM Registration: The Nigerian Communications Commission (NCC) has said that registration of new Subscriber Identity Module (SIM) cards will now require the presentation of the National Identity Number (NIN).NCC, which said the enforcement of the new rule takes effect soon, [...]
Despite the threat by the organised labour that it could not guarantee industrial peace if the Federal Government failed to meet its demand on the implementation of the new minimum wage by the close of work on October 16, 2019, [...]
Despite efforts by the Nigerian government to focus on agriculture and make it a mainstay of the Nigerian economy, Nigerian banks gave only 4.20 per cent of their total loans to the sector in the second quarter (Q2) of this [...]
Nigeria’s Minister of Labour and Productivity, Dr Chris Ngige, has said that the N30,000 new Minimum Wage is “a reality”, asserting that the Federal Government has commenced payment of the new wage to workers at the lower cadres of the [...]
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