Lagos to partially close Marine Bridge for routine Maintenance
Lagos State government has announced that there will be a partial closure of the Marine Bridge to allow the Federal Government to carry out routine maintenance works on the bridge. The bridge will be closed from Monday, January 17 to Saturday, April 2, 2022, traffic outbound Apapa will be diverted to give way for contraflow […]
Adekunle Gold set to release new single titled “Mercy”
Adekunle Kosoko, popularly known as Adekunle Gold, has revealed that he would be dropping a new single. Adekunle Gold made the revelation via his Twitter handle on Saturday night stating that the single precedes his forthcoming album. The singer who in recent times has shifted from his mid-tempo alternative style to an upbeat and dance […]
Vehicle importers incur N300m daily demurrage due to VReg downtime
Clearing agents and freight operating agents at the Tin-Can Island Ports Complex, Apapa have lamented rising daily costs they incur from demurrages arising from over 3, 000 imported vehicles trapped at the port as a result of the breakdown of the National Vehicle Registration (VReg) platform created by the Federal Ministry of Finance (FMOF) for […]
FG: 2.1 million jobs were created through the implementation of ESP programmes
The Federal Government of Nigeria on Friday concluded its first Economic Sustainability Committee in 2022, which revealed that about 2.1 million jobs have been retained or created through the implementation of the ESP programs. It was also disclosed that the NSIA will fund Solar Power Naija with N10 billion as part of the 5 million household connections […]
Olubadan Installation: Ibadan Obas accept demotion to the position of High Chiefs
The Olubadan members council who were elevated to the position of Oba some years back by former governor, Abiola Ajimobi, have accepted to be demoted to their former High Chief status. On Thursday, the Obas agreed to the decision of dropping their crown after a meeting of the council that took place at the Oja’ba […]
Cooking Gas Price may fall as NLNG supplies 100% products to market
The price of the cooking gas may crash in the country as Nigeria LNG Limited decided to direct 100% Liquefied Petroleum Gas (butane and propane) produced to the Nigerian market. This was revealed in a statement by the NLNG on Thursday. According to the statement, the company said it noted that it supplied its first propane cargo into the domestic market three months […]
Qatar Airways expands operations to Kano, Port Harcourt
Qatar Airways has expanded its operations in Nigeria with the launch of four weekly flights to Kano and three weekly flights to Port Harcourt (PHC). This announcement was made on its official page. The flights are to commence from March 2, for the Kano routes and March 3, for the Port Harcourt route. Kano and […]
Rewane projects CBN will spend $8 billion defending naira in 2022
Bismarck Rewane the Managing Director of Financial Derivatives Company Ltd, yesterday, projected the Central Bank of Nigeria (CBN) will spend between $8 and $10 billion to defend the naira in 2020. This, he said, would drag the country’s gross external reserves to between $30 and $32 billion this year. The gross reserves, which resumed after […]
Organisations in Nigeria, South Africa, Kenya, others suffer 1,615 weekly cyberattacks
Firms in Nigeria, South Africa, Kenya and other parts of Africa recorded the highest volume of cyberattacks in 2021, with an average of 1,615 weekly breaches. This was disclosed by CheckPoint Software Technologies, which said it represented a 15 per cent increase from 2020. In second place is Asia Pacific (APAC) with an average of […]