Derivation: Okowa Doubts Declared Funds By NNPC, Urges FG to Release Accrued Money to States
…Says oil producing states deserve more than 13 per cent derivation Governor Ifeanyi Okowa of Delta State, has expressed doubts over monies the Nigeria National Petroleum Corporation, NNPC, paying into the Federation Account, saying that most times, the states were…
FG Losing N6.5tn to Corruption in Customs – Senator Fadahunsi
…As Fadahunsi Alleges that Taskforce Customs Boss Set up Escort Smuggled Items into Nigeria The Vice-Chairman, Senate Committee on Customs, Senator Francis Fadahunsi, has said the Federal Government is losing about N6.5tn yearly because of the corrupt practices in the…
Bangladesh Receives “Best Foreign Participant Award” at Kaduna International Trade Fair in Nigeria
…Displays Export-Quality Products from Bangladesh Bangladesh High Commission in Abuja, Nigeria participated at the 41st Kaduna International Trade Fair (28 February to 08 March 2020) organized by Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA). Dr. Okechukwu Enyinna Enelama,…
Gombe Partners UNIDO on Industrialisation, Economic Diversification, Others
UNIDO Investing $60m in Nigeria By James Ezema Governor Muhammadu Inuwa Yahaya of Gombe state has assured that his administration will partner with the United Nations Industrial Development Organisation (UNIDO) in order to benefit from part of the 60 million…
WOW! African Farmers Can Export Directly Worldwide – Selina Wamucii
Now, 52% of all Purchase Enquiries on Platform from African Farmers By James Ezema African Farmers would now have direct access to buyers of their farm produce globally, says Selina Wamucii, the platform that helps businesses from anywhere in the world…
We’ll Be Africa’s Gateway to the World, Says Access Bank GMD Wigwe
Herbert Wigwe, the Group Managing Director of Access Bank, during a recent interview with Bloomberg, reiterated the Bank’s plan to be Africa’s gateway to the world and expand into 22 countries over the next five years. Wigwe discussed the Bank’s…
Access Bank Launches TraderLite for MSMEs
In its bid to stimulate the growth of the economy, Access Bank Plc has launched TraderLite, an account that enables micro businesses, with turnover of between N50, 000 to N1 million operate their businesses with their individual name or registered…
Delta Govt Warns against Killing of Protective Animals
The Delta State Government has warned against killing of protective animals. The government was reacting to a virile online video where some uninformed youths were seen dragging a captured Manatee. In a statement issued by the state Commissioner for Information,…
NDLEA Destroys 34,560 kg of Drugs, Substances in Ogun
NDLEA Destroys 34,182 kg of Cannabis Sativa, 0.0554 Kg of Cocaine, 0.0734 Kg of Heroin, 0.003 Kg of Amphetamine, 68.984 Kg of Tramadol, 271.115 Kg of Codeine, 22.108 Kg of Diazepam and 16.605 Kg of other psychotropic substances The National…
KEDC Sacks 10, for Faud, Indiscipline
As Company Reflects New 7. 5% VAT on Customers’ Electricity Bills The Kaduna Electricity Distribution Company (KEDC) says it has sacked 10 members of staff for cases of fraud and indiscipline, The Street Reporters Newspaper reports. Mr Abdulazzez Abdullahi, the…
Oil Corporation Announces 1st Gas Discovery in 3 Decades
The Sharjah National Oil Corporation (SNOC) and its partner Eni, have announced a successful new discovery of natural gas and condensate onshore in Sharjah. The discovery, named ‘Mahani’ comes within the first year of the partnership and represents the first…
