Nigeria said it may consider resorting to the policy of reciprocity against the United States on visa restriction imposed on its citizens, The Nigeria Immigration Service (NIS) Comptroller-General, Mohammed Babandede, said this while explaining the new visa policy that was launched by President Muhammadu Buhari earlier in the year, noting that the new Nigerian visa […]
Read MoreFollowing the Appeal Court decision to reverse the decision to deregister some political parties, the Independent National Electoral Commission (INEC) said it’s ready to challenge the ruling of the appellate court at the Supreme Court. In its response to the judgment of the appellate court, INEC said it will seek the verdict of the apex […]
Read MoreThe German power firm, Siemens AG is expected to help Nigeria upgrade 105 power substations and construct 70 new ones across the country as part of the multilateral deal between the federal government, the government of Germany and the company. President Mohammadu Buhari recently approved the release of funds for the first part of Phase […]
Read MoreAs the world gradually reopening the international airspace for traveling between countries, some airlines are now asking travelers to present Coronavirus test certification before they are allowed to board flights to their destinations. The demand for covid-19 test certificate is one of the measures adopted by the aviation industry to steam the spread of the […]
Read MoreThe Paris Club has granted Zambia eight months debt repayment moratorium between May and December 2020 under its Debt service suspension Initiative (DSSI) to help it resolve issues around coronavirus pandemic. In a statement by the Paris Club of creditors, the initiative will help the Republic of Zambia to improve debt transparency and debt management. […]
Read MoreFMDQ Securities Exchange on Monday said the new Companies and Allied Matters Act 2020 singed into law by President Muhammadu Buhari last week would reposition Nigeria as a compelling destination of capital. Bola Onadele, FMDQ Group Chief Executive Officer, said in Lagos that the country’s financial market and the economy would receive the long-awaited boost […]
Read MoreThe Nigeria naira currency on Monday weakened against the dollar on the Investors’ & Exporters (I&E) FX Window by 0.13 percent to N385.50 to the dollar on low dollar turnover and huge demand for hard currency. However, the currency was firmed on the Central Bank of Nigeria (CBN’s) window to N379 to the dollar from […]
Read MoreThe amount remitted to the federation accounts by the country’s state-owned oil company, the Nigerian National Petroleum Corporation (NNPC) in May fell 26.17 percent to N161.8 billion from N219.16 billion remitted in April, the corporate said in a report on Monday. The amount remitted by the corporation, however, was higher than the N147.15 billion remitted […]
Read MoreOyo State Governor, Seyi Makinde on Monday sacked his Commissioner for Works, Infrastructure, and Transport, Raphael Afonja, from his position and approved the redeployment of two commissioners. In a letter dated August 10, signed by the Secretary to the State Government, Olubamiwo Adeosun and a separate memo, the governor said the termination of appointment and […]
Read MoreA Federal High Court sitting in Abuja has struck out a case to probe the operations of the Nigerian Sovereign Investment Authority (NSIA) and the suspension of its chief executive officer, Uche Orji from office. The ruling was sequel to the withdrawal of the case by an Abuja based lawyer, Johnmary Jideobi who had filed […]
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