NewsReports

.NATCOMS, subscribers seek one-month extension. After disconnecting over 12 million telephones lines from their networks due to National Identity Number (NIN) and Subscriber Identity Module (NIN-SIM) linkage irregularities and failure of affected customers to comply with the February 28 deadline issued by the Nigerian Communications Commission (NCC) for completion of the process, telecommunications operators may incur about N83.3 billion loss …

…Says: ‘Nigeria must focus on production, discourage dollarization of nation’s economy’ Edo State Governor, Mr. Godwin Obaseki, has warned of tougher economic times for the country due to bad economic policies by the Federal Government, condemning the decision of the Central Bank of Nigeria (CBN) to increase the interest rate to 22.75 percent. The Monetary Policy Committee (MPC) of the …

Nigeria police have beefed up security at the warehouses belonging to the National Emergency Management Agency nationwide following the looting of food warehouses in the Federal Capital Territory, Abuja, on Sunday, by suspected hoodlums. This was as soldiers foiled an attempt to raid a factory warehouse at the Idu Industrial District, Jabi, Abuja, on Sunday morning, arresting five of the …

Some residents of the Federal Capital Territory on Sunday looted a warehouse reportedly belonging to the National Emergency Management Agency over the current economic hardship across the country. The PUNCH learnt that the warehouse is situated in the Phase 3 Region of the FCT area of Abuja. In a viral video on X (formerly Twitter), the voice of a man …

By Erasmus Ikhide Oshiomhole’s disingenuous outing was like watching a slow-motion movie with its tormenting turns and tragic somersaults. His near vocal collapse, the muttering of disjointed and incoherent hate verbiage against the Esan people, few minutes after his candidate’s total rejection by President Bola Ahmed Tinubu, at the State House Conference Hall, signposted Oshiomhole as a pathetic slim and …

By Eben Enasco With the surge in price of food commodities in the Nigeria going beyond consumers’ reach, Oredo Government Council Chairman Dr. Tom Obaseki has concluded plans to enhance the availability, and affordability of such items for residents. Dr. Tom Obaseki who made the statement on Thursday, during a stakeholders’ meeting with farmers of Oredo Government Council origin held …

By Eben Enasco Oredo Government Council has unveiled the project Clean and Green Oredo (CGO), an initiative aimed at expanding environmental policy and waste reduction footprint across the city. The 5-day clean-up exercise themed; “Beat Plastic Waste” is to commence on Monday, March 4, 2024, where enforcers are expected to be positioned at strategic places within the council to ensure …

The Nigeria Labour Congress (NLC) has accused President Bola Tinubu of playing politics while millions of Nigerians suffer from hunger and insecurity due to government policies. The NLC, the largest amalgamation of labour unions in Nigeria, also said it is troubled by President Bola Tinubu’s recent statement that the labour union lacks the moral ground to challenge his government since it openly …

The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change operators in the country. The bank disclosed this Friday through a statement signed by the acting Director, Corporate Communication, Sidi Hakama. The bank said the affected institutions failed to pay for licence renewal, submit returns or comply with CBN directives on anti-money laundering, countering financing of …

•First cargo to arrive next week Dangote Refinery has ramped up its stock of imported crude oil from the United States as a second cargo left the American waters for Nigeria on Friday. A second shipment of US light sweet crude oil was headed to Nigeria on Friday for delivery to Dangote Refinery, according to a trader and ship tracking …