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Zulum has implemented N30,000 minimum wage in Borno-NLC

Zulum has implemented N30,000 minimum wage in Borno-NLC

BY INUSA NDAHI, MAIDUGURI The Nigeria Labour Congress, NLC on Friday confirmed that workers in Borno state have mostly received their salaries for January 2020 with a new N30,000 minimum wage of increase implemented by Governor Babagana Umara Zulum. Chairman of the NLC in Borno State, Comrade Bulama Abiso gave the confirmation in a message he personally conveyed to the ... Read More »

Magu vows to secure Diezani’s extradition

Magu vows to secure Diezani’s extradition

The Acting Chairman, Economic and Financial Crimes Commission has vowed that a former minister of Petroleum, Diezani Allison-Madueke will be extradited before the end of the year to face corruption charges. He also accused the anti-graft agencies, international partners, especially in the United Kingdom of giving what he described as undue protection to the former minister. Magu spoke on Wednesday ... Read More »

US Plans to Add Nigeria, Others on Travel Restrictions

US Plans to Add Nigeria, Others on Travel Restrictions

The United States government has revealed its plans to add seven countries to a group of nations subject to travel restrictions, including Nigeria. Accordingly to the Wall Street Journal (WSJ), some countries could be banned from participating in the diversity visa lottery programme, which awards green cards to people in countries with low levels of immigration to the US. It added ... Read More »

Zulum Approves N100m For Borno Workers’ Health Scheme

Zulum Approves N100m For Borno Workers’ Health Scheme

By Inusa Ndahi, MAIDUGURI Borno State Governor, Professor Babagana Umara Zulum has approved the sum of N100 million as counterpart funding to the newly established Borno State Contributory Healthcare Management Agency (BOSCHMA). The approval of the sum was announced by the Governor when the Executive Director, National Primary Health Care Development Agency (NPHCDA), Dr. Faisal Shuiabu paid him a courtesy ... Read More »

Nigeria, UK Investors Sign N153.4bn Trade Deals

Nigeria, UK Investors Sign N153.4bn Trade Deals

Twenty one African countries, including Nigeria, met in London yesterday for the inaugural UK-Africa Investment Summit, which attracted African leaders, UK and African businesses, international institutions and young entrepreneurs. At the summit, attended by a Nigerian delegation led by President Muhammadu Buhari, Nigeria and the United Kingdom (UK) investors, signed business deals worth over £324 million (N153.4) billion that will ... Read More »

Boko Haram: Zulum travels to Chad, meets multinational forces, LCBC

Borno Governor, Professor Babagana Umara Zulum on Monday paid visit to headquarters of the Multinational Joint Task Force in N’Djamena, capital of the republic of Chad. The forces, mostly military personnel from Chad, Cameroon, Niger and Nigeria, all countries in the Lake Chad region, have been deeply involved in fighting boko haram in the shores of the Lake Chad, part ... Read More »

Why we cut Maiduguri from national grid-TCN

Why we cut Maiduguri from national grid-TCN

The Transmission Company of Nigeria (TCN) yesterday disclosed that Maiduguri, the capital of Borno State has been cut off from electricity supply from the national grid. TCN in a statement from its General Manager, Public Affairs, Mrs. Ndidi Mbah explained that supply to Maiduguri and its environs were cut off because the insurgent group, Boko Haram damaged a number of ... Read More »

We are excited that Dangote Refinery is in Lagos-Sanwo Olu

We are excited that Dangote Refinery is in Lagos-Sanwo Olu

Governor of Lagos state, Babajide Olusola Sanwo-Olu has described as “exciting” the decision of the Dangote Group to site its petroleum, fertilizer and petrochemical company in Lagos. The governor said the decision is to the advantage of the state and will lead to real growth and development in the Lekki area and the state in particular. In a chat with ... Read More »

Why I converted Bayelsa Governor’s lodge to hotel-Dickson

Why I converted Bayelsa Governor’s lodge to hotel-Dickson

Bayelsa State Governor, Mr Seriake Dickson saturday explained his decision to convert his official residence to a five-star hotel, noting that it was designed to make the state first investment destination across Africa. He, thus, warned against truncating his legacies, saying those without vision would not easily grasp how he managed to transform Bayelsa in the last couple of years, ... Read More »

TCN: We Cannot Guarantee Stability of National Power Grid Now

TCN: We Cannot Guarantee Stability of National Power Grid Now

The Transmission Company of Nigeria (TCN) has said that it could not guarantee the stability of Nigeria’s electricity grid at the moment because it did not have the spinning reserves to prevent its total collapse whenever there were typical system disturbances. The national grid on Thursday collapsed and reportedly left most parts of the country in total darkness for long ... Read More »

20 Years of Democracy in Nigeria: Strengths, Weaknesses and Opportunities” by H.E.Senator Kashim Shettima

20 Years of Democracy in Nigeria: Strengths, Weaknesses and Opportunities” by H.E.Senator Kashim Shettima

“20 Years of Democracy in Nigeria: Strengths, Weaknesses and Opportunities”, Draft of Keynote Address by H.E Senator Kashim Shettima, Guest Speaker, 17th Daily Trust Annual Dialogue; January 16, 2019, Abuja, Nigeria. Ladies and gentlemen, for an honour I will cherish for the rest of my existence, I was invited to lead another conversation at the annual Daily Trust Dialogue, the ... Read More »

90,000 Youths to Benefit from Access Bank’s CSR Initiative

90,000 Youths to Benefit from Access Bank’s CSR Initiative

Access Bank Plc’s retail banking division is embarking on a corporate social responsibility (CSR) project that will impact over 90,000 youths across the country A statement explained that Project L.E.A.D (Leadership, Enterprise, and Academic Development) as it is fondly called, is carried out in partnership with Revamp Africa Foundation (formerly Project Revamp Africa), a non-profit organisation focused on youth development ... Read More »

Kwara Zone Customs Generates N568.8m

Kwara Zone Customs Generates N568.8m

By Adeniyi Adedeji, Ilorin The Nigerian Customs Joint Border Drill ‎Operations in the North Central Zone stationed in Ilorin has made seizure of banned items with duty paid values of N568, 763,380 within five months. Briefing newsmen in Ilorin yesterday, the Custom Zonal ‎Coordinator, Comptroller Mohammed Uba Garba said the Custom’s Drill Operations was established on August 20, 2019 as ... Read More »

Nigeria’s Entrepreneurs Key to Africa’s Prosperity – U.S. Consul General

Nigeria’s Entrepreneurs Key to Africa’s Prosperity – U.S. Consul General

U.S. Consul General, Claire Pierangelo, has reiterated the importance of Nigeria’s entrepreneurs to the continued growth of economies in the West African sub-region and the prosperity of the continent. Speaking at a one-day capacity-building seminar for the first cohort of U.S. sponsored Tony Elumelu Foundation alumni, Ms. Pierangelo noted that population trends in Africa’s largest economy will not only mean ... Read More »

Alternative fuel at N97 per litre coming-Sylva

Alternative fuel at N97 per litre coming-Sylva

AN alternative source of fuel that will be cheaper than the N145 per litre of petrol is in the works, the government said on Thursday. According to Minister of State Petroleum, Timipre Sylva, the Compressed Natural Gas (CNG) will cost between N95 to N97 per litre, to make fuel more affordable. Sylva, also assured that the much-awaited Petroleum Industry Bill ... Read More »

Access Bank Splashes Over N50 Million To Customers In DiamondXtravaganza Draw

Access Bank Splashes Over N50 Million To Customers In DiamondXtravaganza Draw

Access Bank Plc has splashed over N50 million to about 1,044 customers in its DiamondXtravaganza Season 11 reward promo aimed at enhancing savings culture. Mr Robert Giles, the bank’s Head, Retail Products, said at the reward ceremony on Wednesday in Lagos that the initiative was introduced in 2008 to boost savings culture and financial inclusion. Giles said that the Diamondxtra ... Read More »

Alleged N33b Fraud: Witness Exposes Mompha’s Illicit BDC Operations 

Alleged N33b Fraud: Witness Exposes Mompha’s Illicit BDC Operations 

 By: Owolola Adebola The fourth prosecution witness, (PW4), Enu Matthew Obun, in the trial of Ismaila Mustapha, better known as Mompha on Wednesday, January 15, 2020, told a Federal High Court, Ikoyi, Lagos, presided over by Justice Abdullahi M. Liman that the suspected internet fraudster ran an illegal bureau de change with his company, Ismalob Global Investments Limited. The Economic and Financial Crimes Commission, EFCC is prosecuting ... Read More »

Elemelu, Abdulsamad Rabiu, Toyin Sanni, others to attend largest international gathering of African private sector

Elemelu, Abdulsamad Rabiu, Toyin Sanni, others to attend largest international gathering of African private sector

Capitalism for everyone: The Mauritius Commercial Bank Ltd (MCB) join forces with the AFRICA CEO FORUM to rethink the role of Africa’s private sector ABIDJAN, Ivory Coast, January 14, 2020/ — The eighth edition of the largest international gathering of the African private sector will be held on 9 to 10 March 2019 in Abidjan, Côte d’Ivoire; With the role of capitalism ... Read More »

Marine Setting Pace for Prosperous Nigerian Economy, Says SIFAX Vice Chairman

Marine Setting Pace for Prosperous Nigerian Economy, Says SIFAX Vice Chairman

The numerous transformative initiatives introduced in the maritime sector by the Nigerian Maritime Administration and Safety Agency (NIMASA) have established a standard that other sectors have to follow in the drive for national economic prosperity over the next decade.  Group Executive Vice Chairman of SIFAX Group, Dr. Taiwo Afolabi, stated this on Tuesday in Lagos ahead of the Maritime Industry Awards ... Read More »

Kaduna seals Keystone, FCMB banks over N294.8m taxes

Kaduna seals Keystone, FCMB banks over N294.8m taxes

The Kaduna State Internal Revenue Service (KDIRS) on Tuesday sealed off Keystone Bank and First City Monument Bank (FCMB) branches in Kaduna metropolis over unremitted taxes. The banks, according to the revenue agency, were closed for failure to remit taxes accrued to the tune of N294.85m to the state government agency. The banks’ branches at Bank Road, Ahmadu Bello Way, ... Read More »