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Nigeria's Currency in circulation (CIC) hits N2.81 trillion in March 2021, rising by N29 billion from the N2.78 trillion recorded in February. This was contained in the latest figures obtained from the official website of the Central Bank of Nigeria (CBN). According to the figures, March recorded the highest CIC since December 2020. The CIC…
April 19, 2021
Payment Of Funds Through Governors Violates 1999 Constitution, HOSCON Tells Buhari ...As The New Diplomat's Survey Sparks More Reactions A coalition of militant groups in the Niger Delta has threatened to breach the subsisting ceasefire accord with the federal government over the continued “unconstitutional” payment of the 13% derivation to governors of the region. This…
April 19, 2021
Executive Chairman and Chief Executive Officer (CEO) of Lee Engineering and Construction Company Limited, Chief Dr. Leemon Ikpea (the Odonlagbon of Warri Kingdom, Delta State) has been honoured with an award of excellence and recognition by Jabulani Empowerment Network, Canada (JEN Canada). JEN Canada, an advocacy and social development organization bestowed the business mogul with…
April 18, 2021
The Bayelsa State-owned Airport is set to commence flight operations following the approval of the Nigerian Civil Aviation Authority (NCAA). The NCAA Director-General, Nuhu Musa, made this announcement during the presentation of the regulatory body’s approval letter to Governor Douye Diri of Bayelsa State, at the Government House in Yenagoa. The Bayelsa International Airport also…
April 17, 2021
The Central Bank of Nigeria is set to place forex restriction on selected commodities including sugar and wheat. CBN Governor, Godwin Emefiele, stated this on Thursday in Nasarawa State during an inspection tour of the proposed $500m Dangote sugar processing facility. He said, “We are looking at sugar and wheat. We started a programme on…
April 16, 2021
Lagos, Delta, Kaduna and Ogun states topped the 2020 Internally Generated Revenue (IGR) chat in the country, a report released by the National Bureau of Statistics (NBS) has shown. NBS disclosed this on Friday, in its “Internally Generated Revenue At State Level” report for fourth quarter and full year 2020 published on its website. The…
April 16, 2021
By Tsvetana Paraskova A year after the pandemic and the disagreement within OPEC+ over supply management crushed oil prices, the industry finds itself at an all-too-familiar crossroads: Will OPEC’s bet that U.S. shale’s “drill, baby, drill” is gone forever be right this time? Analysts seem to concur that this is a safe bet, at least…
April 16, 2021
Governor Abdullahi Ganduje of Kano state, alongside business mogul, Alhaji Aminu Alhassan Dantata, among other top personalities have reconciled Dangote Group and BUA group, whose dispute over sugar production and control has been making news headlines recently. Alhaji Aliko Dangote, the Chairman of Dangote Group and Abdul Samad Rabiu who is the chairman of the…
April 16, 2021
The Federal Government, on Thursday, lifted the ban on the registration of new sim cards. This was disclosed by Minister for Communications and Digital Economy, Isa Ali Ibrahim, who added that directive will take effect from Monday, April 19, 2021. The registration of Subscriber Identification Module (SIM) cards had been suspended in December 2020 when…
April 15, 2021
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Nigeria's Currency in circulation (CIC) hits N2.81 trillion in March 2021, rising by N29 billion from the N2.78 trillion recorded in February. This was contained in the latest figures obtained from the official website of the Central Bank of Nigeria (CBN). According to the figures, March recorded the highest CIC since December 2020. The CIC…
April 19, 2021
Payment Of Funds Through Governors Violates 1999 Constitution, HOSCON Tells Buhari ...As The New Diplomat's Survey Sparks More Reactions A coalition of militant groups in the Niger Delta has threatened to breach the subsisting ceasefire accord with the federal government over the continued “unconstitutional” payment of the 13% derivation to governors of the region. This…
April 19, 2021
Executive Chairman and Chief Executive Officer (CEO) of Lee Engineering and Construction Company Limited, Chief Dr. Leemon Ikpea (the Odonlagbon of Warri Kingdom, Delta State) has been honoured with an award of excellence and recognition by Jabulani Empowerment Network, Canada (JEN Canada). JEN Canada, an advocacy and social development organization bestowed the business mogul with…
April 18, 2021
The Bayelsa State-owned Airport is set to commence flight operations following the approval of the Nigerian Civil Aviation Authority (NCAA). The NCAA Director-General, Nuhu Musa, made this announcement during the presentation of the regulatory body’s approval letter to Governor Douye Diri of Bayelsa State, at the Government House in Yenagoa. The Bayelsa International Airport also…
April 17, 2021
The Central Bank of Nigeria is set to place forex restriction on selected commodities including sugar and wheat. CBN Governor, Godwin Emefiele, stated this on Thursday in Nasarawa State during an inspection tour of the proposed $500m Dangote sugar processing facility. He said, “We are looking at sugar and wheat. We started a programme on…
April 16, 2021
Lagos, Delta, Kaduna and Ogun states topped the 2020 Internally Generated Revenue (IGR) chat in the country, a report released by the National Bureau of Statistics (NBS) has shown. NBS disclosed this on Friday, in its “Internally Generated Revenue At State Level” report for fourth quarter and full year 2020 published on its website. The…
April 16, 2021
By Tsvetana Paraskova A year after the pandemic and the disagreement within OPEC+ over supply management crushed oil prices, the industry finds itself at an all-too-familiar crossroads: Will OPEC’s bet that U.S. shale’s “drill, baby, drill” is gone forever be right this time? Analysts seem to concur that this is a safe bet, at least…
April 16, 2021
Governor Abdullahi Ganduje of Kano state, alongside business mogul, Alhaji Aminu Alhassan Dantata, among other top personalities have reconciled Dangote Group and BUA group, whose dispute over sugar production and control has been making news headlines recently. Alhaji Aliko Dangote, the Chairman of Dangote Group and Abdul Samad Rabiu who is the chairman of the…
April 16, 2021
The Federal Government, on Thursday, lifted the ban on the registration of new sim cards. This was disclosed by Minister for Communications and Digital Economy, Isa Ali Ibrahim, who added that directive will take effect from Monday, April 19, 2021. The registration of Subscriber Identification Module (SIM) cards had been suspended in December 2020 when…
April 15, 2021
