President Muhammadu Buhari today received the report of the Revenue Mobilization Allocation and Fiscal Commission, RMAFC, which contains the new revenue formula for the country. The President however said he would await the final outcome of the constitutional review process before presenting the report to the National Assembly for enactment. The last review of the…
Chamber of Commerce Accuse Police Commissioner of Contempt Oloyede Emmanuel Kano The Vice President, Kano Chamber of Commerce, Industries, Mines and Agriculture, KACCIMA, Ambassador Usman H Darma has threatened to institute a contempt proceeding against Kano state Commissioner of Police and 4 other defendants for refusing to comply with Court Injunction in the Chamber Leadership…
The management of Nigeria Export Processing Zones Authority(NEPZA) has concluded plan to nip in the bud emerging traffic gridlock arising from the operations of Pinnacle Oil & Gas FZE, one of the Free Zone Enterprises (FZE) registered in Lekki Free Zone. The Managing Director of the Authority, Prof Adesoji Adesugba made this known on Monday…
Flour Mills of Nigeria PLC, a leader in the Fast-moving consumer goods (FMCG) recently passed the PECB ISO 27001certification audit for its Information Technology (IT) and cybersecurity framework and policies. This certification has placed Flour Mills of Nigeria PLC as the foremost Nigerian firm in the FMCG sector to be presented with such a certification….
– Efforts to combat criminal pirates in the Gulf of Guinea got a boost as Obangame Express 2022 drew participation of 32 nations. This year, eight medical personnel participated across the five exercise zones in western Africa. In Senegal, the team shared critical care techniques to members of the Senegalese Navy aboard the Senegalese patrol…
A Civil Society Organisation, Conscience Nigeria has asked President Muhammadu Buhari to sack the Governor of Central Bank of Nigeria, Godwin Emefiele, for sponsoring his Presidential ambition with CBN funds. The groups stated that it is an open fact that naira was ₦170 against the dollar before Mr Emefiele’s emergence as the Governor of CBN….
LADOL Integrated Logistics Free Zone Enterprise – LADOL reach definitive settlement and Reaffirm their Partnership After over three (3) years of dispute, Samsung Heavy Industries (SHIN) Nigeria Limited and LADOL Integrated Logistics Free Zone Enterprise (LADOL) have executed a settlement that resolves the historic and outstanding issues currently before the Nigerian and international courts to…
The Inspector-General of Police (IGP) Usman Alkali Baba, on Thursday, said his leadership of the Nigeria Police Force has zero tolerance for the abuse of the rights of journalists and other citizens, and that it would clamp down heavily on erring officers. The IGP told a visiting team from the International Press Institute (IPI) Nigeria, that…
Gita Gopinath, the IMF’s first deputy managing director, says that currencies other than the US dollar may start to dethrone other currencies. In one of the interviews with the Financial Times, IMF’s top official Gita made this statement. The ongoing Russia – Ukraine war has paved the way for fragmentation in the global financial system….
The Computer Security Incidents Response Team (CSIRT) set up by the Nigerian Communications Commission (NCC) for the telecoms sector, has discovered two new separate cyber threats targeting Windows Platforms and a particular kind of routers respectively. The discoveries were made known in two separate advisories released by the cyber-space protection team earlier this week.The first…
