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The pre-export requirements recently introduced by the Central Bank of Nigeria is currently frustrating the export of goods from Nigeria to other nations, exporters declared on Wednesday. Speaking under the aegis of the Network of Practicing Non-oil Exporters of Nigeria, they stated that the electronic Nigeria Export Proceed Form being required by the bank … [Read more…]
The Corporate Affairs Commission on Monday announced a revenue generation of N19bn for its 2020 fiscal year. It also announced a total remittance of N2.7bn to the consolidated revenue account of the Federal Government. The Registrar-General, CAC, Garba Abubakar, told journalists in Abuja that the commission had also settled all its tax obligations, … [Read more…]
Twenty-two gold miners have been trapped underground for nearly two days after an explosion in a mine under construction in eastern China. The blast occurred on Sunday afternoon at a mine in a town near Qixia city in eastern Shandong province, authorities wrote in a social media post. The explosion badly damaged the … [Read more…]
A Chief Magistrate Court sitting in Abuja has granted bail to Sahara Reporters’ publisher, Omoyele Sowore in the sum of N20m. Four other activists, who were arrested with Sowore on New Year’s Eve in Abuja for holding a protest against bad governance, were also granted bail in the sum of N1m each. Sowore … [Read more…]
Conference of Nigerian Elders (CONES) has warned that the insecurity situation in the country would cost President Muhammadu Buhari and the All Progressives Congress (APC) the 2023 elections. The group, in a statement, yesterday, by its representatives, Tunde Banjo, Achike Nwachukwu and four others, said security of lives and property was deteriorating daily and expressed shock … [Read more…]
The Department of State Services has warned about a plot by some elements working with external forces to incite religious violence across the country. It stated that the masterminds planned to foment religious crises in Lagos, Sokoto, Kano, Kaduna, Plateau, Rivers, Oyo, and in the South East. Part of the plans, according to … [Read more…]
The Lagos State Government has shut down Airport Bridge at Toyota on the Oshodi-Isolo Expressway over a recent tanker fire that affected the bridge. The state Commissioner for Transportation, Dr Frederic Oladeinde, in a statement he personally signed on Sunday, said the closure of the bridge to vehicular movement was to enable the … [Read more…]
All Progressives Congress (APC) in Delta has declared its readiness to win future elections in the state, beginning with the March 6 local government elections. The party said it was poised more than ever before to sack the Peoples Democratic Party (PDP) from Government House, Asaba in the 2023 general election. Chairman of … [Read more…]
Pope Francis’ personal doctor Fabrizio Soccorsi has died from COVID-19 related complications, the Vatican’s newspaper, L’Osservatore Romano, said at the weekend. Soccorsi was appointed in 2017. He was 78. The deceased was hospitalised in Rome on December 26 2020 for a previous oncological disease. It’s unclear when he was last in direct … [Read more…]
Branches of the Academic Staff Union of Universities on Sunday assessed COVID-19 protocols in the universities and said the institutions were not ready for safe reopening. The chapters of the union, in separate interviews with The PUNCH, commented on the directive of the National Universities Commission that universities could resume on January 18, but must … [Read more…]
The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears to have triggered a return to petrol subsidy era, ’FEMI ASU reports Since November 13, 2020 when the pump prices of Premium Motor Spirit … [Read more…]
Lagos lawyer Femi Falana’s wife, Mrs Funmi Falana, on Sunday said the president, Major General Muhammadu Buhari (retd.), and the 36 state governors should resign from office if they were helpless on the insecurity in the country. Falana, who is also a human rights activists, said governments had failed on security and something needed to … [Read more…]