President Tinubu Meets Chairman of Danish Shipping Giant Maersk; Secures $600 Million Investment in Nigerian Seaport Infrastructure

President Bola Tinubu has secured an investment of $600 million from Danish shipping and logistics company, A.P Moller-Maersk, to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, disclosed the decision during a meeting with President Tinubu on the sidelines of the World … [Read more…]

Minister Uche Nnaji, Enugu APC Mourn Senator Ayogu Eze

The Honorable Minister of Innovation, Science and Technology, Chief Uche Nnaji and the Enugu State chapter of the All Progressives Congress (APC) have expressed shock and sadness over the passing of Senator Ayogu Eze, who represented Enugu North Senatorial District between 2007 to 2015. During a condolence visit by the Minister to the family of … [Read more…]

Enugu: Mbah’s Administration Awards Contract to Revamp Hotel Presidential, Set to Revive Nigergas Company

The Governor Peter Mbah Administration in Enugu State Government has awarded the contract for the revamping of Hotel Presidential, a premier hotel in the heart of the state’s capital. The administration also said that it was currently perfecting the terms of agreement for the resuscitation of the state-owned Nigergas Company Limited sequel to a memo … [Read more…]

FX: EFCC arrests 34 currency speculators in Abuja

Operatives of the Economic and Financial Crimes Commission attached to the Taskforce on Currency mutilation, Dollarization of the Economy and Forex Malpractice,  have arrested 34 suspected currency speculators  for alleged foreign exchange fraud. They were arrested on Friday, April 26, 2024 in a sting operation following credible intelligence about illegal sales of dollars at the … [Read more…]

FCCPC To Review DStv, GOtv Packages New Pricing

The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price increases in MultiChoice cable subscriptions will reviewed by relevant stakeholders to ensure subscribers in Nigeria get value for their money. The Acting CEO of FCCPC, Adamu Abdullahi, spoke exclusively to Channels Television on its Dateline Abuja programme on Thursday. During the interview, he provided … [Read more…]

Gov Mbah Flags Off Another Round Of Palliatives, Cautions Against Politicisation Of Distribution

Governor of Enugu State, Dr. Peter Mbah, on Thursday, flagged off another round of the distribution of palliatives in the state, warning against the politicisation of the exercise to ensure it gets to the independent and vulnerable people across the state. Mbah, however, said that the palliatives were a quick-fix and efforts of the federal … [Read more…]

Keyamo directs suspension of operations of Dana Airline following incident 

Following a runway excursion incident suffered by Nigerian carrier, Dana Air, at the Murtala Muhammed International Airport in Lagos, yesterday, the Ministry of Aviation and Aerospace Development has ordered the Nigerian Civil Aviation Authority, NCAA, to suspend the airline until comprehensive audits on its fleet are conducted. A letter signed by the ministry’s Permanent Secretary, … [Read more…]