Ports concession to generate $3.7bn revenue
May 20, 2023 The Infrastructure Concession Regulatory Commission (ICRC), said the concessioning of three ports by the Federal Executive Council (FEC) would generate 3.7 billion dollars in revenue for Nigeria….
LASG, UNDP, OTHERS LAUNCH LAGOS FLOOD RISK INSURANCE COVER
May 19, 2023 The Lagos State Government, with the support of the United Nations Development Programme (UNDP) and the Insurance Development Forum (IDF), has launched a Flood Risk Insurance project…
Nigeria’s ECA now stands at $473.754m
May 19, 2023 The Federal Government says the balance in the Excess Crude Account (ECA) now stands at 473.754 million dollars. According to a statement issued by Bawa Mokwa, the…
FAAC shares N655.932 bn among FG, states, LGCs for April
May 19, 2023 The Federation Account Allocation Committee (FAAC) has shared a sum of N655.932 billion revenue for April to the Federal Government, States and Local Government Councils (LGCs). According…
Nigeria needs $12 billion to clean up Bayelsa oil spills – report
May 17, 2023 Nigeria needs $12 billion to clean up decades-old oil spills in southern Bayelsa state over a 12-year period, a new report said on Tuesday, and singled out…
Bolt pledges €2.5m to attract female drivers in Nigeria, others
May 17, 2023 Bolt, a mobility application, has announced €2.5 million pledge to empower more women to drive with it and other ride-hailing platforms. Bolt, in a statement said that…
Ogbuku, NDDC Boss, Thanks Senate for Passing N876bn 2023 Budget
The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has expressed his gratitude to the Senate for passing the NDDC budget for 2023 on Tuesday, May…
Philips says tests on 95% of recalled devices show limited risks
May 16, 2023 Dutch medical devices maker Philips said on Tuesday that independent tests had shown 95% of its respiratory devices involved in a major global recall had shown limited…
FG inaugurates ‘NigComHealth’ to improve health sector
May 16, 2023 The Federal Ministry of Communications and Digital Economy on Monday inaugurated “NigComHealth’ platform to transform the healthcare sector in the country. The Minister, Prof. Isa Pantami, unveiled…
CBN unveils “SabiMONI” platform to promote financial literacy, inclusion
May 15, 2023 The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion. Speaking at the ceremony, the…