The House of Representatives has urged the Central Bank of Nigeria, CBN, to direct banks to work on their systems to mitigate failed transactions and immediately reverse failed transactions without the customer’s prompting. The decision of the House followed the adoption of a motion moved at plenary on Tuesday by Emmanuel Ukpong–Udo. Explaining his motion,…
Senate President Goodwill Akpabio on Tuesday accused Bauchi Central Senator, Abdul Ningi, of damaging the image of the Senate. Akpabio was reacting to Ningi’s N3.7 trillion budget padding allegations. Ningi had alleged that projects worth N3.7 trillion in the 2024 Appropriation Act are not traceable. Ningi, who is the Chairman of Northern Senators Forum, alleged…
House of Representatives opposition caucus leader, Rep Kingsley Ogundu Chinda has adduced reasons 42 lawmakers endorsed a motion seeking a living wage for Nigerian workers. The Rivers State-born lawmaker, alongside 41 lawmakers across the 36 states of the federation and Abuja, had last week tabled the timely motion on living wage at plenary. Throwing more…
Recall the company issued a new price review notification to all its customers in the West Zone last month. In February, its price hike premised on rising production costs and the need to insulate the company against it. According to the report then, it was the third upward price review in a year. In a…
Office of the Special Adviser on Transportation in collaboration with the Lagos State Traffic Management Authority (LASTMA) and Lagos State Safety Commission is organizing a special stakeholders parley on transportation Safety at event centres, clubs and places of gathering in Lagos. The Special Adviser to the Governor of Lagos State on Transportation Hon. Sola Giwa…
Thank you for reading this post, don’t forget to subscribe! Operators of Small and Medium Enterprises (SMEs) and other businesses are to benefit from the $100 million being offered as new loans by the United Bank for Africa (UBA). The loans would be spread across Africa with focus on green finance projects. UBA’s Group Managing…
Kwara State Governor AbdulRahman AbdulRazaq on Monday inaugurated a multi-sectoral state working committee on food security, charging them to work with all stakeholders to ensure that people have access to affordable food. The committee comprises the Governor as the chairman; Commissioner for Agriculture and Rural Development Oluwatoyosi Adebayo Thomas; Commissioner for Local Government, Community Development…
A security operation was initiated along the Jakande Lekki/Epe Express Road after miscreants from shanties seized control of the area, causing disruptions and concerns for public safety. The Lagos State Taskforce, in its efforts to enforce environmental regulations, commenced the demobilization of illegal structures and shanties along the coastal road alignment and Jakande estate in…
President Bola Tinubu on Monday flagged off the Food Security and Agricultural Mechanization Programme in Niger State, emphasizing that his administration remains committed to ensuring food sufficiency and protecting local industries for sustainable economic growth. The project, an initiative of the Niger State government, is for the deployment of cutting-edge agricultural machinery and technology for…
With incidents of kidnapping spreading across some states of the federation, the Lagos State House of Assembly has called on Governor Babajide Sanwo-Olu to increase the personnel in the Lagos Neighbourhood Safety Corps (LNSC) to effectively assist other security agencies. The House also commended President Bola Ahmed Tinubu for his favourable disposition to the issue…
