Business

Keyamo says there is ‘no turning back’ on a cashless system. airport policy

Minister of Aviation and Aerospace Development, Festus Keyamo, said on Friday that the Federal Government will continue its cashless policy at the country’s airports. Keyamo said this during a direct assessment of the government’s newly adopted hybrid payment system at the Nnamdi Azikwe International Airport, Abuja. This hybrid payment was adopted following President Bola Tinubu’s directive to end the full …

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Customs intercepts 222 explosives manufacturing compressors, goods worth ₦478 million in Kwara

Aishah Waliyullah The Nigeria Customs Service (NCS), Kwara Area Command, on Wednesday seized 1,907 items, including 222 compressors, reportedly used in the manufacture of explosives, in a major security crackdown. The haul also included 1,107 bags of foreign parboiled rice, 14 vehicles, 317 jerrycans of Premium Motor Spirit (PMS), 120 bags of illegally mined lithium ore, used clothing, tires and …

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FAAC disburses $1.894 trillion to FGs, States and LGs as February allocation

The Federation Accounts Allocation Committee (FAAC) on Friday shared the sum of 1.894 trillion naira as revenue of the federation to federal, state and local councils. This was made known in a statement signed by the Director (Press and Public Relations), Bawa Mokwa, after the FAAC meeting in Abuja. The total distributable revenue of N1.894 trillion comprised statutory distributable revenue …

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Tinubu appointed GTB co-founder to lead the oil reform task force

The President also appointed one of the founders of Guaranty Trust Bank (GTB), Mr Fola Adeola, as chairman of the task force. READ ALSO: Tinubu urges representatives to be alert to abuses in state police plans This was revealed by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, in his statement, Friday, in Abuja. He said the task …

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Tinubu establishes Presidential Task Force on Petroleum Reform and Value Optimization – THISAGE

President Bola Ahmed Tinubu has approved the establishment of a Presidential Task Force on Petroleum Reform and Value Optimization to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector. Fola Adeola, co-founder of Guaranty Trust Bank and founder and president of the Fate Foundation, is the chair of the Task Force. As president, he will coordinate …

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Alleged $100 Million Fraud Investigation: ‘I Deserve a Medal, Not Blackmail’ – Police Officer Breaks Silence

Nkeiruka Nwode Alleged $100 Million Fraud Investigation: ‘I Deserve a Medal, Not Blackmail’ – Police Officer Breaks Silence In Nigeria’s often polarized debate over policing, stories of officers who say they have pursued accountability within the system rarely dominate the headlines. But a senior police official has now come forward with a detailed account of how an investigation she handled …

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Bode George: PDP’s crisis is rooted in greed and disregard for principles

A leader of the Peoples Democratic Party (PDP), Chief Olabode George, has traced the lingering crisis within the party to what he described as greed, avarice and a growing contempt for the fundamental principles that once guided the opposition party. During an interview on Eagle 102.5 FM’s Frontline program on Thursday, the elder statesman reflected at length on the origins …

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“Your ordeal will make you a better person, stay strong” – Olanrewaju to Daga

Post views: 19 Current Rivers United assistant manager, Yemi Olanrewaju, has identified with young Nigerian footballer and Molde midfielder, Daniel Daga, following a six-month prison sentence for non-consensual sexual intercourse with a female counterpart, Silvernews.com.ng reports. Olanrewaju, who tutored Daga during his stint as Enyimba head coach, in a post on his official Twitter account, said the ordeal will …

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Over 3.7 million Nigerians displaced by conflict and climate shocks – IOM

More than 3.7 million Nigerians are currently living as internally displaced people due to conflict, violence and climate-related disasters, the International Organization for Migration (IOM) has revealed. Sharon Dimanche, head of IOM mission in Nigeria, made the disclosure while delivering a goodwill message at the first Edo State Humanitarian Summit in Benin City on Thursday. He said the growing displacement …

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Police Commission approves key promotions, elevates 13 CPs to AIG, 17 DCPs to CPs – THIS FACILITY

By Ayo Kehinde The Police Service Commission (PSC) has approved the promotion of 13 Commissioners of Police (CPs) to the rank of Assistant Inspectors General of Police (AIG), following outstanding results in written examinations and oral interviews conducted at the commission’s headquarters in Abuja. The commission also sanctioned the elevation of 17 Deputy Commissioners of Police (DCPs) to the rank …

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