Nigerian Reps Mandates N500bn Recapitalisation for Electricity Distribution Companies
The directive aims to enhance their financial stability and operational capacity, ensuring they can effectively meet their obligations to Nigerian consumers.
Category: Politics
FG Lifts Ban: NYSC Members Can Now Serve in Banks and Other Private Sectors
The Federal Government has lifted the ban restricting National Youth Service Corps (NYSC) members from being posted to private sector organizations.
President Tinubu Requests National Assembly Approval for $2.2 Billion External Loan
Tinubu outlined the need for this external loan to fulfill commitments within the 2024 Appropriation Act.
Akwa Ibom Revenue Service to Fully Digitalize Tax Collection Processes by 2025
The move aims to shift the agency’s semi-manual processes to a fully automated system, achieving an end-to-end digitalization of all tax-related activities.
President Tinubu Confers Nigeria’s National Honour on Indian Prime Minister Narendra Modi
President Tinubu personally accompanied the Indian leader during the inspection before leading him into his office for a closed-door meeting.
Federal Government Unveils Plan for Local Manufacturing of Vehicle Spare Parts
This strategic move aims to reduce the country’s reliance on imported spare parts, which currently costs Nigeria a staggering $1 billion annually.
Labour Unions Threaten Shutdown in Abuja Over Non-Implementation of Minimum Wage
The Federal Capital Territory (FCT) is on the brink of a shutdown as labour unions in the region have vowed to halt operations by the end of November if the N70,000 minimum wage law is not implemented. This comes as part of a directive from the Nigeria Labour Congress (NLC) for a nationwide strike set…
Nigeria and India Strengthen Ties with Three Key Memoranda of Understanding
Ambassador Ahmed emphasized the enduring relationship between Nigeria and India, built on a foundation of shared values, mutual respect, and common aspirations for democracy and economic progress.
Federal Government Approves $2.2 Billion External Borrowing
The borrowing program aligns with the government’s broader economic recovery strategy, which aims to stabilize macroeconomic conditions, reform key sectors, and boost local production.
FBI Arrests Houston Resident on Alleged ISIS Connections
Texas Man Arrested in Houston, Charged with Attempted Support for ISIS and Plotting Terrorist Attack In a significant security operation, a 28-year-old Houston resident, Anas Said, was arrested by the FBI last week for allegedly planning violent attacks in support of the Islamic State (ISIS) from his apartment. Federal authorities report that Said was actively…
