The Nigerian National Petroleum Corporation has announced that Aviation jet A1 fuel will be sold at five hundred naira per liter within the next three days to prevent airlines from shutting down. NNPC’s Group Managing Director, Mele Kyari made this known after a meeting with marketers, regulators and operators in the aviation industry. The meeting, which was…
The Central bank of Nigeria has introduced a cash collection centre to enable it reduce cost and improve operational efficiency in the country’s cash management. The CBN disclosed in a guideline that the new cash centre which would be known as ‘Bank Neutral Cash Hubs’, will serve as central cash deposits points. CBN said the cash centres…
The United States has warned China against providing assistance to Russian on the invasion of Ukraine by its military forces. The US also warned that China will face consequences if it helps Russia to escape sanctions imposed on it for the invasion of Ukraine. The warning followed reports that an unnamed US officials revealed that Russia had…
Rivers State Governor, Nyesom Wike, has apologized to former governor of Edo State and national chairman of the All Progressives Congress, Adams Oshiomhole. This is the latest development in the bitter disagreement between Governor Wike and Governor Godwin Obaseki of Edo State. Governor Wike accused Governor Obaseki of betrayal and ungratefulness to the People’s Democratic Party for…
The Independent National Electoral Commission has released the final list of sixteen candidates for the governorship election in Ekiti State, which is scheduled for June 18, 2022. The list was accompanied by a statement signed by INEC’s National Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye. Meanwhile, INEC says it has so far received applications…
Lagos and seven other states have been cut off from public power due to a collapse of the National Grid. The incident, which is said to be second time this year, happened yesterday morning, and other states affected are Enugu, Kaduna, Abia, Anambra, Ebonyi, and Imo. The various electricity distribution companies covering the affected states confirmed the…