Search Results for: Nigeria

Minister of Power, Adebayo Adelabu, has staunchly defended the policy to roll back the recently implemented tariff increase for Band A consumers. Adebayo Adelabu highlighted the positive impact of the revised tariff on attracting both domestic and international investors to Nigeria’s energy industry, a crucial step in addressing the country’s long-standing power challenges. The minister,…

In a recent visit to the Minister of Works, Sen. David Umahi, the Kaduna State Governor, Uba Sani, expressed his appreciation for the minister’s efforts in advancing the crucial Abuja-Kaduna-Kano road project. Governor Uba Sani commended the minister for aligning his work with the blueprint set forth by President Bola Tinubu, who has vowed to…

An Ekiti State High Court, Ado Ekiti Division, has delivered a landmark verdict, sentencing three individuals to death by hanging for their involvement in armed robbery. The convicted individuals, namely Oyebanji Sola, Jimoh Azeez, and Ogunlade Babatunde, were found guilty of committing a heinous act of armed robbery, shaking the foundations of peace and security…

The Central Bank of Nigeria (CBN) has announced the extension of its suspension on processing fees for cash deposits. This decision, which comes as a relief to many, will see the waiver of fees on cash deposits above the threshold of ₦500,000 for individuals and ₦3,000,000 for corporates remain in effect until September 30, 2024….

Federal Government has pledged to tackle the high cost of medications across the country. This commitment underscores the government’s dedication to ensuring affordable access to essential healthcare for all citizens, regardless of their economic status. The announcement comes as a response to the mounting concerns over the rising prices of drugs, which have been a…