OUR NEWS

July 13, 2020

The planned evacuation of Nigerians stranded in the United Kingdom has suffered a delay as British authorities denied a Nigerian airline, Air Peace, landing permit.

But in a swift reaction, the federal government yesterday said it would review all its existing bilateral air service agreements with other countries including its BASA with the United Kingdom.

The evacuation flight which was earlier scheduled to depart London Heathrow air...

July 8, 2020

The Federal Controller of Works in Lagos, Mr. Olukayode Popoola, has said the federal government will close the Third Mainland Bridge, Lagos to traffic for six months, beginning from July 24 to enable the government to undertake maintenance work on the surface.

Popoola, however, told THISDAY yesterday that details of the repair work would be announced later.

Meanwhile, the Federal Road Safety Corps (FRSC) is yet to provide traffic con...

June 1, 2020

The Central Bank of Nigeria (CBN) has issued a revised timelines for reversals and resolution of refund complaints on electronic channels.

According to a statement by the bank, effective from June 8, 2020, all failed "On-Us" ATM transactions - when customers use their cards on their bank's ATMs, is expected to be reversed instantly compared to the current three-day timeline for resolution.

The CBN noted however, that where instant rev...

May 29, 2020

The Federal Airports Authority of Nigeria (FAAN) has disclosed that it has commenced fumigation of International Airports in Lagos, Abuja, and Port Harcourt ahead of reopening of flight operations in Nigeria.

General Manager, Corporate Affairs of FAAN, Mrs. Henrietta Yakubu, made this known yesterday in a statement in Lagos.

Yakubu explained that the fumigation exercise was in line with the efforts to contain the spread of coronavirus...

April 24, 2020

Nigeria has recorded 91 new cases of COVID-19, bringing to 873, the total number of confirmed cases in 25 states and the Federal Capital Territory (FCT).

Announcing this Wednesday, the Nigeria Centre for Disease Control (NCDC) said 74 new cases were recorded in Lagos, five in Katsina, four in Ogun, two each in Edo and Delta, and one each in Kwara, Oyo, FCT and Adamawa State.

It said: "As at 11:25 pm on April 22, there are 873 confirme...

December 20, 2019

For decades, most advanced refineries and petrochemical plants globally have been coming online in China, Saudi Arabia and India. These include world-scale projects such as the Reliance Industry's Jamnagar Refinery in India; the Zhanjiang Refinery in China; the Yanbu Refinery in Saudi Arabia; and the Sadara Chemical Complex, also in Saudi Arabia.

But while Asia and the Middle East had been dominating the recent refinery project lands...

December 10, 2019

The federal government has condemned the renewed attacks on Nigerian traders in Ghana, describing it as uncalled for.

There were reported cases of clashes between Ghanaian and Nigerian traders on Monday which resulted into the arrest of six while others sustained injuries.

It was also alleged that the fight followed the closure of shops belonging to some Nigerian traders at the Kwame Nkrumah Circle in Ghana.

However, the Chairman, Nige...

November 18, 2019

The Dangote Industries Limited and the Government of Togo (GoT) have concluded an agreement to develop and transform Togolese phosphate into phosphate fertilizers for the West African sub-region.

The move is aimed at improving consumption of the product in Africa.

With over two billion tonnes of phosphate reserves, Togo is one of the leading phosphate producers in Africa.

By partnering the Dangote Group, the country intends to benefit...

November 1, 2019

President Muhammadu Buhari has met with the United States' Treasury Secretary, Steven Mnuchin, to request for additional capital from the US development finance institutions to upgrade critical infrastructure in Nigeria.

A statement yesterday by a presidential spokesman, Malam Garba Shehu, said both men, who met on Wednesday in Riyadh, Saudi Arabia had positive discussions on investments in Nigeria under the new United States Interna...

November 1, 2019

Rice importers would be ordered to cease their trade in three years if everything goes as planned, Ghana's Agric Minister, Dr. Owusu Afriyie-Akoto, has said.

The same applies to persons who import poultry products.

The policy, if implemented would also be similar to the situation with Nigeria, its neighboring country.

Afriyie-Akoto said the government was working fervently to "establish the local capacity" to meet demand.

Speaking on Jo...

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