Airtel Begins NIN Registration at Retail Outlets

By Modupe Gbadeyanka The Programme Coordinator for Media and Policy at the Social and Economic Justice Advocacy (SEJA), Mr Jerome-Mario Utomi, has challenged the Lagos State government to lead the movement against environmental injustice. Mr Utomi, while speaking on Tuesday as a panellist at the Institute for Housing and Urban Development Studies (IHS), Erasmus University, Rotterdam, the Netherlands, also advised the government to stop being the coach and captain during environmental conversations. At the panel discussion themed “The role of multi-stakeholder engagement in achieving environmental justice, he noted engagement and collaboration have been overused by those in the position of

By Bliss Okperan The Minister of FCT, Mr Nyesom Wike, has been advised to extend an olive branch to the Governor of Rivers State, Mr Siminialayi Fubara. The Minister, who handed over the reins of Rivers State to Mr Fubara, has been at loggerheads with his successor. A few weeks ago, some lawmakers of the Rivers State House of Assembly loyal to Mr Wike attempted to impeach the Governor, but President Bola Tinubu quickly intervened and doused the tension. However, all is still not well with both parties, with the Minister granting an interview last week to accuse his ‘political

By Modupe Gbadeyanka A key suspect in the Dangote Cement price slash scam, Mr Benjamin Ezeukwe, has been arraigned in court by the police in Lagos State. A statement issued by the spokesman of the Lagos Command of the Nigeria Police Force (NPF), Mr Benjamin Hundeyin, disclosed that the accused person was taken to court for prosecution after he was arrested in Rivers State. The Police Public Relations Officer, who is a Superintendent of Police (SP), disclosed that Mr Ezeukwe was picked up by police operatives on Thursday, October 19, 2023, in the Rumuolumeni area of Obio/Akpor local government area

By Adedapo Adesanya The Central Bank of Nigeria (CBN) seems to have signalled plans to gradually merge the exchange rate regimes in the country into one, as directed by President Bola Tinubu in his inaugural speech on May 29, 2023. This is because the exchange rate of the Naira to the US Dollar was adjusted on Thursday in the official market, which is the Investors and Exporters (I&E) window of the foreign exchange market. Data obtained by Business Post from the FMDQ Securities Exchange, the official channel to track the government-approved FX market, indicated that the local currency was devalued by

By Adedapo Adesanya As recession fears loom globally amid crash in oil prices, which are now trading in dire territory, the federal government has announced a downward review of its oil benchmark for the 2020 budget to $30 per barrel from $57 per barrel. This is happening as the global market is facing a Russia-Saudi Arabia oil face-off amid the crippling of the black gold by coronavirus epidemic. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, announced on Wednesday that government hopes the country can sustain the projected 2.18 million barrels per day production. She said, “On benchmark,

By Ashemiriogwa Emmanuel The Federal Government of Nigeria has drawn attention to the vast provision of job opportunities in the green economy of the country. It considered the sector’s provision of creating environmentally-friendly jobs in areas such as construction, renewable energy, afforestation, and waste management, which includes e-waste. The Minister for Labour and Employment, Mr Chris Ngige, who mentioned this at the opening of the 6th Meeting of the National Employment Council, noted that the opportunities presented, especially to youths, in this sector have not been explored enough. Speaking on the theme Creating Environmental Friendly (Green) Jobs, the Minister, represented

By Damilola Faustino It is very difficult to get original gadgets in Nigeria notwithstanding whether it is registered by the Standard Organisation of Nigeria (SON). A smartphone and power bank are not exempted from the counterfeit problem as both online and offline platforms are replete with them. With the Nigerians barely enjoying 24 hours power, the need for it to charge your smartphone is important. Do not make the mistake of buying a fake power bank. These tips will help select an original power bank. Capacity Power banks with more capacity tend to be more useful. A power bank’s capacity is measured in

By Adedapo Adesanya A deal to develop and commercialise the Oil Mining Lease (OML) 143 has been signed by the Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO). The contract for the project was sealed at the NNPC Towers, Abuja on Friday and it will improve the supply of gas in the country and help boost the country revenue. The Group Managing Director of NNPC, Mr Mele Kyari, described the execution of the deal as a great milestone as well as a testament to the agency’s commitment to facilitating the nation’s transformation into a gas-powered

By Adedapo Adesanya The bearish performance at the NASD Over-the-Counter (OTC) Securities Exchange extended for another day as the unlisted securities market depreciated by 1.23 per cent. This was propelled by a negative price movement in the shares of Central Securities Clearing Systems (CSCS) Plc as it went down by N1.28 or 8 per cent to settle at N14.72 per share in contrast to N16 per share it closed at the previous session. The loss recorded by CSCS outweighed the gains printed by FrieslandCampina WAMCO Nigeria Plc. The milk maker appreciated by 5 kobo to close at N121.19 per unit

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed on Tuesday, October 8, 2019 on a positive note as both the NASD Security Index (NSI) and market capitalisation returned to winning ways after going down on Monday. However, despite these two key market indicators closing in the green territory, the other market parameters pointed south after the close of transactions at the OTC Exchange. Business Post reports that the market capitalisation gained N210 million or 0.04 percent to close at N501.66 billion in contrast to N501.45 billion it ended on Monday. Following the same trend wad the NASD Security

By Modupe Gbadeyanka The free fall of the Dollar against the Naira continued on Wednesday at the parallel market when it was sold for N400. This comes a day after the Central Bank of Nigeria (CBN) released the sum of $280 million into the foreign exchange market to boost supply of forex and also increased allocation to authorised Bureaux De Change (BDC) operators to $20,000 from $10,000. The Naira opened for trading today at N407 to the Dollar and remained at that rate in the afternoon before appreciating by N7 to close the day at N400 per Dollar. However, the