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Debts, salaries take 52.6% as FG budgets N13.08tn for 2021

The President, Muhammadu Buhari on Thursday, presented to the National Assembly, N13.08tn budget estimates for 2021 with N3.12tn (23.85 per cent) earmarked for debt servicing, PUNCH reports. Buhari, who said the nation’s economy might relapse into recession, stated that N3.85tn...

NERC Suspends electricity tariff hike

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday directed the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 new tariff. The commission’s suspension order of the Multi Year Tariff Order (MYTO) 2020 signed by Prof James Momoh, NERC’s...

Gombe Govt to launch N500m SMEs fund

Gombe State Governor Muhammadu Inuwa Yahaya, has said all is set to launch a N500 million Small and Medium Scale Enterprises (SMEs) intervention programme to mitigate the negative impact of COVID-19 on small businesses. The Commissioner for Finance and Economic...

Labour shelves strike over increment on fuel price, electricity tariff

Leaders of the organised labour around 2am on Monday succumbed to pressure from the federal government and shelved the planned nationwide strike over the increase in petrol price and electricity tariffs. The leadership of the Nigeria Labour Congress (NLC) and...

Badaru urges Buhari to reverse fuel price, electricity tariff hike

Jigawa state overnor, Mohammed Badaru Abubakar has pleaded with President Muhammadu Buhari to look into the plight of Nigerians by reversing the fuel price and electricity tariff hike. Badaru, who made the call at the commissioning of township roads in...

TAJBank wins Global Islamic Finance Awards

TAJBank has won the award for Best Islamic Bank for Marketing and Growth Strategy at the Global Islamic Finance Awards (GIFA) 2020. In a Press release signed by Head Marketing Communications of the Bank , Mariam Ehicheoya on Wednesday and...

FG to distribute 2,000 buses to curb fuel subsidy removal 

Federal Government has concluded plans to distribute 2, 000 buses to cushion the effects of transportation on Nigerians, especially those living in rural dwellers. Dr George Akume, Minister of Special Duties and Intergovernmental Affairs, made this known on Friday at...

Senate vows to stop new electricity tariff increment

The Chairman Senate Committee on Transport, Sen Abdulfatai Buhari, has hinted that the Senate would stop the recent electricity tariff increment. Sen Buhari who dropped this hint at the weekend while answering questions from newsmen said that it will be...

Fuel hike will affect price of farm products

Some farm produce distributors on Friday expressed dismay over continuous hike in fuel pump price, saying it would increase produce price to the disadvantage of both sellers and buyers. The distributors spoke with the News Agency of Nigeria (NAN) under...

CBN approves emergency importation of 262,000 tons of maize

The Central Bank of Nigeria, CBN, has granted approval to four agro-processing companies to import 262,000 tons of maize and corn in the bid to complement an anticipated shortfall of the commodity in the country. This contained in an internal...

NLC, PDP reject New Pump price of N151, blast FG on Hike in electricity...

The President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, has reacted to the recent increase in petroleum price announced on Wednesday by the Petroleum Product Marketing Company (PPMC), calling the development a ‘salt to injury’ situation. Speaking to...

The story of a teenager changes as a result of Facebook post

Social Media platforms are now considered as simple ways of helping people in the society especially a less previledge, recently a teenager who has a zeal of engaging in business received donations as a result of Facebook post, Arewa...

After 4months of darkness, PHCN commences repairing of Ningi, Ganjuwa others electricity

Apparent to the Speaker of Bauchi State House of Assembly Rt. Hon. Abubakar Y Suleiman Dangaladiman Ningi's pressure, discussions and facilitations, Bauchi State Ministry of Power and Technology has commenced massive repair of Ningi electricity. The Ministry mobilizes it's staff...

TAJBank Opens New Branch in Sokoto State

TAJBank, Nigeria's most innovative Non-Interest Bank, has announced the launch of its 4th (fourth) branch in Sokoto State recently. In a statement made available to Arewa Affairs on Friday by Head Marketing Communications, Mariam Ehicheoya. The statement explained that the launch...

CBN directs banks to take charge of electricity bill collection

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to take charge of collection of electricity bill payments in the country. The apex bank in a circular signed by Hassan Bello, director of banking supervision, said that the...

DPR bans use of mobile phones at petrol stations

The Department of Petroleum Resources, DPR, has banned motorists from using mobile phones while refueling at filling stations to prevent fire outbreak. Olusegun Daboh, DPR’s Operation Controller in Osun, told the News Agency of Nigeria in Osogbo on Monday, that...

Sanusi calls for production economy

The immediate past Emir of Kano, Muhammadu Sanusi II, has advised the Federal Government to rebuild Nigeria into a production economy as the country survives the coronavirus. The former traditional ruler, who offered the advice during a chat with newsmen,...

Nigeria to resume international flights on August 29

Nigeria will resume international flight operations on August 29, the Federal Government has announced. The Minister of Aviation, Hadi Sirika, made the announcement on Monday in Abuja at the briefing of the Presidential Task Force on COVID-19. “We are very glad...

Rishi lauches Graphics hub, ORTEY Designs

Young Bauchi samaritan and student of Biochemistry department from Ahmadu Bello University, ABU Zaria , Sadiq Musa Rishi has on Friday launched a new graphics design hub, ORTEY Designs.

IPMAN okays N150 per litre as FG deregulate petroleum products price

Members of the Independent Petroleum Marketers’ Association of Nigeria (IPMAN) have been directed to sell a litre of petrol at N150. The directive followed Federal Government’s approval of N138.62 as...

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Fire razed some parts of Ganjuwa LG Central Mosque

A fire incident has razed some parts of Kafin-Madaki Central Mosque in Ganjuwa Local Government Area of Bauchi...
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