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Shippers’ Council Says Illicit Financial Outflows Cost Nigeria, Others $50bn Annually

Shippers’ Council Says Illicit Financial Outflows Cost Nigeria, Others $50bn Annually The Nigerian Shippers’ Council has disclosed that Nigeria and other African nations are losing $50 billion a year to illegal financial outflows. The Executive Secretary/Chief Executive Officer of the NSC, Pius Akutah, stated this in...

Petrol Landing Cost Rises N1,117/litre – Marketers

Petrol Landing Cost Rises N1,117/litre - Marketers The Major Energies Marketers Association of Nigeria on Wednesday, announced that the landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024. MEMAN disclosed this during a webinar with journalists on...

UAE Clarifies Visa Application Requirements, Refutes Reports of $10,000 Bank Balance, N640,000 Fee

The United Arab Emirates (UAE) has refuted claims that it has imposed additional conditions on Nigerian visa applicants, including the requirement for a document verification number (DVN) and a minimum bank balance of $10,000. 

ECN CEO Urges Diasporans To Assist In Fight Against Food Crisis

Dr. Mustapha Abdullahi, the Director-General and CEO of the Energy Commission of Nigeria (ECN), is urging Nigerian experts who live abroad to leverage their expertise to help mitigate the impact of skyrocketing food prices and address the escalating food crisis. 

AU Will Evaluate AI, Digital Transformation In Africa

The African Union (AU) will be evaluating the Continental Artificial Intelligence Strategy and African Digital Compact during the Executive Council Session on July 18–19, 2024, in Accra, Ghana.

Tinubu Seeks N6.2 Trillion Budget Expansion To 2024 Budget

The National Assembly has been presented with a request from President Bola Ahmed Tinubu to approve a staggering N6.2 trillion increase to the 2024 budget.