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Former FAAN Boss, Captain Yadudu, Ended Tenure, not Sacked by FG

Former FAAN Boss, Captain Yadudu, Ended Tenure, not Sacked by FG   Contrary to media reports that the immediate past Managing Director of the Federal Airport Authority of Nigeria (FAAN), Captain Rabiu Yadudu, was sacked by the Federal Government, the former FAAN boss indeed finished his...

IPMAN, FG Disagree Over Port Harcourt Refinery Completion Date

IPMAN, FG Disagree Over Port Harcourt Refinery Completion Date The Independent Petrol Marketers Association of Nigeria has faulted the Minister of State for Petroleum, Chief Timipre Sylva, over his assurance on the completion of the Port Harcourt refinery. Sylva had during a seminar recently in Abuja,...

JUST IN: Supreme Court Blasts FG, Orders Old Naira Notes Remain Legal Tender Till Dec 31

JUST IN: Old Naira Notes Remain Legal Tender Till Dec 31 - Supreme Court By Ozumi Abdul The Supreme Court, on Friday, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders. The apex court, in a unanimous decision by a...

Naira Scarcity: Supreme Court to Deliver Judgment Today

Naira Scarcity: Supreme Court to Deliver Judgment Today The Supreme Court will today deliver judgement in the suit by 16 states challenging the federal government’s naira redesign and swap policy. A seven-member panel of justices presided by Justice Inyang Okoro had on February 22 adjourned to...

Report: FG Rakes Oil Revenue Worth N1.4tn in February

Report: FG Rakes Oil Revenue Worth N1.4tn in February The Federal Government earned the sum of N1.4tn from oil export in February. Earnings from oil export rose marginally last month, as oil output increased by 100,000 barrels per day, amounting to a rise of 2.8 million...

FG: Discos Reject 408MW Excess Power

FG: Discos Reject 408MW Excess Power Power distribution companies have stepped up the quantum of electricity load allocation that they receive and distribute to consumers across the country, as the latest data from the Federal Government showed a reduction in the amount of unutilised energy...