Gas Leakage: Industrial Customers Suffer Supply Cut       Industrial customers and other entities receiving gas through the pipeline that was ruptured in Magboro, Ogun State, on Wednesday have seen supply cut off following the isolation of the affected section of the line. One of our correspondents gathered...

CBN Tackles Recalcitrant IMTOs Over Diaspora Remittances         The Central Bank of Nigeria (CBN) has expressed displeasure that some International Money Transfer Operators (IMTOs) continue to pay remittances in local currency contrary to its recent policy that granted unfettered access to forex from Diaspora and other...

Reviewing Nigeria’s Cybersecurity Act for National Development By Inyene Ibanga     In the bid to address emerging cyber security challenges threatening Nigeria, the Federal Government announced that it has commenced work on the process of reviewing Nigeria’s Cyber Security Act. This was made known by the minister of...

Nigeria Reopens Land Borders       The Federal Executive Council (FEC) has approved the reopening of four land borders with immediate effect. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, who disclosed this after the 28th virtual FEC meeting, said other borders would be reopened...

EFCC Wins Cybercrimes Prevention Award       The Economic and Financial Crimes Commission, EFCC, on Saturday, December 12, 2020, emerged best cybercrime Prevention agency in Nigeria at the second Security and Emergency Management Award (SAEMA). The accolade was earned by the Ibadan zonal office of the EFCC which...

FG Writes NASS, Seeks Fresh 2020 Budget Review         The Federal Government has written to the National Assembly to demand a fresh review of the 2020 Appropriation Act. The Minister of Finance, Budget and National Planning, Zainab Ahmed, particularly asked the House of Representatives to extend the...