ECOWAS Halts Single Currency Launch, Adopts Gradual Approach       The Economic Community of West African States has postponed the planned launch of its single currency, the Eco. The body agreed to maintain a gradual approach for the launching of the currency. ECOWAS explained that a new date for...

Revisiting the ‘New Electricity Tariff Regime’ By Isah Ismaila Gagarawa     It may be recalled in January, the Nigerian Electricity Regulatory Commission (NERC), announced that there would be an increase in electricity tariff across the country in April. Similarly, President Muhammadu Buhari directed the commencement of a...

Buhari Moves NIMC To Federal Ministry Of Communications and Digital Economy       President Muhammadu Buhari has approved the transfer of the National Identity Management Commission (NIMC) to the Federal Ministry of Communications and Digital Economy. Minister of Communication and Digital Economy, Mallam Isa Ali Pantami in a...

Fed Govt Raises Costs For Five Secretariats By N3.97bn     The Federal Executive Council on Wednesday increased the contract sums for six different projects across the country by N5.48bn. The projects that saw their contract sums increased are federal secretariat projects in five states and the rehabilitation...

Buhari’ll End Fuel Importation In Nigeria, says Sylva     President Muhammadu Buhari is committed to putting an end to the importation of refined petroleum products into Nigeria, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva said the government was working to reverse...

Fed Govt To Deduct Illegal Mining Fees From States’ Allocations     The Federal Government on Wednesday resolved that henceforth, it would be deducting any illegal fees imposed on mining companies by state governments from the allocation of such states. It has therefore directed the Minister of Finance,...