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Abuja Electricity Distribution (AEDC) has issued an apology on wrong charges faced by some Band A customers who tried to recharge their meters following the new tariff regime. The Management of AEDC tendered the apology in a notice to its customers in Abuja on Thursday. It said, ” This is…

The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform from the Office of the Accountant General for the Federation (OAGF). The committee accused the Central Bank of Nigeria (CBN) and Commercial Banks of complicity in the sharing of the…

The Federal Airports Authority of Nigeria (FAAN) on Thursday shut down a KFC facility in the Murtala Mohammed International Airport (MMIA) over alleged discriminatory treatment of a passenger. This is contained in a statement signed by Mrs Obiageli Orah, Director, Public Affairs and Consumer Protection and made available to newsmen…

The Defence Headquarters says troops neutralised 121 terrorists, apprehended 253 and rescued 244 kidnapped hostages in different operations nationwide in one week. The Director of Defence Media Operations, Maj -Gen. Edward Buba, made this known while giving an update on military operations on Thursday in Abuja. Buba said the troops…

Nigeria’s public debt stock as at Dec. 31, 2023 was N97.341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO) on Friday in Abuja. The DMO said that the amount comprised domestic and external debt stocks of the Federal Government, the 36 states governments and…

The newly appointed Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola says the agency’s management under his leadership will build a purpose driven organisation, while also prioritising effective communication at all levels to enhance innovation, collaboration and synergy. In his maiden address on his…

The Minister of Information and National Orientation, Mohammed Idris, has said the vision of President Tinubu is to create an enabling environment where businesses can thrive through streamlining regulations, investment incentives, provision of infrastructure, and robust policies aimed at fostering economic stability and prosperity. The Minister stated this in Kano…

The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its commitment towards utilizing Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a Panel Session at the ongoing 2024 CERAWeek Conference in Houston, the United States…

The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the CBN Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion in claims. This was disclosed by the Bank’s Acting Director, Corporate Communications, Mrs.…

The Nigeria Customs Service (NCS), Ogun Area 1 Command, said it intercepted 940 round of ammunition worth N557,120,828.00 concealed in sacks of garri (cassava flakes) at Idiroko axis of the state. The Area Controller, Mr Ahmadu Shuaibu, said this at a media conference on Friday in Idiroko, Ogun. Shuaibu said…