Court adjourns FG’s case against ASUU. 

Court has adjourned the case between the Federal Government and the Academic Staff Union of Universities (ASUU) till 16th September, 2022.
ASUU embarked on strike since February this year leading to the closure of Public Universities for (8) eight months now.

Approach philanthropists for funding – FG tells universities 

FG-To this end, the councils should look outwards and enlist the support of philanthropic organizations and individuals for additional funding of projects in the Institutions. In addition, the councils can explore other sources of revenue through endowments.

10 banks lend customers N2.9tn in 12 months

Between December 2020 and December 2021, the combined loan portfolio of 10 Deposit Money Banks in Nigeria rose by N2.9tn, data collated from their audited financial statements show.   The banks are Stanbic IBTC, Fidelity Bank Plc, Sterling Bank, Wema Bank, First City Monument Bank, Access Bank Plc, Guaranty Trust Bank Plc, United Bank for […]

Lagos govt shuts down warehouse over sale of contaminated milk

The Lagos State Consumer Protection Agency has ordered the closure of a distribution warehouse located at Wilmer Street, Isheri-Ojodu Area of the State.   According to a statement by the state government, the closure was ordered after the General Manager of LASCOPA, Afolabi Solebo (Esq.), led an enforcement team to the distribution warehouse.   A […]

CBN to pay 150 exporters N3.5bn rebate

The Governor of the Central Bank of Nigeria, Godwin Emefiele has ordered the immediate release of N3.5bn as a rebate to 150 exporters who participated in the Race To $200bn scheme. This was one of the outcomes of the Bankers’ Committee meeting held on Thursday. The CBN had in February disclosed that it would pay […]

FG to introduce online tracking system for passport application

THE Federal Government will in May introduce a system online for the tracking and monitoring of passport applications.   The Minister of Interior, Rauf Aregbesola, said this at the opening of a two-day workshop for Passport Control Officers of the Nigeria Immigration Service in Abuja on Tuesday.   Aregbesola revealed that the Federal Government had […]

25 killed in fresh Benue attacks, gov calls for self-defence

Marauding herdsmen invaded several communities in three local government areas of Benue State on Monday night and killed 25 people, including a traditional ruler.   The armed herders were said to have invaded Tse-Sumaka village in the Mbadwem Council Ward of Guma Local Government Area, killing nine people and injuring one.   A traditional ruler […]

We’ll crash wheat price with 2.7 million MT production – FG

The Federal Government on Monday said it would crash the price of wheat in Nigeria with the production of 2.7 million metric tonnes of the commodity across the country.   It said the production of wheat would not only warrant price reduction but would save Nigeria from spending millions of dollars on wheat imports, as […]

NERC probes frequent power grid collapse, supply partially restored

The Federal Government on Saturday said the Nigerian Regulatory Commission and the System Operator were currently investigating causes of the frequent power grid collapse leading to widespread blackout across the country.   The national electricity grid collapsed again on Friday evening, making it the third time in the space of one month.   Some power […]