The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has said the paucity of funds is responsible for the delay in appointing ambassadors for Nigeria. The minister who disclosed this during the ministerial sectoral briefing on Tuesday in Abuja, said President Bola Ahmed Tinubu’s administration was facing a significant financial and […]
Other News
Naira Down To N1,525/$ In Parallel Market
The Naira yesterday depreciated in the parallel market to N1,525 per dollar from N1,520 per dollar last weekend. However, the Naira appreciated to N1,339.33 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,339.33 per dollar from […]
Asana Launches in Nigeria to Revolutionize Workflows with AI
Asana, the leading enterprise work management platform has announced its official launch in Lagos, Nigeria. The event, themed “Future-Proofing Nigerian Workflows: AI That Works,” will take place in the first week of June in Ikoyi, Lagos. According to the promoters of the brand in Nigeria, the event is set to usher in a new era of […]
BATN Foundation Reinforces Sustainable Agriculture, Rural Development
The British American Tobacco Nigeria Foundation (BATN), has commemorated its 20th anniversary, where it acknowledged its outstanding efforts in promoting sustainable agriculture and bolstering rural development through impactful initiatives across multiple sectors. The anniversary event, held recently in Lagos, brought together stakeholders, partners, and beneficiaries to reflect on the Foundation’s journey and accomplishments. Established in November 2002, the BATN Foundation has […]
Home delivery of Nigerian passport service set to launch in June
Olubunmi Tunji-Ojo, the minister of interior, announced that the Nigerian Immigration Service (NIS) will commence home delivery of passports starting June. Tunji-Ojo disclosed this on May 24 during his inspection of the electronic gates at the new terminal of the Nnamdi Azikiwe International Airport in Abuja. Read also: How to apply […]
FG installs eGates at Lagos airport, gives timeline for other airports
The federal government through the Nigeria Immigration Service (NIS) has commenced the installation of eGates at the Murtala Muhammed International Airport (MMA), Lagos. This is in a bid to enhance national security, passenger facilitation and ease of doing business. This is as it disclosed that over 107 thousand passports have been produced […]
Nigeria’s Letter Of Credit Payments Fall By 63% In Q1 2024
Nigeria’s letter of credit payments have plummeted by 63% in the first quarter of 2024 compared to the same period in the previous year, according to the International payments data of the Central Bank of Nigeria (CBN). The total letter of credit payments made via official channels for Q1 2024 […]
FG says UAE visa has been resolved, announcement is soon
The federal government have revealed that the United Arab Emirates (UAE) visa ban on Nigerians has been resolved and an announcement regarding that will be made soon. Festus Keyamo, minister of aviation and aerospace development, made this known on Wednesday in a statement reacting to the criticism from Osita Chidoka, […]
Sanusi II: Court Bars Kano Government From Dissolving Emirates
Justice Liman of the Federal High Court has reportedly issued an ex-parte judgement prohibiting Governor Abba Yusuf, Kano State Government from reinstalling Emir Muhammadu Sanusi II. Platinum Times Nigeria reports that one Sarkin Dawaki Babba, Aminu Babba-Dan’Agundi, filed the lawsuit against Sanusi’s reinstatement late Thursday. Justice Liman granted leave to […]
Electricity Subsidy Gulps ₦629 Billion As Discos Generate ₦1.1 Trillion
The Federal Government spent N628.61bn as subsidy on electricity in 2023, as power distribution companies collected a total revenue of N1.08tn during the same period, the latest industry data obtained from the Nigerian Electricity Regulatory Commission on Wednesday showed. An analysis of figures from the power sector regulator indicated that […]