FG Approves Satellite Surveillance to Curb Illegal Mining The Federal Executive Council (FEC) has granted approval to the Ministry of Solid Minerals Development for the procurement and installation of satellite surveillance equipment across Nigeria, The Bureau Newspaper has gathered. Reliable sources within the Ministry revealed that the initiative aims to monitor and […]
Other News
Nigeria’s Agricultural Imports Policy Is Suicidal
FG’s agricultural imports policy ‘suicidal’ — Group The Foundation for Peace Professionals (PeacePro) has criticized the Federal Government’s continued importation of subsidized foreign agricultural commodities, warning that the policy is crippling Nigeria’s agro-industry, discouraging investment, and pushing the country toward food insecurity. In a statement by the executive director of the […]
New ATM Fees: Customers Groan As Banks Begin Implementation
•As SERAP tells Tinubu to direct CBN to suspend fee hike pending court verdict BANKS have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following the Central Bank of Nigeria (CBN’s) directive. The News Agency of Nigeria (NAN) correspondent who monitored some banks’ ATM […]
Naira Down To N1,510/$ In Parallel Market
The Naira yesterday depreciated to N1,510 per dollar in the parallel market from N1,505 per dollar last weekend. But the Naira appreciated to N1,499 per dollar in the Nigerian Foreign Exchange Market (NFEM) Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira […]
NNPC Reduces Petrol Price To ₦860/Litre
The Nigerian National Petroleum Company Limited, NNPCL, has announced a reduction in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, to N860 per litre. This development is the latest in a price war among oil marketers and independent petroleum dealers. It is also influenced by fluctuations […]
Brigadier-General Nafiu Olakunle appointed new NYSC Director-General
President Bola Ahmed Tinubu Appointed Brigadier -General Nafiu Olakunle ,DG NYSC Brigadier-General Nafiu Olakunle, a distinguished artillery officer hailing from Ileogbo in the Aiyedire Local Government area, has been appointed as the Director-General of the esteemed National Youth Service Corps (NYSC). This significant appointment marks a moment of great pride […]
APC Chairman Ganduje Chairs The Sun 2024 Awards, Applauds Excellence
APC Chairman Ganduje Chairs The Sun 2024 Awards, Applauds Excellence in Nation-Building The APC National Chairman, Dr Abdullahi Umar Ganduje, CON, chaired The Sun 2024 Awards ceremony held at Eko Hotel, Lagos, on Saturday. Presenting awards, Ganduje praised The Sun Awards for consistently recognising deserving Nigerians who have excelled in […]
Tax Revenue As Nigeria’s New Crude Oil – Dare Adekanmbi
Prior to Nigeria’s Independence in 1960, agriculture was the mainstay of its economy, even as reflected in the economic activities of the regions there were in the country at that time. Famous stories of the First Republic chronicled how the defunct regions were reliant on revenues from the groundnut pyramids […]
Power Sector Banding Another Form Of Fraud — NLC President
Nigeria Labour Congress (NLC) President, Comrade Joe Ajaero, has described the power sector’s banding system as another form of fraud. Comrade Ajaero stated this against the proposed plan to increase electricity tariffs announced by the Federal Ministry of Power. Ajaero, who was in Yola, Adamawa state capital for the National […]
NLC Threatens To Lead Mass Protest If FG Increases Electricity Tariff
Nigeria Labour Congress, NLC, yesterday urged the Federal Government to jettison any planned hike in electricity tariff under any guise, threatening to lead mass resistance against further such increases. This came as it threatened to shut down operations of telecommunications companies should they fail to implement the 35 Percent tariff […]