Economy

The Nigerian Immigration Service ( NIS) on Tuesday declared that about 140,000 international passports are yet to be collected nationwide....

The federal government has revealed that the incoming administration would inherit about N77 trillion debt by the time President Muhammadu...

HACEY health initiative yesterday in Osogbo, Osun State capital, received support from the United Nations Trust Fund and spotlight initiative...

The National Population Commission, NPC, reassures Nigerians that the 2023 National Census would be credible, reliable and accurate. This was...

On December 31, 2019, the coronavirus disease (COVID-19), which is currently ravaging the world, was first detected in Wuhan, China....

The Presidency said it will offer 5 million solar systems under the Economic Sustainability  Plan to 25 million Nigerians previously unconnected to the national grid via Solar Home Systems  (ESP).  This was disclosed on Sunday in Abuja by Laolu Akande, Senior Special  Assistant to the President for Media and Publicity, Office of the Vice President.  He said that over a 3-year cycle, the  solar system will be given monthly at N4,000.  Akande replied to inquiries about the cost of the 'SOLAR POWER  NAIJA' tagged ESP Solar initiative, for which installations would begin in December.  Akande said the Rural Electrification Agency  was introducing the ESP Solar Programme  (REA). The media assistant said the initiative was intended to improve ongoing efforts to resolve  Nigeria's energy supply problem, the Federal Government's Solar Home System, scheduled for inauguration this week.  The presidential aide said that Nigerians living in rural areas and urban settlements  will be given priority, either under-served or totally cut off from the national grid.  According to him the choice of direct ownership by beneficiaries at a cost ranging from N1, 500 per week to  N4, 000 per month depending on the power, is a significant feature of the scheme for a duration of 3 years.  He claimed that the arrangement allowed as many as 25  million Nigerians in their respective homes to own personal solar systems. ...

On Friday, the Nigerian Stock Exchange (NSE) reported that in the 2020 surveillance audit by the  British Standards Institution (BSI), it had maintained its ISO 27001:2013 Information Security Management System (ISMS) certification.  In a statement made available to the Nigerian News Agency in Lagos, the stock exchange reported that it was first accredited in 2015 in order  to fully comply with the relevant controls established to meet the ISMS quality control objectives and that it has now been re-certified for five consecutive years.  In the statement, Mr. Rasaq Ozemede, Chief Risk Officer, NSE, said that  the Exchange was especially pleased, particularly with its dependence on digital infrastructure. “We are delighted to retain this International Organization for Standardization (ISO) certification from the...

For the month of November, the Nigerian National Petroleum Corporation (NNPC) has declared  the N153.17 ex-depot price for Premium Motor Spirit (PMS), also known as petrol.  This was confirmed by the corporation in a statement signed  in Abuja on Friday by its spokesman, Dr Kennie Obateru.  The ex-depot price is the rate at which the depot owners  sell the product to national retail outlet owners and fuel marketers. He said: “The correct prices, as can be seen on PPMC’s ‘Customer Express’ platform (online...

Gov. Babajide Sanwo-Olu's 24-hour curfew over relentless # EndSARS protests has been described as hostile and ill-advised by the Lagos...

The Domestic Refinery Owners Association of Nigeria (DROAN), have thrown their weight behind the Federal Government’s removal of oil subsidy...