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Daily Archives: August 1, 2018

Nigeria internet users decrease in June

The Nigerian Communications Commission (NCC) says Internet users in the country decreased to 102,805,122 million in June from the 103,152,726 million recorded in May. The NCC made this disclosure in its Monthly Internet Subscribers Data for June 2018 on its website on in Abuja. The data showed a decrease 347,604 subscribers in the country. The data showed a decrease with ... Read More »

FG approves N72bn to boost Nigeria’s power distribution networks

The Federal Government has approved N72 billion to enable Electricity Distribution Companies (DisCos) step up electricity generation. This is aimed at meeting the needs of consumers in the country. Managing Director of the Transmission Company of Nigeria (TCN), Usman Gur Mohammed, disclosed this yesterday at a media forum in Abuja. He said the lack of stable power was due to ... Read More »

No extension of voter registration beyond August 17 — INEC

The Independent National Electoral Commission (INEC) says the August 17 deadline for the Continuous Voter Registration (CVR) will not be extended. The commission said the exercise would resume after the 2019 General Elections scheduled from February 26 and March 2. Mohorret Bigun, Public Affairs Officer of INEC in Gombe told the News Agency of Nigeria (NAN) on Wednesday that the ... Read More »

Tambuwal announces return to PDP, explains exit from APC

Sokoto State Governor, Aminu Tambuwal, on Wednesday publicly declared his exit from the All Progressives Congress (APC). The former House of Reps Speaker announced that he had returned to the People’s Democratic Party (PDP). The development is the climax of Tambuwal’s face-off with his political godfather and former Governor, Senator Aliyu Wamakko. Informed sources said Tambuwal is eyeing the PDP ... Read More »

Alleged contempt: Court orders arrest of INEC chair, Mahmoud

Justice Stephen Pam of the Federal High Court Abuja Wednesday ordered a bench warrant against the Chairman of the Independent National Electoral Commission (INEC), Prof. Yakubu Mahmoud, for disobedience of court order. Justice Pam gave the order for the arrest of Mahmoud following his absence in court to show cause why he should not be committed to prison for alleged ... Read More »

Settlement banks to submit N15b clearing collateral with CBN

The Central Bank of Nigeria (CBN) has asked settlement banks to provide clearing collateral of not less than N15 billion treasury bills. The directive was contained in the CBN’s Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for Fiscal Years 2018/2019 released by the regulator. The CBN said it would continue to categorise banks into settlement and non-settlement banks for ... Read More »

APC spokesman, Abdullahi, quits party

All Progressives Congress National Publicity Secretary, Bolaji Abdullahi, has resigned from the party. Abdullahi, whose political family in Kwara state led by Senate President Bukola Saraki defected Tuesday to the Peoples Democratic Party (PDP), announced his resignation from APC on Wednesday. In a statement released on Wednesday, Abdullahi said he found distasteful the move by the party leadership to undermine ... Read More »

Lagos NYSC advises corp members on security

The National Youth Service Corp (NYSC) has again advised corp members to be security conscious during the service year. Mr Muhammed Momoh, Lagos State NYSC Coordinator, gave the advice in an interview on Wednesday in Lagos. Momoh said that corp members needed to be safe for them to serve the nation effectively. “We inculcate security consciousness in them right from ... Read More »

Oil prices fall as OPEC increases production

Oil prices have decreased after OPEC production was raised. September Brent crude futures fell by seven cents to reach 74.90 dollars a barrel at 01:09 GMT after rising 68 cents, or 0.9 per cent, on Monday. US West Texas Intermediate (WTI) crude contract prices also fell six cents to reach 70.08 dollars a barrel, after rising more than two per ... Read More »

Kenyan athletes land at Asaba after nights of chaos, remain upbeat

Kenyan athletes have finally landed in Asaba, Nigeria, after nights of lack of hotels and charter flights ahead of the Africa Senior Athletics Championships. They were all smiles while embarking from the aircraft at Asaba International Airport, team manager Abraham Mutai saying they remained focused. “Get to the hotel and learn the programme,” he told the athletes. “Our spirits remain high ... Read More »