National Assembly transmits 2020 budget to Buhari
The National Assembly has transmitted the 2020 Appropriation Bill to the President, Major General Muhammadu Buhari (retd.) for assent. The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Mr Umar el-Yakub, confirmed this to our correspondent on Thursday night. Click here for more.
Buhari votes for African energy corp’s $1 billion recapitalization
President Muhamadu Buhari has thrown his weight behind the $1 billion recapitalisation of the African Energy Investment Corporation (AEICORP) at the extraordinary session of the Council of Ministers of African Petroleum Producers’ Organisation (APPO) in Abuja. Click here for more.
FG To Audit Spectrum Licences Issued In Last Two Decades
The Federal Government is planning to carry out frequency audit on all the spectrum licences issued from inception till date, in order to determine the amount paid, appropriate usage, and others issues around such licences. Click here for more.
FG suspends Turkish Airlines operations into Nigeria
The Federal Government has ordered Turkish Airlines to suspend its operations into Nigeria due to repeated cases of poor passenger treatment by the international carrier. Click here for more.
NBS insists unemployment data independent, not influenced by FG
The National Bureau of Statistics on Thursday said it was untrue that the Federal Government was deliberately frustrating the release of unemployment data. A newspaper (not The PUNCH) had reported that the Federal Government was frustrating the release of the data as the outcome of the survey was unfavourable. Click here for more.
NSEASI Firms Up Further By +0.51% As Market Sentiment Remains Positive
Equities market closed yesterday on a positive note, as NSEASI appreciated by +0.51% to close at 26,569.80 points as against +0.19% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -15.46%. Click here for more.
Here is what SMEs must understand about finance bill, others
The new finance bill has generated lots of controversies at different fora and among operators in the Small and Medium Enterprises (SMEs) as many do not understand the benefit and how it affects their businesses. Click here for more.
Oil Prices Fall As U.S. Crude Stocks Jump
U.S. crude stocks clocked a surprise rise in the most recent week while gasoline and distillate inventories also rose, data from industry group the American Petroleum Institute shows. Click here for more.
ISSAN Calls for Collaboration to Boost Cyber Security
Stakeholders in the Nigerian cyber security space under the aegis of the Information Security Society of Africa-Nigeria (ISSAN) have called for collaboration to boost cyber security in the country. Click here for more.
Johnson Wins Crushing Majority in Election That Upends Britain
Boris Johnson won an emphatic election victory that redraws the political map of Britain and gives the prime minister the mandate he needs to pull the U.K. out of the European Union next month. Click here for more.
Trump Approves U.S.-China Trade Deal to Halt Dec. 15 Tariffs
President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter. Click here for more.