Uncategorized Archives - Page 7 of 17

FAAC Shares N1.894 Trillion February Revenue To Federal, State, Local Governments

NewsDeskNgMar 14, 2026March 14, 20260

Federal government, states and local governments share N1.894 trillion February allocation as VAT and statutory revenues decline. The Federation Account Allocation Committee (FAAC) Friday shared a total sum of N1.894 trillion to the three tiers of government for February 2026, from a gross revenue of N2.230 trillion. The disbursement took...

Lagos Alerts Residents Of Possible Flooding Ahead Of 2026 Rainy Season

NewsDeskNgMar 14, 2026March 14, 20260

State government advises Lagos residents to prepare for heavy rainfall, potential flooding, strong winds, and commercial disruptions this year. The Lagos State Government on Friday warned residents to brace for heavy rainfall and potential flooding as the 2026 rainy season approaches. The warning was issued by the state Commissioner for...

Fola Adeola Appointed Chairman Of 9-Member Presidential Taskforce On Nigeria Petroleum Reform

NewsDeskNgMar 14, 2026March 14, 20260

President Tinubu establishes taskforce led by Fola Adeola to design reforms, unlock capital, and boost Nigeria’s petroleum sector. President Bola Ahmed Tinubu has okayed the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector. Presidential...

Tinubu Hails Obaigbena’s Lekeelekee Social Media Platform, Backs Push To Challenge Big Tech

NewsDeskNgMar 14, 2026March 14, 20260

President Tinubu praises Nduka Obaigbena’s Lekeelekee social media platform, urging support for African digital innovation and stronger protection for Nigeria’s media. President Bola Tinubu has commended the Chairman and Editor-in-Chief of THISDAY Media Group and ARISE News Channel, Prince Nduka Obaigbena, for launching Lekeelekee, a new social media platform aimed...

Kano Protesters Condemn Israeli Actions In Palestine, Show Solidarity With Iran

NewsDeskNgMar 13, 2026March 13, 20260

Thousands of protesters in Kano condemn Israeli actions in Palestine and attacks on Iran during Quds Day rally. Thousands of Muslims in Kano State, largely members of the Islamic Movement in Nigeria (IMN) and other Islamic organisations, staged a protest demanding an end to Israeli occupation of Palestine and condemning...

Kayode Omosebi: Nigeria’s Economy Has Shifted From Fragility to Managed Stability

NewsDeskNgMar 13, 2026March 13, 20260

Nigeria’s macroeconomic environment has moved from systemic fragility to managed stability, supported by stronger fundamentals, improved foreign exchange supply and policy reforms. An economist and energy analyst, Kayode Omosebi, says Nigeria’s macroeconomic environment has transitioned from the crisis-driven fragility of previous years to a more stable and resilient economic structure,...

CBN Ready To Intervene As Middle East Crisis Puts Pressure On Emerging Market Currencies

NewsDeskNgMar 13, 2026March 13, 20260

Nigeria’s central bank says it is ready to intervene to stabilise the naira amid investor flight from emerging markets. Nigeria’s central bank says it has put contingency measures in place to stabilise the naira if the currency comes under pressure amid global investor flight from riskier emerging-market assets triggered by...

Nigerian Air Force Destroys Four Terrorists’ Gun Trucks In Sambisa Strike

NewsDeskNgMar 13, 2026March 13, 20260

Nigerian Air Force destroys four terrorists’ gun trucks during intelligence-led air interdiction operation in Sambisa Forest. The Nigerian Air Force (NAF) has destroyed four terrorists’ gun trucks and several logistics assets during a precision air interdiction operation in the Sambisa Forest area of Borno State.The operation was carried out by...

Tinubu Approves Procurement Of Military Hardware To Boost Anti-Terror Operations

NewsDeskNgMar 13, 2026March 13, 20260

President Tinubu approves fresh military equipment procurement as security forces intensify operations against insurgents and terrorist groups nationwide. President Bola Tinubu has approved the procurement of additional military hardware to strengthen the Armed Forces of Nigeria in their ongoing campaign against insurgency and terrorism across the country. The Minister of...

Ghana Approves Cannabis Cultivation For Industrial, Medicinal Use, Opens Licensing To Companies

NewsDeskNgMar 12, 2026March 12, 20260

Ghana legalises cannabis farming for industrial and medicinal use, opening licensing process to companies after parliamentary approval nationwide. Ghana has formally legalised the cultivation of Cannabis for industrial and medicinal purposes after lawmakers approved the policy framework allowing licensed companies to engage in regulated production. The decision follows approval by...