The Economic and Financial Crimes Commission (EFCC) has on Sunday arrested nine persons suspected to have been involved in train ticket racketeering in Abuja and Kaduna following a carefully planned operation by the personnel of the commission.

NNPC Refute Claims On PMS Hike

Following the widespread rumor that the Federal Government has perfected plans to increase the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Corporation (NNPC) has refuted such claims. It added that the ex-depot price of Premium Motor Spirit (PMS) also known as petrol remains N133.28 per liter.

More Developmental Projects For N’Delta Region - FG

As part of plans for a more cohesive nation, President Muhammadu Buhari administration has pledged more developmental projects to the region. Speaking at an event in Kurutie, Warri South-West Local Government Area of Delta State, Mr. Edobor Iyamu, representative of Vice President Yemi Osinbajo described President Muhammadu Buhari as “a man of his words and he has made that clear over and over again with regards to the Niger Delta, in the last four years.”

Nigeria, Cape Verde Partner on Air Transport Services

The Federal Government has announced that the air service agreement with the Government of Cape Verde has been finalized. The Minister of Aviation, Sen. Hadi Sirika made the announcement at the first International Civil Aviation Organisation and the World Tourism Organisation Ministerial Conference in Sal Island, Cape Verde.

The Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, on Friday lamented that banks are allegedly being converted into fraud and money laundering institutions in the nation.

The 650,000 barrels per day Dangote refinery is billed to produce 65.4 million litres of petrol, Kerosene, Diesel and aviation fuel when fully attain operation. Devakumar Edwin, the Group Executive Director, Strategy, Capital Projects & Portfolio Development, disclosed this during an interview.

The Senator representing Kogi West in the National Assembly, Dino Melaye on Saturday raised the alarm over the latest move by the State Governor, Yahaya Bello, ahead of the state’s governorship election.

Stock Market Indices Appreciates By 0.68%

Weekly transactions on the Nigerian Stock Exchange (NSE) closed on Friday with market indicators appreciating marginally by 0.68 percent. The All-Share Index, which opened at 30,833.50 on Friday, rose by 207.92 points or 0.68 percent to close at 31,041.42.

ILO Names Nigeria On Governing Board

The International Labour Organisation (ILO), has nominated Nigeria for titular position on its governing board, representing the West Africa region. The disclosure was made by Nigeria's minister of Labor and Employment, Sen. Chris Ngige, on Friday via a statement issued by Mrs. Rhoda iliya, an Assistant Director with the ILO.

Photo Credit: NAN

A group known as United Global Resolve for Peace (UGRFP) on The Treasury Single Account (TSA) is urging the Federal Government to review charges on the Treasury Single Account (TSA) policy.