Senate Speaks On Controversial N5.5bn Budget For Cars

The Nigerian Senate on Monday faulted a suit seeking to stop it from utilizing the sum of N5.5billion it has allegedly earmarked for the purchase of official vehicles for its Principal Officers.

FG Acquires $8.5 Million Calibration Aircraft

On Friday, 29th August 2019 Federal Government of Nigeria (FGN)received the delivery of a calibration Aircraft valued at $8.5 millionAircraft will be used across the country.

Niger Delta: Eni Announces Huge Gas Discovery

Italian multinational oil and gas company, Eni has announced the discovery of huge gas and condensate found in its Obiafu-Obrikom oil fields in oil mining lease (OML61) onshore Niger-Delta region. The find which was about one trillion cubic feet of gas and 60 million barrels of associated condensatewas through the Nigerian Agip Oil Company (NAOC).

Returns of Mutilated Bank Notes: No Deadline - CBN

The Central Bank of Nigeria (CBN) has disclosed that the general public can continue to return mutilated banknotes to their banks after the September 2, 2019 deadline earlier reported. It stated that banks would continue to accept the bad notes from customers as part of its efforts to improve the overall quality of the naira notes in circulation.

Pius Odubu Emerges As NDDC Chairman, As Buhari Appoints New NDDC Board

President Muhammadu Buhari has approved the appointment of a 16-man new board of the Niger Delta Development Commission (NDDC), with Dr Pius Odubu as the Chairman.This was made known in a statement signed by Olusegun Adekunle, the Permanent Secretary (General Services Offices), Office of the Secretary to the Government of the Federation (SGF).

U.S. Company Partners With CBN To Improve Cassava Production And Processing In Nigeria

A US-based company, Shine Bridge Global (SBG) has disclosed its willingness partner with the Central Bank of Nigeria (CBN) and other agencies to produce enough cassava that would be processed into functional flour for making gluten-free consumer foods for humans and animals in Africa, North America, and Europe.

FG Generates N311.94bn From VAT In Q2, 2019 —NBS

The Federal Government has said it generated N311.94 billion from Value Added Tax in the second quarter of 2019. The National Bureau of Statistics, NBS stated this in its Sectoral Distribution of VAT, Quarter Two obtained from its website on Tuesday in Abuja.

Take All Mutilated Naira Note To Bank Latest Monday – CBN To Nigerians

The Central Bank of Nigeria (CBN) has directed that all Nigerians in possession of mutilated naira notes to surrender them to the nearest bank latest by Monday 02nd Sept, 2019. The CBN disclosed this was part of its effort to improve the quality of naira notes in circulation.

Reps Member Cautions Total Oil Against Relocation Plan

The member representing Degema/Bonny Federal Constituency in the House of Representatives, Hon. Doctor Farah Dagogo, has cautioned the management of TOTAL Group against relocating its servicing companies working in Egina offshore Field, Onne, to Ladol Yard in Lagos State.

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