Aviation

FG Orders Implementation of New US Visa Validity Policy.

The Federal Government has directed the full implementation of a new visa reciprocity policy for citizens of the United States of America with effect from March 1, 2023. The Minister of Interior, Rauf Aregbesola, said the directive was issued following approval for the implementation of the new Bilateral Consular Policy Agreements between the two governments. The President, Major General…
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Banking

The CBN reviews the terms of office of bank directors.

The Central Bank of Nigeria has revised the regulatory requirements for the tenure of executive management and non-executive directors of Deposit Money Banks and Financial Holding Companies in the Code Of Corporate Governance For Banks And Discount Houses (Ref…
Banking

CBN appoints new press secretary.

The Central Bank of Nigeria has appointed Dr Isa Abdulmumin as its acting director of Corporate Communications Department. Abdulmumin, formerly a deputy director, took over from Osita Nwanisobi, who retired from the bank on Friday, after serving as the director of…
Economy

As FG lifts its charcoal ban, the exporter is targeting a $158 billion market.

The Federal Government has announced the conditional lifting of the ban on charcoal and processed wood export in a bid to revamp businesses and increase the country’s foreign exchange earnings. In a statement signed by the Head of Corporate Communications, Nigerian Export Promotion Council, Ndubueze Okeke, the Minister of Environment, Mohammed Abdullahi, disclosed this in Abuja at a…
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Economy

Interest groups are pushing for a plastic ban.

Stakeholders have called on the Federal Government of Nigeria to implement a ban on single-use plastic. The stakeholder who spoke at the Global Alliance for Incineration Alternatives Nigeria Members workshop on Civil Society Organisations Engagement with National and…
Energy

Troublemaker jailed for stealing EKEDC property.

The district court sentenced two perpetrators to various prison terms for damaging property belonging to Eko Power Distribution. This is stated in a statement signed by the Director of Corporate Communications of EKEDC. Abdullahi Yinusa and Abdullahi Musa were arrested and reportedly caught on charges of damaging cables and transformers, respectively, before going to trial. In his statement…
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Energy

Disco waives 408 MW of excess capacity - FG

Distribution companies have increased the amount of electricity they supply and distribute to consumers across the country as the latest federal government data shows a decline in the amount of electricity wasted in nightclubs. Data released by the Federal State Grid…
Aviation

Air Peace suspends flights due to elections.

Air Peace on Thursday announced that flight operations will be suspended on February 25 as a result of the general elections. However flight operations will resume February 26, the local airline assured. The airline disclosed this in a statement via its official Instagram handle. The statement reads, “Members of the public are hereby informed that there will be no scheduled flights on…
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