Ex-NNPC GMD, Joseph Dawha, is dead

The Nigerian National Petroleum Corporation (NNPC) has announced the death of Joseph Dawha, who was its 16th Group Managing Director (GMD). The corporation disclosed in a statement issued by its Spokesman, Kennie Obateru, in Abuja, on Monday, that Mr Dawha died after a brief illness. The GMD, Mele Kyari, expressed ...

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Why we sacked our pilots – Air Peace

Devastating effects of COVID-19 pandemic responsible for sack of pilots- Air Peace The Air Peace says the devastating effects of COVID-19 pandemic on its operations was responsible for the sack of some pilots and supporting staff. The company said in a statement on Monday in Lagos that it took the ...

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EFCC secures final forfeiture of N827.6 million from NDDC contractors

The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of N827.7 million from two companies identified as contractors with the Niger Delta Development Commission (NDDC). The companies are Flank Power Resources Limited and GMFD Ventures Limited. In a statement on Monday signed by its spokesperson, Dele Oyewale, ...

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70% of revenue shared between federal govt, states in July from tax — FIRS

Earnings from taxation accounts for 70 per cent of the monthly statutory revenue allocation from the Federation Accounts, the Federal Inland Revenue Service (FIRS) has disclosed. The Executive Chairman of the agency, Muhammad Nami, said on Monday that with the negative impact of COVID-19 on other sources of revenue, tax ...

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Prices of tomatoes, rice, yam, eggs increase in June — NBS

The average price of major food items in Nigeria like yam, rice, tomatoes and eggs increased in June, the National Bureau of Statistics (NBS) has said. The NBS said this in the “Selected Food Price Watch (June 2020)” report published on its website. It said the average price of one ...

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Illegally detained lawyer sues SSS DG for flouting court judgment

Gabriel Ogbonna, the Abia-based lawyer who has spent over three months in the custody of the State Security Service (SSS), has filed a motion on notice against the agency’s Director-General, Yusuf Bichi. PREMIUM TIMES reported how Mr Ogbonna has been held in the custody of the secret police for over ...

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Sanwo-Olu reappoints man involved in pension scandal as LASU pro-chancellor

The Governor of Lagos State, Babajide Sanwo-Olu, has again reappointed Adebayo Ninalowo as the Pro-Chancellor of the Lagos State University (LASU) despite his involvement in the controversial diversion of N198 million pension fund. Mr Sanwo-Olu, on Thursday, approved the appointment of chairpersons and Governing Council members for four state-owned tertiary ...

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Planned protest over corruption in NDDC, others ‘ill-advised’ — Presidency

The Presidency has described a plan by the Trade Union Congress to embark on a protest over reported cases of corruption in three key government offices as “ill advised and totally uncalled for.” A statement Monday said the TUC planned to embark on a nationwide protest over the alleged President ...

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Nigerian Breweries earns N152bn revenue in six months

Nigerian Breweries Plc says it earned a revenue of N152 billion for the half-year (H1) ended June 30, 2020. Corporate Affairs Director, Sade Morgan, said this in a financial report on the company’s unaudited and provisional results sent to the Nigerian Stock Exchange (NSE) on Monday in Lagos. A breakdown ...

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Nigerian govt asks schools to communicate reopening dates to parents

The Nigerian government has directed all schools to communicate their specific reopening dates to parents and students to avoid chaos. The government also said the 104 Unity Colleges are ready to open ahead of the August 4 reopening date for schools. According to a press statement by the spokesperson of ...

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