News

NNPC allays panic, says no petrol price increase in May

NNPC GMD, Mele Kyai The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Monday announced that there would be no increase in the ex-depot price of Premium Motor Spirit, popularly called petrol, in May. NNPC has maintained an ex-depot price of N148/litre since February despite …

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CBN freezes another 194 accounts of firms, BDCs, others

The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms and Bureaux de Change to enable it to conduct investigations into suspicious activities. It disclosed this on Thursday in three separate documents on its …

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Lagos to close Ikeja road for 15 months

The Lagos State Government will be diverting the traffic on Adegbola Street from Sunday 11th April, 2021 for 15 months. This is to enable the construction of Ikeja Overpass for the Red Line Project of the Lagos Rail Mass Transit. Commissioner for Transportation Dr. Frederic Oladeinde, in a statement, explained …

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Why Buhari terminated Adamu’s tenure extension

Minister of Police Affairs Maigari Dingyadi, said the three-month tenure extension of the outgoing Inspector-General of Police Muhammad Adamu was terminated following completion of the selection process for a new I-G. Usman’s appointment is with immediate effect. Buhari had on Feb. 4 extended the tenure of Adamu as the IGP …

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