US revokes Iran oil waiver after Hormuz tanker attacks
The US Treasury Department canceled a license announced in June that had allowed Iran to produce, sell and deliver crude oil and related products through August 21.
Stock market extends rally, investors gain N1.86trn
Trading on the Nigerian stock market extended its bullish rally on Tuesday, leading to a N1.864 trillion gain for investors.
2023 Sokoto PDP governorship candidate Ubandoma defects to APC
By Musa Ubandawaki, Sokoto SOKOTO — Former Peoples Democratic Party (PDP) governorship candidate in the 2023 Sokoto State election, Sa’idu Umar Ubandoma, has defected to the All Progressives Congress (APC). Ubandoma, a former ally of ex-Sokoto State Governor, Senator Aminu Waziri Tambuwal, was received into the APC by the party’s leader in the state, Senator […]
Insecurity, soaring operational costs, others stall ICT tax boom
Nigeria’s Information and Communication Technology (ICT) sector recorded its first decline in Company Income Tax (CIT) in four years, reflecting a reversal of fortune in the sector.
Protesters urge Senate to delay ambassadorial nominee’s confirmation
By Gift ChapiOdekina, Abuja ABUJA — A coalition of concerned Nigerians and civil society organisations on Tuesday staged a protest at the National Assembly, calling on the Senate to suspend the confirmation of Professor Fashino Abayomi’s ambassadorial nomination. The protesters urged the upper chamber to delay consideration of the nomination, arguing that it should await […]
Pilots, engineers reject bill seeking to reduce NCAA funding
By Dickson Omobola National Association of Aircraft Pilots and Engineers, NAAPE, has kicked against a bill before the National Assembly proposing a review of the sharing formula for the five per cent Ticket Sales Charge, TSC, which would cut the Nigerian Civil Aviation Authority, NCAA’s, allocation from 56 per cent to 40 per cent and […]
