Micro-blogging site, Twitter, has described the decision of the Federal government to suspend its operations in Nigeria as “deeply concerning”. Twitter’s Senior Policy Communications Manager for Europe, Middle East and Africa, Sarah Hart, stated this in an email response sent to The Cable. The mail reads “The announcement made by the Nigerian Government…
The Federal government has announced the indefinite suspension of Twitter’s operations in Nigeria. Below is a statement released from the office of the Minister of Information and Culture, Lai Mohammed, announcing the suspension; ”The Federal Government has suspended, indefinitely, the operations of the microblogging and social networking service, Twitter, in Nigeria. The Minister of…
The Nigeria Customs Service (NCS) has announced that the agency generated N799 billion revenue between January and May 2021. The Public Relations Officer of the agent, Mr Joseph Attah, disclosed this on Monday, May 31, while addressing newsmen in Abuja. According to Attah, the revenue was higher compared with what was realised in the same…
President Buhari has sought the Nigerian senate’s approval for a fresh N2.343 trillion external loan to finance the 2021 budget. Senate President, Ahmad Lawan, read a letter from the president seeking approval for the loan during plenary today May 18.
Channels TV has apologized to the management of the Nigerian Broadcasting Commission NBC for its recent breach of broadcasting code. The broadcasting regulatory body recently sent a letter to the television house, cautioning it for interviewing the spokesperson of the Indigenous People of Biafra IPOB, Emmanuel Powerful. NBC’s Director of Public Affairs, Franca Aiyetan,…
The Central Bank of Nigeria (CBN) has ordered commerical banks and authorised foreign exchange (forex) dealers to henceforth accept both old series and lower denominations of the US dollars for deposit from customers. In a circular by the CBN’s Director of Currency Operations Department, Ahmed Umar, to all deposit money banks (DMBs), Bureau De Change…
The People’s Democratic Party has asked President Muhammadu Buhari to sack Minister of Finance, Zainab Ahmed for “attempting to mislead Nigerians” over allegations of the federal government printing N50-60 billion to support states’ allocations in March. Recall that while Zainab Ahmed denied claims of the federal government printing money for states to share, Governor of the Central Bank…
Nigeria’s inflation rate rose from 17.33% recorded in February to 18.17% in the month of March. In the latest report released by the National Bureau of Statistics (NBS), the Headline index increased by 1.56% in March 2021, this is 0.02% points higher than the rate recorded in February 2021 (1.54 percent). Food inflation, a closely watched index…
Governor Godwin Obaseki of Edo state has reacted to the federal government’s denial of his earlier claim of printing up to N50-60 billion for state governments to share in the month of March. In a statement shared on his official website, Governor Obaseki said he does not want to join issues with the Federal Ministry…
The Nigerian National Petroleum Corporation (NNPC) has said there will be no increase in the pump price of petrol until it completes its negotiations with organised labour. The group general manager, group public affairs division of NNPC, Kennie Obateru, disclosed this in a statement released on Friday, March 26. This development comes hours after…
