President Bola Tinubu on Wednesday ordered the immediate suspension of the cashless policy at airport toll gates introduced by the Federal Airports Authority of Nigeria (FAAN) on March 1.The policy mandated digital payments via “Go Cashless” cards or POS systems for toll gates, parking, and other access points, replacing over
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The National Orientation Agency (NOA), in collaboration with the National Agency for Food and Drug Administration and Control (NAFDAC), on Tuesday launched a joint campaign to enforce the ban on sachet alcoholic drinks in Nigeria.The initiative, also supported by the Federal Competition and Consumer Protection Commission (FCCPC), aims to safeguard
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President Bola Tinubu has nominated Mr Taiwo Oyedele as the minister of state for finance, replacing Dr Doris Uzoka-Anite.Uzoka-Anite will now move to the Ministry of Budget and National Planning as the Minister of State, her third portfolio in the administration.Already, President Tinubu, on Tuesday, conveyed the nomination of Oyedele
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Nigeria’s lingering power outages, which have persisted for weeks and are being experienced across the country, are primarily due to inadequate gas supply to thermal power plants, the Nigerian Independent System Operator announced on Friday, attributing the sustained drop in electricity generation to severe fuel constraints affecting the national grid.In
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President Bola Tinubu has issued an Executive Order directing direct remittance of oil and gas revenues to the Federation Account.The order is to safeguard and enhance revenues, curb wasteful spending and eliminate duplicative structures in the sector.This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on
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The United States has frozen the assets and properties of eight Nigerians accused of having links to the Islamic sect, Boko Haram, and the Islamic State of Iraq and the Levant.This was contained in a 3,000-page document dated February 10, released by the United States Treasury’s Office of Foreign Assets
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Lagos State has emerged as the world’s fastest-growing tech ecosystem in 2025, surpassing Istanbul, Mumbai, and São Paulo, according to the 2025 Dealroom Global Tech Ecosystem Index, which benchmarks 288 tech hubs across 69 countries.The report placed Lagos at the top of the “Rising Stars” category, outpacing emerging markets such
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Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a 62-year-old Lagos-based businessman, Nwabueze Nicholas Izueke, at the Mallam Aminu Kano International Airport, Kano, while heading to China with 95 jumbo-sized wraps of cocaine weighing 1.589 kilogrammes concealed in his stomach.The agency said Izueke was arrested on January
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The Anambra State government has announced the reopening of the Onitsha Main Market on Monday for full economic and commercial activities, assuring traders and residents of adequate security.Recall that Governor Chukwuma Soludo ordered the closure of the market for one week following the failure of traders to comply with the
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The federal government on Monday, flagged off a free nationwide training program, signing agreements with six professional bodies.Stanley Nkwocha, the Senior Special Assistant to the President on Media & Communications, Office of the Vice President, said in a statement that about 10 million Nigerians will benefit from the financial inclusion
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