The Nation

EndSARS: Another protest will be highjacked in Nigeria — Sen.Ndoma-Egba

EndSARS: Another protest will be highjacked in Nigeria — Sen.Ndoma-Egba The Former Senate Leader & Chieftain of the All Progressive Congress, APC, Sen. Victor Ndoma Egba,  has expressed fears that another planned EndSARS protest, being planned by some persons would be hijacked by hoodlums. Speaking with journalists in Calabar, Cross River state, he said: “I feel […]

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CRYPTOCURRENCY: CBN orders banks to close customers accounts

CRYPTOCURRENCY: CBN orders banks to close customers accounts By Eyo Nsima   The Central Bank of Nigeria, CBN, has ordered financial institutions to close all Cryptocurrency-related accounts in Nigeria. According to the CBN, such accounts remain illegal in Nigeria, and consequently would not be allowed to operate. An investigation by The Daily, www.thedaily-ng.com, indicated that the

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FENRAD urges President Buhari to publish NDDC Forensic Audit Report

PRESIDENT BUHARI APPROVES FORMATION OF TRILLION NAIRA COMPANY TO ADDRESS INFRASTRUCTURE DEFICIT

PRESIDENT BUHARI APPROVES FORMATION OF TRILLION NAIRA COMPANY TO ADDRESS INFRASTRUCTURE DEFICIT President Muhammadu Buhari has approved the establishment of a Public-Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion. It is envisaged that, over time, the entity will grow to N15 Trillion in assets and capital. Infra-Co will

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DPR generates N2.24trn in 8 months, targets N5trn in December

Nigeria to upgrade oil downstream sector — DPR

The Department of Petroleum Resources (DPR), yesterday, said the Federal Government is making efforts to upgrade the downstream of the petroleum industry to a global standard. The downstream has the capacity to improve revenue from the oil and gas sector, increase contribution to Gross Domestic Product (GDP), and create massive employment, but has been bedeviled

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CRYPTOCURRENCY: We have sole right to regulate trading in Nigeria — SEC

CRYPTOCURRENCY: We have sole right to regulate trading in Nigeria — SEC   As the controversy over the use of cryptocurrency continues to linger, the  Securities and Exchange Commission, SEC has disclosed that it has the responsibility to regulate trading on all digital assets, including the currency in Nigeria.   The Central Bank of Nigeria (CBN) Circular of February 5, 2021, had previously

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR launches new system to monitor petroleum products distribution, smuggling, hoarding

The Department of Petroleum Resources, DPR has launched a new digital system to monitor the distribution of petroleum products in Nigeria. Speaking at the launch in Abuja, DPR Director/CEO, Engr. Auwalu Sarki, said: “Out very good information of how the products are been taken out of the borders. To do that, you need to know

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NCC warns against sale, use of non-type approved devices

NCC alerts on cloned Facebook Account

The Nigerian Communications Commission (NCC) has discovered a spurious Facebook Account purporting to be that of the Commission, thus misleading the public. In a statement obtained by The Daily, https://thedaily-ng.com, NCC stated: “In the course of its regular online surveillance aimed at protecting telecoms consumers and industry stakeholders, the Nigerian Communications Commission (NCC) has discovered

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