AriseNews

Nigeria’s Parliament Passes N6.2tn 2024 Appropriation Act, Finance Act

The National Assembly has approved the N6.2 trillion amendment to the 2024 Appropriation Act.

2 months ago

Wale Edun: Nigeria Has Allocated N1tn in Incentives to Manufacturing Sector

Finance Minister Wale Edun announced that the FG has injected N1tn into manufacturing sector as incentives over the past year.

2 months ago

Nigerian Navy Intensifies Fight against Oil Theft, Destroys Illegal Bunkering Hideout

The Nigerian Navy’s Quick Response Team has arrested two crude oil thieves and destroyed their camp in Rivers State.

2 months ago

CBN Raises MPR to 26.75%, Tightens Asymmetric Corridor To Further Curb Inflation

In its fourth consecutive hike since February, the CBN has increased the MPR by 50 basis points to 26.75%.

2 months ago

National Assembly Passes Bill Increasing Minimum Wage to N70,000

Nigeria's parliament has passed a bill increasing the national minimum wage to N70,000, shortening the review period to three years.

2 months ago

Nigeria Customs Generates N80bn Revenue at Lagos Airport in Six Months

The Murtala Muhammed Area Command has generated over N80 billion in customs duty, other charges between January and June 2024.

2 months ago

‘Shocking, Self-Defeating’: AfDB President Adesina Defends Dangote Amid Dispute with Regulator

AfDB President Adesina has expressed concern over the Dangote-NMDPPRA squabble, urging protection of Dangote's refinery investment for Nigeria's benefit.

2 months ago

Akpabio Tackled Over Gender Bias + Tinubu Urged To Dialogue + Adesina Condemns Dangote Impasse – Trending With Ojy Okpe

https://cdn.veri.app/51b97c0c-3d01-406b-a006-b466ceeeb7a6.mp4 The former Chief whip of the senate, Ali Ndume, has called on President Bola Ahmed Tinubu, to address the…

2 months ago

Peter Obi Threatens To Sue Onanuga For Defamation, Demands N5bn In Damages

Peter Obi's lawyers have demanded N5 billion in damages from Bayo Onanuga for defamatory claims linking him to nationwide unrest.

2 months ago

Nigeria  Pushes for 5% Renewable Energy Compliance by Distribution Companies Amid Power Sector Challenges

Nigeria has demanded 5% renewable energy compliance from power distribution companies, introducing funding initiatives to enhance renewable energy deployment.

2 months ago

Peter Obi Accused By Presidency Of Plotting Protests + Dangote Refutes Monopoly Accusations – Trending With Ojy Okpe

https://cdn.veri.app/3c6a522e-44a9-47ee-a62a-43498cd1a900.mp4 Africa’s richest man, Aliko Dangote and his $20 billion dollar Refinery, were trending at number one over the weekend,…

2 months ago

Ugandan Authorities Seal Opposition Headquarters Ahead Of Protests

Soldiers and police have sealed Uganda's National Unity Platform’s headquarters in a precautionary move ahead of planned anti-government protests.

2 months ago

Boeing Scales Back Farnborough Air Show Amid Safety and Production Crises

Boeing has scaled back its Farnborough Air Show presence amid ongoing safety issues, while Airbus showcased its new A321XLR.

2 months ago

Emir Praises Tinubu Administration’s Road Rehabilitation Efforts in Katsina

Emir Abdulmumini Kabir Usman of Katsina has said the Katsina-Dutsinma-Mararrabar Kankara Road will boost the economy and security.

2 months ago

After Sourcing From US and Brazil, Dangote Refinery to Seek Crude from Libya and Angola Amid Supply Hurdles in Nigeria

Dangote Refinery is negotiating with Libya and Angola for crude oil to tackle domestic supply challenges

2 months ago

Netanyahu To Visit Washington After President Biden’s Re-Election Decision

Netanyahu has announced plans to visit Washington to meet President Biden amid US pressure to resolve the Gaza conflict.

2 months ago

Tinubu Back in Abuja after Attending AU Meeting in Ghana

President Bola Tinubu has returned to Abuja from Accra, where he attended the 6th Mid-Year Coordination Meeting of the AU.

2 months ago

NSIB Investigates Max Air Incident After Aircraft Loses 4 Tyres While Taxiing

An Abuja-bound Max Air flight with 119 passengers became disabled at Yola Airport after losing all four tyres while taxiing.

2 months ago

Court Discharges Former Aides to Ex-Senate President Saraki in N3.5bn Fraud Case

Gbenga Makanjuola, and Kolawole Shittu have been cleared of N3.5 billion fraud charges by a Federal High Court in Abuja.

2 months ago

Shaibu Calls Court Reinstatement An Act of God, Says He’s Fighting To Restore Dignity To Deputy Governor’s Office

Edo Deputy Governor Shaibu has said he is fighting against impeachment to protect the office of deputy governor in Nigeria.

2 months ago