The prize money for Saturday’s (today) heavyweight title rematch between Anthony Joshua and Oleksandr Usyk in Saudi Arabia has been revealed. According to Evening Standard, Anthony Joshua and Oleksandr Usyk will each receive a guaranteed minimum of £33.2m ($40m) for their rematch. Recall that the duo went head-to-head on Wednesday ...
The National Broadcasting Commission (NBC) has revoked the broadcast licences of Silverbird TV, AIT, Raypower FM, and Rhythm FM amongst others over failure to renew their broadcast licences. Director General Mallam Balarabe Shehu, who disclosed this on Friday, directed its state offices to liaise with security agencies to ensure the ...
The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, grilled the Minister of Finance, Budget and National Planning, Zainab Ahmed, over payments of subsidy on Premium Motor Spirit (petrol) by the Federal Government. Ahmed disclosed that the government spends ...
Emirates Airline has announced the suspension of all flights in and out of Nigeria. This is due to unpaid $85million trapped in the country and unavailability of foreign exchange. The airline in a press statement on Thursday said it will stop its operations indefinitely starting from September 1, 2022 till ...
The National Bureau of Statistics has said Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis in July, the highest since 2005. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Prince Semiu Adeniran, said this in the Consumer Price Index for ...
The Nigeria Social Insurance Trust Fund (NSITF) has told the Senate that termites have eaten most of the vouchers containing details of how N17.158 billion yet to be accounted for was spent. The N17.158 billion, as stated in the 2018 audit report, was the total amount of money transferred by ...
The Central Bank of Nigeria (CBN) disbursed N75.9 billion loan to farmers between last November and December, under the Anchor Borrowers’ Programme (ABP). The fund was to support the cultivation of over 383,000 hectares of maize, rice and wheat during the year dry season, bringing the cumulative disbursements under the ...
The Federal Government said it has enrolled 1,042,890 indigent Nigerians into the Basic Health Care Provision Fund. The FG, however, said only 753,999 Nigerians in 24 states can assess free care. The Minister of Health, Dr. Osagie Ehanire disclosed this on Thursday at the quarterly Ministerial Oversight Committee Meeting of ...
The Nigerian National Petroleum Company (NNPC) Limited says it has renewed oil production sharing contracts (PSCs) with its partners — after nearly three-decade. NNPC said it also resolved lingering disputes with its production sharing contracts (PSCs) contractors. PSCs are contracts between E&P and the government concerning how much of the ...
Jaiz Bank Plc, says in that in the 10 years of its existence, it has grown its balance sheet from N12 billion in 2011 to N300 billion in 2021. Within the same period, the bank witnessed rapid branch expansion from three to 45 branches spread across the country today. Managing ...
