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NPA denies Corruption Allegations, Defends Procurement Process

THE Nigerian Ports Authority (NPA) has denied allegations of corruption, insisting that misapplication of budgetary provisions is impossible under its strict regulatory framework. NPA’s General Manager, Corporate and Strategic Communications, Ikechukwu Onyemekara, said this in a statement on Sunday in Lagos. Onyemekara stated that the Authority’s budget and spending undergo …

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Nigeria to end Foreign Shipping Waivers

THE Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to end the issuance of waivers under the Coastal and Inland Shipping Act 2003. Oyetola made this known on Sunday in a statement by his spokesperson, Dr Bolaji Akinola, following a meeting with a delegation from NNPC Shipping, …

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UBEC unveils 3-year Roadmap to Reposition Basic Education

THE Universal Basic Education Commission has unveiled a three-year strategic development plan aimed at repositioning basic education sub-sector. The roadmap, tagged “UBEC 2025–2027 Strategic Blueprint” was officially launched at a two-day Management Retreat held by the Commission in Uyo, Akwa Ibom by the Executive Secretary of UBEC, Hajiya Aisha Garba. …

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Trump to slash Pharmaceutical Prices by 30% to 80%

U.S President Donald Trump said he would sign an executive order to lower prices of prescription drugs and pharmaceutical products. “Prescription Drug and Pharmaceutical prices will be reduced, almost immediately, by 30 per cent to 80 per cent,” Trump said in a social media post. They will rise throughout the …

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India-Pakistan to discuss Ceasefire

SENIOR military commanders from Pakistan and India will hold talks via telephone on Monday to extend a U.S.-brokered ceasefire along the disputed Kashmir region. The Directors-General of Military Operations (DGMOs) will discuss measures to ensure the ceasefire, effective since Saturday, stays in place beyond Monday. The agreement follows days of …

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Ceasefire: India Reopens 32 Airports for Civilian Flight Operations

INDIAN authorities Monday announced the reopening of 32 airports it closed down for civilian flight operations due to airspace restrictions in the wake of heightened tensions with Pakistan. The step was taken following a ceasefire agreement between the two countries reached on Saturday. In a statement, the state-owned Airports Authority …

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Police Arraign 38-year-old Man for Alleged Assault

A 38-year-old man, Yusuf Olasunkanmi, was  brought before an Ota Magistrates’ Court in Ogun on Monday, for allegedly assaulting another man with a blow. Olasunkanmi, whose address was not provided, is facing three-count charges of assault, conspiracy and breach of peace. The Prosecutor, Insp E. O. Adaraloye, told the court …

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Yuan Strengthens 7.2066 Against dollar

THE central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 29 pips to 7.2066 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent …

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