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    Kapital FM 92.9 The Station that Rocks!

Kevin

2754 Results / Page 185 of 306

Economics

Labour Union Protests At NAFDAC Office Over Ban On Sachet Alcoholic Drinks

Organised Labour stormed the Lagos office of the National Agency for Food, Drug Administration and Control, NAFDAC, yesterday, Feb. 6, to protest over the ban and shut down of production lines of companies manufacturing alcoholic drinks in sachets and small bottles below 200ml. Led by leaders of the Trade Union Congress (TUC) of Nigeria and the National Union of Food Beverage and Tobacco Employees (NUFBTE),  Labour rejected the ban on […]

todayFebruary 7, 2024

Business

Naira Weakens At Official Market, Banks Sell $584m

The value of foreign exchange transactions recorded on the official Nigeria Autonomous Foreign Exchange Market has risen to $584m, according to data posted on the FMDQ Exchange on Tuesday. This represents a significant increase from the $440m daily transaction previously recorded on the platform. The development came as the national currency weakened against the United States dollar at the official market on Tuesday. It closed at N1433/dollar, compared to N1419/dollar […]

todayFebruary 7, 2024

Featured

Tinubu Returns From France, Orders Emergency Meeting On Food Security

President Bola Tinubu, on Tuesday night, returned to Nigeria after a two-week private visit to Paris, France. The presidential jet, NAF 001, touched down at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja at about 9 pm. The President was received by top government officials, including his Chief of Staff, Femi Gbajabiamila; Secretary to the Government of the Federation, George Akume; National Security Adviser, Nuhu Ribadu and the […]

todayFebruary 7, 2024

Featured

Eagles N3bn Richer, Squad Arrives Bouake For Bafana Clash

Following the Super Eagles’ progression to the semi-finals of the ongoing Africa Cup of Nations in Ivory Coast, The  team has earned a prize money of $2.5m (N3bn). Nigeria reached the semi-finals of the 34th edition of the AFCON after defeating Angola 1-0 at the Felix Houphouet Boigny Stadium in Abidjan on Friday. As one of the remaining four teams in the competition, the Eagles, alongside South Africa, their semi-final opponents; […]

todayFebruary 6, 2024

Featured

AFCON: Osimhen Doubtful For South Africa Clash

There are concerns about the availability of striker, Victor Osimhen for the Super Eagles’ Africa Cup of Nations semi-final clash against South Africa. According to a statement by the team on Monday, the Napoli striker is suffering from abdominal discomfort and has not traveled with the team to Bouaké, the city of Wednesday’s clash. The 25-year-old can however join the rest of the squad on Tuesday if he is cleared by […]

todayFebruary 6, 2024

Featured

  The Senate says the 2024, N5.079tr revenue target of the Nigeria Customs Service, NCS will be reviewed upwards from the second half of the year to save the country from further borrowings. Chairman, Senate Committee on Customs, senator Isah Jibrin stated this at a crucial meeting with the Comptroller General of the Nigeria Customs Service, NCS, Adewale Adeniyi and top management staff of the service. He told the Agency […]

todayFebruary 6, 2024

National

NNPCL Collaborating With US To Meet Net Zero Carbon Goals

  The Nigerian National Petroleum Company Limited, NNPCL says it is collaborating with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals. To this end, it says it is embarking on a project aimed at reducing the emission of methane and other greenhouse gases from its upstream operations. This is contained in a statement by the Chief Corporate Communications Officer, Mr […]

todayFebruary 6, 2024

Featured

Wike To Contractors – Rain Should Not Stop Road Projects

    The era of using the rainy season as an excuse by contractors to delay road projects execution will no longer be tolerated. Minister of the Federal Capital Territory Administration, Mr Nyesom Wike, who gave this warning in Kuje Area Council, warned contractors handling the Tipper Garage - LEA Secretariat road to be prepared to deliver a timely job, or risk revocation of the contract. Wike emphasised, that if […]

todayFebruary 6, 2024

Economics

Naira Rebounds As Banks Offload Excess Dollars

Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings, Deposit Money Banks on Thursday made frantic efforts to offload their surplus dollar stocks. It was learnt that the treasury departments of the DMBs spent the entire day battling to sell their excess FX holdings. Officials processed several foreign exchange request forms of their customers […]

todayFebruary 2, 2024