A man named Shuaibu Yusuf from Borno State on Monday scaled a transmission tower in Abuja, threatening to leap unless his demands were fulfilled. Eko Hot Blog reports that the man had a hand-written note addressed to President Bola Tinubu, which contained his demands. Yusuf demanded the reversal of the fuel subsidy removal policy, the … Read more
Eko Hot Blog reports that the federal government of Nigeria has disclosed that discussions and negotiations are ongoing regarding the reopening of land borders with the Benin Republic and Niger Republic. The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, disclosed this to newsmen after the inauguration of the National Single Window Project at … Read more
Niger Republic reopens border with Nigeria in regions of Diffa, Tahoua, Maradi, and Dosso. Instructions issued by Nigerien Ministry of Interior for reopening at 12:00 midnight via radio message on social networks. Enhanced controls and security measures mandated along 1,500-kilometre boundary stretch following reopening. EKO HOT BLOG reports that Niger Republic reopens border with Nigeria in … Read more
The Federal Government has approved the re-opening of the Seme border for the importation of vehicles. The decision was made after complaints from freight forwarders operating at the border. The Customs service has noticed a reduction in its revenue since the importation of vehicles was banned. EKO HOT BLOG reports that Director of Road Transport … Read more
Border reopening, NSE The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched … Read more
The Vice-President, Prof Yemi Osinbajo, has said the Federal Government may reopen the land borders soon. The President, Major General Muhammadu Buhari (retd), had in October 2019 ordered the closure of the borders to check the menace of smuggling goods and arms and ammunition into the country and protect local businesses. The closure was, however, … Read more