Nigeria News
We’ll do everything to ensure Gov Makinde’s second term — Commissioner
The Oyo State Commissioner for Information, Tourism and Culture, Dr Wasiu Olatubosun, has said he and other loyalists of Seyi Makinde would do everything possible to ensure the governor returns to the Agodi Government House for a second term. Olatubosun said he had started what he called political evangelism to market Makinde and he would […]
As Uzodimma Creates Ministry Of Homeland Security
Emmanuel Ogbonnaya assesses the value of the new Ministry of Homeland Security and Vigilante Affairs created by Governor Hope Uzodimma of Imo State On December 20, 2021, the Governor of Imo State, His Excellency Hope Uzodimma, swore in about 18 new commissioners, to reconstitute a cabinet he had gutted some months ago. In what came […]
Soludo Inaugurates 80-man Transition Committee
Anambra State governor-elect, Prof. Chukwuma Soludo has inaugurated members of his 80-man transition committee ahead of his March 17, 2022 swearing-in date. The former Central Bank Governor said he was optimistic that he would hit the ground running, while stating that he would stop at nothing to ensure that Anambra people who overwhelming voted him […]
BREAKING: 17 dead, 59 injured as explosion rocks Ghana town
At least 17 people were killed and 59 injured Thursday by an explosion that devastated part of a town in western Ghana after a truck carrying explosives collided with a motorcycle, the government said. “A total of 17 people have unfortunately been confirmed dead, and 59 injured people have been rescued,” Information Minister Kojo Oppong […]
Komolafe Confirms NNPC as Holder of Addax’s OML Licences
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NURPC), Mr. Gbenga Komolafe yesterday confirmed that the Nigerian National Petroleum Company Limited (NNPC) has retrieved the Oil Mining Licences (OMLs) 123, 124, 126 and 137, that previously was held under a Joint Venture (JV) agreement between the national oil company and Addax Petroleum, […]
Buhari: El-Rufai is Writing His History in Letters of Gold
President Muhammadu Buhari, yesterday, while inaugurating some projects in different parts of Kaduna State, gave a generous pass mark to the Northwestern state governor, Malam Nasir El-Rufai, saying he was writing history in letters of gold. Buhari, who confessed to having taken El-Rufai’s loyalty for granted, and went on to profusely thank him, […]
Enoidem: PDP Had 122 cases in High Courts, 44 in Courts of Appeal , 27 at the Supreme Court, We Won 90%
Okon Bassey holds a conversation with the immediate past National Legal Adviser of the Peoples Democratic Party PDP National Legal Adviser and National Chairman of Maintain Peace Movement, Mr. Emmanuel Enoidem On his achievements as PDP National Legal Adviser We thank God for the four years that spanned between December 10, 2017 and December 9, […]
Mustapha: My Campaign for APC National Chairmanship Has Taken a Life of Its Own
One of the top contenders for the office of National Chairman of the All Progressives Congress, Saliu Mustapha, tells Nseobong Okon-Ekong that he has the refreshing qualities that the party needs to regenerate itself for the task ahead Some people don’t think that your party, the APC will hold its convention in the advertised month […]
AFCON: Buhari Lauds Super Eagles For Keeping Hope Alive Winning All Group Stage Matches
President Muhammadu Buhari has hailed the Super Eagles of Nigeria for keeping hope alive in the ongoing Africa Cup of Nations (AFCON) in Cameroon by winning all their group matches and advancing to the second round of the tournament in grand style. The President, in a statement issued yesterday evening by his Media Adviser, Femi […]
Upstream Commission Rakes in N175bn from Sale of Marginal Fields
The Nigerian Upstream Regulatory Petroleum Commission (NURPC) yesterday disclosed that the 2020 marginal field bid round which was concluded last year so far has yielded about N174.944 billion, with owners of 30 fields having partially paid and two fields stalled by court cases. The new commission further stated that 20 companies which won the bids […]
Business News
Port Harcourt refinery projects 3.96 billion litres petrol annually, aviation fuel – Report
The Port Harcourt Refining Company, currently under rehabilitation, will supply 11 million litres of Premium Motor Spirit, popularly called petrol, to the domestic market, the latest report put together by the firm has stated. This means the company is expected to produce about 3.96 billion litres of petrol annually. It also stated that the facility […]
RMB Nigeria Advises BUA Foods on its Listing by Introduction on NGX
Rand Merchant Bank Nigeria Limited (“RMB Nigeria”) has said that it is proud to have acted as a Financial Advisor to BUA Foods Plc on its recent listing by Introduction on the main board of the Nigerian Exchange Limited (NGX). The listing, it stated in a statement, follows the successful combination of BUA Group’s food […]
Eko Disco appoints new board chairman
Solpia Nigeria Limited, the manufacturer of the X-Pression brand of hair products, says it has launched an app to check the counterfeiting of its products. According to a statement by the company, the new innovation will help the company to ensure a total elimination of fake X-Pression braids in the market. The company said that […]
IMF Proposes $50bn Trust Fund to Help Low-income Countries
As the COVID-19 pandemic continues to exert heavy strain on the global economy, the International Monetary Fund (IMF) is proposing a $50 billion trust fund which could help low-income and vulnerable middle-income countries to build resilience and sustainability. The trust fund is part of IMF’s options for channeling some of the $650 billion Special Drawing […]
NCC Alerts Nigerians on New Ransomware Attacking Networks
The Nigerian Communications Commission (NCC) has alerted members of the public about how a cybercrime group has perfected a New Year scheme to deliver ransomware to targeted organisational networks. The new ransomware uncovered by security experts has been categorised by the Nigerian Computer Emergency Response Team’s (ngCERT) advisory as high-risk and critical. NCC explained in […]
Glo Presents 13th Car under Extravaganza Promo
A 37-year-old insurance executive, Kafayat Adewale, has emerged the 13th car winner in the ongoing Globacom’s Joy Unlimited Extravaganza promo. The car Key was presented at the winner in Lagos, while other prizes were also presented to winners in Lagos recently. The car winner who was accompanied by friends and relatives to the prize-presentation event […]
MTN Nigeria Set to Train 3000 Youth Entrepreneurs on ICT
In line with its youth empowerment programme and contribution to the betterment of the nation and her citizens, MTN Foundation has opened up the application portal for the fifth edition of her ICT and Business Skills Training for youths in Nigeria. The training program will be held virtually and is set to train 3000 young […]
FCMB’s FastCash Offers N200,000 Support For School Fees, Emergency Needs
In a bid to help Nigerians deal with financial challenges and meet urgent needs without hassles, customers, and non-customers of First City Monument Bank Plc can now access a higher loan amount of up to N200,000 through FastCash – the bank’s quick loan product. They also have the additional benefit to spread the loan repayment […]
IPMAN faction kicks against inauguration of NEC by rival group
The Chinedu Okonkwo-led faction of the Independent Petroleum Marketers Association of Nigeria has described the inauguration of a parallel National Executive Committee for IPMAN as illegal. It disclosed this in a statement by its Board of Trustees issued in Abuja by its Secretary, Tunji Adeniji, stressing that the January 18, 2022 inauguration by the parallel […]
BUA Foods’ nine-month profit rises to N21.25bn
BUA Foods Plc has reported an operating profit of N21.25bn for the nine months ended September 30, 2021, up from N18.96bn in the same period a year earlier. The company, which was listed on the Nigerian Exchange Limited early this month, said on Tuesday that its net profit rose to N16.56bn in the period under […]