Category: News
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The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Friday, rejected the move by the Senate Committee on Appropriation to increase the crude oil production benchmark in the 2024 Appropriation Bill from 1.7 million barrels per day to 1.8 mb/d. The Chairman, Senate Committee on Appropriation, Solomon Adeola, had…
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The naira fell to an all-time low of N1,099.05/$ the official Investor and Exporter forex window on Friday to cap what has been a turbulent couple of months for the national currency. This signifies a 30.36 per cent decline from its closing rate of N843.07/$ according to data from the FMDQ Securities Exchange. This is…
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President Bola Tinubu on Thursday told multinationals operating in Nigeria on Thursday that his administration was determined to remove all bottlenecks to the smooth running of their businesses. This was as he said no obstacle was too big to be removed to make Nigeria a safe-haven for large-scale investments. “We are very focused on resolving…
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Famous Afrobeat star, Fireboy DML, has just released a new single titled “Obaa Sima“. This talented artist has been making waves in the music industry and “Obaa Sima” is another amazing addition to his catalogue. Download and enjoy Download
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Public Announcement: The Ogun State Government has announced a reward of fifty (50) million naira for anyone with information that could lead to the arrest of the killers of the state’s Director of Finance and Administration (DFA), Mr. Taiwo Oyekanmi, on 29th November, 2023 in Abeokuta. Information provided would be treated with utmost confidentiality. Such…
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Renowned business mogul, Sir (Dr.) Emeka Offor, has once again brought joy to the lives of widows in Oraifite, Anambra State. Through the Touch-a-life initiative of the Sir Emeka Offor Foundation , he has successfully completed the construction of fully furnished brand new homes for 10 deserving widows. This noble initiative by Mr. Offor exemplifies…
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“Nigeria boasts one of the highest global population growth rates, with the World Bank anticipating a potential doubling of Nigeria’s population within the next 25 to 30 years.” The federal government has expressed concern over the increasing emigration of Nigerian skilled professionals and university graduates seeking enhanced education, employment, and prospects globally. President Bola Tinubu…
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The Labour Party presidential candidate in the 2023 elections, Peter Obi, has advanced reasons why foreign businesses were shutting down operations in Nigeria, linking the development to what he called a negative medium to long-term prospects strategy, unattractive investment profile and a continuous deteriorating business environment, among other indices. This is as he urged government…
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The last place former president #NelsonMandela called home has been abandoned. The mansion on 12th avenue in Houghton was being occupied by Mandela’s grandchildren but they moved out after the lights were cut due to unpaid utility bills – which according to his grandchildren are supposed to be paid by the Nelson Rolihlala Mandela Trust.…
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Some angry officers of the Nigerian Air Force (NAF) have expressed their frustration over the airstrikes on Tundun Biri in Igabi Local Government Area of Kaduna State carried out by the Nigerian Army. Over 120 lives were reported dead and more than 60 injured after the army drone bombed villagers celebrating Maulud on Sunday night.…