Bank recapitalisation crucial for economic growth says SEC The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step toward unlocking Nigeria’s potential to achieve a $1tn economy, the Punch reports. He disclosed this at a recent forum[Read More…]
BUA Foods profit surges to N130bn amid headwinds BUA Foods Plc has recorded a 38 per cent growth in its profit after tax to N130bn at the end of June 2024, compared to N95.18bn in the same period of 2023 despite the macroeconomic headwinds. This was indicated in its financial[Read More…]
#EndBadGovernance protesters to hold Congress at Ojota to deliberate Tinubu’s address, Monday The #EndBadGovernance protesters will on Monday August 4 deliberate on the nationwide address of President Bola Ahmed Tinubu at a democratically held Congress in Ojota. Tinubu had addressed protesters on Sunday, urging organisers to suspend the street action[Read More…]
Tinubu addresses the nation amid protest Tinubu’s Full speech on August 4 BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED 1. I speak to you today with a heavy heart and a sense of responsibility, aware of the turmoil and violent protests unleashed[Read More…]
President Bola Tinubu will address the nation in a broadcast on Sunday, August 4, 2024, at 7 am. In a statement by the Special Adviser to the President, Media and Publicity, Ajuri Ngelale, television, radio, and other electronic media outlets are enjoined to plug into the network services of[Read More…]
NCAA declares airports safe despite train services halt The Nigeria Civil Aviation Authority assured passengers of their safety at the airports and smooth airline operations as the hunger protests continue nationwide. However, train services were suspended on Thursday as a precautionary measure against damages at train stations, particularly on[Read More…]
Association of Senior Civil Servants of Nigeria Commends Its Outgone Leaders Elated by the meritorious services rendered to the Union by members of the Central Working Committee (CWC) whose tenure expired on Monday, 29th July, 2024, the Secretary-General of Association of Senior Civil Servants of Nigeria (ASCSN), Comrade Joshua Apebo,[Read More…]
Global Leaders, Stakeholders Commit To Bold Solutions For Africa At ASIS 3.0 The Africa Social Impact Summit (ASIS) 2024, co-convened by The Sterling One Foundation and the United Nations, was held at the Eko Convention Center from July 25-26. This landmark event highlighted the importance of collaboration across[Read More…]
NNPC targets two million barrels oil production daily The Nigerian National Petroleum Company Limited has announced its goal to increase crude oil production to two million barrels per day by the end of the year. The country’s daily production rose from 1.27 million barrels in June to 1.6 million[Read More…]
Nigeria seeks $500m World Bank loan for dam safety, others The Federal Government has requested a $500m loan from the World Bank to improve dam safety and enhance water resource management across the federation. The request was disclosed in World Bank’s Project Information Document on Monday. According to the document,[Read More…]
