Shettima to represent Tinubu at BRICS summit in South Africa Vice President, Kashim Shettima, will depart Abuja for Johannesburg, South Africa to represent President Bola Tinubu at the 15th BRICS Summit of Heads of State and Government. The Director Information, Office of the Vice President, Mr Olusola Abiola, made[Read More…]
Fidelity Bank boss advocates measures to curb e-fraud challenges Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has called on the Nigeria Electronic Fraud Forum, NeFF to come with solutions to the challenges posed by electronic fraud to financial system. According to a report published in Vanguard[Read More…]
Tinubu announces Momoh as Minister of Niger Delta, reshuffles three ministers designate. President Bola Tinubu has approved the redeployment of Abubakar Momoh from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development. In a release by the Special Adviser to the President, (Media and[Read More…]
Federal Govt Impressed With $3 Billion NNPCL/Afreximbank’s Deal To Rescue Naira The Federal Government has expressed satisfaction with the fact that $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange[Read More…]
Spain win first Women’s World Cup, beating England 1-0 Spain has won their first Women’s World Cup title less than a year after a player rebellion, holding off England 1-0 on Sunday after Olga Carmona’s first-half goal. The victory made La Roja the first team to hold the under-17,[Read More…]
Tinubu targets 11,500 gas-powered vehicles in new initiative President Bola Ahmed Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to facilitate nationwide adoption of gas-powered vehicles. The Special Adviser to the President (Media and Publicity), Ajuri Ngelale, in a statement, on Saturday said the[Read More…]
Subsidy Removal: FG approves N180b grant for states to procure grains, fertilser Following the recent removal of fuel Subsidy, the Federal Government, on Thursday, approved N180 billion to be shared by the 36 states of the federation, to help them cushion the effects in the states. Nigeria government[Read More…]
CBN Introduces Foreign Exchange Price Verification System Portal The Central Bank of Nigeria (CBN) on Thursday introduced a foreign exchange price verification system designed for importers to have access to forex. CBN made this known in a statement from its Trade and Exchange Department on Thursday night. The apex[Read More…]
Elumelu’s Transcorp Consolidates its Power Play, Acquire 60% Majority stake in AEDC In a strategic move to consolidates Transcorp’s position in the Nigerian power sector, Christopher Ezeafulukwe, Managing Director/CEO of Transcorp Power Limited, has been entrusted by the Board of the Abuja Electricity Distribution Company (AEDC) to lead the[Read More…]
Nigeria burns up N373b through gas flaring in H1 2023 – NOSDRA Gas flaring cost the treasury N373 billion in the first half of the year ending June (H1 2023) as the waste rose 10 per cent year-on-year (YoY) to 138.7 million metric standard cubic feet (mscf) from 126.1 mscf[Read More…]
