President of Dangote Group, Alhaji Aliko Dangote, on Wednesday, advised governments at all levels to encourage domestic investors. Dangote, who gave the advice at the Taraba International Investment Summit (TARAVEST) 2025 held in Jalingo, contended that only local investors could attract foreign investors to the country. The[Read More…]
The Vatican on Friday announced that Pope Leo XIV’s inauguration will take place on May 18 with a mass in St. Peter’s Square, following his election to succeed Pope Francis. The ceremony is to take place at 10 a.m. (0800 GMT) on May 18 at the Vatican. [Read More…]
An 18-member committee to oversee the implementation of the emergency rule in Rivers was set up by the Senate on Tuesday. President of the Senate, Godswill Akpabio, made the announcement at the resumption of sitting after the Easter recess. Akpabio stressed the need for having such[Read More…]
Governor Lucky Aiyedatiwa has said that Ondo State is exploring opportunities to leverage pension funds for infrastructural development in the state. The Governor stated this when he received a delegation from the National Pension Commission (PenCom) led by the Director General, Ms. Omolola Oloworaran in Akure, recently.[Read More…]
The Federal Government says plans were underway to offset the N4 trillion debt owed to the Power Generation Companies (GenCos) for electricity generated. Special Adviser, Strategic Communications and Media Relations to the Minister of Power, Mr Bolaji Tunji, told the News Agency of Nigeria (NAN) in Abuja on Tuesday that[Read More…]
President Bola Tinubu on Monday declared a national emergency on food security, urging expanded irrigation infrastructure and participatory water resource management nationwide. Tinubu made the declaration while opening the 6th African Regional Conference on Irrigation and Drainage in Abuja. He was represented by the Secretary to[Read More…]
The Nigerian Electricity Regulatory Commission, NERC, has descended hard on some Electricity Distribution Companies, DisCos over excessive billing of electricity consumers. Consequently, the regulatory agency has slammed Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola DisCos with a hefty fine of N628.03 million for non-compliance with its capping[Read More…]
Dangote refinery has announced a reduction in the price of his fuel to N865 following a drop in the price of crude oil in the global market. The new reduction is a N15 downward review from N880 per litre sold by the refinery on Wednesday. The[Read More…]
Independent National Electoral Commission (INEC) has finally turned down the request to recall Senator Natasha Akpoti-Uduaghan from the Senate. According to INEC, the petition did not meet the constitutional requirements outlined in Section 69(a) of the 1999 Constitution. INEC explained this today in a post on its official[Read More…]
President Bola Tinubu has removed the chairman, Nigerian National Petroleum Company Limited board, Pius Akinyelure, and the Group Chief Executive Officer, Mele Kyari. Tinubu also appointed Bashir Ojulari as Kyari’s replacement with immediate effect. Bayo Onanuga, Tinubu’s Special Adviser on Information and Strategy, announced the development in a statement he[Read More…]
