MC Oluomo Defies Court Order, Assumes Office as NURTW President
November 20, 2024
Federal Government Reshuffles Governing Councils of FUOYE, Kogi Varsity
November 20, 2024
Saturday, November 23, 2024
Economy
2 Minutes
CBN To Increase Capital Base Of Banks
The Apex Bank of Nigeria (the CBN) has disclosed plans to increase the capital base of banks in the country. In his speech at the 2023 Bankers’ Dinner on Friday, CBN Governor Dr Olayemi...
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1 Minute
NNPCL Ends Fuel Import Dec 2024, Projects N4.5tn Revenue
The Nigerian National Petroleum Company Limited, on Thursday, said it would end the importation of refined petroleum products by December 2024 as all the country’s refineries would be operational by then. It also projected...
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1 Minute
Senate To Probe Money Spent On Refineries’ Maintenance Since 2010
The Senate on Wednesday resolved to mandate its Committee on Downstream Petroleum to investigate all contracts awarded for the rehabilitation of all the state-owned refineries between 2010 and 2023. The lawmakers also plan to...
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2 Minutes
FG Asks Supreme Court To Extend Old Notes Validity After December 31
The Federal Government on Wednesday asked the Supreme Court to grant an extension of time for old naira notes to remain in circulation as a legal tender. The government also wants the court to...
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2 Minutes
First Lady, Remi Tinubu launches Market Moni 2.0, targets 1.5m female-owned MSMEs
Oluremi Tinubu, the first lady, has launched Market Moni 2.0 to target 1.5 million women across the 109 markets in 109 senatorial districts across Nigeria. Market Moni was initially launched during the previous administration...
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2 Minutes
Don’t Frustrate Gas Flare Commercialisation, FG Warns Producers
The Federal Government has warned gas producers to stop discouraging awardees in the gas flare commercialisation programme from embarking on the project. It gave the warning at a meeting that had operators in the...
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Reactions As Sanwo-Olu Approved N3.75bn For Perfume, Rechargeable Fans
Lagos State Governor, Babajide Sanwo-Olu, has been widely criticised for approving N7.5 million to replace liquid fragrance in his office and N3 billion to purchase rechargeable fans for the office of his deputy, Obafemi...
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Ogun, Three Other States To Benefit From N500bn Afreximbank Support Fund
Ogun State is to benefit from a N500 billion financial support being packaged by the African Export-Import Bank (Afreximbank) in conjunction with Access Bank, Governor Dapo Abiodun has said. The Gateway State is to...
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Tinubu Arrives In Berlin For G20 ‘Compact With Africa’ Conference
President Bola Tinubu has arrived in Berlin, Germany where he is scheduled to attend the G20 Compact with Africa (CWA) Conference. The President, who left Nigeria some minutes past 7pm on Sunday, was received...
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Nigeria’s Inflation Rate Hits 27.33% Amid Soaring Food Prices
Nigeria’s inflation rate jumped to 27.33% in November 2023 as prices of food stuffs continue to increase in the aftermath of the removal of fuel subsidy by the President Bola Tinubu administration. This was...
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