Africa
Sea Robbery Attempt Shakes Nigerian Waters After 4 Year Lull
In a daring twist of the high seas, Nigerian waters witnessed their first attempted sea robbery in four years and it unfolded in dramatic fashion. In a statement released by the Head of Public Relations at the Nigerian Maritime Administration and Safety Agency (NIMASA), Osagie Edward, the agency confirmed that…
Read More »Shettima Urges Stronger MDA, PEBEC Collaboration to Boost Business Climate
Vice President Kashim Shettima has urged Ministries, Departments, and Agencies (MDAs), along with members of the Presidential Enabling Business Environment Council (PEBEC), to strengthen their collaboration in order to create a more business-friendly environment across Nigeria. Speaking on Wednesday at the closing session of the PEBEC Retreat for heads of…
Read More »ARCID 2025 Ends in Abuja with Strong Call for Investment and Collaboration in Africa’s Water Sector
The 6th African Regional Conference on Irrigation and Drainage (ARCID 2025) wrapped up in Abuja on Wednesday, April 16, with stakeholders across the continent calling for greater investment, stronger regional partnerships, and inclusive participation to revolutionize water resource management and irrigation systems in Africa. At the closing ceremony, the Minister…
Read More »NNPCL’s Olufemi Soneye Clinches 2025 NIPR Spokesperson of the Year Award
Nigerian National Petroleum Company Limited (NNPCL), Chief Corporate Communications Officer, Olufemi Soneye has been named the 2025 Spokesperson of the Year by the Nigerian Institute of Public Relations (NIPR). Soneye triumphed over top contenders including Shell’s Igo Weli, NIMASA’s Osagie Edward, Nigeria Police Force’s ACP Olumuyiwa Adejobi, and Sifax Group’s…
Read More »Nigeria to launch e-visa, digital cards
The Federal Government of Nigeria will launch an e-visa system and digital landing/exit cards to enhance national security, according to Mr Festus Keyamo, Minister of Aviation and Aerospace Development. Speaking on Wednesday in Abuja when he received a delegation led by the Minister of Interior, Mr Olubunmi Tunji-Ojo, he said…
Read More »NDIC to pay first tranche of liquidation dividends to Heritage Bank depositors this month
The Nigeria Deposit Insurance Corporation (NDIC) has confirmed that it would begin the payment of the first tranche of liquidation dividends to depositors of Heritage Bank from April. It would be recalled that Heritage Bank operating licence was revoked by the Central Bank of Nigeria (CBN) on June 3, 2024.…
Read More »CBN Reports Strongest Net Reserve Position in Over Three Years
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. According to the CBN, NFER stood at $23.11 billion,…
Read More »Names of 58 Dead Nigerians With Unclaimed Properties in UK Unveiled
The United Kingdom government has released names and addresses of no fewer than 58 dead Nigerians with unclaimed estates. According to an updated list released on Monday, March 24, a total of 5,806 people from different countries including 58 Nigerians died with no one to claim their properties. The estates belonging to…
Read More »Dangote Petroleum suspends sales of petroleum products in Naira
Dangote Petroleum Refinery has confirmed that it has temporarily halted the sale of petroleum products in Naira. According to a note by the Management to customers on Wednesday, the company said “This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which…
Read More »NNPCL refutes reports of explosion at Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. The company in a statement by Olufemi O. Soneye, Chief Corporate Communications Officer clarified that what occurred was a flare incident, which had since been fully…
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