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EFCC raids Dangote Head Office over alleged abuse of forex allocations
Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, in furtherance of the ongoing investigation into the alleged abuse of the foreign exchange allocations by the immediate past Governor of the Central Bank of Nigeria, Godwin Emefiele, according…
Read More »Tinubu appoints Executive Directors for NPA, NIMASA
President Bola Tinubu has approved the appointment of new Executive Directors in two (2) agencies under the Federal Ministry of Marine and Blue Economy: Nigerian Ports Authority (NPA): (A) Ms. Vivian C. Richard Edet — Executive Director, Finance & Administration (NPA) (B) Engr. Olalekan Badmus — Executive Director, Marine &…
Read More »CBN assures depositors of the safety of their funds
The Central Bank of Nigeria (CBN) has reacted to reports about a recommendation for the Federal Government to take over some CBN-supervised financial institutions, saying, Nigerian banks remain safe and sound. In a statement by Mrs Sidi-Ali, Hakama, Ag. Director, Corporate Communications, CBN, the apex bank encouraged the public to continue…
Read More »BREAKING: Governor Rotimi Akeredolu is dead
Governor Rotimi Akeredolu, a Senior Advocate of Nigeria (SAN), and former president of the Nigerian Bar Association (NBA), won his re-election as the state governor in October 2020 and was sworn in for a second term in office in February 2021. However, Akeredolu experienced health issues after seeking medical treatment…
Read More »FAAN, NiMet, NAMA, NCAA, NSIB bosses ordered to hand over after sack
As President Bola Tinubu approved the suspension, removal, and replacement of various Chief Executive Officers (CEO) and heads of agencies under the Federal Ministry of Aviation and Aerospace Development, the Minister of Aviation and Aerospace Development, Mr Festus Keyamo has ordered Directors of Agencies under the ministry to hand over…
Read More »NNPC sees 1.785mbpd projected oil production for 2024 budget, $77.96 price benchmark as realistic
By Folarin Emmanuel The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari, gave the assurance during an interactive…
Read More »UNIDO Seeks NASENI Collaboration on Renewable Energy Solutions
The United Nations Industrial Development Organization (UNIDO) is seeking the collaboration of National Agency for Science and Engineering Infrastructure (NASENI) to reduce energy poverty in the country via domestication of renewable energy solutions and to fast-track industrial development of the country. The Deputy Head, UNIDO Nigeria Office, Mr. Adekunle Olusile…
Read More »Ogun CNG buses begin Mowe-Ibafo-Berger operations
The Compressed Natural Gas (CNG) powered buses of the Ogun State Government, tagged ‘DapoCNG Bus’ on Monday, commenced operations along the Mowe-Ibafo-Berger, Lagos axis of the state. The buses, according to the state Commissioner for Transportation, Mr. Gbenga Dairo are to operate ahead of the introduction of the Bus Rapid…
Read More »Nigeria: Chief Justice assures of full 21 justices for Supreme Court next year
The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola has promised to do everything possible to ensure that the apex court attains its full complement of 21 justices before he retires next year Ariwoola said this at the opening of the 2023/2024 new legal year and the conferment of the…
Read More »Tinubu presidency is God-ordained, says Oba of Benin
Hails Sanwo-Olu’s giant strides in Lagos Governor takes Royal Father on tour of State Museum The Oba of Benin, Omo N’ Oba N’ Edo, Uku Akpolokpolo, Ewuare II, on Sunday, said God ordained Asiwaju Bola Tinubu to be President of Nigeria and called on all Nigerians to support the administration…
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