…Trains farmers on applications Determined to boost food production and enhance socio-economic development of its host communities, Dangote Cement, Ibese Plant has donated agricultural supplies to local farmers. This initiative is part of the company’s broader empowerment programme designed to ensure food security for the people. In what has become …
Read More »Stanbic IBTC Bank Nigeria PMI®: Output fails to grow, but new orders tick higher
Business conditions in the Nigerian private sector were broadly stagnant in August. Although new orders returned to growth, the rate of expansion was only modest and insufficient to result in a rise in business activity, which fell fractionally. Employment continued to increase, however, as firms worked through outstanding business at …
Read More »Woman Threatening To Kill Nigerians Arrested In Toronto, Canada
The Toronto Police Service has said that it has arrested a suspected hate-motivated threatening woman, Amaka Sonnberger, who hails from South Eastern Nigeria. Sonnberger had threatened to kill some Yorubas and people from Benin living in the country. The police said it received a call for a threatening incident on …
Read More »Tingo Founder, Dozy Mmobuosi, Fined $250m By US SEC
The US government has ordered Mr Dozy Mmobuosi, the CEO of Tingo Group, to pay a fine of over $250 million, months after he was officially charged with securities fraud in New York. First charged in December 2023, he was accused of orchestrating a massive scheme to inflate the company’s …
Read More »Forex crisis: Nigeria’s foreign trade payments crash by 57%
Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to $912.35m in the same period of 2023. This is according to the weekly International Payments Data provided by the Central Bank of Nigeria on its website. A Letter …
Read More »One out of every four Nigerian men is no biological father – DNA report
Smart DNA, a leading DNA testing centre in Lagos, has released its comprehensive 2024 report on DNA testing trends in Nigeria, covering July 2023 to June 2024. The report unveils several astonishing findings that shed light on societal dynamics, economic factors, and changing family structures in Nigeria. The report, which …
Read More »“Ignore the clout desperate dogs” – TG Omori debunks Portable’s claims
Ailing music video director, Thankgod Omori, popularly known as TG Omori, has refuted claims made by controversial singer Portable regarding the lack of support from Nigerian celebrities during his ongoing health crisis. Portable had recently criticized Nigerian celebrities for not offering financial assistance or organ donations to TG Omori, who …
Read More »GWR record holder Onakoya lauds UNFPA for providing ‘friendly space’ for girls
Tunde Onakoya, Nigerian chess player/coach who holds a Guinness World Record for the longest marathon chess game has lauded the UN Population Fund (UNFPA) for providing a friendly space for girls to learn skills. Onakoya gave the commendation during his visit to the UNFPA centre im Muna Displaced Persons Camp …
Read More »$6Billion Debt, High Forex Rates Threaten Nigeria’s Petrol Supply, IPMAN Warns Of Prolonged Shortage
The development comes as the Independent Petroleum Marketers Association of Nigeria (IPMAN) reported that its members no longer have access to bulk petrol supplies. The prospect of a swift end to Nigeria’s petrol shortage appears increasingly bleak, as new revelations on Sunday highlighted the Federal Government’s mounting challenges. A staggering …
Read More »No plan to shift date of Enugu LG election – ENSIEC
The Chairman of Enugu State Independent Electoral Commission (ENSIEC), Prof. Christian Ngwu said all arrangements had been concluded for hitch-free council polls into chairmanship and councillorship positions in the state scheduled for 21 September. Prof. Ngwu said this while dismissing speculations that the Sept. 21 date for the local government …
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