There are indications that Nigeria’s economy is reversing back to oil-sector led development while the gains made in non-oil sector is now reversing. But feelers from the Organisation of Petroleum Exporting Countries, OPEC, have indicated that a fresh challenge to the nation’s new strength in the crude oil sector has started …
Read More »Infrastructural development: Nigeria records success at COP28
…The infrastructure of Nigeria, the African Green Infrastructure Investment Bank and and Solarge International BV announce the intention to manufacture lightweight solar panels with an ultra-low carbon footprint in Nigeria. The ongoing 28th Conference of Parties currently ongoing at the Expo 2020 in Dubai has already recorded some impressive wins …
Read More »National Assembly Urged To Pass Law Criminalizing Rogue Police Officers Who Extort Nigerians
File Photo: Nigeria Police The Human Rights Writers Association of Nigeria (HURIWA) has asked the National Assembly to pass a law criminalizing systemic extortion of Nigerians by “rogue police officers”. HURIWA alleged on Sunday that there is an unprecedented rise in the systematic extortion of victims of crime by police …
Read More »UBA clinches nine at Bankers Awards 2023 in London
l-r: Financial Times(FT) Africa Editor, John Everingon and Group Managing Director/CEO, Oliver Alawuba with the Bank of the Year Africa 2023, along with Bank of the Year Awards won by UBA Group’s subsidiaries in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Republic of Congo, Sierra Leone, Tanzania, during the Bankers Awards …
Read More »Shake-up in civil service as FG redeploys directors, others [FULL LIST]
Folasade Yemi Esan No fewer than 135 directors, deputy directors, assistant directors and other officials in the Federal Civil Service have been redeployed to new Ministries, Departments and Agencies. Details of the redeployment of the affected 135 civil servants were contained in a memo by the Office of the Head …
Read More »Tinubu’s N27.5trn Budget Will Stimulate Nigeria’s Economy, Create Jobs — Ex-lawmaker Robinson Uwak
A former member of the House of Representatives, Robinson Uwak has expressed optimism that the 2024 Appropriation Bill presented to the National Assembly by President Bola Tinubu would impact positively on the lives of Nigerians. The budget estimate of N27.5 trillion christened “A Budget of Renewed Hope” placed security, economy, …
Read More »How Gunmen Allegedly Used Asokoro Landlord To Kidnap Neighbours, Demand N20m
Gunmen Some residents in the Asokoro Extension area of the Federal Capital Territory (FCT) have explained how armed men stormed the area and used a landlord to gain access to fellow landlords. The incident occurred at about 11 pm on Sunday after a landlord was captured by the assailants sitting …
Read More »Gunmen attack residence of Kogi INEC REC
Suspected gunmen on Friday attacked the residence of the Kogi Independent National Electoral Commission (INEC), Resident Electoral Commissioner (REC), Dr Hale Longpet, in Lokoja, an official has confirmed. Mr Rotimi Oyekanmi, the Chief Secretary to INEC Chairman, said this in Abuja on Friday, adding the incident occurred around 3.30 …
Read More »De-dollarisation: As Naira Trades Flat, Analyst Urges Ban On Dollar Transactions In Nigeria
In other to de-dollarise the nation’s economy amid flutuation in the value of the naira against the United States dollar, an investment analyst, Adejumo Isaac, has called for ban on all foreign currency transaction in cash in the country. In a statement, on Thursday, Isaac, advised the Central Bank of …
Read More »Why this year’s “Odeshi” will be bigger- Zion Ministry
The Zion Prayer Movement Outreach (ZPMOM), led by Evangelist Chukwuebuka Anozie Obi, has announced the details for this year’s “Odeshi” programme. “Odeshi”, which literally means “Does not leak or penetrate”, is a programme which usually officially marks the end-of-the-year activities for the ministry located at Zion Estate, Ago, Okota, Lagos. …
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