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Works Minister, Senator Umahi Briefing the Press after the Federal Executive Council meeting presided over by President Bola Tinubu at the State House, Abuja, on Monday, 26th February, 2024, the Minister of Works, Senator Dave Umahi, announced that Nigeria’s Federal Executive Council (FEC) has approved a N1.06 trillion contract for …

The new employees were about 860, a document from the National Salaries, Income and Wages Commission read. The Public Complaints Commission (PCC) is struggling to ensure payment of salaries after the secret recruitment of new employees without recourse to extant guidelines. The new employees were about 860, a document from …

Ola Olukoyede EFCC chairman The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has raised the alarm that an estimated 70 per cent of financial crimes in Nigeria is traceable to the banking sector. Olukoyede spoke on Monday at the 2024 Annual retreat of the Association …

In commemoration of the March 8, 2024, International Women’s Day (IWD), the Director-General of the National Agency for the Control of AIDS (NACA), Dr Gambo Aliyu, has decried the high population of women living with HIV in the country. According to him, six out of ten persons living with HIV …

Nollywood Legend Mr. Ibu is reportedly dead. Veteran actor John Okafor, better known as Mr Ibu, died after a protracted struggle with blood clots on his leg. On Saturday, March 2, the actor died in a hospital in Lagos state. For years, the actor struggled with blood clotting on his leg due …

 CBN Governor, Dr Olayemi Cardoso   The Central Bank of Nigeria (CBN) on Friday revoked the license of 4,173 bureaux de change (BDC) operators. CBN’s spokesperson Hakama Sidi Ali announced this in a statement. Sidi Ali said the affected institutions listed on the CBN website failed to comply with regulations, …

Presidential spokesman, Bayo Onanuga, has said that if not stopped, cryptocurrency trading website, Binance will destroy the Nigerian economy. He said the website would do this by arbitrarily fixing foreign exchange rate. Onanuga said this when he appeared on Channels Television’s Politics Today programme on Wednesday. “We have saboteurs. Look …

Steve Ayorinde, former Lagos commissioner for tourism, says people who are against the regulation of social media do not want to be held accountable for their actions online. Ayorinde spoke on Wednesday at a photo exhibition organised to mark the 50th anniversary of Punch newspapers. Punch is celebrating its 50th …

The Nigerian Army 6 Division, Port Harcourt, Rivers State, has discovered over 40 crude oil wells in Rumuekpe community, Emohua local government area of the state. The uncovered wells, which are about 40 feet deep, were described as the latest technique criminals deploy in stealing crude oil from underground in …

Gbenga Komolafe, NUPRC Chief Investment Officer The Nigeria Upstream Petroleum Regulatory Commission has said that about 1,068 oil and gas projects approved between 2022 and 2023 that are currently ongoing across the country are to attract a total of $22.8bn. The NUPRC Chief Executive, Gbenga Komolafe, disclosed this during a …