NNPC LTD GMD, Mele Kyari, Speaking At WGC2022, Daegu, South Korea The Chief Executive Officer/ Group Managing Director of the Nigerian National Petroleum Company Ltd, Mele Kyari, said that current global energy prices will worsen if banks and other financial institutions shy away from investing in gas projects. Kyari said …
Read More »Northern groups vow to retaliate killing of kinsmen by ‘IPOB, ESN’
Suleiman Coalition of Northern Groups on Tuesday vowed to retaliate reported killing of some northerners by gunmen suspected to members of the Eastern Security Network (ESN), a militant wing of the Indigenous People of Biafra (IPOB). The IPOB, has, meanwhile condemned the killing, blaming the act on criminals which it vowed to …
Read More »CBN Monetary Policy Committee raises interest rate to 13%
Emefiele The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised interest rate to 13 percent amid rising inflation. Godwin Emefiele, Central Bank governor who announced the decision after MPC meeting on Tuesday, said the raise was necessitated by inflation. The rate had previously been put …
Read More »BREAKING: EFCC operatives lay siege to Rochas Okorocha’s house
Economic and Financial Crimes Commission (EFCC) operatives on Tuesday, invaded the Abuja home of Rochas Okorocha, a former Imo State governor. Okorocha is among those aspiring for president on the platform of the All Progressives Congress (APC). The former governor’s aide who disclosed the development, said the operatives who stormed …
Read More »Number of out-of-school children in Nigeria not high as reported – UK don
Prof. James Tooley, the Vice-Chancellor, Buckingham University, United Kingdom, has said Nigeria’s out-of- school children figures is not as high as projected by various agencies and he is set to prove it. United Nations Children’s Fund (UNICEF) has put the figure of Nigeria’s out of school children at 10.5 million, …
Read More »School feeding: FG to spend N999m daily on 10m pupils
School feeding Nigeria’s federal government, on Tuesday, said it would spend N999 million daily to feed approximately 10 million pupils in the National Home Grown School Feeding Programme across the country. The Team Lead of NHGSFP, Aishatu Digil, disclosed this at a stakeholders’ meeting on disbursement modalities for the review …
Read More »Hayatu-deen: Nigeria’s economy now like a cancer patient
As part of his presidential campaign tour to delegates of the Peoples Democratic Party, an aspirant, Mohammed Hayatu-deen, has likened the state of Nigeria’s economy to that of a cancer patient. The aspirant spoke in Ogun and Lagos States with a message of hope to rebuild and revamp the ailing …
Read More »N80bn Fraud: Buhari Appoints Nwabuoku As ‘Acting’ Accountant General
President Muhammadu Buhari has approved the appointment of Imo State- born Anamekwe Nwabuoku to oversee the Office of the Accountant General of the Federation. Nwabuoku’s appointment comes on the back of the ongoing investigation of the Ahmed Idris, the disgraced Accountant General who, allegedly, stole N80 billion from the Federal …
Read More »We’ve frozen accounts of 50 firms operating loan apps – FG
Logos of online banks Babatunde Irukera, the Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), says the agency has frozen accounts of over 50 firms operating loan apps in the country. Irukera who made the disclosure in an interview with Punch, noted that the action …
Read More »How FG agency sold over N2bn assets for N13m
– N8m Toyota Camry sold for N22,500 Osun-Ogun River Basin Development Authority The office of the Auditor-General for the Federation has revealed the selling off of a government Plant, Property and Equipment (PPE) valued at over N2 billion for N13.618 million only by an agency of the federal government. This …
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