The Chief Executive Officer of Innoson Vehicle Manufacturing, Innocent Chukwuma says that the policies of the President Bola Tinubu-led administration will yield positive outcomes. Chukwuma expressed his confidence in Tinubu’s capability while addressing reporters after a meeting with President Tinubu at the State House. He urged Nigerians to be patient …
Read More »Naira rises to N1,590/$ in parallel market
The Naira yesterday appreciated to N1,590 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,596.52 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.62 per …
Read More »Dangote clarifies its stand on crude supply to its Refinery
Our attention has been drawn to media reports alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about 60% of the 50 million barrels we lifted. To clarify, we have never accused NNPC of not supplying us with crude. Our concern has always been NUPRC’s reluctance to …
Read More »Eti Osa Council Partners Entafield Clinic for ‘Smile Lagos: 1000 Denture Project,’
Eti Osa Local Government has inked Entafield Dental Clinic to launch the ‘Smile Lagos: 1000 Denture Project,’ a free dental care outreach program aimed at transforming the lives of over 1,000 Lagosians. The initiative that is designed to enhance smiles and boost the confidence of residents by providing top-quality dental …
Read More »Dangote Refinery: The danger of a single narrative – Sifting the facts from emotion
By Richard Akinnola When the Dangote refinery controversy blew up, naturally as someone wired to support anyone l perceive to be oppressed, this time, Dangote, l lined up in support of the richest man in Africa. I perceived he was being unduly treated by the Downstream and Midstream regulators, the …
Read More »How To Hedge Your Investments Against Market Volatility- FBN Quest
The Head, Equities and Alternative Assets Solutions of FBN Quest, Laura Fisayo-Kolawole, has said that the best investment safety in the wake of global economic realities is holding US dollar cash. Fisayo-Kolawole said this on Wednesday in response to stock volatility last week after the projected US recession. Last week, …
Read More »Finance Minister, Edun Claims 4.3million Nigerians Received Direct Cash Transfer Under Tinubu’s Government
This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Tuesday, saying one million citizens were reached in the last few weeks, while the target is to transfer cash to one million vulnerable Nigerians each month. The President Bola Tinubu-led Nigerian government …
Read More »Bauchi State Government Budgets N2.9 billion for Purchase Of Office Furniture, Maintenance
The state government budgeted another sum of N219 million to maintain office furniture with code “22020402” per details on its budget performance documents. Areview of the budget performance documents has shown that the Bauchi State government budgeted the sum of N2.779 billion for office furniture and fittings under the code …
Read More »Why protest should start from local govt level – Ayoola
Alhaji Fatai Ayoola, Chairman of Ajeromi-Ifelodun Local Government Area of Lagos State, says #EndBadGovernance protest ought to begin from council areas in view of their increased federal allocations. Ayoola said that local government allocations increased by 100 per cent under President Bola Tinubu’s administration, adding that the protesters ought to …
Read More »Lagos lawyer and activist, Adesina Ogunlana, is dead
Former chairman of the Ikeja Branch, Lagos State of Nigerian Bar Association, NBA and activist, Adesina Ogunlana is dead. The NBA in a statement by its National Publicity Secretary, Akorede Lawal on Wednesday said Ogunlana died on Tuesday. Ogunlana who was Chairman of the NBA Ikeja Branch from 2016 to …
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