Crude oil prices climbed about 1 per cent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk premium, with Brent gaining 94 cents or 1.3 per cent to settle at $75.17 a barrel and the US West Texas Intermediate (WTI) crude rising by $1.14 …
Read More »The Lagos Chamber of Commerce and Industry has declared that the concerns being displayed in the business community on the Federal Government’s plan to borrow a fresh external loan of $2.2 billion are driven by the apparent weak economic fundamentals and lack of understanding on how to navigate through the …
Read More »Rivers will receive federal allocation despite legal battle – FG
The Office of the Accountant-General of the Federation says it will adhere to court orders regarding the disbursement of federal allocations to Rivers State, following recent legal controversies surrounding the state’s financial entitlements. Speaking to The PUNCH on Friday, the Director of Press and Public Relations at the OAGF, Bawa …
Read More »Ignore false strike notice, Yobe NLC tells workers
The Nigeria Labour Congress, Yobe State Chapter, has described a circular circulating on social media platforms urging Yobe State civil servants to initiate a statewide strike, as entirely false and unfounded. A statement obtained by our correspondent on Saturday and signed by the state chairman of the NLC, Muktar Tarbutu, …
Read More »Taraba shuts down airport
The Taraba State Government has shut down the Danbaba Suntai Airport in Jalingo to expedite the upgrade work going on in the facility. The state government announced this on Friday through by the Permanent Secretary Ministry of Transportation Development, Kwantar Genesis. The statement highlighted the parts of the facility to …
Read More »Wizkid sets new record on Spotify with Morayo
Nigerian music sensation, Ayodeji Balogun, popularly known as Wizkid, has set a new Spotify record for the biggest streams by any song with his recently released album titled “Morayo” “Morayo” has claimed the number 1 spot on the Apple Music Nigeria Chart, with all his tracks dominating the charts to …
Read More »PDP crisis: Group wants Teejay Yusuf as National Chairman
Some stakeholders in the troubled Peoples Democratic Party, PDP, have recommended the return of its National Chairmanship position to the northcentral zone as a panacea for returning the opposition behemoth to vibrancy. The stakeholders under the banner of PDP Conscience Vanguard are drumming support for Tajudeen Yusuf, a former member …
Read More »Firm unveils opportunities in financial market
A Fintech company, Weltrade has unveiled to participants in its recently held seminar the opportunities that exist in the financial market. The firm in the event which held in Ikeja, Lagos, harped on the need for Nigerians to increase their earning capacity at a time the economy is bedeviled by …
Read More »Tinubu writes Senate, seeks confirmation of Oluyede as Chief of Army Staff
President Bola Tinubu has sent a letter to the Senate seeking confirmation of Lieutenant General Olufemi Olatubosun Oluyede’s appointment as the substantive Chief of Army Staff. In the letter sent today, Tinubu seeks Oluyede’s confirmation in accordance with the provision of Section 218(2) of the 1999 Constitution as amended and …
Read More »Glo Festival of Joy: Warri turns into carnival as first Prado winner, others receive prizes
Mr. Daniel Mayuku, the Chairman of the Delta State Security Trust Fund, has taken home the first Toyota Prado prize in the ongoing Globacom’s Festival of Joy promotion. He becomes the first winner to receive the grand prize in the promotion. Hon. Emomotimi Guwor, Speaker of the Delta State House …
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