The Peoples Democratic Party (PDP) on Saturday lampooned the All Progressives Congress (APC) over what it called a witless press statement from the party. The opposition party said the APC laboured without success to subvert the Constitution on the vacation of seats by former members of the Rivers State House …
Read More »Power Supply To Be Fully Restored To North-East By May 27 – Nigerian Transmission Company
TCN’s spokesperson, Ndidi Mbah, in a statement on Friday said the commission’s contractors were working to erect four new transmission towers along the Jos-Gombe axis, to enable the restoration of power supply to states in the north-east region of the country. The Transmission Company of Nigeria (TCN) has said electricity …
Read More »Nigerian Police Confirm Takeover Of Rivers House Of Assembly Quarters Amid Rift With Governor Fubara
It had reported on Friday that operatives of the Nigeria police took over some quarters of the state House of Assembly amid the unrest between the state governor, Siminalayi Fubara, and the 27 lawmakers loyal to the Minister of the Federal Capital Territory, Abuja, Nyesom Wike. The Nigeria Police Force …
Read More »Canada fines Binance $4.38m for breach of money laundering laws
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has fined Binance, a popular cryptocurrency platform, “$6 million for violating the country’s money laundering and terrorist financing laws”. According to international media, the fine is valued in Canadian dollars, bringing the total amount to USD4.38 million when converted. In a recent statement on its …
Read More »Glo to unveil innovation hubs to drive digitalization- Bella Disu
The Executive Vice Chairman of Globacom, Mrs. Bella Disu, says the company is poised to help drive the realization of the Federal Government’s digitalization agenda. She stated this at the launch of Nigeria’s Digital Economy Report themed ‘Driving Economic Growth through Digital Transformation’ on Thursday at the Transcorp Hilton Hotel, …
Read More »Daniel Oyekan’s BlockFinex offers leading crypto and fiat exchange platform
Daniel Oyekan Daniel Oyekan has established BlockFinex as a major player in the world of cryptocurrency, offering users an easy and secure way to trade both crypto and fiat currencies. His vision for BlockFinex is rooted in his desire to create a seamless, user-friendly platform that simplifies the complex …
Read More »FG paid Lagos N3.9bn as derivation for being oil producing state – LASG
From left: Permanent Secretary Ministry of Energy and Mineral Resources, Engr(Mrs ) Sholabomi Shashore; Special Adviser to Governor on Mineral Resources, Engr. Abiola Olowu; Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye and Commissioner for Information and Strategy, Mr. Gbenga Omotoso, during the Ministerial Press Briefing by the Ministry …
Read More »Imo CP Arrests Officers For Assulting, Extorting US Returnee
The Imo State Police Commissioner has arrested three police officers for assulting, brutalizing and extorting Mr. Tochukwu Ukazu who lives in New York but returned to Nigeria to visit his family. The arrest of the police officers was made after the Rule of Law and Accountability Advocacy Centre (RULAAC) made …
Read More »Chevron Pledges Partnership With NNPCL To Develop Gas Resources
… Applauds NUPRC’s Role In Opening Up Oil And Gas Industry With Regulation Chevron Nigeria Limited said it is excited about improved regulations for the oil and gas industry and will continue to partner with the Nigerian National Petroleum Company Ltd in developing gas resources in Africa’s biggest economy. The …
Read More »Oil Derivation Fund: Lagos Receives N3.78bn In One Year
Governor of Lagos state, Babajide Sanwo-Olu The Lagos State government has said that it received N3.78bn between 2020-2021 as its share of 13 percent oil derivation fund from the Federal Government. The Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, disclosed this on Wednesday during a ministerial press …
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