Keystone Bank, a leading financial institution, recently empowered about 30 youths in Port Harcourt with digital skills, specifically on web development and digital marketing. The intensive training, which spanned several weeks, ended with a graduation ceremony on March 5, 2024. According to the bank, the programme aimed to bridge the …
Read More »Nestlé Nigeria, Ogun State collaborate on sustainable water
To commemorate World Water Day 2024 with the theme “Water for Peace,” Nestlé Nigeria, the Ogun State Government and the Ogun-Osun Water Basin Authority organised an event to raise awareness about the importance of water conservation and responsible water management practices. The event which took place in Abeokuta, highlighted the …
Read More »IFC invests $1.25b in Indorama Nigeria for fertilizer production
The International Finance Corporation (IFC) has announced a $1.25 billion financing support for Indorama Eleme Fertiliser and Chemicals Limited, Nigeria. The investment will allow Indorama to ramp up its fertiliser production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while …
Read More »Oyetola, Aregbesola Loyalists Clash Over Threat To ‘Kill’ Ex-Interior Minister
Governor Gboyega Oyetola (right) and Interior Minister, Rauf Aregbesola. The long-standing feud between the camps of the Minister of Marine and Blue Economy, Adegboyega Oyetola, and former Governor Rauf Aregbesola has escalated further and reignited hostilities within the All Progressives Congress (APC) in Osun State. The conflict dates back to …
Read More »We Are Lobbying FG To Secure Release Of Nnamdi Kanu —Kalu
Nnamdi Kanu (middle) ..Says SEDC Bill At Conference Committee Stage Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu has revealed that frantic efforts are ongoing to secure the release of the leader of the Indigenous Peoples of Biafra (IPOB), Mazi Nnamdi Kanu. He said that while the court …
Read More »Recapitalisation: No Need For Panic, Banks Assure Customers
The Association of Corporate and Marketing Communication Professionals of Banks (ACAMB) has said it welcomed the release of the circular of the Central Bank of Nigeria (CBN) on the banking sector recapitalisation. Recall that at the first announcement of the planned recapitalisation by the CBN Governor, Dr. Olayemi Cardoso, ACAMB, …
Read More »‘We never applied for N14.26bn loans’ – Zamfara governor faults DMO report
Dauda Lawal, governor of Zamfara state, says his administration never borrowed N14.26 billion as disclosed in the Debt Management Office (DMO) report. According to him, the debt reported by DMO was part of the proceeds from a N20 billion loan floated by the previous administration in the state. The governor disclosed …
Read More »Traders Count Losses As Fire Destroys Popular Market In Kwara State
A video of the incident seen captured the moment some of the shop owners were mourning as they watched their properties destroyed by the fire. Several shops were razed by a fire outbreak which started in the early hours of Tuesday at Owode Market in Offa, Kwara State. A video …
Read More »Crude oil price rises to $87 per barrel — highest since October 2023
Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel while US West Texas Intermediate (WTI) crude rose 0.79 percent, to $83.83 percent, at 20.00 WAT. Consequently, the development puts both crude benchmarks on track for their highest closes since …
Read More »Discos make N1tn amid grid crisis, unmetered customers hit 5.8m
Electricity Grid Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or 28.2 per cent from the N831bn generated by the power firms …
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