Gov. Babajide Sanwo-Olu of Lagos State will on Wednesday, present the 2024 budget before the Lagos State House of Assembly. The Commissioner for Information and Strategy, Mr Gbenga Omotoso, said in a statement that the Appropriation Bill would highlight the…
It is yet far from over the ongoing tussle between the Minister of the Federal Capital Territory, Barr. Nyesome Wike and Governor Siminalayi Fubara as 27 lawmakers have dumped the ruling Peoples Democratic Party (PDP) in Rivers State. A member…
The Dangote refinery, with a capacity of 650,000 barrels per day (bpd), is projected to generate an annual revenue of $27 billion at full capacity, according to exclusive information reaching Nigerian NewsDirect. This new refinery is expected to yield approximately…
Companies paid N1.75 trillion as taxes in the third quarter of 2023, the National Bureau of Statistics (NBS) declared in its Company Income Tax (CIT) Q3 2023 report released in Abuja on Monday. On a year-on-year basis, the CIT collections…
By Omolola Dede Adeyanju The Lagos community youth development initiative (LCYDI) has recognised and awarded exceptional social impact heroes in Lagos. At a ceremony on Sunday, the state chairman, LCYDI, Ambassador Akanni Michael spoke on LCYDI strides through community service.…
President Bola Tinubu has mourned the passing of NTA Broadcaster, Aisha Bello Mustapha. In a statement bySpecial Adviser to the President on Media & Publicity, Ajuri Ngelale, the President described Aisha as one of the great icons of the Nigerian…
The Federal Airports Authority of Nigeria (FAAN) has warned users of its facilities against patronising touts. The Director, Public Affairs and Consumer Protection, Abdullahi Yakubu-Funtua, said this in a statement on Monday, in Lagos. He said that the authority frowned…
Community Energy Social Enterprise Limited (CESEL), a leading provider of sustainable energy solutions in Nigeria and sub-Sahara Africa, has recently commissioned a solar-powered oil palm mill and a solar-powered borehole in Osi Community, Osun State. This initiative comes shortly after…
Eboreime Osamaye Victor, a young man from Edo state is facing death threats from his community elders for refusing to take up the position of traditional chief priest. Victor, who hails from a family of idol worshippers, converted to…
The Central Bank of Nigeria (CBN) says media reports listing banks as failing the Capital Adequacy Ratio (CAR) stress test for international authorisation are false and should be disregarded. The Acting Director, Corporate Communications, Mrs Hakama Sidi Ali, said in…
