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By Sodiq Adelakun The Lagos State Government on Wednesday has allocated over ₦700 million in 2024 to support 2,344 vulnerable residents across the state in 2024. Dr. Afolabi Tajudeen, Special Adviser to Governor Babajide Sanwo-Olu on Political, Legislative, and Civic Engagement, made the disclosure on Wednesday during a Strategic Breakfast Media Chat at Eko Hotel ...
By Fatai Kasal The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning about the health risks associated with the importation of low-quality sugar into Nigeria. The commission revealed that consuming substandard sugar can lead to severe health consequences, including vision impairment and other serious medical conditions. This warning comes as the ...
…Reshuffles Pro-Chancellors of Oye-Ekiti, Lokoja varsities By Sodiq Adelakun President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University, Awka, and the removal of key officials, including the newly appointed Vice Chancellor, Prof. Bernard Ifeanyi Odoh, and the Registrar, Mrs. Rosemary Ifoema Nwokike. A statement issued by Presidential spokesperson, Bayo ...
The Nigerian National Petroleum Company (NNPC) Ltd. has officially unveiled its latest crude oil grade, the Utapate crude oil blend, to the global crude oil market. It would be recalled that in July 2024, NNPC Ltd. and its partner, the Sterling Oil Exploration & Energy Production Company (SEEPCO) Ltd. introduced the Utapate crude oil blend, ...
…We conducted credible, peaceful, conclusive election in Ondo — INEC Ondo State Governor, Hon. Lucky Orimisan Aiyedatiwa, has promised more developmental strides across the state as a way of repaying the massive votes given him in the just concluded election by the people of the State. The Governor stated this at the headquarters of the ...
Babagana Zulum, Governor of Borno State, and Dr. Uchechukwu Sampson Ogah, President of Master Energy Group, have confirmed their participation in the 14th anniversary lecture and NewsDirect Good Governance Awards. The prestigious event will take place on December 6, 2024, at the Oriental Hotel in Lekki, Lagos. This year’s theme, “Achieving Economic Prosperity: The Role ...
The Nigerian National Petroleum Company (NNPC) Limited has addressed the delay in the completion of the highly anticipated Port Harcourt Refinery Company (PHRC), two months after missing its September target for completion. In a statement, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, attributed the delay to unforeseen challenges and risks involved in rehabilitating the brownfield ...
…As Economists recommend review of 2025 budget deficit, oil price benchmark By Seun Ibiyemi President Bola Tinubu, on Tuesday has sought the approval of the Senate and the House of Representatives for a fresh $2.2 billion loan. The president also forwarded the Medium-term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) to the legislators ...
…Demand immediate reversal By Ismail Azeez, Osogbo The National Association of University Students (NAUS), Osun State Campus Monitoring Committee, has condemned the draconian tuition fee hike from N290,000 to N1.5 million at the University of Ilesa. In a statement signed by the chairman of Campus Monitoring Committee, Osun State chapter, Comrade Popoola Olayinka, and made ...
Governor of Ogun State, Prince Dapo Abiodun has described as tissues of lies, the allegation made by the defeated governorship candidate of the Peoples Democratic Party (PDP), Hon. Ladi Adebutu on the conduct of the just concluded local government election. The PDP Guber candidate at a press conference, had alleged that Governor Dapo Abiodun moved ...
…Fmr. President Obasanjo’s leadership ‘failed to fix deplorable federal roads’ — Onanuga By Sodiq Adelakun The Presidency has launched a sharp rebuke at former President Olusegun Obasanjo, accusing his administration of inflicting mortal wounds on Nigeria’s democracy. In a statement shared on his X, formerly Twitter, account on Monday, Special Adviser, Public Communication and Orientation ...
By Esther Adebayo Zenith Bank is set to host the Fourth Edition of its highly anticipated Tech Fair, Future Forward 4.0, on Thursday, November 21, 2024, at the Eko Convention Centre, Lagos. This groundbreaking event, themed “Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI,” promises to redefine Nigeria’s technological landscape with cutting-edge ...
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission has announced that it is the responsibility of the DisCo to replace faulty customers’ meters free of charge. The commission stated this in a public notice issued on Monday, stating that it is aware that some Distribution Companies (DisCos) have instructed customers to apply and pay for ...
FirstBank, the premier West African financial institution and financial inclusion service provider has announced its hosting of the first-ever China-Africa Interbank Association (CAIBA) Forum to strengthen economic ties and investments between China and Africa. The forum, themed “Joining Hands to Advance Modernisation and Strengthening China-Africa Trade, Industrialization and Economic Diversification,” will take place on November ...
...To confer Posthumous award on NewsDirect Founding Publisher The 8th Energy Summit hosted by Solewant Group is set to address technological innovation and its benefits to improving the productivity of Nigeria’s oil and gas sector, the Group Managing Director/CEO of Solewant Group, Mr. Solomon Ewanehi has revealed. The Annual Energy Summit hosted by Solewant Group ...
In a series of coordinated operations, the National Drug Law Enforcement Agency (NDLEA) has intercepted large quantities of illicit drugs, including cocaine, methamphetamine, and opioids, which were destined for the United Kingdom, Italy, Turkey, and Qatar. Several suspects have been arrested in Lagos, Abuja, and other locations, thwarting the syndicates’ international smuggling plans. This was ...
…Sign key deals on defence, counterterrorism, trade, infrastructure In a significant move to solidify diplomatic and economic relations between Nigeria and India, President Bola Tinubu conferred Nigeria’s second-highest national honour on Indian Prime Minister Narendra Modi. The honour recognises Modi’s tireless efforts to strengthen ties between the two nations, particularly in areas of defence, ...
…This mandate is yours, I won’t disappoint you — Aiyedatiwa hails Ondo people …PDP rejects Ondo election results, accuses APC of vote buying, manipulation …Sanwo-Olu hails Ondo voters, promises continued success for APC in South-West …Tinubu hails peaceful conduct, urges judicial recourse for dissatisfied candidates By Our Correspondents In a landslide victory in the 2024 ...
...Opposition calls for election cancellation, alleges corruption The All Progressives Congress (APC) has clinched victory in the Ogun State Local Government elections, winning all 20 chairmanship and 236 councillorship seats in the state. The announcement was made early on Sunday by the Chairman of the Ogun State Independent Electoral Commission (OGSIEC), Babatunde Osibodu, who confirmed ...
By Sodiq Adelakun A Federal High Court in Lagos has dealt a significant blow to the National Broadcasting Commission (NBC), ruling that the regulatory body lacks the legal authority to impose fines or sanctions on independent media outlets without due process. A statement released on Sunday by the deputy director of the Socio-Economic Rights and ...
...Shareholders to receive one new share for five existing shares Africa’s Global Bank, United Bank for Africa (UBA) Plc, will raise N239.4 billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at N35.00 per share. The Rights Issue, which will open today, gives existing shareholders the opportunity to purchase additional shares ...
Nigeria’s oil production has soared to 1.8million barrels per day (mbpd) surpassing the 1.5mbpd (Organisation of Petroleum Exporting Countries) quota. This was disclosed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) at a press briefing in Abuja yesterday. According to the NNPC Ltd, it revealed that in collaboration with its partners, Nigeria has also ...
Former Vice President Atiku Abubakar has urged Minister of the Federal Capital Territory (FCT), Nyesom Wike to prioritise the welfare of Nigerians over politicking for the 2027 presidential election. The Former VP made this known in response to comments by Wike during a media parley on Wednesday. Recall that Wike at a media parley had ...
