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Economics at independent.ng

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07

Australian Breaks Guinness Record By Drinking At 120 Bars In 24 Hours

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David Clarkson, a 69-year-old retiree, broke the Guinness World Record by visiting 120 pubs and ordering drinks in 24 hours. Clarkson was born in Britain but has lived in Australia for over 40 years. He started his attempt with a drink at…

06

Why Google’s Gemini Is World’s New AI Bride

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AI breakthroughs all across the world is generally celebrated as the advancement of science and technology. But in December 2023, when Google announced major AI breakthroughs called Gemini, internet users around the world heaved a sigh of…

Friday, Apr 19

00

NCPC Boss Promises Fairness, Transparency To All Service Providers Airlifting Pilgrims To Holy Land

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JOS – The Executive Secretary Nigerian Christian Pilgrim Commission, Bishop Stephen Adegbite, has Promises to be Fair and transparent and fair that all Service Providers who does business with NCPC to air lift pilgrims to Holy land.…

22

Oil Theft: Navy Uncovers Another Sabotaged NNPCL Wellhead In Rivers Community

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PORT HARCOURT – In sustaining it’s ongoing onslaught against crude oil theft and pipeline vandalism in the Niger Delta, the Nigerian Navy uncovered another huge crude oil siphoning mechanism attached to an Oil Mining Lease (OML) 18…

Access Holdings Gets Shareholders’ Nod To Raise $1.5bn, N365bn Capital

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Shareholders of Access Holdings Plc, on Friday approved the N2.1 trillion capital raising plan by the management of the company, among other key resolutions at the second Annual General Meeting (AGM) held in Lagos. They unanimously…

World Bank, AfDB, Others Launch Co-Financing Platform To Improve Development Impact

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WASHINGTON: A coalition of ten MDBs on Friday launched a new co-financing platform that will enable them to channel additional capital for development scale and impact. The Global Collaborative Co-Financing Platform will consist of the…

Changes At SEC As Tinubu Appoints Agama As New DG

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President Bola Tinubu has approved the appointment of a new Director General for the Securities and Exchange Commission (SEC). He is Dr. Emomotimi Agama. This was contained in a statement issued by Ajuri Ngalale, a spokesperson to the…

20

Kwankwaso Betrayed My Trust, NNPP Founder Says

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LAGOS – Dr. Boniface Aniebonam, founder of the New Nigeria Peoples Party (NNPP) has said that the move by Senator Rabiu Kwankwaso to hijack the party structure is a betrayal of trust. Speaking at a press conference in Lagos, Aniebonam said…

Court Okays Nigerian’s Plea To Amend $150m Suit Against Google, GoDaddy

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ABUJA – A Federal High Court, Abuja, has granted an application by a Nigerian, Mr Chianugo Peter, to amend his originating processes filed to seek $150 million in compensation from Google and GoDaddy. Justice Obiora Egwuatu granted the…

19

Ortom/Melaye Altercation: We Expect Nothing Less From Melaye – Akase

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MAKURDI – Terver Akase, Media Aide to the immediate past Governor of Benue State, Chief Samuel Ortom has noted that he does not expect anything less from Senator Dino Melaye, who have allegedly engaged in about 20 group and individual…

FUPRE-CSD Calls For Partnership On Climate Change Goals

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ASABA – The Federal University of Petroleum Resources-Centre for Sustainable Development (FUPRE-CSD) has called for more stakeholders’ partnership and involvement on issues of climate change and energy transition.The call was made in a…

NNPC Ltd, First E&P Achieve 20,000bpd Production At OML 85

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ABUJA – The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as…

18

Revenue Boost Initiative: House C’ttee Teams Up With Stakeholders For Enhanced Income Streams

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ABUJA – The Nigerian’s Federal House of Representatives Committee on Ports and Harbours has expressed its willingness to partner with stakeholders in the maritime sector to boost non-oil revenue and contribute to the country’s Gross…

Bade/Jakusko Federal Lawmaker Speaks on Gashua Mayhem

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The Member representing the Bade/Jakusko Federal constituency, Hon. Hassan K. Jakduwa has expressed concern about the recent mayhem between the Nigerian Armed Forces and some community members in Gashua town, headquarters of Bade Local…

16

Abduction Of Monarch: Rep Member Urges Soludo To Resolve Crises In Constituency

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AWKA – The member representing Ogbaru Federal Constituency in the House of Representatives, Hon. Afam Victor Ogene, has asked Governor Chukwuma Soludo to make deliberate efforts to resolve the communal conflict in the oil rich Ogwuaniocha…

14

Nigerian Content Industry Development Bill: Minister, Stakeholders Call For Synergy With Lawmakers

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Stakeholders have stated that before the Nigerian Content Industry Development Bill can fly, a lot of gaps and constitutional lapses needs to be filled. While calling on Lawmakers to align with the Federal Ministry of Innovation Science…

13

Premium Cocoa Becomes Full-time Gas-powered For Socio-Economic Impact

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In a move to shore up its production and reduce ozone layer depletion, Premium Cocoa Products, Ile-Oluji, Ondo State, has transited to full-time gas-powered energy. The Managing Director, Sunday Bamikole, explained that beverages producing…

11

Nigerian Basketballers Need Alternative Plans – Ajayi

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LAGOS – A US-based ex-Basketball star, Adeola Ajayi, has advised upcoming players to scheme alternative plans even as they pursue their dreams to become future stars of the game.Adeola who gave the advice at this year’s edition of his…

06

ITUC Report: Trade Unions Demand Reform To Address Global Sovereign Debt Crisis

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LAGOS – To coincide with a series of major global financial meetings, the ITUC has released a key report recommending immediate action, comprehensive reform and deeper trade union involvement in sovereign debt policy at all levels. This…

Gbenga Stresses Importance Of Accountants In Digital Economy

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LAGOS – As Nigeria moves towards digitalizing her economy, an accounting expert, Ibitoye Gbenga, has stressed the critical roles professional accountants play in the digital economy. Ibitoye, speaking in a recent interview, said the use of…

Solar Energy Can Resolve Nigeria’s Energy Crisis – Oguntunde

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As the country continues to grapple with power outages, Mr Adebayo Oguntunde, the Chief Executive Officer of Squidi Global Solar Power Solutions, a company that is into the provision of services in the areas of green energy and solar power…

Nigerian Stock Exchange: Seplat Energy Celebrates A Decade Of Dual Listing With Bell Ringing Ceremony

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The Nigerian Exchange (NGX) reverberated with the jubilant sound of the bell as Seplat Energy PLC, a leading independent indigenous energy company, celebrates a significant milestone – a decade of its dual listing on both the Premium Board…

Naira Appreciation: FCCPC To Monitor, Investigate Unusual Price Hikes

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The Federal Competition and Consumer Protection Commission (FCCPC), will monitor and investigate unusual hikes in prices of goods and services, adding that despite the recent appreciation of the Naira against the dollar, consumers continue…

FG Mulls Tax Incentive Measures To Boost Economic Growth

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LAGOS – Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government intends to reduce the cost of tax expenditures and ensure that tax incentives have a positive impact on the economy. Edun, said…

WBG, Afrexim Partner To Connect 300 Million Africans To Electricity By 2030

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LAGOS – World Bank Group (WBG)and African Development Bank (AfDB) have entered into partnership to light up Africa between now and 2030. The initiative could halve the 300 million people in Africa living without electricity have access.…

03

NNPCL, Partners Donate 2,300-seater Ultramodern Library To Niger Delta University

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ABUJA – As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board …

Thursday, Apr 18

23

Rep Laguda Rejoices With Colleague, Lagos LCDA Chair

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A member representing Surulere 1 at the House of Representatives, Fuad Laguda, has rejoiced with his colleague, Akintunde Rotimi Jr, who is the Spokesperson and Chairman, House Committee on Media and Public Affairs, on his birthday. Laguda…

22

NDDC Resumes Free Healthcare In Niger Delta Communities

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PORT HARCOURT – The Niger Delta Development Commission, NDDC, has resumed its popular Free Health Care Medical Programme, which covers different communities in the Niger Delta region, as part of its efforts to ensure better healthcare…

21

Alake Attributes Resurgence Of Nation’s Economy To Tinubu’s Reforms

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ABUJA – The Minister of Solid Minerals Development, Dr. Dele Alake, has attributed the resurgence of the nation’s economy to the reforms initiated by the President Bola Tinubu administration. Speaking during a meeting with the All…

20

FCCPC Seals 4U Supermarket Over Unfair Practices

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ABUJA – The Federal Competition and Consuner Protection Commission(FCCPC) has sealed 4U Supermarket located in Ademola Adetukunbo Crescent, Wuse 2, Abuja, over unfair practices discovered in the supermarket. The enforcement team from FCCPC…