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Port Harcourt Refinery To Begin Operations By December, Senate Confirms

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The Senate Ad-Hoc Committee to Investigate the Turnaround Maintenance of Nigeria’s Refineries has announced that the Port Harcourt Refinery is expected to be operational by the end of December. The committee’s chairman, Senator Ifeanyi…

11

Leveraging AI-Powered Tool To Get Dream Jobs In Nigeria

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The Nigerian job market is a competitive jungle, rich with potential and brimming with energy. From bustling tech hubs to burgeoning green energy sectors, there’s an incredible opportunity out there waiting for you. But navigating this…

Dr Krish: Pioneering Data Centres Across Africa

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Dr. Krishnan Ranganath fondly called ‘Dr. Krish’ in Africa’s ICT space, has been influential in setting up data centres across Africa in the last two to three decades. He is also a serial investor, not only in data centres, but ICT sector…

Ministry, LGs Partner On Urban Renewal Programme

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Ministry of Housing and Urban Development is to collaborate with the nation’s local government departments of Works, Housing, Transportation and Environment on slum upgrading and Urban Renewal Programme in selected states of the federation…

10

Tinubu Deserves Igbo’s Support – Oguejiofor

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The chief executive officer of a Real Estate Firm – First Rotech Group of Companies Ltd, High Chief Chukwudi Oguejiofor Mmuonanu has said that President Bola Tinubu deserves the supports of Igbos to record greater success. He stated this…

08

Building A Community Of A Shared Future For Mankind In China-Africa Cooperation

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The international system has been indeed anarchic, geopolitical in orientation and divisive in structuration. The great war (First World War) was engendered due to European bellicosity and divisions in what informed the so-called mutual…

Reforms Bolster Nigeria’s Appeal As Investment Destination – Tinubu

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President Bola Tinubu has said Nigeria’s investment climate has been bolstered by critical new reforms with an array of opportunities across sectors for investors. Speaking during the presentation of a letter of credence by the Ambassador…

NUPRC, 2 Others Rake In N439.1bn As Cost Of Revenue Collection

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Three revenue Generating Agencies: Nigerian Upstream Petroleum Regulatory Commission (NUPRC); Nigeria Customs Services (NCS) and the Federal Inland Revenue Service (FIRS) have collected the sum of N439.1 billion from the federation account…

Non-registration: Shippers’ Council To Sanction Port Service Providers

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The Nigeria Shippers Council (NSC), on Thursday, threatened crackdown on service providers and port users at the nation’s seaports over non-registration of the service with the council. This was disclosed by the executive secretary, Barr.…

Nigerian Automotive Components Manufacturers Seek FG’s Support

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In a pivotal dialogue on automotive components manufacturing in Abuja organised by the National Automotive Design and Development Council (NADDC), stakeholders in Nigeria’s automotive industry have urged for a collaboration between…

Wema Bank Earmarks N70m Cash Prizes For 5th Hackaholics Winners

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No fewer than N70 million cash reward would be doled out to winners of the 5th edition of Wema Bank’s Hackaholics. Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019. This groundbreaking annual Hackathon…

Transcorp Power Grows Pre-tax Profit To N28.77bn In Q1

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Transcorp Power Plc has declared profit before tax(PBT) of N28.77 billion in its first quarter (Q1), 2024. The company’s Q1 unaudited financial statements released on the Nigerian Exchange demonstrated impressive financial performance,…

Afriland Properties Record 150% Increase In Total Revenue For 2023

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Afriland Properties Plc, reported a 150 per cent increase in total revenue, reaching a total of N4.72 billion for the year ended December 31, 2023. The Company also posted profit before tax of N2.41 billion, reflecting a 34 per cent…

Access Holdings’ Shareholders Approve Capital Raising Plan

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The shareholders of Access Holdings Plc have approved the Group’s plan to establish a capital raising programme of up to $1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of…

ICPC Signs MoU With FIRS To Tackle Tax Fraud

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Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Aliyu has assured the Federal Inland Revenue Service (FIRS) that the commission would assist the agency to tackle cases of tax evasion and…

NEC Meeting: PDP Will Continue To Wax Stronger – Ex-Rep Member

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A former member of the House of Representatives, Hon Dagogo Farah, has described the outcome of the 98th meeting of the National Executive Committee (NEC) of the Peoples Democratic Party (PDP) as another demonstration of the resilience of…

07

N300m Money Laundering Charge: Court Frees Adoke

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Justice Inyang Ekwo of the Federal High Court, Abuja, has upheld the “no case” submission by a former attorney-general of the federation and minister of Justice, Mohammed Bello Adoke, on charges of money laundering. The Economic and…

Tinubu Appoints Agama SEC DG Board…Names Board Of National Insurance Commission

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President Bola Tinubu has approved the appointment of Emomotimi Agama as director-general of the board of the Securities and Exchange Commission (SEC) and Mairiga Aliyu as chairman of the board. A statement by presidential spokesman, Ajuri…

06

Neighbourhood Gangs Turning Streets Of Minna Into Battle Zone

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In the past, the street fights between youths of different neighbourhoods in Minna, the Niger State capital, were between Limawa and Ungwuan Daji, but gradually other streets and neighbourhoods of the town are joining the fight. Youths…

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

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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 Madu…

FAAC Disburses N1.123trn To FG, States, LGAs For April

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The Federation Account Allocation Committee (FAAC) has disbursed a total of N1,123.391 billion as Federation Account Revenue for March 2024 to the federal government, states, and local government councils. The allocation includes…

Friday, Apr 19

20

Ghana’s Strategic Gold Repatriation from US: Safeguarding Against Economic Volatility

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Ghana’s recent decision to repatriate its gold reserves from the United States signals a significant shift in the nation’s economic strategy. Beyond the symbolic gesture of reclaiming control over its precious metal assets, Ghana’s move is…

17

Money Laundering: Court Upholds Acquittal Of Ex-AGF Adoke

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Justice Inyang Ekwo of the Federal High Court, Abuja on Friday upheld the “no case” submission by former Attorney-General Of The Federation and Minister of Justice, Mohammed Adoke, on charges bodering on money laundering. The Economic and…

NNPCL, JV Partner Target 20,000bpd Crude Oil At OML 85

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

16

Tinubu Gov’t Has Not Borrowed From CBN — Finance Minister

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The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has clarified that the President Bola Tinubu-led Federal Government has not resorted to borrowing from the Central Bank of Nigeria (CBN). Edun made the disclosure…

12

HMO Begins Diaspora Health Insurance Programme In US, UK

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Ultimate Health Management Organisation (HMO) has commenced the Diaspora Health Insurance Programme for Nigerians in the United States of America and the United Kingdom to enrol their parents and dependents in Nigeria and even themselves…

10

NPA Bars Terminal Operators From Screening Export Cargo Over Delay

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The Nigerian Ports Authority (NPA) has restricted terminal operators from screening export containers at their various gates from 1st of May, 2024. This, it said, is to facilitate seamless movement of export cargoes onboard ocean going…

‘Nigeria Sustains Campaign To Host African Energy Bank’

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The minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has expressed optimism that Nigeria may receive the nod to host the African Energy Bank (AEB). The bank, he said, is key to driving the necessary investment needed to…

Network Expansion To Cost Kano DisCo N1.2bn

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The Kano Electricity Distribution Company (KEDCO), is investing N1.2billion in network expansion and improvement in power supply to the famous Dawanau International Grains Market, in Kano. Network expansion and power generation are some of…

Oil Minister, Defence Partner To Curb Crude Oil Theft, Vandalism

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Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and Chief of Defense Staff (CDS), Gen Christopher Musa, have met to foster collaboration that will boost the fight against crude oil theft and curb pipeline vandalism in…