The Federal Government has approved the increase of Corps Members’ monthly allowance to ₦77,000 with effect from July 2024. In a statement on Wednesday, a spokesperson for the National Youth Service Corps (NYSC), Caroline Embu, said the increment was in…

Greenwich Merchant Bank Partners PSRG-Richardson On Sustainability For Inclusive Growth
Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth.This was disclosed in a press release signed and made…

Two Weeks After Tinubu’s Procurement Order, Innoson Delivers CNG Buses To FG
Innoson Vehicle Manufacturing Company Ltd {IVM} has commenced the delivery of the Compressed Natural Gas (CNG) buses ordered by the Federal Government as part of the Presidential CNG Initiative designed to lessen the effect of the withdrawal of fuel subsidy…

Ecobank Nigeria Partners Women In Mining On Gold, Gemstone Conference
Ecobank Nigeria, a subsidiary of the Ecobank Group, is partnering the Women in Mining In Nigeria (WIMIN) for its annual Gold & Gemstone Conference & Exhibition. The 3-day event scheduled for Thursday, September 26th to Saturday, September 28th will be…

CBN Raises Interest Rate To 27.25%
Again, the Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent “to moderate inflation” which stands at 32.15%. This was revealed by the CBN Governor, Olayemi…

NDDC To Regularise Budget Cycle, Inaugurates 2025 Budget Committee
The Niger Delta Development Commission, NDDC, is to regularise its budget cycle to align with the national budget, as it inaugurates 18-member 2025 Budget Committee to prepare its budget proposals. Addressing members of the committee during the inauguration ceremony at…

WMD: Oyetola Pledges Zero Piracy, Dantsoho Laud Minister On Efficiency At Seaports
Ahead of Thursday’s World Maritime Day, the Minister of Marine and Blue Economy, Adegboyega Oyetola, has described the theme for this year’s celebration, “Navigating the Future: Safety First,” as a fitting narrative for the current happenings in Nigeria with regard…

Air France-KLM, TotalEnergies Sign 10-Year Aviation Fuel Supply MoU
TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035. This agreement marks one the largest…

Photo News
Chief Isaac Jolapamo (Left) presents Captain Emmanuel Iheanacho with AMES ‘Lifetime Achievement Award in Shipping’ at the just concluded AMES Summit in Lagos

NDDC Receives Database For Youth Internship Scheme
The Niger Delta Development Commission, NDDC, has received the database produced by its consultant for the Commission’s Youth Internship Scheme launched on August 5, 2024 in Port Harcourt by the Senate President, Chief Godswill Akpabio. Receiving the database of the…

NDLEA Impounds N13b Opioids At Tincan Port
The Nigeria Drug Law Enforcement Agency (NDLEA) has intercepted opioids worth N13billion at the Tincan port complex, Lagos State. A statement issued on Sunday by the Agency’s Director of media and publicity, Femi Babafemi explained that up to 250 million…

FG Donates 100 Trailers Of Rice, Others To Borno Flood Victims
The Federal Government has donated food items to flood victims in Maiduguri, Borno State, including 100 trailers of milled rice, among other items. The Minister of Agriculture, Senator Abubakar Kyari, in a statement on Saturday explained that President Bola Tinubu…