Category: News

FG, States, LGs Share N1.1trillion May Revenue
June 11, 2024 No Responses

FG, States, LGs Share N1.1trillion May Revenue

The Federal Government, States and Local Government Councils in the country have shared N1,143.210 trillion May 2024 Federation Accounts Revenue. The Federation Accounts Allocation Committee (FAAC) disclosed this in a communiqué issued at the end of its latest meeting, according...
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NADDC, Weststar, Carloha, Toyota, Lanre Shittu Motors, Others Back Auto Summit
June 10, 2024 No Responses

NADDC, Weststar, Carloha, Toyota, Lanre Shittu Motors, Others Back Auto Summit

As the countdown begins in earnest for the maiden edition of the Nigeria Auto Industry Summit (NAISU) scheduled to hold at Radisson Lagos, GRA Ikeja, on June 27, 2024, major stakeholders in the automotive sector have expressed support for the...
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NDLEA Intercepts 176,000 Codeine Shipment From India
June 10, 2024 No Responses

NDLEA Intercepts 176,000 Codeine Shipment From India

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted another consignment of 175,000 bottles of opioid imported from India. The is coming barely a week after seizing a shipment of codeine-based syrup at the Port Harcourt Ports co...
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Okomu Clash: Obaseki Visits Wounded Soldiers, Vows To Apprehend Perpetrators
June 10, 2024 No Responses

Okomu Clash: Obaseki Visits Wounded Soldiers, Vows To Apprehend Perpetrators

The Edo State Governor, Mr. Godwin Obaseki has visited soldiers wounded during an attack by assailants in Okomu Community. The governor, who expressed his displeasure over the incident, vowed that the State Government will fish out individuals and groups behin...
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NIMASA DG Mourns Ferdinand Agu
June 9, 2024 No Responses

NIMASA DG Mourns Ferdinand Agu

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has described the death of Architect Ferdinand Agu, former Director General of the defunct National Maritime Authority (NMA), as a rude shock.Reacting ...
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NDDC Secures 100 Hectares For Agric Project In Akwa Ibom
June 9, 2024 No Responses

NDDC Secures 100 Hectares For Agric Project In Akwa Ibom

The agricultural component of the Holistic Opportunities for Programme and Engagement, Project HOPE, of the Niger Delta Development Commission, NDDC, has secured over 100 hectares from Itak Ikot Udo community in Ikot Ekpene Local Government Area of Akwa Ibom S...
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TotalEnergies, Firm Sign 15-Year Green Hydrogen Supply Deal
June 8, 2024 No Responses

TotalEnergies, Firm Sign 15-Year Green Hydrogen Supply Deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per...
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Excitements As Carloha Unveils Chery Tiggo 8 Pro In Lagos.
June 7, 2024 No Responses

Excitements As Carloha Unveils Chery Tiggo 8 Pro In Lagos.

Carloha, representative of Chery in Nigeria has unveiled Chery Tiggo 8 Pro Sports Utility Vehicle (SUV) at a colourful ceremony in Lagos.The event drew an impressive crowd of high-calibre personalities from various sectors of the economy, along with esteemed t...
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FG Begins Freight Services From Kano To Lagos By Rail
June 7, 2024 No Responses

FG Begins Freight Services From Kano To Lagos By Rail

The Federal government on Thursday relaunched freight services from the Dala inland dry port in Kano to the Apapa port terminal in Lagos using the narrow-gauge railway. Speaking during the commissioning of the freight movement at the Dry Port in...
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Presco’s Shareholders Okay N24.3b For 2023 Dividend
June 6, 2024 No Responses

Presco’s Shareholders Okay N24.3b For 2023 Dividend

For the year ended December 31, 2023, Shareholders of Presco Plc have approved dividend of N24.30 per 50 Kobo share, amounting to N24.3billion.   At the 31st Annual General Meeting (AGM) of Presco Plc in Lagos on Thursday, Shareholders also...
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WFE Re-Elects CEO For 4th Term 
June 6, 2024 No Responses

WFE Re-Elects CEO For 4th Term 

The World Federation of Exchanges, the global industry association for exchanges and clearing houses has announced the re-election of its CEO, Nandini Sukumar, to the position of Vice Chair of the International Organization of Securities Commission’s (IOSCO)...
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IGP APPOINTS FIRST FEMALE FORCE SECRETARY
June 5, 2024 No Responses

IGP APPOINTS FIRST FEMALE FORCE SECRETARY

In furtherance of the vision to ensure gender inclusivity and equality in all aspects of appointments and operations within the Nigeria Police Force, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun has appointed Assistant Inspector General of Poli...
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FG To Unveil  Nedogas 300 MMscfd Kwale Gas Gathering Facility
June 5, 2024 No Responses

FG To Unveil  Nedogas 300 MMscfd Kwale Gas Gathering Facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has in collaboration with the NNPC Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian National Petrole...
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TINUBU CONGRATULATES INDIAN PRIME MINISTER, NARENDRA MODI ON ELECTION VICTORY
June 5, 2024 No Responses

TINUBU CONGRATULATES INDIAN PRIME MINISTER, NARENDRA MODI ON ELECTION VICTORY

President Bola Tinubu extends his warm congratulations to the Prime Minister of India, His Excellency, Narendra Modi, on his epoch-making victory in the nation’s parliamentary elections. Prime Minister Modi’s coalition – the National Democrat...
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