Senate Probes Oil Spill In Rivers

Senate Probes Oil Spill In Rivers

The Senate has directed an urgent investigation into the cause of a recent fire outbreak and oil spill from Manifold Well 8/ Bug 008 in OML 18, Buguma area of Rivers State. This followed a motion raised by Senator Harry...
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Tinubu Mourns 17 Zamfara Pupils

Tinubu Mourns 17 Zamfara Pupils

President Bola Tinubu has sent heartfelt condolences to parents, guardians, and families who lost loved ones in a fire outbreak that stretched into an Islamic school in Kaura Namoda, Zamfara State, on Tuesday night.   No fewer than 17 children lost.....
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FG To Raise N758b Bond

FG To Raise N758b Bond

The Federal Executive Council (FEC) on Tuesday gave an approval to the Debt Management Office to raise N758 billion bond to clear the backlog of pension liabilities for all categories of pensioners. FEC also approved a 30 million Euro long-term...
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Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria generated over $831.14 billion in revenue from the oil and gas sector between 1999 and 2023, the Nigeria Extractive Industries Transparency Initiative (NEITI), has declared.  NEITI’s Executive Secretary, Ogbonnaya Orji, stated this on Monday when he...
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Ebola: Nigeria On High Alert

Ebola: Nigeria On High Alert

The Nigeria Centre for Disease Control and Prevention (NCDC) has placed the country on high alert following the confirmation of an Ebola Virus Disease (EVD) outbreak in Uganda. Dr Jide Idris, the Director‐General, said this on Sunday in an interview...
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NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates

NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates

The Nigeria Civil Aviation Authority (NCAA) on Friday revoked the air operator certificates of Eastwind Aviation Logistics Services Limited and Omni-Blu Aviation. In a post on its X handle, the NCAA said the move is part of efforts to “further sani...
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Nigeria Secures $1.1b AfDB Loan

Nigeria Secures $1.1b AfDB Loan

The Nigerian Government  has secured a $1.1 billion loan from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. According to Bayo Onanuga, Special Adviser to the President, (Information &amp...
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FG Generates ₦2.4b From Marriage Contracts In 2024

FG Generates ₦2.4b From Marriage Contracts In 2024

The Federal Government generated about N2.4 billion from marriage contracts via its marriage registry in 2024.  The Minister of Interior, Olubunmi Tunji-Ojo, who disclosed this on Tuesday explained that the Federal Government planned to further strengthen...
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Nigeria Pledges 50% Renewable Energy

Nigeria Pledges 50% Renewable Energy

President Bola Tinubu has reiterated Nigeria’s commitment to achieving universal energy access by 2030, emphasizing the government’s target of increasing renewable energy to constitute 50% of the national energy mix. The President disclosed this during his...
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Senate Rejects Securities Tribunal’s 2025 Budget

Senate Rejects Securities Tribunal’s 2025 Budget

The Senate Committee on Capital Market has rejected the 2025 budget proposal of the Investments and Securities Tribunal (IST) owing to discrepancies and errors in the figures and items presented. The decision was made on Thursday during the tribunal’s budget...
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Seplat Energy To strengthen Partnership With Akwa Ibom State

Seplat Energy To strengthen Partnership With Akwa Ibom State

Seplat Energy Plc is to partner Akwa Ibom State Government for sustainable development. This was disclosed during a courtesy visit to the State Governor, Pastor Umo Eno, by a Seplat delegation led by the Board Chairman, Senator Udo Udoma, in...
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Portugal To Import More U.S., Nigerian LNG

Portugal To Import More U.S., Nigerian LNG

PORTUGAL plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to end already dwindling supplies from Russia. Environment Minister Maria da Graca Carvalho said on Tuesday that Portugal imported 49,141 gigawatt...
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NCC Okays 50% Tariff Hike For Telcos

NCC Okays 50% Tariff Hike For Telcos

The Nigerian Communications Commission (NCC) on Monday approved a 50% tariff increase for telecoms operators in the country. NCC Director, Public Affairs, Reuben Muoka in a statement explained that the price adjustment though lower than the “over 100% reques...
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Govs Back Tax Reform Bills

Govs Back Tax Reform Bills

The 36 state governors in Nigerian have thrown their weight behind the Federal Government’s tax reform bills.  The governors are also proposing a new sharing formula for value-added tax (VAT).  The decision followed a meeting of the Nigeria Governo...
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