CBN Allocates $20,000 To Each BDC At ₦1,590/$

CBN Allocates $20,000 To Each BDC At ₦1,590/$

The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each of the eligible Bureau De Change (BDC) operators in the country at the rate of N1,590/$. In a circular to all Bureau De Change operators dated...
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FG Raises Corps Members Allowance To ₦77,000

FG Raises Corps Members Allowance To ₦77,000

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...
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NDDC To Regularise Budget Cycle, Inaugurates 2025 Budget Committee

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 inaugurat...
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WMD: Oyetola Pledges Zero Piracy, Dantsoho Laud Minister On Efficiency At Seaports

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 happ...
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NDDC Receives Database For Youth Internship Scheme

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 datab...
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FG Donates 100 Trailers Of Rice, Others To Borno Flood Victims

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 B...
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Nigeria, Russian Firms Sign MoU To Revive Ajaokuta Steel Plant, NIOMCO 

Nigeria, Russian Firms Sign MoU To Revive Ajaokuta Steel Plant, NIOMCO 

The Nigerian Government, through the Ministry of Steel Development, has signed a Memorandum of Understanding (MoU) with a Russian consortium for the rehabilitation, completion, and operation of the Ajaokuta Steel Company Limited and the National Iron Ore Minin...
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FRSC Promotes 49 Senior Officers

FRSC Promotes 49 Senior Officers

The Secretary to the Government of the Federation, Senator George Akume, on Friday approved the promotion of 49 senior officers of the Federal Road Safety Corps (FRSC). A statement issued by Corps Commander, Corps Public Education Officer, Olusegun Ogungbemide...
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Coca-Cola Unveils $1b Investment In Nigeria

Coca-Cola Unveils $1b Investment In Nigeria

President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-...
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Nigeria Targets $1.5b Revenue From Halal By 2027

Nigeria Targets $1.5b Revenue From Halal By 2027

Nigeria has embraced the Halal economy and is hoping to leverage the opportunities to add the sum of $1.5bn to the country’s GDP by 2027, Vice President Kashim Shettima has said. Shettima revealed this as he attended the Nigeria Halal...
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Edo 2024: NAF Commences Airlifting Of Materials

Edo 2024: NAF Commences Airlifting Of Materials

Ahead of the September 21, 2024 Governorship election in Edo State, the Nigerian Air Force (NAF) has commenced the airlift of election materials for the Independent National Electoral Commission (INEC) to Benin, Edo State. A statement by the Deputy Director...
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Tinubu Congratulates Hamzat At 60

Tinubu Congratulates Hamzat At 60

President Bola Tinubu celebrates the 60th birthday of the Lagos State Deputy Governor, Dr. Kadri Obafemi Hamzat, whom he describes as his esteemed colleague and trusted friend. In a special tribute released today, President Tinubu says that Hamzat’s contribu...
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Floods: NDDC To Builds Six Multi-Purpose Emergency Shelters

Floods: NDDC To Builds Six Multi-Purpose Emergency Shelters

The Managing Director of the Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku, has disclosed that the Commission in building six multi-purpose emergency shelters in Bayelsa, Delta and Rivers states for Internally Displaced Persons, IDPs, in the even...
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Nigeria Creates Disaster Relief Fund For Flood Victims

Nigeria Creates Disaster Relief Fund For Flood Victims

President Bola Tinubu on Monday announced a disaster relief fund in Maiduguri, Borno State, to assist Nigerian citizens impacted by floods and other disasters. He said the relief fund is already expedient as the climate becomes more unpredictable and many...
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