News Archives — Page 303 of 729

July 28, 2022 No Responses

FG Approves N800m To Purchase Vehicles For NDLEA

The Federal Executive Council (FEC) on Wednesday approved N800 million for the procurement of 32 operational vehicles for the National Drug Law Enforcement Agency (NDLEA). Minister of Information and Culture, Alhaji Lai Mohammed, made this known while briefing Journalists at...

July 27, 2022 No Responses

Presco Shareholders Get N7.5b Dividend For 2021

By Moses Ebosele, ebosele@hotmail.com — For the financial year ended December 31, 2021, shareholders of Presco Plc, on Wednesday, approved payment of 660kobo per share final dividend, amounting to N6.6Billion. This brought the tota...

July 27, 2022 No Responses

FRSC Warns Motorists Against Speeding On Lagos-Ibadan Expressway

The Federal Road Safety Corps (FRSC) Ogun Command has warned motorists against speeding as part of measures to further reduce accidents on the Lagos-Ibadan Expressway. FRSC Sector Commander, Mr Ahmed Umar, gave the warning in an interview with the News.....

July 27, 2022 No Responses

Reps Amend CBN Act To Stop Governor From Partisan Politics

The House of Representatives has passed a bill after the second reading to stop the Governor of the Central Bank of Nigeria (CBN) from participating in future elections in the country. Rep. Sada Soli, the sponsor of the Bill at...

July 27, 2022 No Responses

Court Remands Man For Allegedly Stealing N11.27m From Fidelity Bank

An Ikeja Special Offences Court on Tuesday remanded a 32-year-old man, Sedeliu Iziomo, in a correctional facility for allegedly stealing N11.27 million from Fidelity Bank Plc. The News Agency of Nigeria (NAN) reports that Iziomo is charged with a two-cou...

July 27, 2022 No Responses

Economist Implores Investors On Taking Position

A Professor of Capital Market, Prof. Uche Uwaleke, has advised investors interested in the equities market to buy stocks in September and sell in January 2023 to reduce the impact of electioneering activities on investment. Professor Uwaleke gave the ad...

July 27, 2022 No Responses

Adeleke Constitutes 37-Member Transition Committee

The Osun Governor-elect, Sen. Ademola Adeleke (PDP) has constituted a 37-member Transition Committee to facilitate a smooth transition to his administration on November 27, 2022. A statement issued by the party’s Director of Media, Oladele Bamiji, on T...

July 27, 2022 No Responses

Chevron Nigeria Restates Commitment To Nation’s Zero Emission Goal

Chevron Nigeria Limited has restated its commitment to take deliberate actions in ensuring that the country attains its net zero carbon emission goal by 2060. Communications Manager, Chevron Nigeria and Mid-Africa, Mr Victor Anyaegbudike, sa...

July 27, 2022 No Responses

NIWA Reiterates Commitment To Tackle Boat Mishaps

The National Inland Waterways Authority (NIWA) is putting measures in place to avoid the reoccurrence of boat mishaps in the country. The Managing Director of NIWA, Dr George Moghalu said this at a news conference on Tuesday, following the recent...

July 26, 2022 No Responses

Buhari Nominates Four Non-Executive Directors Of CBN

President Muhammadu Buhari has nominated four persons for appointment as Non-Executive Directors of the Board of the Central Bank of Nigeria (CBN).This is contained in a letter dated July 21 and read at Tuesday’s plenary by Senate President, Ahmad Lawan.Buha...

July 26, 2022 No Responses

NLC Protest: LASG Urges Motorists To Remain Calm, Receives Letter From Protesters

The Lagos State Government has urged motorists to remain calm despite the protest rally of the Nigeria Labour Congress (NLC) in Ikeja and its environs. The Commissioner for Transportation, Dr Frederic Oladeinde made this known in a statement issued in...

July 26, 2022 No Responses

TotalEnergies Begins Production From 50,000bpd Ikike Field

TotalEnergies, OML99 operator (40 per cent), has announced the start of production from the Ikike field, in Nigeria. TotalEnergies made the announcement in a statement posted on its website and obtained by the News Agency of Nigeria (NAN) on Monday...

July 26, 2022 No Responses

Edo Confirms Eight Cases Of Monkeypox

The Edo State Ministry of Health has revealed that eight persons have so far tested positive for monkeypox in the state, urging residents to observe safety measures to reduce the spread of the virus and other infectious diseases in the...

July 26, 2022 No Responses

Buhari Appoints Biu As Acting FRSC Corps Marshal

President Muhammadu Buhari has approved the appointment of Mr Dauda Biu, as the Acting Corps Marshal of the Federal Road Safety Corps (FRSC), following the retirement of Mr Boboye Oyeyemi. Oyeyemi said this when he handed over to Biu at...