NNPCL Cautions Against Panic Buying

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of  Premium Motor Spirit (PMS), also known as petrol.   A statement issued by the company’s Chief Corporate Communications Officer, Olufemi Soneye in Abuja...
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Oil Palm: Edo Unveils Agenda For 47,000-hectare New Plantation

Oil Palm: Edo Unveils Agenda For 47,000-hectare New Plantation

The Edo State Governor, Mr. Godwin Obaseki, has unveiled plans for the launch of phase 2 of the State’s Oil Palm Programme (ESOPP) with an additional 47,000 hectares of land to be allocated to new and prospective oil palm investors....
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CBN Directs Banks To Charge 0.5% Cybersecurity Levy

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...
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NDLEA Smashes Drug Syndicate

NDLEA Smashes Drug Syndicate

The National Drug Law Enforcement Agency (NDLEA) has smashed an international drug syndicate with networks in parts of Nigeria, South Africa and Thailand Meanwhile, no fewer than five members of the cartel were arrested in a two-week intelligence led operation...
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Air Peace Bags ICAN Achievement Award

Air Peace Bags ICAN Achievement Award

Air Peace has bagged another accolade for its game-changing milestones in Nigeria’s aviation sector.  The airline clinched the Achievement Award in the Corporate Category at the 2024 Institute of Chartered Accountants of Nigeria, ICAN, Awards and An...
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Edo Flags Off Food Support Programme

Edo Flags Off Food Support Programme

The Edo State Governor. Mr. Godwin Obaseki, has flagged off the Edo State Food Support Programme, in collaboration with the Christian Association of Nigeria (CAN). The programme which is tagged the Christian Feeding Programme was designed to feed the poorest.....
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Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria.   Speaking at an event organized by the National Council on Nutri...
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Firm Orders Six Cargo Ships

Firm Orders Six Cargo Ships

French sailing freight transport company, TransOceanic Wind Transport (TOWT) has ordered six additional vessels from compatriot shipbuilder Piriou. The newbuilds are expected to debut in 2026 and 2027, TOWT said. The order comes as the company prepares to comm...
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Ikoyi Towers’ Squatters Get 48-Hour Quit Notice

Ikoyi Towers’ Squatters Get 48-Hour Quit Notice

The Lagos State Government has given a 48-hour quit notice to illegal occupants of abandoned Ikoyi Towers in Lagos Island.  The state’s Commissioner for Environment and Water Resources Tokunbo Wahab gave the notice on Saturday during an inspection of so...
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Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians

Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians

President Bola Ahmed Tinubu has urged automotive manufacturers in Nigeria to facilitate the production of affordable vehicles for Nigerians.  Tinubu made the remarks during a meeting with the African Association of Automotive Manufacturers (AAAM) and the ...
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Court Jails Ex-FCMB Manager 121 Years For N112m Fraud

Court Jails Ex-FCMB Manager 121 Years For N112m Fraud

Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting...
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Press Freedom Not License To Spread Fake News, Says Minister

Press Freedom Not License To Spread Fake News, Says Minister

Press freedom is not a license for practitioners to spread fake news, misinformation and disinformation, the Minister of Information and National Orientation, Mohammed Idris, has said. Idris stated this on Friday in Abuja while responding to questions from Jou...
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Shippers Council Thrift Society Declares N70.9m Dividend For 2023

Shippers Council Thrift Society Declares N70.9m Dividend For 2023

The Nigeria Shippers Council (NSC) Staff Multipurpose Cooperative Society Limited has declared N70.9million (N70,927,361.19) dividend and net surplus of N141.9million (N141,854,723.73) for the fiscal year 2023,  compared to net surplus of N88.9millio...
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Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector

Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in the Nigeria Automotive Industry.The Minister stated this on Friday, 3rd May...
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