A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Hon. Yekini Nabena, has asked President Bola Tinubu to approve the relocation of the Nigerian National Petroleum Company Limited (NNPCL) to the Niger Delta region. He also urged ...
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Feed SubscriptionGov Adeleke Approves N1bn Loan For Osun SMEs At Single Digit Interest Rate
The Osun State governor, Ademola Adeleke, has approved the release of N1billion to the Osun Cooperative and Micro-Credit Agency for onward disbursement to Small and Medium-sized Enterprises (SMEs) and cooperative societies in the state as a Revolving Loan Scheme at ...
Read More »PSC Promotes AIG Galadanci To DIG, 14 CPs To AIGs, 1,882 Other Senior Officers
The Police Service Commission (PSC) has promoted 1,897 senior Police officers to the next rank. Among the notable officers promoted on January 23, 2024, included AIG Dasuki Galadanci, AIG in-charge of Zone 12 Bauchi, who has been promoted to a ...
Read More »FCT Kidnappings: Wike Orders Profiling Of Vigilance Group Members
…To roll out Abuja buses to counter ‘one chance’ robbers The minister of the Federal Capital Territory (FCT), Nyesom Wike, has directed the six Area Council chairmen in the Territory to set up vigilance groups and also ensure the immediate ...
Read More »Better Welfare For Workers Still Our Priority – Labour
The Nigeria Labour Congress (NLC) yesterday said prioritising the welfare and living standards of Nigerian workers remains a crucial aspect of its advocacy. The comment comes three months after the organised labour and the federal government signed a 15-point agreement ...
Read More »Naira Strengthens 5.1% Against US Dollar In Official Market
The naira on Tuesday exhibited resilience in the official foreign exchange market, closing 5.1% stronger against the US dollar at N878.61/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM). This marked a significant improvement compared to the previous day’s rate ...
Read More »NGX Records 12.97% Turnover Rise, Investors Gain N1.56 Trillion
The domestic bourse appreciated further on Tuesday, causing the market turnover on the Nigerian Exchange Ltd. (NGX) to rise by 12.97%. Market activities revealed that 747.51 million shares valued at N16.28 billion were exchanged in 16,589 deals. As a result, ...
Read More »CBN Hinges Planned Interest Rate Easing On 21.4% Inflation Target
…Analyst says hiking rates will boost investment Ahead of its first Monetary Policy Committee (MPC) meeting slated for next month, the Central Bank of Nigeria (CBN) has said, once it achieves its 2024 inflation target of 21.4 per cent, it ...
Read More »Yul Edochie Quits Nollywood, Announces New Calling As Preacher
Nollywood actor, Yul Edochie, has announced that he has answered the call of God by becoming a full-time preacher. Edochie had earlier told fans that he would make the biggest announcement of his life. Hours later on Instagram, he revealed ...
Read More »Nigeria Must Fix Corruption, Investment Issues — Blinken
United States Secretary of State, Anthony Blinken, on Tuesday, pressed Nigeria to tackle barriers like corruption and difficulty repatriating profits that have dampened the business climate for American companies looking to invest in Africa’s largest economy. He disclosed this to ...
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