Passengers numbering about 45 have been abducted by armed men in Orokam, along the Otukpo-Enugu Road in Ogbadigbo local government area of Benue State. The gunmen were said to have ambushed the three fully-loaded 15-seater commercial buses when they came ...
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Feed SubscriptionAfreximbank, UBA Disburse 1st Tranche Of $3.3bn NNPC Loan
African Export-Import Bank (Afreximbank) has announced the successful disbursement of the initial tranche of the syndicated $3.3 billion crude oil prepayment loan to the Nigerian National Petroleum Company Limited (NNPC). The bank said the initial disbursement was about $2.25 billion, ...
Read More »Troops Reject N12m Bribe, Arrest 2 Transnational Smugglers Of Illicit Substance In Ogun
Troops of 192 Battalion, 81 Division, Nigerian Army, have arrested two transnational drug smugglers with 296 wraps of illicit substance suspected to be cannabis sativa in Ogun State. The Director, Army Public Relations, Major General Onyema Nwachukwu, said the troops, ...
Read More »YPP Set To Stage Protest Against Interior Minister Over Alleged Abuse Of Office
The Young Progressives Party (YPP) has said that it will stage a mega protest march to press home its demand for the immediate suspension and investigation of the Minister of Interior, Olubunmi Tunji-Ojo, over alleged abuse of office. The opposition ...
Read More »West Africa Power Project Seeks $156m Annually For 913km Regional Grid
The West African Power Pool, (WAPPO), has proposed a $156 million annual budget for the execution of its 330kV North Core power transmission project, expected to link Nigeria to four other West African countries. The 913km project, estimated to cost ...
Read More »Total Energies, NAOC Visit NCDMB, As Hope Rises For Oil, Gas Projects In 2024
Hopes of new projects that would revitalise the Nigerian oil and gas industry and grow local content appear close to realisation as the Managing Director and Country Chair, TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed on Thursday that the ...
Read More »FG Rolls Out Agric Mechanisation Plan
The federal government yesterday announced its intention to roll out a comprehensive mechanisation plan to enhance the productivity of the agricultural sector. Minister of Agriculture and Food Security, Abubakar Kyari said that the plan is expected to be launched soon ...
Read More »Tinubu Establishes Six-man Social Investment Programmes Review Panel
…Names finance minister as chairman Following the six-week suspension of the four programmes under the National Social Investment Programmes Agency (NSIPA) by President Bola Tinubu on Friday, he has approved the establishment of a Special Presidential Panel on the programmes, ...
Read More »Afreximbank Disburses $2.25b Crude Oil Prepayment To Nigeria
African Export-Import Bank said it has successfully arranged a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited and that an initial disbursement of $2.25 billion has been made. A second tranche of $1.05 billion ...
Read More »Keystone Bank assures customers of smooth operations as new management takes over
Keystone Bank Limited has reassured stakeholders, including customers and partners across the country of unhindered and smooth running of its operations as a new management takes over. In a statement on Friday by the Company Secretary, the bank noted that ...
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