archiveSeptember 8, 2023

  The National Chairman of the Labour Party, Julious Abure has urged party supporters and Nigerians not to despair over the judgment of the Presidential Election Petition Court (PEPC) which dismissed Peter Obi’s petition against President Bola Tinubu’s electoral victory. Abure said as unacceptable as the judgment remains, it is...

    resumes officially, writes Assembly   Governor Rotimi Akeredolu, of Ondo State, has resumed work officially after a month’s medical vacation abroad. Akeredolu who thanked Nigerians for their ceaseless prayers for his recovery assured them that he will be alive to complete his full tenure in office. The Speaker...

  Data from the National Bureau of Statistics (NBS) has shown that Electricity Distribution Companies (DisCos) in Nigeria generated N263 billion revenue in the second quarter of 2023, The bureau revealed this in its Nigeria electricity report detailing energy billed, revenue generated and customers by DisCos (Q2 2023) published on...

About $46 billion (N16.25 trillion) was lost to crude oil theft between 2009 and 2020, Speaker of the House of Representatives, Tajudeen Abbas, disclosed, yesterday. According to the Speaker, the menace of crude oil theft has drastically hampered growth of Nigeria’s oil production, with the country losing between five and...

No fewer than 30 persons have lost their lives in a landslide reportedly triggered by activities of illegal miners in the Kuje Area Council of the Federal Capital Territory, Abuja. A total of 19 persons were also said to have been abducted in Bwari Area Council of Abuja on Thursday,...

The Economic and Financial Crimes Commission (EFCC) Abuja Zonal Command, on Thursday, September 7, 2023, handed over property recovered from a convicted fraudster, Aisosa Kelvin Ohue, alias Frederick Leonard, to the American victim, Cheryldene Cook. The property which include the sum of N19, 000,000,000 (Nineteen Million Naira), a three bedroom...

  says broadband penetration to hit 50% by year-end   The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by...

  In the heart of New Delhi, Dr. Lazarus Angbazo, the Chief Executive Officer and Managing Director of the Infrastructure Corporation of Nigeria, passionately made the case that Nigeria, with its status as the largest economy in Africa, its youthful and educated population, abundant natural resources, and strategically advantageous geographical...

Following Nigeria's commitment to adopt the International Sustainability Standards Board (ISSB) standards, Ms. Tinuade Awe, the Chief Executive Officer of NGX Regulation Limited (NGX RegCo), emphasized the importance of Nigerian banks swiftly integrating environmental, social, and governance (ESG) principles into their business strategies. Awe asserted that doing so would provide...

Investment pledges amounting to nearly $14 billion U.S. dollars were committed during the Nigeria-India Presidential Roundtable and Conference in New Delhi convened by H.E. President Bola Ahmed Tinubu. Heirs Holdings Group Chairman, Tony O. Elumelu C.F.R., urged the Indian private sector to seize the opportunity to invest in Nigeria, during...