archiveDecember 6, 2023

The Director-General of the Budget Office of the Federation, Ben Akabueze, has said that in the last four years, the projections of the International Monetary Fund (IMF) on the Nigerian economy have been flawed. Akabueze said this of the agency’s projections while speaking on Channels Television’s Politics Today programme on...

  The Ogun State Police Command said it has unraveled the disappearance of 18-year-old Quadri Sallami, a 100-level student of the Obafemi Awolowo University, who was allegedly slaughtered by suspected ritualists on November 14, 2023. The deceased was said to have been missing on November 8, 2023. Police spokesperson in...

A former senator representing Kaduna Central, Shehu Sani said the recent bombing of a crowd celebrating Maulud in Tudun Biri village of Igabi Local Government Area of Kaduna State did not happen by mistake. Sani stated this in an interview on Trust TV on Wednesday. Recall that over 90 people...

The Chairman of the Senate Appropriation Committee, Senator Adeola Olamilekan, has ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, to in 24 hours appear before the committee. The committee chairman, on Wednesday, also asked Kyari to be present in the company of the...

  US consumer goods powerhouse Procter & Gamble (P&G) will discontinue manufacturing in Nigeria and pivot to import-only activity, the company has said. The multinational expects $2.5 billion in charges over the next two years from rejigging operations in some of its markets and writing down the value of its...

  warns against relapse in local content drive The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Kesiye Wabote announcing that the agency has completed 83 percent of...

agreement on 421 tonnes per day small-scale LNG project in Ajaokuta and MoU on lloating LNG In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the...

  to release N1.3bn counterpart fund for 2023 UBEC projects Barely two weeks after Oyo State governor, ‘Seyi Makinde, promised the kick-start of the rehabilitation and reconstruction of internal roads in Ibadan, the Oyo State capital, the state government has approved contracts for the construction and rehabilitation of inner roads...

In pursuance of his infrastructure expansion agenda, Governor Ademola Adeleke has launched road dualisation construction activities at Ede and Osogbo while documentation processes are almost completed on planned flyovers across the three senatorial districts. The roads which is a total of 11.17km is part of the multibillion naira Osun infrastructure...

The Head Research FMDQ Group Plc, Dr Vincent Nwani, says there is a need to improve efforts to attract some of the $30trillion sustainability fund available globally into the Nigerian capital market. Nwani stated this at the Capital Market Correspondents Association of Nigeria 2023 workshop with the theme: ‘Leveraging Capital...