archiveAugust 1, 2024

Governor Adeleke has reiterated the resolve of his administration to ensure sustainable and secure mining practices in the state. Senator Adeleke gave this assurance while inaugurating the state Mineral Resources and Environmental Management Committee headed by Professor Lukman Jimoda in Osogbo. Addressing the 9-member Committee, Senator Adeleke said the inauguration...

  In a bid to tackle immigration fraud and its accompanying reputational damage it is causing Nigeria, the Economic and Financial Crimes Commission (EFCC) has set up an Immigration Fraud Section in some of its Commands across the country. Executive Chairman of the Commission,   Mr. Ola Olukoyede disclosed this on...

  MTN Nigeria Communications Plc has reported a loss after tax of N519.1 billion for the first half of 2024. This indicates an upward trend of 34.9 per cent from a loss of N85.59 billion posted in the corresponding period of year 2023. Mr Karl Toriola, Chief Executive Officer, MTN...

  The Africa Social Impact Summit (ASIS) 2024, co-convened by The Sterling One Foundation and the United Nations, was held at the Eko Convention Center from July 25-26. This landmark event highlighted the importance of collaboration across sectors, bringing together private sector organizations, NGOs, and other stakeholders to tackle Africa's...

  91% increase on N1,041 spent in May National Bureau of Statistics (NBS) has said that Nigerians spent ₦1,241 to afford one healthy square meal in a day, in June. NBS, in its monthly Cost of a Healthy Diet (CoHD) report for June, said ₦1,241 showed an increase from May....

They carried placards with several inscriptions like ‘Hunger is enough,’ and ‘End bad governance in Nigeria’ among others. Protesters on Thursday defied a court order restraining them from holding demonstrations against the government. Justice Sylvanus Oriji of the Federal Capital Territory High Court in Abuja had on Wednesday restricted protesters...

  The U.S. Embassy in Abuja has issued a security alert to its citizens over the nationwide protests scheduled to be held from Aug. 1 to 10 as organised by some groups in Nigeria. This is contained in a statement by the embassy on Thursday. It explained that the decision...

Chief Femi Otedola, chairman of FBN Holdings and Geregu Power Plc, has thrown his weight behind the new windfall tax policy of President Bola Tinubu’s administration. The windfall tax policy is targeted at charging 70 percent of banks’ foreign exchange (FX) gains. In a statement on Wednesday, Otedola condemned the...

  The Inspector-General of Police, Kayode Egbetokun, has commended officers for the discovery and detonation of an Improvised Explosive Device (IED) by the Explosive Ordnance Disposal (EOD) and Chemical, Biological, Radiological, and Nuclear (CBRN) Unit of the Nigeria Police Force. The incident happened on Wednesday along Mobolaji Bank Anthony Way,...

  President Bola Ahmed Tinubu convened a closed-door meeting with leaders of Nigeria’s commercial banking sector at the State House in Abuja to discuss the newly imposed windfall tax. The session, led by Finance Minister Wale Edun, included prominent figures such as Tony Elumelu, Chairman of United Bank for Africa,...