archiveSeptember 2024

  Heirs Insurance Group has announced the winners of its 2024 Essay Championship, who will be awarded N8million scholarship. The winners were announced at a grand ceremony in Abuja. The winner, Hephzibah Chidi from Seacrest Preparatory in Rivers State, who won the first-place position and a N5 million scholarship, captivated...

Former Kogi State governor, Alh. Yahaya Bello, on Wednesday, honoured the invitation of the Economic and Financial Crimes Commission (EFCC) after months of ‘hide and seek’ game with the anti-graft agency. The former governor was accompanied to the EFCC headquarters by high profile Nigerians. The Director, Yahaya Bello Media Office,...

The Vice President, Kashim Shettima, has said that the Nigerian capital market plays a crucial role in the realization of the target of the President Bola Ahmed Tinubu administration to create a trillion-dollar economy. The Vice President stated this on Tuesday when he received at the Presidential Villa, executive members...

  The Federal Government, states, and local governments in Nigeria shared a total of N1.203 trillion in revenue generated for August 2024, according to the Federation Accounts Allocation Committee (FAAC). The revenue distribution was announced following the committee’s September meeting in a statement by the Director of Press and Public...

  The Nigeria Hydrological Service Agency (NIHSA) Tuesday, alerted Nigerians as Lagdo Dam in Cameroon begins release of water. The alert was given by the Director General, DG, NIHSA, Umar Mohammed, in a statement signed by himself and made available to the media. According to Mohammed, there is no cause...

  the accident also left many injured.   President Bola Tinubu has condoled with members and leaders of the Tijjaniyya Movement in Nigeria, over the death of 40 members killed in an auto crash on Sunday. The accident also left many injured. According to the statement by the Special Adviser...

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural US-Nigeria Strategic Energy Dialogue, hosted by the U.S. State...

Oyo State governor, ‘Seyi Makinde will, on Wednesday, flag off the project for the upgrade of the Ibadan Airport, Alakia to an international airport. The flag-off comes a few weeks after the governor inaugurated an 11-man committee set up to oversee the delivery of the project. The committee is headed...

  The National Bureau of Statistics (NBS) says the headline inflation rate eased to 32.15% in August 2024, relative to the July 2024 headline inflation rate of 33.40%. This indicates that the August headline inflation rate showed a decrease of 1.25% points when compared to the July headline inflation rate....

United Capital Group, a leading financial services group in Nigeria, has successfully spearheaded the issuance of the inaugural Domestic FGN US Dollar Bond, raising over US$900 million. This groundbreaking transaction marks Nigeria’s first-ever domestic US dollar-denominated bond and demonstrates United Capital’s expertise in the capital markets. The bond, which offers...