TotalEnergies has reaffirmed its dedication to its business pursuits in Nigeria, confirming that its leader, Patrick Pouyanne, met with Nigeria’s President Bola Tinubu in Abuja on Monday. The French company disclosed the signing of a cooperation agreement with Nigeria’s oil firm NNPC Ltd to conduct methane detection and measurement campaigns using its advanced drone-based AUSEA…
Speaker Tajudeen Abbas of the House of Representatives has announced that the 2024 budget will be passed on December 30. During the resumption of the plenary on Tuesday, Mr. Tajudeen stated that lawmakers would reconvene after the Christmas holiday to deliberate on and approve the budget. In Nigeria, December 25th and 26th are observed as…
The Office of the Vice-President, in collaboration with the Bank of Industry (BOI), has announced plans to kick-start the distribution of loans to micro, small, and medium enterprises (MSMEs) from January 2024. Temitola Adekunle-Johnson, Senior Special Assistant to Vice-President Kashim Shettima on Job Creation and MSMEs, revealed this in a statement released on Tuesday. The…
A group of protesters, totaling 19 individuals, were apprehended by the Joint Task Force team of the Federal Capital Territory Administration (FCTA) on City Sanitation in Abuja. The protesters had gathered at the Abuja Metropolitan Management Council (AMMC) premises in Wuse to express their discontent over the recent demolition of a Mechanic Village in Kubwa…
Amidst accusations of exorbitant airfares targeting South-Eastern travelers during the festive season, Air Peace, a major Nigerian airline, has issued a statement debunking the claims. Reports of high airfares have circulated on social media, prompting criticisms and accusations of exploitation against the airline. In a press release on Monday, Air Peace dismissed the allegations as…
A recent ruling by the High Court of the Federal Capital Territory (FCT) in Abuja has resulted in the freezing of the Oyo State Government’s accounts in ten commercial banks across the country. Justice A. O. Ebong issued the order in response to a garnishee proceeding initiated by former council leaders in Oyo State, who…
Petrol prices in Nigeria are experiencing a silent surge, reaching between N660 to N700 per litre across several states, as the yuletide season approaches, according to a recent review by Nairametrics on Monday, December 18. This increase is not merely a festive season phenomenon but is closely tied to the recent removal of fuel subsidies,…
Sonny Echono, the executive secretary of the Tertiary Education Trust Fund (TETFund), disclosed that the fund disbursed a whopping ₦320 billion for interventions in tertiary institutions across Nigeria in 2023. This revelation came during Mr Echono’s address to journalists following the TETFund management retreat in Makurdi on Monday. Mr Echono shared that the retreat aimed…
President Bola Tinubu has assured members of the Newspaper Proprietors’ Association of Nigeria (NPAN) of his administration’s unwavering commitment to media freedom. Speaking during a meeting in Abuja, the President pledged to uphold diverse opinions, whether critical or complimentary to his government. Tinubu acknowledged concerns raised by NPAN regarding existing regulations affecting the paper industry,…
Governor Babajide Sanwo-Olu of Lagos State has given a festive boost to public servants by approving a N35,000 wage award for December. Additionally, the governor sanctioned a 50% payment of basic salary as a December bonus for political appointees and public servants. The Head of Service, Bode Agoro, conveyed the announcement in a circular titled…