Dangote Refinery, has successfully secured its inaugural cargo deal, boasting an impressive 6 million barrels ready for delivery. As the much-anticipated project gears up to commence operations at 350,000 barrels per day next month, it holds the promise of transforming oil trading dynamics in the Atlantic Basin. Set to become a pivotal player in the…
The federal government of Nigeria has entered into a partnership with Green Agriculture West Africa (GAWAL), a subsidiary of the Chinese General Construction Company (CGC), to launch a comprehensive training program for 5,000 women across the nation. The focus of the training revolves around modern rice farming technology. The Minister of Women Affairs, Uju Kennedy-Ohanenye,…
The Secretary to the Government of the Federation (SGF), George Akume, has emphasized the crucial role of a robust collaboration between the public and private sectors in driving research and development (R&D) in Nigeria. Akume highlighted President Bola Tinubu’s relentless efforts to attract global investors, asserting that these endeavors are yielding positive results for the…
The Central Bank of Nigeria (CBN) has restated its unwavering commitment to achieving monetary and price stability in the nation’s economy. Governor Olayemi Cardoso, delivering the keynote address at the 58th Annual Bankers Dinner in Lagos, emphasized that the bank’s policies are strategically designed to ensure a stable exchange rate, control inflation, and foster a…
The Inspector General of Police (IGP), Kayode Egbetokun, has highlighted the urgent need for increased funding and resources to address challenges faced by the Nigeria Police Force. Speaking before the House of Representatives, the IGP emphasized that each of the 1,537 divisional police headquarters across the country requires a minimum of four patrol vehicles. Identifying…
Former Senate President, Dr. Abubakar Bukola Saraki, has extended a significant gesture towards education by awarding a four-year full scholarship to 100 students at Muhammad Kamalud-Deen University in Ilorin, Kwara State. The announcement was made during the official commissioning of the private university owned by the Ansar-ul-Islam Society of Nigeria. In a statement by his…
A pivotal meeting has commenced in Yola, the capital of Adamawa State, as Northern governors gather for the 9th quarterly meeting of the North-East Governors’ Forum (NEGF). The meeting, scheduled for today, has brought together governors from six states, including Bauchi, Gombe, Yobe, Borno, and Taraba, who have converged on the state capital to address…
Official data from the National Bureau of Statistics reveals a positive trajectory in Nigeria’s economy for the third quarter of 2023. The country’s Gross Domestic Product (GDP) experienced a year-on-year growth of 2.54%, surpassing the figures recorded in the same period last year (2.25%) and the previous quarter (2.51%). The services sector emerged as a…
A gathering of former national chairmen of the Petroleum Tanker Drivers (PTD) dismissed any speculation of a potential breakaway from the overarching union. During a solidarity visit to Augustine Egbon, the current national chairman of PTD at the NUPENG National Secretariat in Abuja, John Ossai, a member of the forum, emphasised their satisfaction with the…
The Kogi State Government has issued a directive for the immediate freezing of all state and local government accounts. The Commissioner for Finance, Asiwaju Asiru Idris, conveyed the order, stating that no imprest or payments should be authorized from government accounts henceforth. The official statement declares the cancellation of all Standing Orders and Investment Instructions…