EFCC Arrests Former Minister for N3.6 Billion Loan Fraud The Economic and Financial Crimes Commission (EFCC) has apprehended Charles Chukwuemeka Ugwuh, former Minister of Commerce and Industry, alongside Chief Geoffrey Ekenma, for their alleged involvement in a conspiracy and loan fraud amounting to N3.6 billion. The arrest took place on January 11, 2024, at No.2,…
A Pivotal Gathering in Owerri In a significant political gathering today, President Bola Ahmed Tinubu and former President Obasanjo came together in Owerri, Imo state, for the swearing-in ceremony of Governor hope Uzodimma’s. This marks a crucial reunion for the two leaders, who last met during Tinubu’s visit to Obasanjo in Abeokuta on August 17,…
Minister Bagudu’s Optimistic Outlook on Exchange Rate Improvement Minister Atiku Bagudu expresses optimism about the improvement of Nigeria’s exchange rate, attributing it to the ongoing reforms led by President Bola Tinubu and the Central Bank of Nigeria. Minister Bagudu highlights the positive correlation between liberalizing the foreign exchange market and achieving better exchange rates. Global…
The opening minutes of the Senegal vs. Gambia clash in the ongoing African Cup of Nations (AFCON) 2024 were nothing short of exhilarating. Moussa Niakhaté’s early foul set the stage for an intense encounter. Alasana Manneh, representing Gambia, tried to level the playing field with a powerful left-footed shot from outside the box, but Senegal’s…
In a significant development for Nigeria’s energy sector, the Port Harcourt Oil Refinery has been successfully revived, marking a pivotal moment for the nation’s oil and gas industry. After undergoing extensive upgrades and refurbishments, the refinery is now poised to contribute significantly to the country’s fuel supply and energy security. The Nigerian National Petroleum Corporation…
APC’s Determination to Reclaim Edo and Maintain Ondo The All Progressives Congress (APC) has set its sights on reclaiming Edo State, which slipped from its grasp in the 2020 governorship election. Nze Chidi Duru, Deputy National Organising Secretary of the APC, articulated the party’s commitment during an interview in Abuja over the weekend. Not only…
In a surprising turn of events, Olisa Metuh, former spokesperson of the People’s Democratic Party (PDP), commended President Bola Tinubu’s administration for its anti-corruption efforts. According to Metuh’s press statement released yesterday, he emphasized that the focus of these endeavors is primarily directed towards rooting out corruption within government officials rather than targeting the political…
In a significant development for Nigeria’s petroleum industry, the seven major oil marketers in the country have officially registered with the Dangote Petroleum Refinery, a monumental $20 billion project. The Major Oil Marketers Association of Nigeria (MOMAN) confirmed this on Sunday, highlighting that the registration marks the initiation of the lifting and distribution of refined…
AFCON Day 2: OGM News- The highly anticipated match between Ghana and Cape Verde kicked off with a flurry of action in the first half. The teams were determined to establish dominance early on, resulting in a series of exciting moments that kept fans on the edge of their seats. Monteiro’s Strike Puts Cape Verde…
In a significant development, the Dangote Petroleum Refinery has officially sought the approval of the Federal Government to introduce its highly-anticipated diesel and aviation fuel products to the domestic market. This move comes after the successful production of these refined products, which are currently stored in the refinery’s advanced storage tanks, awaiting the green light…
