The Legacy Of Ogbonnaya Onu, Former Governor Of Abia State: A Tribute To A Visionary Leader In Nigeria Politics

The Legacy of Ogbonnaya Onu, Former Governor of Abia State: A Tribute to a Visionary Leader in Nigeria Politics

The unexpected passing of Ogbonnaya Onu, a distinguished figure in Nigerian politics, has reverberated throughout the nation, leaving many in shock and mourning. Ogbonnaya Onu’s illustrious career, which spanned from his tenure as the Governor of Abia State to his impactful role as the Minister of Science and Technology, solidified his legacy as a stalwart…

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Nigerian Army Celebrates Eid-El-Fitr 2024: Chief Of Army Staff Extends Goodwill Message

Nigerian Army Celebrates Eid-El-Fitr 2024: Chief of Army Staff Extends Goodwill Message

In a heartfelt message marking the culmination of the holy month of Ramadan, Nigerian army chief Lieutenant General TA Lagbaja NAM GSS psc(+) usawc CM FCM FCMH MSS, , extended warm congratulations to the Muslim faithful on successfully completing their fast. He also extended heartfelt felicitations to the officers, soldiers, and civilian staff of the…

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Nigeria'S Blue Economy Potential Unlocks: Minister Adegboyega Oyetola Leads Strategic Initiative For Sustainable Development

Nigeria’s Blue Economy Potential Unlocks: Minister Adegboyega Oyetola Leads Strategic Initiative for Sustainable Development

The federal government of Nigeria, through Minister Adegboyega Oyetola in collaboration with the African Union – Interafrican Bureau for Animal Resources (AU-IBAR), is embarking on formulating a comprehensive Blue Economy Strategy. The initiative aims to tap into Nigeria’s marine resources effectively and sustainably for economic development. During a recent workshop in Abuja, Minister Adegboyega Oyetola…

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Oil Marketers Propose N550 Per Litre To Dangote Refinery: Fueling Nigeria'S Economic Resilience With Local Refining

Oil Marketers Propose N550 per Litre to Dangote Refinery: Fueling Nigeria’s Economic Resilience with Local Refining

In a bid to address the dynamics of petrol pricing, oil marketers have engaged in deliberations with Dangote Refinery, proposing a benchmark price of N550 per litre for petrol within the Lagos region. Alhaji Abubakar Migandi Garima, President of IPMAN, revealed that these discussions are centered around various factors including pricing mechanisms, profit margins, and…

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Cbn Unveils Enhanced But Contentious Guidelines To Safeguard Dormant Accounts And Unclaimed Funds

Central Bank of Nigeria Records Unprecedented Success: Surge in Liquidity Management Generates N7.7 Trillion, Empowering Economic Growth

The Central Bank of Nigeria (CBN) has implemented robust strategies to tackle surplus liquidity in the banking sector, particularly through the issuance of Nigerian Treasury Bills (NTBs) and Open Market Operations (OMO). In the first quarter of 2024, the Central Bank of Nigeria achieved remarkable success, generating a substantial N7.7 trillion. This marks a staggering…

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Multichoice Nigeria Limited Faces N7.9 Billion Loss In Fraudulent Currency Exchange Deal

Multichoice Nigeria Limited Faces N7.9 Billion Loss in Fraudulent Currency Exchange Deal

Multichoice Nigeria Limited, a prominent provider of satellite television services across Africa, has been embroiled in a significant financial setback following a fraudulent foreign currency exchange transaction. The company reported a staggering loss of N7.9 billion due to the failed deal, sparking concerns within the business community and among its customer base. The intricate web…

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Federal Government Threatens To Terminate Julius Berger'S Contract Over N740 Billion Highway Disagreement

President Tinubu Emphasizes Partnership with Corporate Nigeria for Economic Growth

President Tinubu underscored the crucial role of the private sector in Nigeria’s economic growth during an Iftar gathering in Abuja with members of the Nigerian business community. He expressed gratitude for their support and emphasized the indispensable nature of their contributions to the nation’s economy. Tinubu highlighted the private sector as the primary driver of…

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Nigerian Electricity Regulatory Commission (Nerc) Slams Abuja Electricity Distribution Company (Aedc) With N200 Million Fine: Upholding Fair Billing Practices And Consumer Rights

Nigerian Electricity Regulatory Commission (NERC) Slams Abuja Electricity Distribution Company (AEDC) with N200 Million Fine: Upholding Fair Billing Practices and Consumer Rights

The Nigerian Electricity Regulatory Commission (NERC) has taken decisive action against the Abuja Electricity Distribution Plc (AEDC) for its non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order. This enforcement action underscores NERC’s commitment to ensuring adherence to regulatory frameworks within the electricity sector. By imposing a fine of N200 million on…

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Air Peace Ceo, Allen Onyema Hails President Tinubu'S Game-Changing Impact On Nigeria'S Economy

Air Peace CEO, Allen Onyema Hails President Tinubu’s Game-Changing Impact on Nigeria’s Economy

In a recent gathering of the organized private sector in Abuja, Allen Onyema, the CEO of Air Peace, commends President Tinubu for his instrumental role in bolstering Nigeria’s business environment. With a strategic vision, President Tinubu has implemented measures that have significantly enhanced the ease of doing business across various sectors. Allen Onyema’s remarks underscore…

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