THE GROUP CHIEF EXECUTIVE OFFICER OF THE NIGERIAN NATIONAL PETROLEUM COMPANY LIMITED MELE KYARI DENOUNCES ALLEGATIONS ON OWNING MALTA PLANT

THE GROUP CHIEF EXECUTIVE OFFICER OF THE NIGERIAN NATIONAL PETROLEUM COMPANY LIMITED MELE KYARI DENOUNCES ALLEGATIONS ON OWNING MALTA PLANT

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has denied allegations of owning a blending plant outside Nigeria. Kyari stated this on Tuesday, reacting to claims by the President of the Dangote Group, Aliko Dangote, that some officials of the NNPC have blending plants in Malta. Reacting in a post on his X handle, Kyari said he had been flooded with calls from family […]

July 23, 2024 17

Uncategorized

CBN HAS APPROVED FIXED RATE OF FOREIGN EXCHANGE TO ELIGIBLE BUREAU DE CHANGE OPERATORS

The Central Bank of Nigeria (CBN) says it has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at one thousand four hundred and fifty Naira to a dollar. The apex bank said the sum of twenty thousand dollars is to be sold to each BDC at the rate of one thousand four hundred and fifty Naira to a dollar representing the lower band of […]

July 19, 2024 40

Uncategorized

POLICE COMMAND IN THE FEDERAL CAPITAL TERRITORY (FCT) BANS THE PROCESSION OF THE PROSCRIBED ISLAMIC MOVEMENT OF NIGERIA.

Police Command in the Federal Capital Territory (FCT) has banned the procession of the proscribed Islamic Movement of Nigeria to commemorate the 2024 Islamic calendar day of Ashura in Abuja. This is contained in a statement issued by the Police Public Relations Officer in the FCT, SP Josephine Adeh on Tuesday in Abuja. The police said intelligence had it that members of the proscribed organisation, also known as Shi’ite were […]

July 16, 2024 13

General

NATIONAL ARTS THEATRE LAGOS, BECOMES PROFESSOR WOLE SOYINKA CENTER.

President Bola Tinubu has named the National Arts Theatre in Iganmu, Lagos, after Nobel Laureate, Professor Wole Soyinka. Tinubu announced this in a letter he wrote to the iconic figure in commemoration of his 90th birthday. Tinubu said his government did not only celebrate Soyinka’s remarkable literary achievements but also his unwavering dedication to the values of human dignity and justice. He noted that despite deprivation and solitary confinement, Soyinka’s […]

July 12, 2024 43

Education

KANO STATE GOVERNMENT REAFFIRMS COMMITMENT TO TRANSFORMING EDUCATIONAL LANDSCAPE

The Kano State Government has reaffirmed its commitment to transforming the educational landscape into a more unified, inclusive, and responsive framework. Governor Alhaji Abba Kabir Yusuf, made this clear at the inauguration of a two-day Kano State Education Recovery Conference held at Bayero University. The conference, themed "Repositioning Education in Kano: Navigating the Path to Excellence", was organized in collaboration with the Partnership for Learning for All in Nigeria (PLANE) […]

July 11, 2024 47

Uncategorized

NIGERIAN NATIONAL PETROLEUM COMPANY LIMITED CALLS ON PETROL STATIONS TO OPERATE LONGER HOURS AS A WAY TO DEAL WITH CURRENT CHALLENGES IN SUPPLY.

The Nigerian National Petroleum Company Limited (NNPCL) says fuel stations are to operate longer hours for supply and distribution of petrol, calling on fuel stations to aid availability in view of the current tight situation. The NNPC Ltd. says the turnaround period of petrol trucking is also elongated to ease the scarcity being witnessed. Executive Vice President, Downstream NNPC Ltd., Dapo Segun, said this on Monday in Abuja during a […]

July 9, 2024 31

Economics

FEDERAL GOVERNMENT ANNOUNCES A 150-DAY DUTY-FREE IMPORT WINDOW FOR FOOD COMMODITIES.

The Federal Government has announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising food inflation which had impoverished many Nigerians. The government also expressed its decision to collaborate with states to expand land cultivation across the country. Consequently, the government suspended duties, tariffs and taxes for the importation of certain food commodities through land and sea borders. Among other things, the latest […]

July 9, 2024 44

Business

FEDERAL HIGH COURT IN LAGOS DIRECTS FORMER MINISTER OF HUMANITARIAN AFFAIRS, DISASTERS MANAGEMENT AND SOCIAL DEVELOPMENT, SADIA UMAR-FAROUK, TO ACCOUNT FOR N729BN.

Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management and Social Development, Sadia Umar-Farouk, to give details of how N729bn allegedly disbursed to 24.3 million poor Nigerians was carried out. Justice Dehinde Dipeolu of the court ruled that the ex-minister should provide a list of all the beneficiaries, including their bank details, that received the N5,000 disbursed for six months. The judge gave the […]

July 8, 2024 24

Uncategorized

CENTRAL BANK OF NIGERIA WARNS BANKS AGAINST CONTINUED REJECTION OF OLD SERIES AND LOWER DENOMINATIONS OF THE UNITED STATES DOLLAR.

The Central Bank of Nigeria has warned against the continued rejection of old series and lower denominations of the United States dollars by its regulated entities in Nigeria. The apex bank threatened to sanction lenders that rejected the currencies. This was contained in a circular dated June 27, signed by the acting director of the currency operations department, Solaja Olayemi. The circular directed at Deposit Money Banks, Bureau De Change […]

July 3, 2024 24