News – Page 58 – Democracy Radio

PRO-WIKE RIVERS STATE HOUSE OF ASSEMBLY GIVES GOVERNOR 7 DAYS TO RE-PRESENT 2024 BUDGET

The Rivers State House of Assembly led by Martin Amaewhule has issued a 7-day ultimatum to Governor Siminalayi Fubara to re-present the 2024 budget to the House. The order follows the first sitting of the pro-Wike House on Monday after some months. The other House led by Victor Oko-Jumbo also held a parallel sitting. Fubara had earlier presented the budget to the House loyal to him when his current Chief of Staff Edison Ehie presided as the Speaker. Ehie and […]

July 4, 2024 15

Business

NIGERIAN NATIONAL PETROLEUM COMPANY LIMITED DECLARES STATE OF EMERGENCY ON CRUDE OIL PRODUCTION.

The Nigerian National Petroleum Company Limited says it has declared a state of emergency on crude oil production, adding that the move is geared towards increasing Nigeria’s oil production and growing its reserves. Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition Week in Abuja, on Tuesday. According to Kyari, the NNPCL declared war on the challenges affecting crude […]

July 3, 2024 77

Uncategorized

HOUSE COMMITTEE INITIATES REVIEW TO ENHANCE EFFICIENCY OF GOVERNMENT AGENCIES

The House of Representatives says the aim of its Special Ad-Hoc Committee on Restructuring of Government Agencies and Commissions is to enhance efficiency of government agencies while meeting current day realities. Chairman of the Special Ad-Hoc Committee, Ibrahim Isiaka, who disclosed this on Tuesday, said the committee has commenced the process of reviewing the recommendations of the Steve Oronsanye Report and other white papers. The lawmaker and members of his committee who spoke in a press conference in Abuja, reassured […]

July 3, 2024 60

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 operators and the general public cautioned against the continued rejection […]

July 3, 2024 25

Featured

SIERRA LEONE INTRODUCES NEW LAW BANNING CHILD MARRIAGE.

Sierra Leone has introduced a new law banning child marriage with much fanfare at a ceremony organized by First Lady Fatima Bio in the capital, Freetown. Invited guests, including first ladies from Cape Verde and Namibia, watched as her husband President Julius Maada Bio signed the Prohibition of Child Marriage Act into law. Anybody now involved in the marriage of a girl aged under the age of 18 will be jailed for at least 15 years or fined around $4,000 […]

July 3, 2024 56

Uncategorized

FIRST LADY, SEN. REMI TINUBU CALLS FOR THE INCLUSION OF MORE WOMEN INTO ARCHITECTURE IN AFRICA

Wife of the President, Senator Oluremi Tinubu, has called for the inclusion and participation of more women in the security architecture of countries across Africa. She reiterated that security is the bedrock for development hence the need to tackle the multi-faceted challenges facing individual countries and the Africa region. Senator Tinubu who spoke in Abuja on Tuesday during the Africa region training conference organized by the International Association of Women Police (IAWP) were she was represented by the wife of […]

July 3, 2024 33

Politics

SOUTH-EAST GOVERNORS VOW TO PUSH FOR THE RELEASE OF THE LEADER OF THE PROSCRIBED INDIGENOUS PEOPLE OF BIAFRA, NNAMDI KANU.

The South-East Governors has resolved to interface with the Federal Government to secure the release of the Leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu. The forum also resolved to visit President Bola Tinubu to discuss pressing issues concerning the South- East region These are contained in a communique issued and signed by the South-East Governors Forum at the end of its meeting in Government House, Enugu. The governors are Alex Otti of Abia, Hope Uzodimma of […]

July 3, 2024 35

Featured

META SET TO PAY CONTENT CREATORS IN NIGERIA AND GHANA WITH AT LEAST 5,000 FOLLOWERS ON FACEBOOK FROM JULY 1, 2024.

Meta has announced that content creators in Nigeria and Ghana with at least 5,000 followers will start earning money on Facebook from July 1, 2024. The company introduced two monetization features: In-Stream Ads on Facebook and Facebook Ads on Reels on Monday. According to a statement from Meta, these features will allow creators to earn revenue by producing original videos and building their communities. Eligible creators in both countries can monetize their video and reel content, with support available in […]

July 2, 2024 443

Featured

US DOLLAR RISES AS INVESTORS WEIGH THE POSSIBILITY OF ANOTHER DONALD TRUMP PRESIDENCY AFTER LAST WEEK’S POOR DEBATE PERFORMANCE BY PRESIDENT JOE BIDEN.

The dollar rose Tuesday and Asia equities were mixed as investors weighed the possibility of another Donald Trump presidency after last week’s poor debate performance by incumbent Joe Biden. Speculation about a second term for the Republican rose on the Supreme Court’s ruling that all former leaders had “absolute immunity” from criminal prosecution for “official acts” taken while in office but could still face criminal penalties for “unofficial acts”. The decision comes as Trump faces criminal charges over his attempts to overturn […]

July 2, 2024 45