Heirs Holdings (HH) the leading African strategic investor, in partnership with Transnational Corporation of Nigeria Plc (Transcorp), has unconditional acquired a 45 per cent participating interest in Nigerian oil licence OML 17 and other related assets. The company said the acquisition was made through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp) from the Shell Read More
The Central Bank of Nigeria (CBN), says Nigerian households will most likely have improved access to credit beginning from the first quarter of 2021. According to the Credit Condition Survey Report, released by the Statistics Department of the apex bank, the increase already occurred in the last quarter of 2020. It stated that changing economic outlook and increased market share Read More
The National Youth Council of Nigeria (NYCN) has urged state governments to emulate the federal government efforts towards supporting youth investment programmes as a strategy towards developing the nation’s economy. The NYCN in a Christmas message signed by its President, Solomon Adodo, also commended the Benue state governor, Samuel Ortom, Kogi state Governor, Yahaya Bello, and the their Lagos state Read More
The coronavirus pandemic has demonstrated its potent ability to afflict and paralyze social and economic systems with no regard for techno-economic status.Frankly, social distancing, the use of face masks, hand washing and hand sanitizers are effective but temporary measures that can contain and curtail the spread of Covid-19. The development and widespread distribution of vaccines, however, remains the most reliable Read More
Nigeria has announced it has officially slipped into another recession, but, be that as it may, exploring the livestock sector economic potential can turn things around, JOHN OBA reports. The National Bureau of Statistics (NBS), in its third quarter GDP report, released Saturday, the economy contracted by -2.48 per cent, an indication that the country has recorded two consecutive quarters Read More
Speaker of the House of Representatives, Femi Gbajabiamila, has disclosed that a special trust fund to cater for education needs of children of the newspaper vendor, Ifeanyi Okereke, killed by a security aide attached to hm would be in place soon. The vendor was reportedly shot dead by a personnel of the Department of State Services (DSS) attached to the Read More
The Industrial Training Fund (ITF) has urged all liable contributing registered employers of labour that are up to date in their training contribution to supposed to claim their reimbursement under the Reimbursement Scheme.The Director General of the Fund, Sir Joseph Ari, who stated this on Wednesday at an Interactive Forum with ITF Stakeholders organised by the ITF Kaduna Area Office, Read More
The Nigerian National Petroleum Corporation was the centre of attraction at the Nigerian Society of Engineers’ (NSE) fellowship award ceremony with the Corporation bagging a Special Recognition Award and seven of its staff, including the Chief Operating Officer, Upstream, Engr. Adokiye Tombomieye, conferred with the prestigious Fellowship award. The Special Recognition Award was given to the Corporation for its robust Read More
…As Health Minister charges Development partners to join FG in its quest The World Health Organization (WHO) has reiterated the need for countries of the world to collectively fight Cervical Cancer, saying it can be eliminated in this generation. WHO representative, Dr. Walter Mulombo gave the assurance on Tuesday at a lighting event organized by the National Primary Health Care Read More
The Ondo state governor, Arakunrin Oluwarotimi Odunayo Akeredolu (SAN), has said that the task of nation-building is a collective responsibility of both the leaders and the people. Arakunrin Akeredolu stated this Tuesday at NYSC Permanent Orientation Camp, Ikare Akoko, during the official opening/swearing in ceremony for the 2020 Batch ‘B’ (Stream 1A) corps members deployed to Ondo state and their Read More
It is uneasy calm in the Ekiti sports community as the state’s Sports Commissioner, Michael Awopetu, Tuesday ordered the lockdown of Oluyemi Kayode stadium, Ado-Ekiti with armed policemen barricading the sports complex which equally houses offices of Ekiti State Sports Council. The development which occurred as a result of purported athletes protest scheduled to hold at the stadium.Investigations revealed that Read More
As the clock continue to tick towards next year, Tokyo Olympics , a sports stakeholder , Alhaji Ahmed Gara Gombe has raised alarm that disastrous outing await Team Nigeria at the global sporting fiesta which was postponed till next year due to the Covid-19 pandemic. The world’s biggest sporting spectacle was originally scheduled to hold in July 2020, the Games Read More
Members of the African Iron and Steel Association have called on the federal government of Nigeria, to expedite action on completion of the multi dollars Iron and Steel rolling mill in Ajaokuta, Kogi state. The Deputy Secretary General of the Association , Dr Solomon Femi Adeyemo, made the call on Saturday in Abuja at the sideline of Letter of Credence Read More
Plans by the federal government to sell off three power plants for a total sum of N434 billion and concession four stadia for N100 million in 2021, have been disclosed to the Senate.Also planned for concession as stated in a document submitted to the Senate Committee on Privatization and sighted by our reporter are the National Art Theatre, Tafawa Balewa Read More
A House of Representatives member representing Kauru Federal Constituency, Hon. Mukhtar Chawai, has trained 70 women and youth on irrigation farming, while providing them with pumping machines and N15,000 as starters’ pack. According to the lawmaker, the intervention on dry season farming in collaboration with National Biosafety Management Agency was aimed at creating job opportunities for women to enable Read More
President Muhammadu Buhari has condoled with the government and people of Ghana over passing away of the country’s former President, Jerry Rawlings, 73. In a condolence message, the president said the entire African continent would sorely miss the sterling qualities of the great leader. He said the passion, discipline and moral strength that the former Ghanaian leader employed to reposition Read More
Results of the COVID-19 tests for officials and players of Nasarawa United Football Club have been released on Thursday. According to the Senior Special Assistant to Governor Abdullahi Sule on Health Matters, who supervised the process yesterday at the Nasarawa State Centre for Infectious Disease and Research Centre, Lafia, Princess Margaret Elayo, all the results returned negative. Nasarawa United officials Read More
Governor Abdullahi Sule of Nasarawa state, Wednesday, presented a N20.2 billion 2020 supplementary budget to the state House of Assembly for consideration and approval. Speaker of the House Ibrahim Balarabe Abdullahi made this known when Hon. Tanko Tunga, the majority leader of the house presented the supplementary appropriation bill on behalf of the governor during the house proceedings in Lafia.He assured the Read More
President Muhammadu Buhari has welcomed the arrival of the first effective coronavirus vaccine after a successful human trial phase.Reacting to the news that the vaccine has recorded 90 percent effectiveness against the disease, the president described the development as a major milestone in medical advance. He said the world must unite in facilitating the equitable access and distribution of these Read More
If not because of the dogged determination and perseverance by the Academic Staff Union of Universities (ASUU) in defence of education over the years, public universities in the country would have since been in dilapidated condition with poor infrastructure, and poor remuneration of staff. Moreso, universities would have been stocked with unqualified teachers, just like in primary and secondary schools Read More
The chairman, Board of Directors of Kaduna Electricity Distribution Company, Yusuf Hamisu Abubakar, has charged sons and daughters of of Zazzau Emirate to rally round the new emir, Ambassador Ahmad Nuhu Bamalli, for the rapid progress, advancement and development of Zazzau Emirate in particular and Kaduna state in general. In a press statement he personally signed and made available to Read More
09029880064, [email protected] Palliative – this ten-letter word has taken over our national discourse displacing #EndSARS. Considering how the #EndSARS protests threatened the very fabric of our existence, no one will think anything will supplant it with such ease and in such record time. However, it has turned out to be a welcome development for the authorities. But what is it about Read More
The President of Nigerian Youth Congress, Blessing Akinlosotu, has condemned the looting of the Presidential Youth Empowerment Scheme Programme (P- YES’) equipment at Trademore estate area, Lugbe-Airport road, Abuja. Akinlosotu in a statement he issued in Abuja, Thursday, expressed disappointment with the development, and described it as a wicked and disgraceful act. He said the development was capable of breaching the Read More
A library staff with the Ahmadu Bello University, Zaria, three women and 13 other male adults were Tuesday night reportedly kidnapped by gunmen at a Mosque at Gwargwada-Sabo community in Gadabuke development area of Nasarawa state. The 17 people were said to have been kidnapped when Muslims of the community were observing Isha’i prayers. “The gunmen actually took positions and started shooting Read More
Minister of State for Budget and National Planning Clement Agba has disclosed that Nigeria received $26.942 billion development assistance funds from international donors between 2015 and 2020. The disclosed this when he appeared before the House of Representatives Committee on Civil Society Organisations and Development Partners on Donor Funds Receipts, Transfers and Disbursement to Government Agencies, Civil Society and Read More
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