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CBN clarifies position on monetary policy for fiscal years 2024 – 2025
Central Bank of Nigeria (CBN) has reacted to misinterpretation or misrepresentation of its biennial publication on Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines published on September 17, 2024, saying the guidelines must primarily be viewed as a record of policies, circulars and directives issued by the bank up to…
Read More »I’m not in office for personal gain, Tinubu tells ex-NASS presiding officers
President Bola Tinubu has assured Nigerians that his administration is focused on delivering tangible results and making a positive difference in the nation’s infrastructure, food and energy security, education and long-term economic stability. At a meeting with the Forum of Former Presiding Officers of the National Assembly, led by former…
Read More »Edo election: Heavy presence of security personnel worries residents
Some residents of Benin City, Edo, have expressed worry over the heavy presence of security personnel particularly in the state capital, ahead of the Saturday governorship election. The News Agency of Nigeria (NAN) correspondent who went round town on Friday to feel the pulse among Benin residents reports that most…
Read More »Lagdo Dam: FG To Build Five Buffer Dams To Prevent Flooding
The Federal Government, through the Nigeria Hydrological Services Agency (NIHSA), has proposed to build five buffer dams to contain incessant floodings which often arise from the release of water from the Lagdo Dam in Cameroon. NIHSA Director-General, Umar Mohammed, made this known when he featured on Channels Television’s The Morning…
Read More »FG, NIMASA Committed to Promoting Industry Partnerships – Oyetola
The Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, CON, has stated that the Ministry, in collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA), is fully committed to promoting partnerships with industry players, driving innovation, and championing sustainability. Oyetola made this statement during his opening address at…
Read More »NECO releases 2024 SSCE results, 60.55% pass English, Maths
The National Examinations Council (NECO), has released the results of the June/July 2024 Senior School Certificate Examination (SSCE) , with 60.55 percent of candidates securing five credits and above in English Language and Mathematics. Registrar/CEO of NECO, Professor Dantani Ibrahim Wushishi, who made this known on Thursday in Minna, while…
Read More »FAAC: FG, States, LGs Share N1.2trn August, 2024 Revenue
By Abiodun Folarin, Abuja A total sum of N 1.203 trillion August 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue distribution was announced at the September 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja.…
Read More »NNPC Ltd Condoles Borno Govt, Donates Relief Items to Flood Victims
The NNPC Ltd, through its Corporate Social Responsibility (CSR) arm, NNPC Foundation, has donated relief items to the recent flood victims in Borno State. During a condolence visit paid to the Borno State Government on Tuesday, the Group Chief Executive Officer, Mr. Mele Kyari, represented by the Executive Vice President,…
Read More »NNPC Ltd/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off
The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural US-Nigeria Strategic Energy Dialogue, hosted by the U.S. State…
Read More »Tinubu in Borno, says FG will create disaster relief fund
President Bola Tinubu on Monday said the Federal Government would create a disaster relief fund to assist Nigerian citizens impacted by floods and other disasters. The President made the announcement when he visited Borno to sympathise with the government and people over the flooding in some parts of the state…
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