President Bola Tinubu says the federal government will provide scholarships up to the university level for all the children, including the unborn, of the Nigerian Army personnel killed in action at Okuama community in Delta State. The President, who announced this at the funeral of the personnel at the National …
Read More »We must treat kidnappers as terrorists – President Tinubu
President Bola Tinubu has condemned the reprehensible acts perpetrated by kidnappers across the country, declaring that individuals involved in such despicable crimes must be treated as terrorists. The President made the declaration on Tuesday at a Ramadan dinner with members of the Federal judiciary led by the Chief Justice of …
Read More »Afreximbank, Cassa Depositi e Prestiti S.p.A sign MoU for €200-million facility to support food security interventions across Africa
CAIRO, Egypt, March 25, 2024 The financing will support the Bank’s interventions in food security and climate smart agriculture. The two also signed an MoU to enhance cooperation between Italian and African companies. Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and …
Read More »I’ll dedicate my birthday to nation building, no celebrations – Tinubu
By Ismail Abdulaziz Abuja, March 24, 2024 President Bola Tinubu has said he would dedicate his 72nd birthday to the task of building a more stable, secure, prosperous and united Nigeria. He also asked friends and associates wishing to celebrate him to donate such monies to charity organisations of their …
Read More »Emulate Otti, obey court judgment stopping pensions to ex-govs, SERAP tells Tinubu
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to emulate the good example of Governor Alex Otti of Abia State by immediately obeying the judgment ordering the Federal Government to recover pensions collected by former governors, and to challenge the legality of states’ pension laws permitting those involved to collect …
Read More »287 abducted Kuriga school children released – Kaduna State Govt
By Mohammed Tijjani Kaduna, March. 24, 2024 The Kaduna State Government (KDSG), has announced the release of the 287 Kuriga School children abducted by bandits on March 7. Gov. Uba Sani made the announcement in a statement issued on Sunday in Kaduna. Sani said, ”Our special appreciation goes to our …
Read More »We will build purpose-driven organization – Dayo Mobereola, NIMASA DG
· Pledges effective communication at all levels The newly appointed Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr. Dayo Mobereola says the Agency’s Management under his leadership will build a purpose driven organisation, while also prioritising effective communication at all levels to enhance innovation, collaboration and …
Read More »Punish Joe Ajaero, other NLC leaders, Labour Party demands in petition to SGF, Ministers, Trade Unions Registrar
Following what it insists is the “criminal breaking and entry” into the premises of the Labour Party (LP) and the vandalisation of its properties in Abuja on Wednesday, the leadership of the party has formally petitioned relevant government institutions requesting urgent intervention to protect the party. The party is also …
Read More »Pig kidney successfully transplanted into 62-year-old in U.S.
New York, March 22, 2024 A pig kidney has been successfully transplanted into a living human, a U.S. hospital announced on Thursday. Massachusetts General Hospital said the genetically-edited pig kidney was transplanted into a 62-year-old man living with end-stage kidney disease. Surgeons from the Mass General Transplant Centre conducted the …
Read More »Transparency, research, innovation driving NNPC Ltd.’s transformation – EVP Gas, Power & New Energy
The Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd (NNPCL), Mr. Olalekan Ogunleye has identified transparency, accountability, research, technology and innovation as key drivers of the ongoing transformation in the company. Ogunleye disclosed this while speaking during a Panel Session hosted by the NNPC Ltd …
Read More »NNPC Ltd will use gas to trigger Nigeria’s industrialisation, economic devt. – EVP Upstream, Eyesan
The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its commitment towards utilizing Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a Panel Session at the ongoing 2024 CERAWeek Conference in Houston, the United States …
Read More »Kyari calls for differentiated energy transition for Africa
…Says FID on Nigeria Morocco Gas Pipeline to be taken in December As global calls for transition to cleaner energy fuels continue to grow, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC) Ltd. Mr. Mele Kyari has advocated for a differentiated approach to attaining energy …
Read More »Zenith Bank appoints Dame (Dr.) Adaora Umeoji as GMD/CEO
Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after …
Read More »Sanwo-Olu, Anyaoku, Adebanjo, others demand new Nigerian Constitution
Lagos State Governor, Mr. Babajide Sanwo-Olu on Monday joined former Secretary-General of the Commonwealth, Chief Emeka Anyaoku; Afenifere chieftain, Pa. Ayo Adebanjo, members of the National Assembly, former governors and eminent national leaders to demand a new Nigerian Constitution that would reflect true federalism and address the problems of the …
Read More »Military releases pictures of killed personnel; Debunks claim of reprisal attacks on Okuama Community
By Sumaila Ogbaje Abuja, March 18, 2024 The Nigerian Military has debunked claims that it has embarked on reprisal attacks on Okuama Community in Delta. Some members of the community had on Thursday ambushed and murdered the Commanding Officer of 181 Army Amphibious Battalion, two Majors, one Captain and 12 …
Read More »Army accuses Okuama community of resorting to media propaganda; Assures, no reprisal
By Sumaila Ogbaje Abuja, March 18, 2024 The Nigerian Army has accused Okuama Community in Delta of “resorting to media propaganda and shenanigans to divert attention from the gruesome killing of 16 officers and soldiers”. This is contained in a statement by the Director, Army Public Relations, Maj.-Gen. Onyema Nwachukwu, …
Read More »Fish out killers of your officers and men in Delta, Tinubu orders Defence Hqtrs
By Ismail Abdulaziz Abuja, March 16, 2024 President Bola Tinubu has authorised the military high command to fish out those who killed military officers and men in Delta. The President in a statement, joined Nigerians and the armed forces to mourn the needless deaths of the gallant soldiers. “The Defence …
Read More »Budget padding: Refer allegations to EFCC, ICPC; Reinstate whistleblower Ningi, SERAP tells Akpabio
Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Mr. Godswill Akpabio to “urgently refer the allegations that lawmakers padded the 2024 budget by irregularly inserting projects worth N3.7 trillion to appropriate anti-corruption agencies for investigation and prosecution.” SERAP urged him “to immediately reinstate whistleblower, Senator Abdul Ningi …
Read More »Fear of reprisal grips Delta community following killing of military personnel
There is fear, anxiety and palpable tension in Okuama community in Bomadi Local Government Area of Delta State following the attack by youths of the community on troops of the 181 Amphibious Battalion, in Bomadi Local Government Area that resulted in the killing of the Commanding officer, two Majors, one Captain and …
Read More »Nigeria’s DMO says reports of appointment of Transaction Advisers for Eurobond issue inaccurate
Nigeria’s Debt Management Office (DMO) has reacted to reports that the country has hired a firm, Chapel Hill Denham Group, founded by Chief Wale Edu, its Minister of Finance and Coordinating Minister of the Economy, to serve as one of the advisers for an Eurobond issue expected to take place before June …
Read More »Internet disruption sweeps across African nations
A widespread internet outage has gripped several countries across Africa, causing major disruptions to online services and communication for millions of users. Reports of extensive outages emerged on Thursday, affecting nations including South Africa, Nigeria, Ivory Coast, Liberia, Benin, Ghana, and Burkina Faso. While services have since been largely restored …
Read More »How NASS allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget
The last may just not have been heard about the alleged padding of this year’s budget by the 10th National Assembly, NASS. In the wake of the allegation by now suspended Senator Abdul Ningi (Bauchi Central) of his colleague lawmakers ‘fraudulently jerking up’ the 2024 budget, Economic Confidential gathered that …
Read More »Nigeria opens land, air borders with Niger Republic; Lifts other sanctions
President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against the country with immediate effect. This directive, according to a statement by Chief Ajuri Ngelale, Special Adviser to the President (Media & Publicity), “is in …
Read More »WTO’s $1.2m programme ‘ll tackle Nigeria’s agricultural export challenges – Okonjo-Iweala
By Lucy Ogalue Abuja, March 13, 2024 The World Trade Organisation (WTO) has inaugurated a 1.2 million dollars programme to improve export standard of Nigeria’s sesame and cowpea products. The WTO Director-General, Dr Ngozi Okonjo-Iweala, said this at the inauguration of the Seven Trade support programmes for Nigeria initiated by …
Read More »Tinubu appoints Mobereola new NIMASA DG
By Ismail Abdulaziz Abuja, March 12, 2024 President Bola Tinubu has approved the appointment of Dr Dayo Mobereola as the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for a renewable term of four years. The appointment follows the exit of Mr. Bashir Jamoh, whose tenure recently expired. …
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