Dangote Refinery Nears Operation With Additional Million Barrels Of Crude1

Dangote Refinery Nears Operation with Additional Million Barrels of Crude

Dangote Refinery is edging closer to initiating the production of refined petroleum products, having recently received an additional one million barrels of bonny light crude from the Nigeria National Petroleum Corporation (NNPC). This delivery, sourced from the Shell terminal via the MT Otis owned by Trafigural, is the second of six million barrels expected by …

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Kwara State Sanctions N17.8 Billion For Kwara Hotel Revamp Amidst Criticism1

Kwara State Sanctions N17.8 Billion for Kwara Hotel Revamp Amidst Criticism

Following public criticism over its neglect, the Kwara State Government has sanctioned an N17.8 billion rehabilitation project for the Kwara Hotel. This initiative aims to elevate the facility to a five-star hospitality standard within a 24-month. The contract has been awarded to Craneburg Construction Company Limited, marking a significant transformation since the hotel’s inception under …

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Dozy Mmobuosi Of Tingo Refutes U.s. Sec Fraud Allegations1

Dozy Mmobuosi of Tingo Refutes U.S. SEC Fraud Allegations

Dozy Mmobuosi, the founder of Tingo, has firmly denied the fraud allegations brought against him and his companies by the United States Securities and Exchange Commission (SEC). In a statement released on Friday, Mmobuosi labelled the accusations as unfounded and without merit. He intended to avoid public commentary on the matter, citing its current status …

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Bvn Registrations Approach 60 Million As Cbn Deadline Looms

BVN Registrations Approach 60 Million as CBN Deadline Looms

The Bank Verification Number (BVN) enrollment in Nigeria is nearing a significant milestone, with the latest data from the Nigeria Inter-Bank Settlement System (NIBSS) indicating that registrations have reached 59.9 million. This enrollment surge comes as the Central Bank of Nigeria’s (CBN) deadline of December 18, 2023, for BVN registration draws closer. In September, NIBSS …

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Peter Obi Commends Fgs Fare Reduction Initiative Concerned Over Non Compliance

Peter Obi Commends FG’s Fare Reduction Initiative, Concerned Over Non-Compliance

Labour Party presidential candidate Peter Obi has lauded the Federal Government’s decision to partner with significant transport companies to subsidise interstate fares by 50% during the Yuletide season. This announcement, made on Wednesday, aims to ease transportation costs for Nigerians travelling during the festive period. The Minister of Solid Minerals Development, Mr Dele Alake, who …

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Benue Lawmakers Criticise Governors Indifference Seek Tinubus Intervention

Benue Lawmakers Criticise Governor’s Indifference, Seek Tinubu’s Intervention

In a significant development in Benue State, federal lawmakers elected under the All Progressives Congress (APC) have openly criticised the state governor, Hyacinth Alia, for his alleged indifference towards their welfare and status. This criticism came to light during a press conference in Abuja following their end-of-year retreat at the National Assembly Complex on Thursday. …

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Historic Bill For South East Development Commission Passed By Reps

Historic Bill for South East Development Commission Passed by Reps

The House of Representatives has marked a historic moment by passing the long-awaited South East Development Commission (SEDC) bill 53 years after the devastating Nigerian civil war. Benjamin Kalu, the deputy speaker of the House of Representatives, announced this significant step. Once operational, the SEDC will be crucial in managing funds from the federation account. …

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Tragic Night In Kwara Doctor Slain Daughter Kidnapped By Gunmen

Tragic Night in Kwara: Doctor Slain, Daughter Kidnapped by Gunmen

In a harrowing incident in Kwara State, Dr. David Adefikayo, the Medical Director of Dafikayo Clinic, was brutally murdered at his residence in the Kanbi area, Moro Local Government Area. The attack occurred on Thursday evening, leaving the community in shock. According to reports, the assailants believed to be assassins, forcefully entered Dr. Adefikayo’s home …

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Frances New Law Limits Family Immigration For Nigerian Students

France’s New Law Limits Family Immigration for Nigerian Students

In a significant move, the French parliament has recently enacted a law that restricts Nigerian students, among others, from bringing their family members into the country. This development, reported by the BBC, received support from President Emmanuel Macron’s Renaissance Party and Marine Le Pen’s National Rally, a far-right group. Initially, a draft of this law …

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Self Employment Dominates Nigerias Workforce At 88 Nbs Reports1

Self-Employment Dominates Nigeria’s Workforce at 88%, NBS Reports

As of the second quarter of 2023, the National Bureau of Statistics (NBS) revealed that 88% of Nigeria’s workforce is self-employed, leaving only 12% in wage employment. This data was detailed in the ‘Nigeria Labour Force Statistics Report Q2 2023’, released by the NBS. The unemployment rate in the country marginally increased to 4.2% in …

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