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*Mobilises N50m Ransom For Father Of Abuja Kidnapped Girls Former Minister of Communications, Prof. Isa Pantami, has expressed frustration over the lack of utilization of the National Identification Number (NIN) and SIM synchronization policy, despite risks to his life. In a social media post on Sunday, Pantami revealed facing death threats from criminals for championing […]

Seme Customs Seeks Stakeholders’ Cooperation to Meet 2024 Revenue Target The Seme Area Command of Nigeria Customs Service (NCS) on Friday evening urged the stakeholders in Badagry division of Lagos State  to support the command in achieving its 2024 revenue target. Comptroller Timi Bomodi, the Controller of the command ,made the appeal during the End […]

We’ll Prioritise Four NPA Mandates, Says Rivers Port Manager The new Manager, Nigerian Port Authority (NPA), Rivers Port, Mrs Kenechi Okezie, has said that the agency under her watch will prioritise four key areas of its mandates in order to boost the country’s economy. Okezie said this at a brief ceremony organised by the Port […]

FG Expresses Commitment to Reposition Minerals, Metals Sector for Development The Federal Government has expressed the commitment to reposition minerals and metals sector to enhance socio-economy development in the country. A statement by Mr Alaba Balogun, Deputy Director, Information and Public Relations, Ministry of Solid Mineral Development, on Friday in Abuja, said the move would […]

Gambia Gets $100m from IMF The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the Extended Credit Facility (ECF), in the amount of SDR 74.64 million which is about US$100 million, and concluded the 2023 Article IV consultation with The Gambia. The Executive Board’s decision enables an immediate disbursement […]

Tinubu Appoints Ali Nuhu, 10 Others to Head FG Agencies President Bola Tinubu has appointed acclaimed Nollywood actor, Ali Nuhu, and 10 others as new heads of agencies under the Federal Ministry of Art, Culture, and Creative Economy. This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media […]

Crude Repayment Loan: Afreximbank releases $2.25bn from NNPC’s $3.3bn The African Export-Import Bank (Afreximbank) has confirmed an initial $2.25 billion disbursement under a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPC).  According to Afreximbank, the financing agreement not only represents Nigeria’s largest syndicated loan ever raised in […]Read More

Tinubu Suspends National Social Investment Programmes President Bola Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). Mr Segun Imohiosen Director Information, office of the Secretary to the Government of the Federation (SGF) made this known in a statement on Friday in Abuja. According to him, the action is further […]

NGX Extends Gain, Index Rises Further by 0.54% Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 per cent. Specifically, the All-Share Index improved further by 445.56 points points or 0.54 per cent to close at 83,042.96, against 82,597.40 achieved on Thursday. Also, the market […]Read More

FirstBank Boss Urges Businesses to Embrace Change Dr Adesola Adeduntan, Chief Executive Officer (CEO) of Firstbank Nigeria Ltd., says there is need for businesses to actively adjust their strategies in response to shifting government policies in 2024. Adeduntan gave the advice at a summit organised by the FirstBank of Nigeria, with the theme; “Nigeria Economic […]

Tinubu Appoints Board Members for Gas Infrastructure Fund President Bola Tinubu has approved the appointment of the board members of the Midstream and Downstream Gas Infrastructure Fund (MDGIF). Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, disclosed this in a statement on Friday in Abuja. He said that the MDGIF would […]

The Nigerian Correctional Service said ex-inmates were reformed during their stay in custodial centres, hence the need for Nigerians not to discriminate against them. The spokesperson for NCoS, Abubakar Umar, made this known to our correspondent on Friday. Umar, who noted that the ex-inmates were reformed through various skills acquisition and training while at the […]