FG, States, LGAs get N1.8trn FAAC share for December FG — The three tiers of the government have shared N1.783 trillion from November 2023 revenue accrued to the Federation Account. A communique issued by the Federation Account Allocation Committee, FAAC, at its December 2023 meeting, noated that ₦1.783 trillion distributable among the Federal Government, States…
Police arrest Kano, Anambra child selling syndicate At least nine suspects are in the custody of Kano State Police Command for the offence inter-state human trafficking especially minors from the North to Eastern parts of the country. According a disclosure by the police, the suspects were arrested thanks to several intelligence-led operations, “through which the…
Ondo Governor Rotimi Akeredolu is dead Ondo State Governor, Rotimi Akeredolu, has been reported dead. The 67 years old governor who has been ill for a long time returned to Nigeria in September following a three-month medical leave in Germany. READ ALSO: Ghali Umar Na’Abba, Ex-Speaker House of Rep., is dead He recently proceeded on…
Court vacates order against Brentex Petroleum Services, China PPE A High Court sitting in Federal Capital, FCT, Abuja has vacated an order of mareva injunction obtained against Brentex Petroleum Services Limited and China Petroleum Pipeline Engineering Co. Ltd. ( Brentex CPP) by Bablink Resources Nigeria Limited. The Court Presided over by Justice A. O. Musa…
Port Harcourt Refinery –The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). READ ALSO: NNPC adopts methane detection ICT to fight climate change According to the National oil company, the rehabilitation work has been…
JAMB denies increasing UTME fee despite inflation JAMB — The Joint Admissions and Matriculation Board, JAMB, has distanced itself from the rumour doing round the media that it will increase the registration fee for Unified Tertiary Matriculation Examination, UTME, for 2024. READ ALSO: JAMB increases 2024 UTME registration fees/ announces date for exams According to…
NNPC — The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding with TotalEnergies for the adoption and deployment of a methane detection information and communications technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream operations. The national oil giant made the disclosure on Tuesday in…
BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day mini LNG project in Nigeria. At a signing ceremony on Monday, the Chairman of BUA Group, Abdul Samad Rabiu, said…
Court orders freez of Oyo govt’s accounts over N3.5bn debt The Federal High Court sitting in Abuja has ordered banks to freez Oyo State’s accounts for failure to settle N3.5 billion judgement debt in full since 2019. The order given by Justice A. O. Ebong was based on a garnishee proceeding initiated by ex-council chiefs…
Barbara Bako, Abuja CBN–The Central Bank of Nigeria, CBN, has reassured members of the public that it is addressing the reported cases of cash scarcity in some major cities across the country. It attributed the current situation to the hoarding of the Naira by some persons due to challenges experienced during the Naira redesign project….
