The Chairman of Geometric Power Group, Professor Barth Nnaji, has thrown more light into the siting of the Geometric Power Plant in Aba, Abia state, South East, Nigeria. The former power minister Nnaji said it was his ambition to accelerate development in Aba that drove his commitment. He added he had a shared passion to…
Jumoke Olasunkanmi The Executive Director of the Dangote Group of Companies, Hajiya Fatima Aliko Dangote, has frowned at insinuations and statements linking the current hardship being faced by Nigerians and which is caused by hike in prices of food items to Dangote companies. The spiraling increase in the price of food items, household equipment and…
Juliet Jacob A report from the United States agency stated that the helicopter carrying the late CEO of Access Bank, Herbert Wigwe, wife and son was observed as a ‘fireball’ before crashing. The crash site was found by law enforcement at 2346. According to the NTSB, the wreckage was found in mountainous desert terrain, with…
Juliet Jacob The Cross River State government has cautioned its citizens over a potential viral haemorrhagic fever outbreak in old Ndebeji in the Akamkpa Local Government Area of the State. The state Health Commissioner, Dr Henry Ayuk, gave the warning in Calabar, on Saturday. noting that a suspected initial case is under investigation in strict…
The National Bureau of Statistics (NBS) has released a report indicating that Kogi, Kwara, and Rivers states have the highest inflation rates in the country. According to the NBS report, Kogi State leads the chart with an inflation rate of 44.18 percent, followed closely by Kwara at 40.87 percent and Rivers at 40.08 percent. These…
The Economic Community of West African States (ECOWAS) on Saturday recanted on economic sanctions imposed on Niger, Mali and Burkina Faso, lifted the suspensions on these countries with immediate effect. This followed hours-long deliberations by the ECOWAS Authority of Heads of State and Government at an extraordinary summit on the political, peace, and security situation…
Jumoke Olasunkanmi Director General and CEO of the National Identity Management Commission (NIMC), Engr. Abisoye Coker-Odusote, has urged the Commission’s Front End Enrolment Partners (FEPs) to ensure inclusivity in the National Identity Number (NIN) registration process while adhering to data protection regulations. During the Commission’s Retreat themed “NIMC’s 5-point Agenda on Strategy Development and Implementation,”…
Ogbodo Favour The Independent National Electoral Commission (INEC) has stated that its internal server errors is the chief reason the Commission’s public viewing portal failed to release the 2023 presidential poll result. Nigerians condemned the elections making it controversial. While INEC was yet to formally make public its report on the election, many Nigerian elections…
The Central Bank of Nigeria CBN, yesterday announced it has pegged the duty rates to be paid by importers to the Nigerian Customs Services during goods clearance. The CBN stated this in a circular signed by its Director of Trade and Exchange Department, Hassan Mahmud, and posted on its website on Friday. The circular read,…
Editor Amid the consistent crashing of the Naira against the US Dollar in the parallel market, the Central Bank of Nigeria (CBN) on Friday rolled out stringent measures aimed at curtailing the free fall of the naira. In the new guideline, the apex bank disclosed the share capital of Bureau De Change operators would likely…
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