The Executive Vice President, Gas, Power and New Energy of the Nigerian National Petroleum Company Ltd, Mr. Olalekan Ogunleye, emphasised the importance of transparency, accountability, research, technology, and innovation as key drivers of the ongoing transformation within the company. Ogunleye made these remarks during a Panel Session hosted by NNPC Ltd at the 2024…
The Defence Headquarters (DHQ) says it is intensifying efforts to track down the prime suspect Endurance Okodeh, alias Amangben, and others involved in the killings of 17 soldiers and civilians at Okuama, Ughelli South Local Government Area of Delta State. The command also noted that the manhunt will continue until all stolen weapons are recovered…
The Renaissance Assembly, a group based in Delta State, has called on the Chief of Army Staff, Lt General Taoheed Lagbaja, to intensify the search for Endurance Okodeh, also known as Amangbein, the prime suspect in the murder of four army officers and twelve soldiers in Okuama town. In an open letter to the military…
President Bola Tinubu has banned ministers, heads of agencies, and other government officials from embarking on public funded foreign trips. The ban will last for three months in the first instance and will take effect on April 1, 2024. This was contained in a letter dated March 12, 2024, and signed by the Chief of…
The ongoing warning strike embarked on by the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union (NASU) may have taken its first casualties as students of the Bayero University, Kano (BUK), were prevented from writing their exams because the school main gate was shut down. The student and other staff from…
The Federal Ministry of Transportation has announced the development of the first-ever National Land Transport Policy (NLTP). Speaking at a stakeholders’ validation forum held on Wednesday, the Minister of Transportation, Said Alkali, emphasized the transformative potential of the NLTP for the land transport sub-sector, which he identified as the weakest link in the nation’s transportation…
The Central Bank of Nigeria (CBN) on Wednesday, announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the CBN Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion in claims. This was disclosed by the Bank’s Acting Director, Corporate Communications, Mrs. Hakama Sidi Ali, in…
Access Bank will acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited in 2019, this is the Nigerian lender’s second acquisition in Kenya. Access Holdings’ Secretary, Sunday Ekwochi, announced in a statement filed on the Nigerian Exchange Limited…
Following the news of next Monetary Policy (MPC) meeting, Central Bank of Nigeria (CBN) and after increasing Monetary Policy Rate (MPR) by 22.7%, Naira appreciates to 1400 per Dollar against the United States of America (USA) in the Parallel market This was confirmed by Nairametrics earlier this evening that checks has been gaining substantially as…
The Senate has passed the Student Loans Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024. The passage followed the consideration of a report of the Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFUND), presented by the Chairman representing Katsina South, Sen. Mohammed Muntari. This is as the bill, last week,…
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