The Chief Executive Officer (CEO) of the First Bank Holding of Nigeria (FBHN), Dr Adesola Adeduntan, says the bank’s growth rate in the first half of 2023 can be attributed to the support from its customers. Adeduntan said this during the bank’s Corporate Customer Engagement Forum on...
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The Transmission Company of Nigeria (TCN) has commenced work to restore power to Birnin Kebbi and Sokoto following a fire outbreak that gutted two transformers on Thursday night. The News Agency of Nigeria (NAN) reports that one 90MVA (330KV/132KV) and 60MVA (132KV/33KV) transformers damaged as a result of the...
By CALLISTUS OFFOR, Abuja – The Michael Imoudu National Institute of Labour Studies (MINILS) has decorated the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, with the award of Fellowship of the Nigeria Institute of Labour (NIL) under the Federal Ministry of Labour and Employment. ...
The Minister of Transport, Sen. Ahmed Alkali, has expressed satisfaction with the level of ongoing construction of the $2 billion Kano-Maradi, Niger Republic, standard gauge rail project. The News Agency of Nigeria (NAN) reports that Alkali spoke to newsmen at Dadin Kowa in Kazaure Local Government Area of Jigawa...
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, on Friday presented 10 vehicles to 3rd Class Chiefs in the federal capital and promised improved welfare for traditional leaders. The News Agency of Nigeria (NAN) reports that the 3rd Class chiefs were from Gomani, Yaba, Bwari, Pai,...
By DAVID IORJA, Abuja – President Bola Tinubu has approved the nomination of Dr Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five years at the first instance. The Special Adviser to the President on...
By BARBARA KALU, Port-Harcourt – The Niger Delta Development Commission, NDDC, has pledged to collaborate with the Oil and Gas Free Trade Zone Authority, OGFTZA, on the development of Industrial Parks in the Niger Delta region. The NDDC Managing Director, Dr Samuel Ogbuku, made the commitment...
By BARBARA KALU, Port-Harcourt – The Niger Delta Development Commission (NDDC), has pledged to support young entrepreneurs in the Niger Delta region through targeted skill development initiatives to promote sustainable development. Speaking during a courtesy visit by a delegation from the Coalition of South-South Chambers of Commerce,...
Team Nigeria on Friday won three gold medals on the last day of the Paris 2024 Olympics Africa Boxing qualifiers in Dakar, Senegal. The News Agency of Nigeria (NAN) reports that Team Nigeria had nine boxers – six females and three males – and two coaches. The...
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 25.80 per cent in August 2023. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for August, which was released in Abuja on Friday. According to the report, the figure,...
Former President Olusegun Obasanjo on Friday charged leaders at all levels to embrace democracy that promoted prosperity, poverty eradication, employment and adequate security for the betterment of Nigeria. Obasanjo gave the charge in Oyo Town during the inauguration of the rehabilitated 34.8 kilometers Oyo-Iseyin Road project. According...
The National Agency for Food and Drug Administration and Control (NAFDAC) on Friday said it has arrested a syndicate who specialises in importing banned crusader soaps containing mercury into the country. Director-General, NAFDAC, Prof. Mojisola Adeyeye, who disclosed this to newsmen in Lagos said that the syndicate used...
By PATRICK ABANG, Calabar – The National Directorate of Employment (NDE) has flagged off a 3-day training of 50 unemployed youths in its Small Stock (Goat) Production Training Scheme (SSGPTS) in Calabar Cross River State. In his keynote address at the orientation exercise, the Director General of the NDE...
The Court of Appeal sitting in Abuja, on Friday, upheld the election of Rep Jafaru Leko as member representing Bogoro/Dass/Tafawa Balewa Federal Constituency of Bauchi State in the House of Representatives. The three-member panel, presided by Justice Lawal Shuaibu, dismissed the appeal filed by Kefas Magaji of the...
Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars ) in the first quarter of 2023 to N87.38 trillion (113.42 billion dollars ) in the second quarter of 2023. The National Bureau of Statistics (NBS) said this on Friday in its Nigerian Domestic and Foreign Debt...
A teenager, Miss Oluwabukolami Adeyemi, the recipient of the British Council Outstanding Cambridge Learner’s Award for 2022 has finally left the country for United Kingdom for her studies. This was made possible when Kogi Governor, Alh. Yahaya Bello, fulfilled his scholarship promise to the girl, a statement in...
By ORKULA SHAAGEE, Abuja – No fewer than 800 farmers in Igboeze-South State Constituency have been trained on how to produce different organic fertilizers and pesticides they will use in their farms. In a remark on Thursday in Nsukka during the one day training at St Mary’s...
The Federal Road Safety Corps (FRSC), Anambra Sector Command, says five women died when a container fell on a commercial bus at Odumodu Junction on Nteje-Awka . The state Sector Commander, Mr Adeoye Irelewuyi, confirmed the incident to newsmen in Awka on Friday. He said that the container fell...
Nobel Prize winners will receive one million Swedish kronor more in prize money this year, bringing the total to 11 million kroner (985,000 dollars), the Nobel Foundation has said. The extra cash is not as valuable as it might have been in the past, as the Swedish kronor...