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President Bola Tinubu has directed the Director-General/CEO of the National Identity Management Commission, NIMC, Engr. Aliyu Abubakar Aziz to commence on 90-day pre-retirement leave with effect from August 24, 2023, leading to his eventual retirement from service on November 24, 2023. The President has also approved the appointment of Engr. Bisoye Coker-Odusote to serve as…
Fuel pump prices in Nigeria could see a reduction if global crude prices keep tumbling. This week, global crude prices have seen a reduction as the market reacts to weakening economic data out of China. It has been said that when global crude oil prices rise, fuel pump prices in Nigeria will rise as well….
More than 160 cargo ships and counting are stalled at the Panama Canal as the route’s water supply is throttled by the worst drought in more than 70 years. The disruption could reportedly drive up prices of imported commodities (including groceries) for weeks, and possibly longer if Panama continues to struggle with water supply. The Panama Canal…
Nasir el-Rufai, former governor of Kaduna, has cautioned the Economic Community of West African States ,ECOWAS against military intervention in Niger Republic. President Bola Tinubu, chairperson of ECOWAS, said the bloc had resolved to use force as a last option if the coup leaders in Niger do not relinquish power to ousted President Mohamed Bazoum….
The Nigeria Sovereign Investment Authority ,NSIA has declared an investment of over $500 million in domestic infrastructure and an additional $1 billion in third-party investments. The disclosure was made by Mr. Aminu Sadiq, the Managing Director of NSIA, during an investigative hearing conducted by an ad hoc committee of the House of Representatives examining the…
In a significant move, the United Nations Children’s Agency, UNICEF, has unveiled plans to allocate a substantial sum of $270 million to reinforce Nigeria’s endeavors in humanitarian aid and poverty reduction. The commitment comes alongside the announcement of setting up an emergency operation center to manage crises effectively. During a meeting held in Abuja, UNICEF…
The Independent Petroleum Marketers Association of Nigeria ,IPMAN has urged the Federal Government to leverage homegrown technology to address the refining challenges in Nigeria’s petroleum industry. In an interview with NAN on Tuesday, Mr. Chinedu Anyaso, the Chairman of IPMAN’s Enugu Depot Community overseeing Anambra, Ebonyi, and Enugu States, expressed his commendation for President Bola…
Major and independent petroleum product marketers in Lagos State have shut down their dispensing outlets over speculation of possible hike in pump price of Premium Motor Spirit (PMS), commonly called petrol. Our correspondent reports that most filling stations have shut down while few in operation recorded unprecedented long vehicular queues. TotalEnergies outlet by Abule (Sheraton…
Pi Network has recorded 50 million active users, indicating the protocol’s potential and influence in the industry. Pi Network has witnessed yet another revelation. Recently, a Pi Network moderator unveiled an astonishing fact that underscores the magnitude and potential influence of the mobile mining blockchain. According to the information, the network boasts a user base…
Anambra State Governor, Prof Chukwuma Soludo, has announced incentives to cushion the effect of the hardship caused by the removal of subsidy from petrol. The governor made the pronouncement on Monday, stating that over 300,000 households will receive bags of rice from the state government. Soludo, in a statement he personally signed, said: “Anambra State…
