Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on manufacturers to spearhead efforts to diversify Nigeria’s foreign exchange earnings away from crude oil dependence. Cardoso made the call at the 54th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN), Apapa Branch, themed “Complementing the Oil Sector, a…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has launched a campaign to reduce petroleum tanker accidents on highways across the country. The Southwest campaign was flagged off on Wednesday at the Dangote Refinery Depot, Lagos, by NMDPRA Chief Executive, Mr Ahmed Farouk, represented by Dr Mustapha Lamorde. Farouk stressed the importance of educating…
Former President Goodluck Jonathan has called for sweeping electoral reforms in Nigeria, warning that unchecked party indiscipline and flaws in the appointment of election officials threaten the country’s democratic future. At an event in Abuja organised by the School of Social and Political Thought, Jonathan — represented by Ann Iyonu of the Goodluck Jonathan Foundation…
A Nigerian businessman has accused oil and gas company Oilserv Ltd of breaching a contractual agreement and misusing security agencies to silence him, in a dispute tied to the country’s multi-billion-dollar Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. Jim Okolo Chimezie, CEO of Jimez Petroleum Resources Ltd, claimed that Oilserv, chaired by Sir Emeka Okwuosa, initially made…
Aradel Holdings and Wema Bank have replaced Conoil and Julius Berger in the NGX 30 Index. This is according to the Nigerian Exchange Ltd. (NGX) on Tuesday, announcing the result of its half year (H1) market index review. The review has led to the entry and exit of some companies from several indices which took…
Gov. Ahmadu Fintiri of Adamawa has sworn in three commissioners and a member of the State Independent Electoral Commission, urging them to uphold responsibility and accountability in their duties. The swearing-in ceremony was held on Wednesday at the newly inaugurated Council Chambers in Yola. The News Agency of Nigeria (NAN) reports that the Adamawa State…
President Volodymyr Zelensky on Sunday said that North Korea has sent soldiers as well as weapons to support Russia in its fight against neighbouring Ukraine. “We see an increasing alliance between Russia and regimes like North Korea. “This is no longer just about transferring weapons. “It is actually about transferring people from North Korea to…
Vermont and other parts of the Northeast are grappling with catastrophic flooding, endangering homes and communities. Discover how to cancel your Airbnb or Vrbo bookings if your travel plans are affected. Stay informed about the unfolding situation and find out how to stay safe during this natural disaster. Unprecedented Flooding Ravages Vermont’s Northeast Region…
Saudi minister of Investment Khalid Al-Falih has reiterated the country’s commitment to advancing cooperation and continuing years of strong bilateral relations with the United States. Al-Falih made this pledge on Tuesday at the Saudi-U.S. Investment Forum holding in Riyadh. He said the relationship between the two countries was built on trust, partnership, and a shared…
In a significant political shift in Akwa Ibom, three commissioners have tendered their resignations following Governor Umo Eno’s recent defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). Out of the 26 lawmakers in the state House of Assembly, 15 have chosen to remain with the PDP, while 11 have opted…
