LOCAL Archives - Page 145 of 748

NNPC concludes $1bn mega deal with Afrieximbank to boost oil output

November 18, 2021November 18, 2021Ayo Olowo

The African Export-Import Bank (Afreximbank) has signed a $1.04 billion deal with the Nigerian National Petroleum Corporation (NNPC) to boost oil output. The deal was signed at the ongoing Intra-African Trade Fair (IATF) in Durban, South Africa. The transaction comprises a pre-export/shipment finance facility underpinned by a forward sale agreement (FSA) and offtake contracts from the Nigerian National Petroleum […]

BREAKING! Anambra Decides: INEC declares Soludo winner of governorship election

November 10, 2021November 10, 2021Ayo Olowo

Former Governor of the Central Bank of Nigeria, and candidate of the All Progressives Grand Alliance (APGA), Charles Chukwuma Soludo, has won the Anambra governorship election, polling a total of 112,229 votes to defeat his two major rivals — Valentine Ozigbo of the PDP who got 53,807 votes, and Andy Uba of the All Progressives […]

Anambra Election: INEC explains why PVCs were distributed on election eve

November 6, 2021November 6, 2021Ayo Olowo

The Independent National Electoral Commission (INEC) has explained why permanent voter cards (PVCs) were still being distributed the evening before the Anambra governorship election. Recall that on October 26, INEC announced that 81,778 new PVCs would be delivered to Anambra on October 28 for distribution ahead of the November 6 election. However, speaking on Friday in an […]

Nigerian government Inaugurates Panel for Health Sector Reform

November 3, 2021November 3, 2021Ayo Olowo

The Federal Government of Nigeria is set to reform the health sector, particularly, the primary healthcare services as it inaugurated a Committee on the Basic Health Care Provision Fund (BHCPF) with the aim of providing quality basic health care services to all Nigerians. The Secretary to the Government of the Federation, Boss Mustapha, represented by […]

NNPC assures of adequate products supply through festive season; cautions against panic buying

November 3, 2021November 3, 2021News Agency

The Nigerian National Petroleum Company (NNPC) Ltd has urged the public not to engage in panic buying of petroleum products, as the company has sufficient stock of the products. Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC in a statement on Tuesday said that the stock of the products would last for the […]

Minister of Interior Directs Agencies to Tackle Money Laundry, Terrorism Financing

November 3, 2021November 3, 2021Ayo Olowo

NIGERIA – The Minister of Interior, Ogbeni Rauf Aregbesola in his determination to reduce and possibly see an end to the menace of money laundering and Combating of financing of terrorism in Nigeria has delivered a key note address and declared open a 3-day Capacity Building Workshop in Abuja. The workshop being coordinated by the […]

Details of 40 Nigerian firms, individuals blacklisted by AfDB over corrupt practices

November 2, 2021November 2, 2021Ayo Olowo

The African Development Bank has blacklisted at least 40 Nigerian firms and individuals for engaging in corrupt practices, fraud and collusive practices between 2017 and 2021, according to data obtained from the bank’s website. The AfDB said the firms and individuals were debarred “for coercive, collusive, corrupt, fraudulent, or obstructive practices under its sanctions system […]

Ikoyi 21-storey building collapse: One dead, two rescued, dozens still trapped

November 1, 2021November 1, 2021Ayo Olowo

It is was a sad afternoon in Lagos, as a 21-storey building in the Ikoyi area of the state collapsed on Monday afternoon. According to eyewitnesses, at lead 50 persons, including the owner of the building are believed to be trapped under the rubble. Meanwhile, Emergency responders rescued two persons from the site of a […]

Climate Change Conference: Read President Buhari’s speech at COP 26

November 1, 2021November 1, 2021Ayo Olowo

By Muhammadu Buhari Dire warnings of the end of the world are as old as civilization itself. But each year as the countdown to United Nations Climate Change Conference (COP) begins, they grow in volume and intensity. Recently, senior United Nations officials raised the alarm of “world conflict and chaos” and mass migrations and institutional […]

Eze Commends Dakuku, Jackrich, others for exposing the on-going rot in Rivers

November 1, 2021November 1, 2021Ayo Olowo

The perpetual mismanagement and manifest diversion of funds meant for strategic human development schemes, profitable capital projects and other serious businesses of government under the administration of Gov. Nyesom Wike and the People’s Democratic Party, has taken a very scary dimension, such that has raised a big concern among enlightened populace and justifies the need […]