In furtherance of its Corporate Social Responsibility, the Nigerian National Petroleum Company Ltd. (NNPC) and TotalEnergies Upstream Nigeria Ltd., operator of OML 130, and partners, inaugurated projects in seven states (CSR). The projects were launched in the states of Osun, Kwara, Imo, Enugu, Anambra, Benue, and Rivers, according to a statement made on Tuesday in Read More…
Business
Calabar Carnival to play host to 10 countries – Commissioner
Ten or more nations are anticipated to take part in the 2022 Annual Calabar Carnival, according to Mr. Eric Anderson, Cross River’s commissioner for culture and tourism development. In an interview with newsmen on Tuesday in Abuja, Anderson made this known. The carnival is scheduled to be held from December 1 to December 31, 2022, Read More…
Police seek alliances to curb crimes in hotels
The Lagos State Commissioner of Police, Abiodun Alabi, encouraged hotel owners nationwide on Thursday to establish a regulatory organisation that could collaborate with the police to reduce crime in hotels. Alabi made the request while being represented by CSP Joshua Nkereuwem at the Lagos Tourism Roundtable, which was held in Lagos and organised by the Read More…
SON vows to rid Nigeria of substandard products
On Wednesday in Abuja, the Standard Organisation of Nigeria (SON) vowed to leave behind a nation devoid of the spread of subpar goods. Malam Farouk Salim, the director general of SON, made this statement at a press conference to announce the official start of the celebrations planned for the organisation’s 50th anniversary. The grand opening Read More…
Average price of diesel in October hit N801.09 per litre – NBS
According to the National Bureau of Statistics (NBS), consumers spent N801.09 per litre on average for automotive gas oil (diesel) in October. In its “Diesel Price Watch” report for October 2022, the NBS noted that the average price had increased by 215.30% from the N254.07 per litre paid in September 2021. “Comparing the average price Read More…
Sanwo-Olu pursues state govts input in Electricity Bill
Lagos State Governor Babajide Sanwo-Olu has pleaded with the House of Representatives to permit state governments’ input into the Electricity Bill 2022. According to Sanwo-Olu, allowing state governments’ involvement into the Electricity Bill 2022 will help resolve complicated problems related to Nigeria’s power generation, transmission, and distribution. In order to increase citizens’ overall energy security, Read More…
Buhari reveals new naira notes
The new N200, N500, and N1000 notes were introduced by President Muhammadu Buhari on Wednesday at the Council Chamber of the Presidential Villa in Abuja. The Federal Executive Council (FEC) meeting, which was held virtually with a number of cabinet members present, was preceded by the release of the new naira notes. The Central Bank Read More…
FG remodels 12 terminal buildings at domestic airports
The renovation of 12 terminal buildings at domestic airports across the country has been completed, according to Sen. Hadi Sirika, the Minister of Aviation. Sirika made the statement in an interview with journalists on Monday in Abuja, He stated that the 12 domestic airport terminal buildings in Lagos, Abuja, Enugu, Jos, Kaduna, Owerri, Ilorin, Ibadan, Read More…
IMF drops Nigeria’s 2022 growth forecast to 3%
The International Monetary Fund has cut its estimate for Nigeria’s real GDP growth in 2022 from 3.4% to 3%, citing low oil production and the bad effects of recent flooding. Nigeria is trying to stop oil theft and violence in its oil-producing areas, which has cut oil production and the government’s income. Additionally, the nation Read More…
NEPC: Non-oil exports will save Nigeria’s economy
Nigeria’s economic existence will be ensured, according to the Nigerian Export Promotion Council (NEPC). This was said by Dr. Ezra Yakusak, Executive Director/CEO of NEPC, during a news conference announcing the NEPC Export Week, which will take place from November 21 to November 26. Yakusak emphasised that Nigerians must support non-oil exports since they are Read More…