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PAP: N-Delta ex-agitators leader condemns frivolous petitions against Otuaro

By Emem Idio, Yenagoa The National Chairman of the Presidential Amnesty Programme ,PAP, Phase 2, Ibena Rufus Salvation, has dismissed a recent petition against the PAP Administrator, Dr. Dennis Otuaro, describing it as “baseless and the work of faceless individuals with no stake in the Niger Delta region.” Reacting to the petition allegedly submitted to […]

LARRY VIBEZ set to drop AWUYE

Nigerian singer-songwriter LARRY VIBEZ is set to release his first single of the year, titled AWUYE, on Thursday, February 19th, 2025. 

Housing shortage worsens as pension funds slash real estate investment

•Apathy triggers 96% fall in investment  •Arbitrary CoO revocations, regulatory bottleneck, others driving apathy- Stakeholders  By Rosemary Iwunze Efforts to close the N21 trillion housing gap in Nigeria is under fresh threat as Pension Funds Administrators, PFAs, have slashed investment in the real estate sector by 91.6 per cent in five years. Financial Vanguard findings revealed that […]

Investors’ confidence boosts stock market amid portfolio rebalancing

By Peter Egwuatu Bullish momentum continued last week on the Nigerian Exchange Limited, NGX, as investors’ confidence intensified amid portfolio rebalancing following release of some unaudited 2024 results of corporate earnings.  The positive sentiment prevailed through all five trading sessions in the week. Consequently, the NGX All-Share Index, ASI hits a new high from its […]

Facebook’s Role in Shaping Nigeria’s Digital Landscape

Facebook has been an integral part of Nigeria’s social and digital evolution. From its early days as a social networking tool to its current role in business, politics, and news dissemination, Facebook remains one of the most influential platforms in the country. However, with changing user behaviours, emerging competitors, and the platform’s growing significance in […]

NEDC empowers Borno Youth with briquette machines to become self-reliant

By Ndahi Marama, Maiduguri The North East Development Commission (NEDC) has taken a major step by presenting Briquette Making Machines to Borno Youth who had undergone and completed intensive training in order to make them economically viable, self -reliant and to promote sustainable energy solutions. The gesture which is going on simultaneously across the other […]

Let’s be fair to Osun-West – APC youths begs leaders

Shina Abubakar, Osogbo As the call for the All Progressives Congress, APC, in Osun State to zone its governorship ticket to the Osun-West senatorial district gains momentum, youths in the party have backed the call, citing concern for justice. The youths, who converged at the party Secretariat in Iwo, demanded that if former Governor Adegboyega […]

We’ve cleared over N1billion debt within a year – OSHIA Executive Secretary

Shina Abubakar, Osogbo The Executive Secretary, Osun Health Insurance Agency, OSHIA, Dr. Razaq Akindele, has disclosed that the agency has cleared over a billion naira debt within his first year in charge. Akindele made the disclosure at the Annual Performance Review and Strategy Retreat, held at Miccom Golf Hotels and Resorts, Ada, Osun State, on […]

BICCDF Africa Appoints Mr Tref Fabien as Ambassador and Special Envoy to France

BICCDF Africa has officially appointed Mr. Tref Fabien as Ambassador and Special Envoy on Economic Diplomacy, Trade, and Investment to France. The announcement was made by Amb. Dr. Chimbo Obieze, Special Envoy and Chief Operating Officer of BIGWIL International Community of CEOs and the Diplomatic Forum, BICCDF-UNWCD AFRICA. In a recent address to the media […]

Tariff Hike: NERC tasks DISCOs on investment, financial plans

By Ediri Ejoh The Nigerian Electricity Regulatory Commission (NERC) has directed the Distribution Companies of Nigeria, DISCOs, to make available their investment plans to justify their quest for tariff reviews. This is coming on the heels of a clamor for an upward review of electricity tariffs to match-up current economic realities. NERC, in its latest […]

Neimeth to restructure foreign loans as FX loss hits N2.03bn

By Peter Egwuatu  Neimeth International Pharmaceuticals Plc is set to restructure its foreign currency denominated loans as the Company’s foreign exchange, FX, losses hit N2.03 billion.    Speaking to the media on the development, Pharm. Valentine Chinedu Okelu, Managing Director/CEO, Neimeth International Pharmaceuticals said: “Neimeth experienced a significant recovery in its operations, positioning us as […]

Warri Refinery: We await portal opening to lift petroleum products — PEROAN

•As IPMAN patronizes Dangote Refinery By Udeme Akpan & Mariam Eko THE Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, said it was awaiting the Nigerian National Petroleum Company Limited, NNPCL, to open its portal to enable it lift petroleum products from Warri refinery.   The 125,000 barrels per day, bpd refinery started operations and […]

208 army officers write Lt. to Capt. promotion examination 

The Nigerian Army on Sunday commenced the 2025 Lt. to Capt. practical promotion examination, with 208 candidates participating in Kaduna. The News Agency of Nigeria (NAN) reports that the week-long examination is being conducted by the Training and Doctrine Command (TRADOC), Nigerian Army. Addressing the candidates, the President of the Examination Board, Commander, TRADOC , […]

Gunmen abduct Ohanaeze Youth President

•We’ve launched investigation – Police OWERRI— President of Ohanaeze Youth Council, OYC, in Owerri, Imo State, Igboayaka IIgboayaka, has been abducted by gunmen. He was reportedly kidnapped on Saturday evening at Work Layout, near IMSU junction, Owerri, Imo state capital.The president of Igbo National Council, INC, Chilos Godsent, in a statement, disclosed that the gunmen […]

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