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FG gets $500m W’Bank power loan

22.11.2024
The Federal Government says it has received a $500m credit from the World Bank to boost the financial and technical capacities of electricity distribution companies. The Transmission Company of Nigeria said in a public notice on Thursday that the Federal Government received the credit through the Presidential Metering Initiative from the World Bank under the...
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Dangote resumes US crude purchase after three months

22.11.2024
The Dangote Petroleum Refinery has recommenced the purchase of crude oil from the United States in its ongoing efforts to ramp up oil production and enhance its refining capacity. The new purchase comes after a three-month hiatus in purchasing crude from foreign countries, focusing instead on domestic supply. A report by Bloomberg on Wednesday said...
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Band A customers protest two-hour power supply

22.11.2024
Residents of Akoka in Lagos State say they only get two hours of electricity despite being migrated to Band A. The residents took to the streets on Tuesday to protest the development, calling on the Ikeja Electricity Distribution Company to come to their rescue. With placards in their hands, the protesters said, “Akoka is totally...
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NNPCL begins Utapate crude sale to global refiners

22.11.2024
The Nigerian National Petroleum Corporation Limited says it has commenced sales of its latest crude oil grade, the Utapate crude oil blend, to international refiners, six months after it began exploration. It said the development is a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts. A statement signed by the...
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Shippers Council commits to ports modernisation

22.11.2024
The Executive Secretary and Chief Executive Officer of the Nigerian Shippers Council, Mr Pius Akutah, has disclosed that modernising the ports and terminals with eco-friendly technology and infrastructure is at the core of their mission. Speaking at an event in Lagos recently, he noted that by minimising environmental impact and enhancing operational efficiency, the council...
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FG unveils credit scheme to buy local products

22.11.2024
The Nigerian Consumer Credit Corporation has kicked off its project tagged Securing Consumer Access for Local Enterprises, an initiative to accelerate the growth of Nigeria’s local industries by providing consumer credit to Nigerians specifically for the purchase of goods and services of local vendors and manufacturers. A Wednesday statement noted that this was part of...
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Tackle oil theft, illegal refineries, Shell tells FG

22.11.2024
The Country Chair of Shell Companies in Nigeria and Managing Director of Shell Petroleum Development Company of Nigeria Limited, Osagie Okunbor, has charged the Federal Government to tackle crude oil theft and illegal refining activities bedevilling the nation. Okunbor said the government needs to fight oil theft and illegal refineries to save the nation’s resources....
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New ferries now operational with cards – LASG

22.11.2024
The Lagos State Government, through the Lagos State Waterways Authority, has stated that the recently launched Omi Bus Ferries are now fully operational with Cowry Cards. In a statement, the General Manager of LASWA, Oluwadamilola Emmanuel, said the payment system is already in use across other public transportation modes in the state. Emmanuel stressed that...
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Customs intercept live turtles, others

22.11.2024
The Nigeria Customs Service, Murtala Muhammed Airport command, says it intercepted 250 live turtles, military accouterments and other contrabands worth N3.32bn The Customs Area Controller in charge of the command, Micheal Awe, disclosed this while addressing journalists at the command on Wednesday. He added that the intercepted contrabands came into the country from Canada Turkiye,...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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