Nigeria’s National Drug Law Enforcement Agency (NDLEA) said on Wednesday that it has no reason to shield anyone who may be indicted in the course of the ongoing investigation of a 25kg cocaine deal involving a gang headed by suspended “supercop” DCP Abba Kyari. The Agency in a statement by it’s spokesman, Femi Babafemi said…
Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, on Wednesday apologised to Nigerians for damages caused by the importation of substandard fuel into the country. Kyari assured Nigerians that normalcy would return to petrol stations by next week, saying the national oil company has taken necessary…
The Federal Ministry of Health has begun three weeks certificate and license verification for community health practitioners The ceremony was performed by the Minister of State for health, Dr Adeleke Mamora on Monday, in Abuja. ”The government of President Muhammadu Buhari has zero tolerance for corruption; presenting oneself without being trained, certified and licensed is…
The Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has advised Nigerians not to entertain the illusion that the Dangote Refinery would guarantee them cheaper supply of refined petroleum products.Rewane said the most the Dangote refinery would guarantee was improved supply of petrol in Nigeria’s domestic market, but would not affect…
Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with the U.S. Securities and Exchange Commission (SEC) showed on Monday. The donation was worth $5.74 billion, based on the closing prices of Tesla shares…
The European Union (EU) on Monday announced funding of €44 million (N21billion) for the Nigeria Jubilee Fellows Programme (NJFP) aimed at employing graduates who recently concluded the mandatory one-year National Youth Service Corps (NYSC). Executive Vice-President of the EU, Margrethe Vestager, who is currently on a working visit to Nigeria, made the announcement during an…
Flutterwave, a leading technology company, announced on Tuesday that it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest valued African startup with this investment. It is a validation…
President Muhammadu Buhari Tuesday criticised the National Assembly for removing crucial projects from the 2022 budget estimates sent to it by the executive and inserting the lawmakers’ projects to the tune of N887 billion in the fiscal document before it was signed into law. He also accused the federal lawmakers of making unnecessary incursion into…
British consumer pricesrose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that the Bank of England will raise interest rates for a third meeting in a row. The annual rate of consumer price inflation rose to 5.5% in January, the highest since March…