By Ayomide Otitoju Just three weeks after its resumption of operations, the Port Harcourt refinery has led to a decrease in the price of Premium Motor Spirit (PMS), commonly referred to as petrol, across retail outlets of the Nigeria National Petroleum Company Limited (NNPCL) in Abuja. Reports indicate that the pump price at NNPCL stations…
By Ayomide Otitoju In response to the alarming rise in femicide across Nigeria, the Societal Concerns Organization will hold a high-profile symposium on Tuesday, 17th December 2024, at the LCCI Conference Centre, Alausa, Ikeja, Lagos. Themed “Breaking the Silence on Femicide,” the event aims to unite key stakeholders in a collective effort to combat this…
By Ayomide Otitoju Stanbic IBTC Pension Managers, a leading pension fund administrator in Nigeria, has been honored with the title of ‘Most Financially Inclusive Pension Company of the Year’ at the International Financial Inclusion Conference (IFIC’24). The award was presented at an event organized by the Central Bank of Nigeria (CBN), which attracted key players…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has reaffirmed that all versions of the naira, including both old and new designs of the ₦1,000, ₦500, and ₦200 denominations, as well as the commemorative and previous designs of the ₦100 note, remain valid and continue to function as legal tender indefinitely. In a statement…
By Ayomide Otitoju The Independent National Electoral Commission (INEC) has firmly denied circulating reports regarding the death of its Chairman, Professor Mahmood Yakubu. In a statement released on Saturday by Rotimi Oyekanmi, Chief Press Secretary to the INEC Chairman, the agency confirmed that Yakubu is alive and well. The clarification comes in response to false…
By Ayomide Otitoju Senator Dino Melaye has shared his thoughts on the ongoing discussions regarding the retirement of Bishop David Abioye and the upcoming Shiloh 2024 event, an annual Christian gathering organized by the Living Faith Church Worldwide under the leadership of Bishop David Oyedepo. Taking to his X page, Melaye indicated his absence from…
By Ayomide Otitoju The Federal Government of Nigeria has issued six Sovereign Sukuk totaling ₦1.1 trillion (approximately $657.6 million) to finance 124 federal road projects spanning over 5,820 kilometers across the country’s six geopolitical zones. This announcement was made by the Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, during the…
By Ayomide Otitoju Ijaw leader Chief Edwin Clark has urged President Bola Tinubu to urgently declare a state of emergency on the roads in the South-South region. In a letter to the president, Clark criticized the poor state of roads in the oil-rich area, highlighting the significant hardships faced by its residents as a result….
By Ayomide Otitoju Nigeria has successfully settled its accrued debt to the Economic Community of West African States (ECOWAS) amounting to ₦85 billion. This announcement was made by the President of the ECOWAS Commission, Omar Touray, during the opening of the 66th Ordinary Session of the ECOWAS Authority of Heads of State and Government in…
