The Federal Government has announced that sales of crude oil to the Dangote Refinery and other local refineries will commence on October 1, 2024. This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a meeting with the Implementation Committee on Monday in Abuja. In a post on…
The African Export-Import Bank (Afreximbank) reported a significant increase in gross income, reaching $1.47 billion in the first half of 2024, up from $1.12 billion at the end of 2023. This information was disclosed in a statement following the release of the bank’s consolidated financial statements for the six months ending June 30, 2024. Afreximbank,…
In an emotional farewell at the Democratic National Convention in Chicago, President Joe Biden passed the torch to Democratic nominee Kamala Harris on Monday, embracing her on stage and reflecting on his decades of public service. The 81-year-old Biden, quoting a patriotic hymn, said, “America, I gave my best to you,” during a nearly hour-long…
King Charles III visited Southport on Tuesday, the northwest England town where a recent knife attack claimed the lives of three young girls and triggered nationwide anti-immigration riots. The 75-year-old monarch paid his respects by inspecting a sea of floral tributes and met with children who survived the attack. During his visit, Charles expressed gratitude…
Governor Umaru Fintiri of Adamawa State has approved the payment of a ₦70,000 national minimum wage for workers on the state and local government payrolls. This was disclosed by the State Chairman of the Nigeria Labour Congress (NLC), Comrade Emmanuel Fashe, during an interview with journalists following a closed-door meeting with the governor on Tuesday….
By Ayomide Otitoju Hon. Francis Barthlomew Chima, widely known as Omobarca, has been honored with the esteemed Royal Chieftaincy title of “Ebube Sinachi 1 of Olokoro Uvuoma” in a grand ceremony held at the Olokoro Clan Hall in Umuahia South LGA, Abia State. The event, which drew a large gathering of dignitaries, friends, and well-wishers,…
By Ayomide Otitoju FirstBank, West Africa’s premier financial institution, has officially announced the commencement of its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled to take place from August 19 to 24. This year’s event aims to deepen the bank’s commitment to empowering communities, reducing environmental impact, and advancing the United Nations’ Sustainable Development Goals…
The Lagos State Traffic Management Authority (LASTMA) has intensified efforts to alleviate fuel queue gridlock across the state by deploying more officers to key areas. This move comes in response to the resurgence of fuel shortages, which has led to extended wait times and higher prices at filling stations. Motorists have been experiencing significant delays…
Ukraine announced Sunday that it had targeted a second key bridge in Russia’s Kursk region, aiming to disrupt Moscow’s supply routes as Kyiv’s incursion into Russian territory extended into its second week. Ukrainian Air Force Commander Mykola Oleshchuk confirmed the strike via Telegram, releasing an aerial video showing the explosion near Zvannoye. The attack’s timing…
