By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) announced the discovery and confiscation of products from 63 illegal refineries in the Niger Delta over the past week. The company also uncovered 19 illegal pipeline connections during the same period. These developments were revealed in a documentary by the NNPCL on Wednesday, which highlighted…
Africa’s richest man, Alhaji Aliko Dangote, is embroiled in a fresh controversy over allegations of financial misconduct concerning the cost of constructing a fertilizer plant in Ibeju Lekki, Lagos. Reports suggest that Dangote may have inflated the project’s cost from an initial $40 million (₦63.6 billion) to a staggering $150 million (₦238.5 billion), leading to…
Aimed at equipping corps members with essential skills for securing employment after their service year, the one-day event, themed “From Clicks to Progress,” focused on digitalisation, entrepreneurship, and employment promotion measures. Participants received instruction on high-priority employability skills, including CV writing and interview preparation techniques. Helen Igboka, Programme Component Manager for Gender and Inclusion at…
Real Madrid midfielder Eduardo Camavinga is set to miss the beginning of the season after the club confirmed on Wednesday that he has sustained a knee ligament sprain. The Spanish giants revealed in an official statement that Camavinga suffered the injury during a training session on Tuesday, following a slip and collision with teammate Aurelien…
Prominent figures across Nigeria have strongly criticized a controversial bill proposed by the House of Representatives that seeks to impose a 10-year prison sentence on individuals who refuse to recite the national anthem. The bill, sponsored by Speaker Tajudeen Abbas, is set for its second reading, where lawmakers will debate its general principles. The bill…
By Ayomide Otitoju In a statement released on Tuesday, the MTN Foundation reaffirmed its commitment to fostering musical talent in Nigeria through its 2024 Musical Society of Nigeria (MUSON) Scholarship Programme. The foundation emphasized that the MTN-MUSON Scholarship Programme is specifically designed to help young Nigerian musicians navigate the challenges they face on their journey…
Olam Agri, a leading agribusiness in food, feed, and fibre in Nigeria, is significantly expanding its Corporate Responsibility and Sustainability (CR&S) investment strategy to deepen its social, environmental, and economic development impact within the country. The company has committed to a four-year development plan, allocating approximately ₦6.5 billion to various CR&S initiatives. These initiatives are…
Union Bank, a leading financial institution in Nigeria, has been awarded the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification. This upgrade from the previous version 3.2 highlights the Bank’s commitment to the highest standards of data security and compliance with industry guidelines for preventing payment card fraud and unauthorized use. The PCIDSS…
By Ayomide Otitoju Access Holdings Plc has extended the acceptance period for its ongoing Rights Issue, moving the deadline from August 14, 2024, to August 23, 2024. This extension, approved by the Securities & Exchange Commission (SEC), comes in response to recent nationwide protests that have disrupted business operations across Nigeria. In a statement signed…
