Sat. Jan 11th, 2025

News

Airtel Nigeria has revealed a plan to turn to solar energy as a cost-effective solution to power its telecom infrastructure amid rising diesel prices, which has pushed the company’s fuel costs to a staggering N28 billion. The Director of Corporate Communications and Corporate Social Responsibility, Femi Adeniran, disclosed this during a media roundtable in Lagos […]

Nigerian Telco, Airtel moves to dump diesel for solar energy as fuel costs hit N28bn

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New York, Sept. 24, 2024 – The United States Chamber of Commerce has announced a $320 million support to Nigeria’s mortgage industry and Small and Medium-scale Enterprises (SMEs). This was announced at the ongoing 79th Session of the ongoing United Nations General Assembly in New York where Kasim Shettima, the Vice President is representing President Bola Tinubu. Nisha Biswal, a member of the American International Development Finance Corporation, announced this at the US-Nigeria Executive Business Roundtable hosted by the US Chamber of Commerce. He said with a portfolio of $1 …
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President Bola Tinubu has declined assent to a bill that aimed to increase the tenure and retirement age of legislative officers at the National Assembly and state Houses of Assembly. The President’s decision was revealed in a letter read on the floor of the Senate on Tuesday by Senate President, Godswill Akpabio. The controversial retirement […]

Tinubu declines assent to bill seeking extension of federal, state legislators tenure

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Abuja, Sept. 24, 2024 -The Debt Management Office (DMO) is offering three Federal Government Bonds worth N150 billion for auction. The DMO announced this in a statement on Tuesday. The DMO said the bonds, which were the re-openings of previously issued instruments, would be sold in units of N1,000, subject to a minimum subscription of N50 million in multiples of N1,000. The first bond being offered is the N70 billion April 2029 bond with a 19.30 per cent coupon rate for a five-year tenor. The second bond is the N50 …
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President Bola Tinubu has formally asked the Senate to approve Justice Kudirat Kekere-Ekun as the substantive Chief Justice of Nigeria, CJN. This was contained in a letter read by Senate President Godswill Akpabio during plenary on Tuesday. Justice Kekere-Ekun has been acting as the CJN since August following Justice Olukayode Ariwoola’s retirement. President Tinubu had […]

Tinubu asks Senate to confirm Justice Kekere-Ekun as CJN

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Aloy Ejimakor, the Lead Counsel of Nnamdi Kanu, leader of the Indigenous People of Biafra, IPOB, has explained why the trial of the agitator was brought to an abrupt end. Ejimakor explained that Kanu won’t be subjected to the ordeal of a trial that breaches the Constitution. He pointed out that the proceedings has assumed […]

Biafra: Why we ended Nnamdi Kanu’s trial – Lawyer Ejimakor

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Abuja, Sept. 24, 2024 – The Central Bank of Nigeria (CBN) has further raised the Monetary Policy Rate (MPR) to 27.25%. The MPR is the nominal anchor of commercial banks’ lending rates. Olayemi Cardoso, the CBN Governor, announced this as part of the Monetary Policy Committee’s decision at et the end of its meeting in Abuja on Tuesday. The increase in the MPR indicates a further raise in banks’ lending rates in the country, an issue which has become contentious since current administration assumed office. Many experts have argued against …
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Dr Sani Abdullahi Shinkafi, ex-aide to former Governor of Zamfara State, Bello Matawalle, has described as a mere face-saving, Governor Dauda Lawal’s recent attacks on the Minister of Defence for State. Shinkafi is of the opinion that the Governor’s attitude is doing no good to the state in delaying the end of banditry which, according […]

Zamfara: Your refusal to support Defense ministry has prolonged banditry – Shinkafi slams Lawal

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The Lagos State Environmental Sanitation Corps, LAGESC, on Tuesday, confiscated the banned styrofoam food packs discovered at a warehouse at No 6 Ogusefunmi Street off Nurudeen Street, Anifowoshe, Ikeja. The state’s Commissioner, Ministry of the Environment and Water Resources, Tokunbo Wahab, disclosed this in a post on X today. According to him, LAGESC carried out […]

Lagos govt confiscates banned styrofoam packs [VIDEO]

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The Osun State Governor, Ademola Adeleke has approved the rescheduling of work days for civil servants in the state. The directive which affects various categories of civil servants in the state is in response to high transportation costs. Governor Ademola also approved an extension of payment of palliatives for public servants for the next two […]

Gov Adeleke slashes workdays for Osun civil servants

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