Flooding: FG to Send Delegation to Cameroon as Affected Nigerians Rise to 2.5 million
The terrible flooding that has harmed more than 2. 5 million people in Benue, Kogi, Anambra, and other states as…
Month: October 2022
Kogi Communities Jubilate As Dangote Cement Obajana Plant Reopens
There were huge scenes of jubilation among affected host communities; following the Federal Government’s order for the immediate reopening of…
Nigeria Has a Chance To Increase Its Revenue as a Result of China’s Decision To Stop Selling LNG To Europe.
On October 17, Bloomberg reported that China had instructed its state-owned natural gas importers, including Sinopec and the China National…
International Telecommunications Union Sets Agenda for Rural Connectivity in Nigeria
The International Telecoms Union (ITU), the world authority in charge of telecommunications, has stated that it is collaborating with the…
Fraudster Forfeits N40 million in Bitcoins and iPhones to the Nigerian FG.
1.982, 022, 84 units of Bitcoin, valued at N40 million and belonging to a suspected online fraudster, were ordered to…
Russian Military Confirms Major Prisoner Exchange With Ukraine.
As part of a significant prisoner exchange with Kiev, a total of 110 Russians have returned home from Ukraine; this…
UK Prime Minister Truss Refuses to Resign
Despite requests from other Conservative MPs, British Prime Minister Liz Truss indicated she had no plans to resign. She made…
Atleast 10 Hospital Employees in Nigeria’s Niger State Are Abducted by Gunmen.
In northwest Nigeria, armed bandits seeking money have abducted or killed hundreds of people. Officials from the Niger state have claimed that the Islamise militant group Boko Haram has seized control of a number of areas there; paying the residents to join their cause in fighting the government. After invading a general hospital, gunmen kidnapped at least 10 healthcare professionals; this occurred in Nigeria’s Niger state and killed an undetermined number of people, according to hospital and military sources. While a security source reports that two people were killed as a result…
Nigeria’s Inflation Increased to 20.77% in September, According to NBS.
Nigeria’s inflation jumped to 20.77% in the month of September, 2022. This was stated in the National Bureau of Statistics’…
Nigeria Air Will Fly In December, according to Buhari
According to President Muhammadu Buhari, the establishment of a national airline for Nigeria is 91% complete; and is to start…
9 Ghanaians Get 72 Years Jail Term For Smuggling 10,843kgs Cannabis Into Nigeria
On October 14, nine Ghanaians who had been detained for trying to smuggle 10,843. 95kg of marijuana into Nigeria across…
China Stops Providing LNG Energy to the EU as Winter Approaches.
Bloomberg reported that China has instructed its state-owned gas importers to halt reselling liquefied natural gas (LNG) to international customers;…
UBA America hosts the International Banking Conference from October 17–21, 2022, Emefiele, Alawuba, and others Drive the Conversation.
The discussions on global economic trends at the 2022 edition of the UBA Group International Banking Conference will be led…
Nigeria LNG’s Force Majeure Status, According to Portugal’s Galp, Might Affect Supply Chains.
Portugal’s oil and gas company Galp Energia said it may face additional sourcing disruptions after Nigeria LNG declared force majeure…
Ghana’s Cedi Ranks Last in the World Against the Dollar.
As speculators continued to force foreign cash into the west African nation prior to an agreement with the International Monetary…
U.S. Lawmakers Accuse Trump Of Defrauding Country As President.
According to papers made available by the committee, the former president’s company, The Trump Organisation, charged the nation’s secret service…
As Flooding Hampers the Supply of Gas, Nigeria LNG Announces Force Majeure.
Due to significant flooding that has hampered supplies, Nigeria LNG has declared force majeure; according to a company representative. The…
Zamfara State in Nigeria Issues a Closure Decree for Media Covering Political Gathering.
In violation of a state-imposed ban on political activity, Zamfara state, Nigeria ordered five media outlets to shut down; after…
The Majority Labour Union and Transnet of South Africa Reach a Three-year Salary Agreement.
Transnet, a state-owned logistics company in South Africa, announced that it had reached a three-year salary agreement with the union…
TCN to Increase Nigeria’s Electricity Supply by 817MW.
Plans to increase Nigeria’s electricity supply to the National Grid by 817 Megawatts have been made public by Transmission Company…
Oil Theft Becomes a Threat to Nigerian Naira.
90% of Nigeria’s foreign exchange revenues in the first quarter of 2022 came from oil and gas; which is a…
Sanwo-Olu Authorizes the Lagos Wealth Fund Bill.
The Lagos State Wealth Fund Bill and the Lagos State Civil Bill, which will be submitted to the Lagos State…
According to NMDPRA, Dangote’s 650,000bpd Refinery is 97% Finished.
According to announcement from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the 650,000 barrels per day Dangote refinery…
Despite a Market Sell-off, Payment-focused Cryptocurrencies Rally.
XRP, the token closely associated with Ripple Labs, and MKR, the lending platform Maker, are the only payment-focused cryptocurrencies that…
NBC Will Increase Its Investment In Online Banking.
NBC Bank committed to making more efforts in the field of online banking to improve customer convenience and experience. Managing…
EFCC Arraigns ex-Lagos Commissioner for Money Laundering.
A former Lagos State attorney general and commissioner for justice, is facing a money laundering accusation from the Economic and Financial Crimes Commission in front of the Lagos Federal High Court. In the fourcount complaint, the EFCC accused Shasore of pressuring Olufolakemi Adelore to take a $100,000 cash payment; without first going through a financial institution. On November 18, 2014, Shasore is accused to have committed the crimes in Lagos within the jurisdiction of this court; made a cash payment to Adelore of the amount of $100,000 through Auwalu Habu and Wole Aboderin; which sum exceeded the amount permitted by law and you so committed an offense,” the complaint reads. MoneyCentral.
The 2023 Budget is Read a Second Time.
For the construction of large-scale housing projects around the state, the Lagos State Government has sought a stronger relationship with…
Doctors Recruited From Nigeria To Work In UK Hospitals Lament Over Exploitation, ‘Slave Labour’.
A British healthcare company is hiring doctors from Nigeria with the expectation that they will operate in private hospitals; under…
Top 10 Employers in 2022 Seeking a Majority of Remote Positions.
This year, SAP has listed 282,62 remote jobs. SAP’s cloud ERP solutions, which is by technologies like the Internet of…
OPEC Reduces Oil Production In 2022 and 2023 as the Economy Sputters.
As a result of slowing economies, the revival of China’s COVID-19 control measures, and high inflation, OPEC reduced its projection…