IPMAN blame NNPCL for supply-induced fuel scarcity
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said its members do not get enough Premium Motor Spirit supply from the Nigerian National Petroleum Company Limited (NNPCL) in the wake of scarcity of products sweeping across the country. Meanwhile, IPMAN Ore Depot Chairman, Engr Shina Amoo said the NNPCL, which is currently the sole […]
Federal Government Issues $500 Million Domestic Dollar Bond
The Federal Government of Nigeria (FGN) has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024. This bond, part of the government’s financing initiatives, will carry a 9.75% per annum interest rate and is set to mature in 2029. The auction for this bond will remain open until August […]
FG To Start Crude Oil Sale To Dangote Refinery in October
The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence October 1, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the Implementation Committee on Monday in Abuja. According to a post on the official […]
See the Moment Phil Donahue and Marlo Thomas First Met on His Talk Show: ‘You Are Wonderful’
Phil Donahue and Marlo Thomas had quite the love story. The legendary talk show host died on Sunday, Aug. 18, at the age of 88, and at the time, he had his wife by his side. The pair had been married for 44 years after first meeting when Thomas, an actress, was a guest on The Phil Donahue Show (a.k.a. Donahue). “I […]
President Tinubu Calls On African Leaders To Stop Skill Exodus
President Bola Tinubu has implored African leaders to make more strategic and deliberate efforts in addressing the migration of skills and talent from Africa. Speaking at a dinner held in his honour on the invitation of President Teodoro Obiang Nguema Mbasogo, at the People’s Palace in Malabo, Equatorial Guinea, on Wednesday night, President Tinubu said research and development must […]
Real Madrid defeat Atalanta to clinch UEFA Super Cup
Kylian Mbappe scored on his Real Madrid debut to help his new side claim a record sixth UEFA Super Cup with a 2-0 win over Atalanta on Wednesday in Warsaw, Poland. The superstar French forward has waited years to play for his dream club and after finally signing for Los Blancos this summer at the […]
FG launches DICON evolution strategy and road map 2030
President Bola Ahmed Tinubu has launched the Defence Industries Corporation of Nigeria (DICON) Evolution Strategy and Road Map 2030, aimed at providing the armed forces with advanced equipment tailored to contemporary challenges. Represented by the Secretary to the Government of the Federation, George Akume, at DICON’s 60th anniversary on Wednesday in Abuja, the President pledged […]
House of Reps. Speaker withdraws Counter Subversion Bill
Following widespread public outcry, Speaker of the House of Representatives, Tajudeen Abbas, has withdrawn the Counter Subversion Bill, which prescribed 10-year jail term for anyone who refused to sing the reintroduced national anthem, ‘Nigeria, we hail thee‘. The speaker, in a statement signed by his Media Adviser, Musa Krishi, explained that his decision came after […]
Nigeria launches 10-year National Elephant Action Plan
Nigeria has launched a 10-year National Elephant Action Plan, as the country’s elephant population suffered an 86% population decline in the last 30 years. At the launch yesterday in Abuja, Minister of State for Environment, Dr. Iziaq Salako, raised the alarm that Nigeria’s elephant population is severely threatened, crashing from 1,500 to about 300-400. The minister […]
RMAFC clarifies legislators’ N13.5m monthly salaries, allowances
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has cleared the air on the salaries and allowances being paid to members of the National Assembly. This is contained in a statement signed by the chairman of RMAFC, Mr Mohammad Shehu in Abuja on Tuesday. According to him, the clarification has become imperative. Shehu said that […]