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Monthly Archives: September, 2024

FREEE RECYCLE UNVEILS PLANS TO RECYCLE TWO MILLION TYRES ANNUALLY

FREEE Recycle, a tyre waste recycling and rubber manufacturing company, has highlighted the significant untapped potential in the waste recycling sector, announcing its intention...

NAIRA DEPRECIATES TO N1,541.52 PER DOLLAR IN NAFEM

On Thursday, the Naira depreciated to N1,541.52 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ indicated that the indicative...

UNEMPLOYMENT RATE IN NIGERIA INCREASES TO 5.3% IN Q1 2024

The National Bureau of Statistics (NBS) has reported a rise in Nigeria's unemployment rate, which increased to 5.3% in the first quarter of 2024...

STAYING ACTIVE WITHOUT A GYM: FIVE SIMPLE EXERCISES

Finding time for the gym can be challenging, especially when life gets busy. Fortunately, you don't need a gym to stay active and healthy....

CAUTIOUS OPTIMISM AMONG NIGERIAN MANUFACTURERS

Nigerian manufacturers are expressing cautious optimism about the economic outlook for the coming months, despite showing significant pessimism in August. This sentiment comes from...

FALL IN FOREIGN REMITTANCES TO NIGERIA IN 2024

According to the Central Bank of Nigeria (CBN), direct foreign exchange remittances to Nigeria decreased year-on-year (YoY) by $10 million or 0.84%, totaling $1.18...

NBS REPORT: RISE IN DIESEL AND KEROSENE PRICES IN AUGUST 2024

The National Bureau of Statistics (NBS) has reported a significant increase in the prices of Automotive Gas Oil (AGO), commonly known as diesel, and...

IPOB DEMANDS UNCONDITIONAL RELEASE OF MAZI NNAMDI KANU, ACCUSES NIGERIAN GOVERNMENT OF ETHNIC BIAS

The Indigenous People of Biafra (IPOB) have called on the Federal Government of Nigeria to withdraw its case against their leader, Mazi Nnamdi Kanu,...

PDP AND APC MEMBERS IN RIVERS STATE DEFECT TO ACTION PEOPLES PARTY (APP) FOR LOCAL GOVERNMENT ELECTIONS

Members of the Peoples Democratic Party (PDP) and the All Progressives Congress (APC) in Rivers State, aligned with Governor Siminialayi Fubara, have shifted their...

GOVERNOR ENO AND FORMER LEADERS THANK GOD FOR PEACE AND UNITY IN AKWA IBOM STATE AT 37TH ANNIVERSARY

At the International Worship Centre in Uyo, Governor Umo Eno, alongside his predecessors, including Obong Victor Attah and Senator Godswill Akpabio, expressed gratitude for...

GOVERNOR ENO ADDRESSES AKWA IBOM’S 37TH ANNIVERSARY, DISCUSSES CNG BUS LAUNCH AND FUEL PRICING

As Akwa Ibom celebrates 37 years since its creation, Governor Umo Eno has clarified that the launch of the Compressed Natural Gas (CNG) buses...

SENATE AND HOUSE OF REPRESENTATIVES JOIN FORCES FOR PETROLEUM SECTOR INVESTIGATION

The ad hoc committees established by both the Senate and House of Representatives to investigate alleged economic sabotage in the petroleum sector have agreed...

GOVERNORS ENGAGE CHINESE CONGLOMERATES FOR ENERGY PARTNERSHIP

On Sunday, several governors met with Chinese conglomerates seeking partnerships and investments, particularly in the energy sector. Governors Hyacinth Alia of Benue State, Caleb...

ISLAMIC SCHOLARS IDENTIFY INJUSTICE AS ROOT CAUSE OF NIGERIA’S CHALLENGES

Islamic scholars, including Sheikh Imran Abdul Majeer Elha and Dr. AbdulRahman Lawal, stated yesterday that the injustice perpetrated by the judiciary and political leaders...

SENATE LEADER HIGHLIGHTS LACK OF TRANSPARENCY IN CONSTITUENCY PROJECTS

Senate Leader Senator Opeyemi Bamidele stated on Monday that one of the primary challenges facing constituency projects in Nigeria is the lack of transparency...

MAGISTRATE COURT SENTENCES ARTISAN TO SIX MONTHS FOR STEALING YAMS

A Magistrate Court in Osogbo, Osun State, has sentenced an artisan, Sunday Ejoh, to six months in correctional custody for stealing three tubers of...

Joint Probe into Alleged Economic Sabotage in Nigeria’s Petroleum Sector

Both the Senate and House of Representatives have decided to conduct a joint investigation into alleged economic sabotage in Nigeria's petroleum sector. This follows...

U.S. Chamber of Commerce Commits $320 Million to Mortgage Financing and SMEs in Nigeria

The United States Chamber of Commerce has pledged approximately $320 million to support mortgage financing and Small and Medium-sized Enterprises (SMEs) in Nigeria. This...

ABIA STATE TO IMPLEMENT NEW MINIMUM WAGE FROM OCTOBER 2024

Abia State Government has announced that it will commence the implementation of the new minimum wage from October 2024. Commissioner for Information, Prince Okey Kanu,...

AIR PEACE CLARIFIES WINDSHIELD CRACK INCIDENT

A domestic carrier, Air Peace, has clarified reports that its aircraft flying from Akure, Ondo State capital, to Abuja suffered a windshield crack that...

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