Posted in General

Deep water oil segment in Nigeria stuck for 10 years – Bouyer

The TotalEnergies Nigeria says the deep water segment of oil and gas industry in Nigeria has been stuck for 10 years since the Egina Final Investment Decision (FID).

Mr Matthieu Bouyer, the Country Chairman/Managing Director of TotalEnergies Nigeria,…

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Posted in General

UN chief urges leaders of regional bloc to end wars

UN Secretary-General António Guterres said that deep global divisions and conflicts must end to clear a path to tackling the world’s two existential threats – climate change and the negative impacts of artificial intelligence.

Guterres said this in h…

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Posted in General

Public corruption bane of national dev’t – EFCC

Mr Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has described public corruption as the major impediment to sustainable development in Nigeria.

Olukoyede said this in Abuja during a courtesy visit by Mohammed She…

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Posted in General

Tinubu congratulates Starmer new UK PM on election victory

President Bola Tinubu on Friday congratulated Sir Keir Starmer the leader of the Labour Party, on the victory of his party in the United Kingdom general elections.

Starmer, emerged winner of the UK general elections and is set to become the next prim…

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Posted in General

We’ll uphold past leaders high standards- Pro Chancellor

Dr Mohammed Santuraki, the newly appointed Pro Chancellor and Chairman of the Governing Council, FUT Minna, says the council will uphold the high standards set by past leaders of the institution over the past 40 years.

Santuraki said this during the …

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Posted in General

Crowdfunding amid blackout saves Kwara residents from losses

Once, Surulere-Alabi, a suburb in Ilorin West local government area boasted of, at least, 20 hours of uninterrupted electricity power supply per day. This is amidst the pervasive darkness in some parts of Ilorin, the capital of Kwara State.

When choo…

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Posted in Business Market

Niger rakes in N3.5bn revenue in May

Gov. Mohammed Bago of Niger says the state recorded N3.5 billion Internally Generated Revenue (IGR) in May.

Bago stated this on Wednesday in Suleja, Niger, at the 155th meeting of Joint Task Board (JTB), with the theme: ‘Post Reform: Repositioning Re…

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Posted in Business Market

Manufacturing Sectors in Ethiopia Receiving Loans in Billions of Birr to Boost Investment

Addis Ababa: As part of the government’s high priority to expedite industrial development in Ethiopia, the manufacturing sector has been receiving loans in billions of Birr to expand their investment, Minister of Industry, Melaku Alebel revealed.

The…

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