Governor Babajide Sanwo-Olu of Lagos State has sympathised with the management and staff of the Federal Radio Corporation of Nigeria (FRCN) over the fire incident at the Radio Nigeria Broadcasting House in Ikoyi on Wednesday evening.In a statement issued on Thursday by his Special Adviser on Media and Publicity, Mr.
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, says that the proposed tax reform bills are designed to address immediate fiscal challenges and lay sustainable framework for economic growth and development of Nigeria. Oyedele said this in Abuja while presenting his committee’s findings on the
The Ogun State Chamber of Commerce, Industry, Mines, and Agriculture (OGUNCCIMA) has praised the monumental contributions of Dangote Refinery to Nigeria’s economy and its role in revitalizing the private sector.This flagship industrial project has not only reshaped the country’s energy landscape but has also created opportunities for private enterprises and
The Supreme Court, on Wednesday, restrained Chief Edozie Njoku from parading himself as national chairman, the All Progressives Grand Alliance (APGA).A five-member panel of justices, led by Justice Stephen Adah, affirmed the emergence of Sly Ezeokenwa as the authentic national chairman of APGA.The apex court, in two unanimous judgments, held
Former President Olusegun Obasanjo has debunked his death rumours making the rounds on social media, saying he’s alive.The ex-president, who wondered why some people would wish him such, said he quickly informed his family members that he’s hale and hearty.Obasanjo stated this on Tuesday during the inauguration of the Old
The recently rehabilitated Port Harcourt Refinery has begun selling Premium Motor Spirit at N1,045 per litre, a price N75 higher than the N970 per litre offered by Dangote Refinery, the Petroleum Products Retail Outlets Owners Association of Nigeria has confirmed.The refinery resumed operations on Tuesday after years of inactivity, drawing
Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, has expressed confidence that President Bola Tinubu will release the detained leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu.Speaking at the 13th memorial anniversary of the late Dim Chukwuemeka Odumegwu Ojukwu in Owerri the Imo state capital
Minister of Marine and Blue Economy, Adegboyega Oyetola, CON on Tuesday declared that a National Policy on Marine and Blue Economy is essential for the development of the Nigerian maritime sector. He stated this while declaring open a stakeholders validation session aimed at developing the National Policy on Marine and
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which benchmarks interest rates in the country to 27.50 per cent — from 27.25 per cent.CBN Governor, Olayemi Cardoso announced the committee’s decision at a press conference on Tuesday after the
After many years of waiting, Nigeria’s owned Port Harcourt Refinery has commenced processing crude oil production.The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, disclosed this on Tuesday.He said the refinery has kicked off with 60 percent capacity.He noted that the Refinery is processing 60,000 barrels per