Highlight

FCTA demolishes illegal oil refining warehouse in Mabushi, Abuja

The Federal Capital Territory Administration (FCTA) has discovered and demolished an illegal oil refining warehouse in Mabushi area of Abuja. The head of...

Procurement Phase for Port Harcourt Refinery 98% Complete – MD

The Managing Director, Port Harcourt Refining Company (PHRC), Mr Ibrahim Onoja, has assured that the procurement process for the rehabilitation of the refinery...

Tinubu confirms Mrs Adepoju as Comptroller-General of Immigration Service

President Bola Tinubu has confirmed the appointment of Mrs Caroline Wura-Ola Adepoju as the Comptroller General of the Nigerian Immigration Service (NIS). Her...

NNPCL ranks third for free cash flow generation among African oil companies by 2024 – Report

The Nigerian National Petroleum Company Limited (NNPC Ltd) has been ranked third for free cash flow generation by oil companies in Africa by...

2024 Appropriation Bill scales second reading at House of Reps

The House of Representatives on Thursday began debate on the general principles of the 2024 budget proposal of N27.5 trillion at its second...

Nigerians worry more about rising prices of commodities, not budgetary arithmetic — Rewane

Renowned economist and Managing Director/CEO, Financial Derivatives Company Ltd, Mr Bismarck Rewane, has said many Nigerians are not interested in the budgetary figures...

COP28: UN calls for cooperation, action to get humanity back on track

The Executive Secretary of the United Nations Framework Convention on Climate Change, Mr Simon Stiell, has urged cooperation among nations to get humanity...

2024 budget: Oil benchmark fixed at $77.96, exchange rate of 750 to dollar

President Bola Tinubu on Wednesday announced an oil benchmark of $77.96 and the Naira at N750 to a dollar for the 2024 of...

2024 budget: Reps convene first budget town hall meetings for public input

The Speaker of the House of Representatives, Mr Tajudeen Abbas, has assured Nigerians of their participation in the budgeting process and eventual approval...

Nigeria’s debt may climb above $51.75bn as FG plans to borrow N7.8trn for 2024 budget deficit

President Bola Ahmed Tinubu said on Wednesday that his government will finance the 2024 budget with N7. 8 trillion loan. Persecondnews reports that...

2024 N27.5trn budget: Tinubu targets 3.76 % economic growth, N9.18trn deficit

President Bola Tinubu has presented a N27.5 trillion budget, tagged “Budget of Renewed Hope” for the 2024 fiscal year Tinubu made the presentation...

Old, new Naira notes to co-exist till further notice, Supreme Court rules

The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes until further...

Night of thrills and anguish in day one of match day five of UCL

A rejuvenated Manchester City in the second half and a controversial extra time penalty at Parc Des Princes, headline Day One of match...

Solid Minerals Minister, Alake, dangles carrot before investors in London

The Minister of Solid Minerals Development, Mr Dele Alake, has asked foreign investors to take advantage of low cost of production in Nigeria’s...

Ex-CBN Gov. Emefiele back to prison over unmet bail conditions, trial adjourned to January 2024

A former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has yet to meet his bail conditions five days after he was granted...