Nigeria

Dangote doing a very good job-Tinubu

GAS DEVELOPMENT: Tinubu expresses commitment to NLNG

GAS DEVELOPMENT: Tinubu expresses commitment to NLNG   By Our Correspondent President Bola Tinubu has expressed commitment to the development of Nigeria Liquefied Natural Gas (NLNG) Limited, NLNG. The President expressed the commitment during the meeting with the board and management of the company,  led by Edmund Daukuru, NLNG board chairman and king of Nembe […]

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JUST IN: NLC plans indefinite strike over rise in Nigeria’s petrol price

By Eyo Nsima The Nigeria Labour Congress, NLC, has concluded plans to mobilise its members for an indefinite strike should petrol price continues to rise in Nigeria. The President of NLC, Joe Ajaero, said at the African Trade Union alliance meeting in Abuja, that, “As we are here they are contemplating increasing the pump price

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JUST IN: Nigerian air force helicopter crashes in Niger state

By Our Correspondent The Nigerian Airforce, NAF, has crashed in Niger state. The NAF said the MI-171 helicopter that was on a casualty evacuation mission, has crashed on Monday, August 14, 2023. In a statement obtained by The Daily, www.thedaily-ng.com, Edward Gabkwet, the spokesperson of NAF, disclosed that the helicopter crashed at about 1 pm

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LCCI announces 2023 edition of International Business Conference & Expo

The Lagos Chamber of Commerce and Industry (LCCI) announces 2023 edition of International Business Conference & Expo tagged “Invest Nigeria”, scheduled to hold on Tuesday 29th and Wednesday 30th August 2023, 9:00am at the Eko Hotel and Suite, Victoria Island, Lagos Nigeria. In a statement, the LCCI said about 80 different countries in the world

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Energy Expert Urges President Tinubu to End Petrol Import Racket, Prioritise Local Refining

Forensic audit of CBN underway as we Win Back Investor Confidence, President Tinubu Tells World Bank Chief

President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the Civil Service payroll is imminent. The President disclosed this during an audience with the President of the World Bank, Mr. Ajay Banga on Friday at the Presidential Villa, Abuja. ”A comprehensive forensic audit is on-going

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Ekiti: Oyebanji unveils 21 commissioners, 14 advisers

….new appointees to be inaugurated August 8 Ekiti State Governor, Mr Biodun Oyebanji has unveiled a list of 21 new commissioners and 14 Special Advisers in a bid to expand and reposition the state executive council for a more effective actualisation of the administration’s development agenda. This is sequel to the successful screening and confirmation

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Public Alert on Fraudulent LinkedIn Account Impersonating Executive Vice Chairman of NCC

The Nigerian Communications Commission (NCC) wishes to draw public attention to a fraudulent LinkedIn Account impersonating the person, and office of the Executive Vice Chairman (EVC), Prof. Umar Garba Danbatta. The account was obviously created by some unscrupulous and criminal elements with a view to defrauding unsuspecting members of the public and users of social

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How SPE Increases Accessibility, Affordability, Sustainability of Energy in Nigeria – Obike

Engr. Felix Chijioke Obike is the 2023 Chairman of Society for Petroleum Engineers (SPE) Nigeria Council. Obike who currently works for SEPLAT Energy had earlier worked in Shell Nigeria and ADNOC in Abu Dhabi with over 31 years of Industry and academic experience in Completions and Well Intervention, Well Integrity, Production Operations, and an SME

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Dangote Refinery Will Boost Growth of Downstream Sector in 2022, CPPE, Others Affirm

THE NAIRA EXCHANGE RATE CONUNDRUM

The volatility in the foreign exchange market is naturally unsettling.  But it is not unexpected given the long period of distortions in the foreign exchange market.  Correcting the entrenched distortions would take some time. But in the meantime, the monetary authorities should come up with a sustainable intervention framework to ensure the moderation of currentvolatility

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FAAC shares N907.054 billion June 2023 revenue to FG, States & LGCs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N907.054 billion June 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for July 2023. The meeting was chaired by the

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