By Sumaila Ogbaje Troops of the Nigerian military eliminated no fewer than 135 terrorists, apprehended 185 suspects and rescued 129 kidnapped hostages through well executed operations across the country in the last one week. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, made this known in the Defence Headquarters weekly update on the […]
By Emmanuella Anokam The Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal, as essential processes are still being finalised. The Nigerian National Petroleum Company Limited (NNPC Ltd.) says an official announcements will be made if and when price reviews on the products occur. Mr Olufemi Soneye, […]
By Muhammad Lawal The Indonesian Government will assist Nigeria achieve 60 and 40 per cent increase in milk and meat production in the next five years. Dr Usra Harahap, the Indonesian Ambassador to Nigeria, made the disclosure during a courtesy visit on Gov. Nasir Idris of Kebbi in Birnin Kebbi on Friday. Harahap said […]
By Grace Alegba The Federal Government has raised the amount small businesses could access on single digit loans to N5 million to ensure the country’s inclusive economic growth. The Managing Director and Chief Executive Officer, Bank of Industry (BOI), Dr Olasupo Olusi, made the announcement on Friday during a town hall sensitisation in Lagos on […]
The World Health Organisation (WHO) says nearly 30 million people living with HIV are currently on Antiretroviral (ARV) treatment, while nine million others need treatment but are not getting it. The Director-General of the organisation, Dr Tedros Ghebreyesus, made this known during an online media conference ahead of the Dec. 1, 2024 World AIDS Day […]
By Ibironke Ariyo The Federal Government (FG) has urged fleet operators to take advantage of technology to enhance safety and reduce road accidents in Nigeria. The Minister of Transportation, Sen. Saidu Alkali, gave the advice during the Annual Safety Manager Retreat, organised by Federal Road Safety Corps (FRSC) in Abuja. The News Agency of […]
By Sumaila Ogbaje The Chief of Naval Staff (CNS), Vice Adm. Emmanuel Ogalla, has expressed optimism that the Gulf of Guinea (GoG) nations are ready to work together to tackle insecurity in the region. Ogalla disclosed this at the end of the 8th edition of the Symposium of Heads of Navies and Coastguards in the […]
By Sarafina Christopher Chinese Ambassador to Nigeria Yu Dunhai said the China-Africa trade expo would ensure industrialisation and agricultural mechanisation across Africa. Yu said this in Abuja during the opening ceremony of the China-Africa Economic and Trade Expo (CAETE) Exhibition in Africa (Nigeria). He said trade expositions were crucial platforms for fostering collaboration and innovation, […]
By Rukayat Adeyemi The Nigerian stock market recorded a loss of N209 billion in market capitalisation on Wednesday, as investors reacted negatively to the Central Bank of Nigeria’s (CBN) recent interest rate hike. The Monetary Policy Committee (MPC) of the CBN raised the Monetary Policy Rate (MPR) by 25 basis points to 27.50 […]
Funmilola Gboteku Lagos, Nov. 27, 2024 (NAN) Cube Cover, an insurtech company, says Nigeria’s insurance industry faces a daunting challenge, with only three per cent of its population insured. Its Co-founder, Samuel Ishie, during the company’s brand inauguration on Wednesday in Lagos, said the challenge leaves 218 million Nigerians vulnerable to financial shocks. […]