Latest News
EFCC Recovers N7.8 Million from Benue Investment and Property Company (BIPC)
The Economic and Financial Crimes Commission (EFCC) has successfully recovered N7.8 million in stolen funds from the Benue Investment and Property Company Limited (BIPC).
The Managing Director and Chief Executive Officer of BIPC, Dr. Raymond Asemakaha Jr., confirmed this … Continue Reading
Governor Makinde Signs Deal with Moroccan Firm for Multimillion-Dollar Factory in Oyo State
Governor Seyi Makinde of Oyo State has inked a significant agreement with Africorp Consortium, a Moroccan firm, to establish a multimillion-dollar factory in Ibadan, the state capital.
This move comes after fruitful discussions between the governor and the company’s stakeholders … Continue Reading
Heineken lokpobiri Threatens to Cancel Modular Refineries Licenses Over Performance Concerns
During “The Oil and Gas Sector Retreat 2024” in Abuja, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, issued a stern warning, threatening to revoke licenses of modular refineries if they fail to meet key performance standards.… Continue Reading
UNICEF and Federal Government Collaborate to Enhance WASH Programs Across Nigeria: Assisting 3,000 Schools in 5 Years
The United Nations Children Emergency Fund (UNICEF) has partnered with the Federal Government to provide assistance to thousands of schools over the past five years. Dr. Jane Bevan, UNICEF’s Chief of WASH, revealed this during a recent visit to the … Continue Reading
“Naira will continue to stabilize” – VP Shettima
Vice President Kashim Shettima expressed confidence in the continued stabilization of the Nigerian Naira in the coming weeks and months in an address at the inauguration of the National Design and Innovation Competition held at the Presidential Villa in Abuja. … Continue Reading
KuCoin Users Withdraw Over $1.2 Billion Amidst US Charges
KuCoin, a prominent cryptocurrency exchange, has experienced a significant withdrawal of over $1.2 billion from its platform within the last 24 hours, triggered by a withdrawal frenzy among users following fresh charges leveled against the platform by US … Continue Reading
Nigerian Engineer, Kemisola Bolarinwa Invents Smart Bra for Early Breast Cancer Detection
Kemisola Bolarinwa, a Nigerian robotics and embedded systems engineer, has invented a smart bra capable of diagnosing early-stage breast cancer before symptoms manifest. Bolarinwa unveiled her innovative creation to the world in February 2022, marking a significant milestone in … Continue Reading
Former DSS Director Criticizes Escape of Binance Executive, Calls it National Embarrassment
The escape of Nadeem Anjarwalla, a Binance executive, from custody has sparked controversy and criticism, with former Director of the Department of State Services (DSS), Mike Ejiofor, describing it as a national embarrassment to Nigeria. Ejiofor voiced his concerns … Continue Reading
Abure Re-Elected as Labour Party National Chairman Despite NLC Opposition
Despite facing opposition from the Nigeria Labour Congress (NLC), Julius Abure secured a second term as the National Chairman of the Labour Party, receiving unanimous affirmation from delegates at the party’s national convention held in Nnewi, Anambra State.… Continue Reading
Naira Surges in Value, Sells for N900 Per Dollar in Lagos Black Market
In a recent turnaround, the value of the Nigerian naira has soared in Lagos and Kwara States, trading between N900 and N1,210 per dollar on the black market on Wednesday.
This remarkable increase comes in the wake of actions taken … Continue Reading