Africa
News stories from Africa…
Borno state Governor Allocates N100M Grants to Residents
Borno State Governor, Babagana Umara Zulum, has launched a comprehensive aid program aimed at providing essential support to vulnerable residents across several local government areas in the state. The initiative, which includes the distribution of food items and cash … Continue Reading
Nigerian Wrestlers Aim for Olympic Qualification in Egypt
The Nigerian wrestlers have embarked on a journey to Alexandria, Egypt, where they will compete in the African Championships and Olympic qualifiers. Departing from Ghana, the team is brimming with … Continue Reading
Federal High Court Orders Binance to Provide Data on Nigerian Traders to EFCC
The Federal High Court sitting in Abuja has issued an interim order directing Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with comprehensive data about individuals from Nigeria engaged in trading on its platform.
The order, … Continue Reading
Port harcourt refinery starts next two weeks – kyari
The Nigerian National Petroleum Company Ltd (NNPCL) has announced the receipt of 450,000 barrels of crude oil for processing at the Port Harcourt Refinery. The disclosure came during a session with the Senate Ad-hoc Committee on Investigation of Turn Around … Continue Reading
Transportation Minister Signs MoU For Railway Project To Connect four States
The Minister of Transportation, Senator Said Ahmed Alkali, has signed a Memorandum of Understanding (MoU) on behalf of the Federal Ministry of Transportation with Messrs MPH Rail Development (UK) Limited for the construction of a railway line linking Port … Continue Reading
World Trade Organization WTO Launches $1.2 Million Trade Development Facility in Nigeria
The World Trade Organization (WTO) has officially inaugurated a $1.2 million standards trade development facility in Nigeria. This global initiative aims to empower developing countries, particularly Nigeria, in bolstering food safety and ensuring the health of animals and plants through … Continue Reading
CBN Allocates 2.15 Million Bags of Fertilizer Worth Over N100 Billion to Boost Food Production in Nigeria
The Central Bank of Nigeria (CBN) has allocated 2.15 million bags of fertilizer valued at over N100 billion to the Federal Ministry of Agriculture and Food Security. This allocation aims to support farmers nationwide and mitigate the challenges … Continue Reading
Nigeria’s Revenue Soars to N2.33 Trillion in Q4 2023
Nigeria’s economic landscape witnessed a significant upswing in the fourth quarter of 2023, with the country recording a remarkable total revenue of N2.33 trillion from Company Income Tax (CIT) and Value Added Tax (VAT). The National Bureau of Statistics (… Continue Reading
NNPC Reveals 9,000 Pipeline Vandalism In One Year
The Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), Dr Mele Kyari, disclosed on Wednesday that the corporation had encountered a staggering 9,000 vandalism on its pipelines within the span of one year.
Speaking before the House … Continue Reading
CBN Clarifies Fertilisers Donation to Agriculture Ministry
Central Bank of Nigeria Offers Support to Boost Agricultural Production
The Central Bank of Nigeria (CBN) clarified its stance on real sector interventions by donating 2.15 million tonnes of assorted fertilisers, valued at over N 100 billion, to the … Continue Reading