News
Maersk Denies $600 Million Deal with Nigerian Government
Danish shipping and logistics company, Maersk, has refuted claims by the Nigerian Presidency that it has secured a $600 million investment deal for Nigerian ports. According to Lloyd’s List, Maersk officials confirmed that no such agreement is in place, … Continue Reading
Federal Government Approves Salary Increase for Civil Servants and Pensioners
The Federal Government of Nigeria has given the green light for a salary increase ranging from 25% to 35% for civil servants across the remaining six Consolidated Salary Structures. This increment follows previous raises granted to those in the Tertiary … Continue Reading
FBI: how 7 Nigerian pickers in U.S. Laundered $8 million scam proceeds to Yahoo Boys in Lagos
Seven Nigerian men have been charged by the U.S. Federal Bureau of Investigation (FBI) with wire fraud and money laundering conspiracy for their involvement in romance scams. Acting as middlemen, they allegedly received $8 million in proceeds from victims of … Continue Reading
House of Representatives Directs NERC to Suspend New Electricity Tariff Implementation
the House of Representatives has instructed the Nigeria Electricity Regulatory Commission (NERC) to halt the implementation of the new incremental tariff on Band A customers.
This decision was reached during a plenary session on Tuesday, following the adoption … Continue Reading
Lagos Government Approves N849.6 Million Scholarships and Bursaries for 10,066 Students
The Lagos State Government has approved and disbursed N849,555,000 in scholarships and bursaries to 10,066 students in its tertiary institutions.
This was announced by the Commissioner for Tertiary Education, Mr. Tolani Sule, at the 2024 Ministerial Briefing on Tuesday.… Continue Reading
Minister of Power Warns of Possible Blackout Without Electricity Tariff Hike
Adebayo Adelabu, the Minister of Power, has issued a stark warning, stating that failure to increase electricity tariffs could result in nationwide power outages. Adelabu’s remarks come in the wake of the Nigeria Electricity Regulatory Commission’s (NERC) recent approval of … Continue Reading
NNPCL Announces Kaduna Refinery to Resume Production at 60% Capacity by December 2024
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the Kaduna Refining and Petrochemicals Company (KRPC) will resume production at 60% capacity by December 2024, after years of being shut down due to lack of maintenance.
According … Continue Reading
Nigeria’s super falcons Goalkeeper, Chiamaka Nnadozie wins best goalkeeper in france
Chiamaka Nnadozie, the Nigerian international goalkeeper, has made headlines by becoming the first African and Nigerian player to clinch the title of the best goalkeeper in the French D1 Arkema (women’s league). The 23-year-old’s outstanding performance throughout the season, particularly … Continue Reading
Emefiele collected $600,000 Cash As Kickback From Contractors – Ex-CBN Director Confesses
John Ikechukwu Ayoh, a former director at the Central Bank of Nigeria (CBN), has leveled serious allegations against the embattled former governor of the apex bank, Godwin Emefiele. Ayoh made these claims while testifying in an ongoing case of … Continue Reading
UNIBEN Suspends Students’ Union Activities Indefinitely
The University of Benin (UNIBEN) has suspended the students’ union government indefinitely, effective from Monday, April 29, 2024. This decision was announced in a letter to the university community by the Registrar, Mr. Ademola Bobola, on Tuesday in … Continue Reading