bridging information and transformation
The Central Bank of Nigeria (CBN) has assured Nigerians of adequate supply of banknotes to meet the expected surge in demand during the forthcoming yuletide season. The assurance was given on Wednesday at the flag-off ceremony of a nationwide roadshow sensitisation campaign on proper naira note handling, organised by the apex bank. CBN’s deputy governor […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially cancelled the sale of TotalEnergies’ $860 million asset portfolio due to Chappal Energies’ failure to fulfil its financial commitments under the transaction. This development introduces significant uncertainty into the ownership and operational future of critical oil and gas licences previously held by TotalEnergies. The sale agreement, […]
The Lagos Commodities and Futures Exchange (LCFE) has listed Eko Rice Classic Contracts valued at N23.4 billion, marking a major milestone in the transformation of Nigeria’s agricultural and commodities sectors. A total of 3,000 contracts were listed at an initial price of N60,000 each, appreciating by 10 per cent to N66,000 at the close of […]
A firm, Nexamont Company Limited, has acquired a 21.4 per cent equity stake in Royal Exchange Plc. In a corporate disclosure from the company secretary, OOT Nominees, which was filed on the Nigerian Exchange Limited, Nexamont, had acquired the stakes via the second market. According to its half-year report, Nexamont held a 19.08 per cent […]
The Hazras Charity Foundation (HCF), in partnership with Muslims Aid Australia International (MAA) in Nigeria, has distributed 800 food packs to households affected by recent flooding in Mokwa local government area of Niger State. The intervention, sponsored by MAA International, targeted the most vulnerable groups, including widows, orphans, internally displaced persons, and low-income families. Each […]
Nasarawa State governor, Engr Abdullahi Sule, has mourned the passing of a former deputy governor of the state, Senator Solomon Ewuga. The late Ewuga, a former Nigerian minister of State for the Federal Capital Territory (FCT), died on Tuesday from an undisclosed illness at the age of 70. In a statement he signed yesterday, Governor […]
Fourteen shops were destroyed by fire yesterday at Ogundipe Market, Ibadan, Oyo State. The special adviser on Fire Reform/chairman of the Fire Services Agency, Moroof Adebayo Akinwande, who confirmed the incident, said the fire emergency call was received through telephoning at exactly 03:50hrs on Wednesday, and that shops were on fire at the above address. […]
Oyo State government, through the Rural Water Supply and Sanitation Agency (RUWASSA), in collaboration with the United Nations Children’s Fund (UNICEF), has reaffirmed its commitment to strengthening policies, institutional frameworks and capacity building to accelerate access to inclusive and sustainable Water, Sanitation, and Hygiene (WASH) services in the state. The commitment was renewed at a […]
Advisory Board of The Nigeria Prize for Science has announced that no winner emerged for the 2025 edition, following the judges’ dissatisfaction with the quality of entries received. At a press briefing in Lagos, Prof. Barth Nnaji, chairman of the advisory board, explained that after a rigorous adjudication of the 112 entries submitted this year, […]
Lagos State government, in partnership with the Federal Ministry of Health and the National AIDS and STIs Control Programme (NASCP), has concluded plans to conduct a comprehensive HIV impact survey targeting approximately 11,397 residents across the state’s 20 local government areas (LGAs). The initiative, known as the Nigeria State-Level Antiretroviral Therapy (ART) Impact Survey (AIS), […]