BOI launches RAPID initiative to empower rural businesses

By Rukayat Moisemhe The Bank of Industry (BOI) has introduced the Rural Area Programme on Investment and Development (RAPID), which aims to empower youth and women-led businesses in underserved regions. RAPID is to provide capital and opportunities to rural communities, in addressing challenges like rural-urban migration. The Managing Director ofContinue Reading

FG inaugurates 3 gas infrastructure in Delta, Imo to boost economy

By Lucy Ogalue The Federal Government on Wednesday inaugurated three critical gas infrastructure projects in Imo and Delta to drive the country’s gas sector. President Bola Tinubu, while inaugurating the projects virtually, expressed delight and congratulated Nigerians for the achievements recorded within months of his administration. The News Agency ofContinue Reading

FG begins 2024 oil block bidding round

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday announced the commencement of the 2024 oil block licensing round. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, announced this at the Miami, Florida International Roadshow for the 2024 licensing round, hosted by the NUPRC, in collaboration with PetroleumContinue Reading

Lawmaker urges FG to penalise employers for paying salaries in foreign currencies

By Deborah Coker Sen. Ned Nwoko (PDP-Delta), on Tuesday called on the Federal Government to impose charges on employers who pay their workers in foreign currencies. Nwoko, who represents Delta North at the National Assembly, said this in an interview with the News Agency of Nigeria (NAN) in Abuja. HeContinue Reading

1st anniversary: Group rallies support for Tinubu’s administration

By Aderogba George The Frontier for Accountability and Democracy Development (FADD) has urged Nigerians to continue to give President Bola Tinubu’s administration the needed support to succeed. FADD is a coalition of Civil Society Organisations which has diligently followed the trajectory of service delivery of Tinubu’s administration since inception. MrContinue Reading

TotalEnergies launches 100 entrepreneurs for 2024 Startuppers Challenge

By Rukayat Adeyemi TotalEnergies Nigeria has launched the 2024 Startuppers Challenge, which aims to reward 100 entrepreneurs across 32 African countries. The Managing Director of TotalEnergies Marketing Nigeria Plc, Dr Samba Seye, announced this at the virtual launch of the fourth edition of the challenge on Thursday. According to him,Continue Reading

Lekki residents mourn Mbelu, VGC chair

By Rukayat Moisemhe Lekki residents and stakeholders have paid tributes to the late Chairman, Victoria Garden City Property Owners Residents Association (VGCPORA), Mr Gihan Mbelu. They described him as a community developer, an environmental sustainability enthusiast, a visionary leader with deep passion and commitment of youth development and community advancement.Continue Reading