By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) says recapitalisation of Nigerian banks is crucial to the march towards achieving a one-trillion-dollar economy. CBN’s Deputy Governor, Corporate Services, Emem Usoro, said this on Monday in Abuja, at the ongoing 36th edition of the Finance Correspondents Association of Nigeria (FICAN).Continue Reading
By Ehigimetor Igbaugba The Federal Government on Monday inaugurated the construction of the 65 Kilo Metre Section 3A and 3B of the Lagos-Calabar Coastal Road at Akamkpa Local Government Area of Cross River. The Minister of Works, Chief Dave Umahi, inaugurated the three-lane dual carriageway in company of the CrossContinue Reading
By Deborah Coker, News Agency of Nigeria (NAN) Recently, the Federal Executive Council (FEC) directed the full implementation of the Naira-for-Crude policy for local refiners. The Naira-for-Crude policy, introduced in 2024, entails the sale of crude oil to domestic refineries– Dangote Refinery and others in naira instead of U.S. dollars.Continue Reading
By Felicia Imohimi Dr Bukar Usman, former Permanent Secretary in the presidency, has commended the Bura Women Development Association (BUWDA) for successfully establishing a skill acquisition centre in Marama, Hawul Local Government Area, Borno State. Usman, President of the Bukar Usman Foundation and President of the Nigerian Folklore Society (NFS),Continue Reading
By Christian Njoku Ms Dede Ekoue, the Country Director, International Fund for Agricultural Development (IFAD) says Cross River is driving transformational impact in its project in Nigeria. Ekoue said this on Monday during the inauguration and hand-over of open market stalls, toilet and solar powered borehole in Uruandung Community, AkpabuyoContinue Reading
By Ahmed Abba The Federal Government on Monday inaugurated the first phase of the 400KW Solar Photovoltaic (PV) Power Plant at the Yobe State University Teaching Hospital in Damaturu. The Minister of Power, Chief Adebayo Adelabu, said the project was aimed at boosting healthcare delivery and promoting renewable energy inContinue Reading
By Vivian Ahanmisi Tokyo 2020 paralympic bronze medallist Olufemi Alabi secured Nigeria’s first gold medal at the ITTF World Para Future in Amman, Jordan, on Sunday. Paris 2024 bronze medallist Isau Ogunkunle is leading Nigeria’s medal push at the three-day tournament in Jordan. The Nigerian contingent includes five men andContinue Reading
By Salif Atojoko The Presidency says it has observed the increasing number of billboards in some cities promoting the 2027 campaign for President Bola Tinubu and Vice President Kashim Shettima. “Worth noting is that some of these billboards with pictures of the President and his wife, Sen. Oluremi Tinubu, emblazonedContinue Reading
By Toba Ajayi Pastor Joseph Omorinoye, General Overseer of House of Prayer Assembly (Basilica) Ilorin, on Sunday distributed 1,000 bags of 10kg rice to church members. Speaking during the Palm Sunday Service, Omorinoye said that the rice was a gift for Easter and also to cushion the effect of theContinue Reading
By Stanley Nwanosike The National Directorate of Employment (NDE) says it recently concluded the nationwide resettlement of 5,532 beneficiaries trained in various skills under its Renewed Hope Employment Initiative. The Director-General of NDE, Dr Silas Agara, said this on Sunday during the NDE Special Day at the ongoing 36th EnuguContinue Reading
