Arrest By Desmond Ejibas Troops of the Nigerian Army’s 6 Division have apprehended 43 suspected oil thieves during a coordinated raid on illegal artisanal refineries across Bayelsa, Delta and Rivers states. Spokesman for the division, Lt.-Col. Danjuma Danjuma, disclosed this to journalists in Port Harcourt on Sunday, noting that 14 artisanalContinue Reading
By Olawunmi Ashafa (News Agency of Nigeria) Nigeria is embarking on a transformative journey to reshape its agricultural sector as construction begins on the landmark Special Agro-Industrial Processing Zones (SAPZ) project in Kaduna and Cross River states. This flagship initiative, a key component of the African Development Bank GroupContinue Reading
By Martha Agas The Women Miners in Nigeria (WMIN) has called for strict compliance to Environmental Impact Assessment (EIA) as mandated by law for mining companies before they begin operations. The National President of the association, Mrs Janet Adeyemi, made the call in an interview with the News Agency ofContinue Reading
By Rukayat Moisemhe The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has partnered with the Federal High Court to streamline processes within the insolvency division and enhance the administration of business recovery in the country. BRIPAN President, Mr Chimezie Ihekweazu, disclosed this in a communiqué made available toContinue Reading
By Ginika Okoye United Capital Plc, a pan-African financial and investment services group, has declared N30 billion as Profit Before Tax (PBT) for the 2024 financial year ended December 31, 2024. The shareholders also approved a total dividend payout of N14.4 billion for the 2024 financial year. The shareholders alsoContinue Reading
By Ifeoma Aka The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has declared the 36th Enugu International Trade Fair `toll-free’. This is to enable visitors, exhibitors and prospective buyers to have free access to the Fair. The Director General of ECCIMA, Mr Uchechukwu Mbah, told newsmen on Friday,Continue Reading
By Nathan Nwakamma The Bayelsa Government says its Internally Generated Revenue (IGR) rose from N1.2 billion to N5 billion by February. The Commissioner for Information, Orientation and Strategy, Mrs Ebiuwou Koku-Obiyai, said this on Friday, while giving a breakdown of the state’s revenue profile for January and February. Koku-Obiyai affirmedContinue Reading
By Martha Agas The Mining Marshals have shut down an illegal mining site in the Rafin-Gabas community of Kokona Local Government Area, Nasarawa State. The Minister of Solid Minerals Development, Dr Dele Alake, confirmed this in a statement by his Special Assistant on Media, Segun Tomori, on Thursday in Abuja.Continue Reading
By Rukayat Moisemhe International Breweries Plc (IBPLC), has reaffirmed its commitment to sustainability through innovative water conservation initiatives to commemorate the world water day. The Managing Director, IBPLC, Carlos Coutino, on Thursday in Lagos, said the company hosted a series of impactful activities across its four breweries in Nigeria toContinue Reading
By Rukayat Moisemhe and Taiye Olayemi Nigerian Breweries Plc says it generated N1.1 trillion in revenue for the financial year ended December, 2024. The company’s Managing Director, Hans Essaadi, disclosed this at the company’s pre-annual general meeting media briefing on Thursday in Lagos. According to Essaadi, the N1.1 trillion revenueContinue Reading
