eagles news

NEWS

LG poll: Kaduna electoral commission releases screening timetable

The Kaduna State Independent Electoral Commission has presented a timetable for the screening exercise for councillors and chairmanship candidates ahead of the local government election slated for October 19, 2024. This is contained in a timetable signed by Mrs Hajara Mohammed, Chairman of the Commission, issued in Kaduna on Friday. […]

todaySeptember 6, 2024 4

BUSINESS

Indications emerged on Thursday that the planned July 1, 2021 review of the various electricity tariffs in Nigeria had been stalled following concerns around low power generation by the sector

Indications emerged on Thursday that the planned July 1, 2021 review of the various electricity tariffs in Nigeria had been stalled following concerns around low power generation by the sector. It was gathered that gas constraints to gas-fired power generation plants and the reduced water level needed by hydropower stations had impacted negatively on electricity generation in the past three months. Industry officials from the Federal Ministry of Power, Nigerian […]

todayJuly 2, 2021 11

BUSINESS

The country’s external reserves maintained a downward trend as it lost $905.5m in June, figures obtained from the Central Bank of Nigeria showed on Thursday.

The country’s external reserves maintained a downward trend as it lost $905.5m in June, figures obtained from the Central Bank of Nigeria showed on Thursday. According to the CBN’s data on the movement of reserves, the reserves fell to $33.32bn as of the end of June 30 from $34.23bn on May 31. The reserves stood at $34.88bn at the end of April 30. Financial experts have expressed the need for […]

todayJuly 2, 2021 14

BUSINESS

The Senate on Thursday passed the Petroleum Industry Bill and approved that three per cent of profit made by oil firms should be shared to host communities.

The Senate on Thursday passed the Petroleum Industry Bill and approved that three per cent of profit made by oil firms should be shared to host communities. The upper chamber passed the PIB, 2021 after the clause by clause consideration of the report of its joint committee on Petroleum Upstream, Downstream and Gas on PIB. Lawmakers from the South-South geopolitical zone however protested against the three per cent approved for […]

todayJuly 2, 2021 29

BUSINESS

The Organisation of the Petroleum Exporting Countries and its allies appear set to increase their combined oil production by about two million barrels per day from August to December to meet recovering global oil demand.

The Organisation of the Petroleum Exporting Countries and its allies appear set to increase their combined oil production by about two million barrels per day from August to December to meet recovering global oil demand. Ministers from OPEC and their allies, a group known as OPEC+, began online meetings on Thursday. The alliance’s joint committee, which includes Saudi Arabia and Russia, recommended the group should add 400,000 bpd each month […]

todayJuly 2, 2021 28

NEWS

Army to embark on free medical outreach programme as COAS plans low- key Army Day Celebration

Army to embark on free medical outreach programme as COAS plans low- key Army Day Celebration   The Nigerian Army has stated its readiness to embark on medical outreach programme beginning from Monday July 5th, 2021 during which inhabitants of some selected communities around the country will benefit from free medical services.   The Chief of Army Staff, Major General Farouk Yahaya disclosed this while briefing Defence Correspondents at the […]

todayJuly 2, 2021 43

ENTERTAINMNET

Nollywood actor, Femi Adebayo, has reacted to the rising issues in the Theatre Arts and Movie Practitioners Association of Nigeria as the group recently sanctioned two Nollywood actresses — Iyabo Ojo and Nkechi Blessing.

Nollywood actor, Femi Adebayo, has reacted to the rising issues in the Theatre Arts and Movie Practitioners Association of Nigeria as the group recently sanctioned two Nollywood actresses — Iyabo Ojo and Nkechi Blessing. Reacting to the issue, Adebayo stated that the matter would soon be resolved. He made this known in a video he shared on his Instagram page on Wednesday. Days ago, TAMPAN had sent a stern warning […]

todayJuly 1, 2021 101

NEWS

Communities recounted ordeals on the Abuja-Lokoja Highway project place at N42.3billion; blamed FG for the slow road construction

Communities along the Abuja-Lokoja Highway have blamed indigenous contractors and federal agencies for the slow pace of construction work on the 196-kilometre road project put at N42.3billion at inception 18 July, 2006. The communities lamented the lingering deplorable condition of the road and the snail-speed approach to the project awarded by the Olusegun Obasanjo administration with a 30-month completion span. They said the project had not only become a death-trap […]

todayJuly 1, 2021 69 2

ENTERTAINMNET

Singer Burna Boy has won the award for Best International Act at the 2021 BET Awards show held last night at the Microsoft Theater in Los Angeles.

Singer Burna Boy has won the award for Best International Act at the 2021 BET Awards show held last night at the Microsoft Theater in Los Angeles. The singer beat fellow Nigerian, Wizkid, and Diamond Platnumz from Tanzania to the award. This is the third win in the category for the “African Giant” singer who took home the award in 2019 and 2020. Chris Brown won Best Male R&B and […]

todayJune 28, 2021 52

BUSINESS

Vice President Yemi Osinbajo has declared that Nigeria will play a critical role with other gas exporting countries to stop the defunding of gas and fossil fuel projects in developing countries.

Vice President Yemi Osinbajo has declared that Nigeria will play a critical role with other gas exporting countries to stop the defunding of gas and fossil fuel projects in developing countries. This was the highlight of a virtual meeting on the subject presided over by the Vice President, with other top Federal Government officials in attendance. Osinbajo’s Spokesman, Laolu Akande, disclosed this in a statement on Friday. Recall that President […]

todayJune 25, 2021 18

BUSINESS

The nation’s debt-to-Gross Domestic Product ratio.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Director General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, on Wednesday, differed on the nation’s debt-to-Gross Domestic Product ratio. While Ahmed put the debt-to-GDP ratio at 29 per cent, Okojo-Iweala said it had risen to 35 percent. Both the minister and the WTO boss spoke at the African Development Bank High Level Knowledge Event with the theme: […]

todayJune 24, 2021 27

NEWS

Zamfara State has the highest number of the poor and vulnerable people in Nigeria, with a record of 3,836,484 people from 825,337 households, according to data from the National Social Registry.

Zamfara State has the highest number of the poor and vulnerable people in Nigeria, with a record of 3,836,484 people from 825,337 households, according to data from the National Social Registry. The Communications Manager of the National Social Safety-Net Coordinating Office, Joe Abuku, made the data available through email in response to enquiries made by our correspondent. NASSCO was established in 2016 through a partnership between the Federal Government and […]

todayJune 23, 2021 68

BUSINESS

The President, Muhammadu Buhari, inaugurated on Tuesday the National Steering Committee of the National Poverty Reduction with Growth Strategy, chaired by Vice-President Yemi Osinbajo.

The President, Muhammadu Buhari, inaugurated on Tuesday the National Steering Committee of the National Poverty Reduction with Growth Strategy, chaired by Vice-President Yemi Osinbajo. He said this re-echoed his commitment to lifting 100 million Nigerians out of poverty in 10 years, with a well-researched framework for implementation and funding. The Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a statement on Tuesday titled, ‘President Buhari inaugurates steering committee on poverty reduction, establishes private equity […]

todayJune 23, 2021 20

BUSINESS

Investors lost N360bn on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited as the stock market extended its decline.

Investors lost N360bn on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited as the stock market extended its decline. The NGX All-Share Index fell by 1.81 per cent to close at 37,847.07 basis points from 38,545.3bps on Monday, while the market capitalisation dropped to N19.73tn from N20.09tn. A total of 218.27 million shares valued at N2.73bn were traded by investors in 3,524 deals, compared […]

todayJune 23, 2021 12

BUSINESS

Private jet owners risk having their airplanes impounded by the Nigeria Customs Service if they fail to verify their documents before July 6, 2021 when a month grace period would have expire

Private jet owners risk having their airplanes impounded by the Nigeria Customs Service if they fail to verify their documents before July 6, 2021 when a month grace period would have expired. The Public Relations Officer of NCS, Joseph Attah, disclosed this on Monday in Abuja at a media briefing to update the public on the ongoing audit of privately-owned aircraft operating in Nigeria. Attah said, within two weeks into […]

todayJune 22, 2021 11

BUSINESS

Nick Cannon is expecting his 7th child with his WildNOut co-star, Alyssa Scott.

Nick Cannon is expecting his 7th child with his WildNOut co-star, Alyssa Scott. This confirmation comes less than a week after Nick welcomed twins with Abby De La Rosa. Alyssa Scott posted a maternity photo on her Instagram story on Father’s Day with Nick Cannon cradling her baby bump. This posts confirms the rumors that began a few weeks ago after Scott posted a maternity photo with her unborn child’s […]

todayJune 21, 2021 21

BUSINESS

Actress, Damilola Adegbite, has advised single mothers to allow their kids to have access to their dads.

Actress, Damilola Adegbite, has advised single mothers to allow their kids to have access to their dads. In commemoration of the Father’s Day celebration on Sunday, the actress took to Instagram to address single mothers about the involvement of a father in their children’s lives. She said There are three categories of single mothers: the ones whose children’s fathers cannot be in their life (maybe dead, incarcerated etc.); the ones […]

todayJune 21, 2021 17

BUSINESS

The World Bank has said Nigeria is likely to make N462bn the electronic money transfer levy as a source of stable revenue in 2021.

The World Bank has said Nigeria is likely to make N462bn the electronic money transfer levy as a source of stable revenue in 2021. The multilateral institution said this in its ‘Resilience through Reforms’ report. According to the report, the EMT levy was introduced in the Finance Act 2020, which amended the Stamp Duty Act and taps into the growth in electronic funds transfer in Nigeria, and can be administered […]

todayJune 21, 2021 26

BUSINESS

Investors in the Nigerian stock market lost N270bn last week as 25 equities recorded price declines.

Investors in the Nigerian stock market lost N270bn last week as 25 equities recorded price declines. The Nigerian Exchange Limited All-Share Index and market capitalization depreciated by 1.30 per cent to close the week at 38,648.91 basis points and N20.14tn respectively. All other indices finished higher with the exception of NGX ASI, NGX-Main Board, NGX MERI Growth and NGX Industrial Goods, which depreciated by 1.30 per cent, 3.26 per cent, […]

todayJune 21, 2021 19

NEWS

The Vice President, Yemi Osinbanjo, has said the federal government will continue to invest in support services that protect children affected by violence.

The Vice President, Yemi Osinbanjo, has said the federal government will continue to invest in support services that protect children affected by violence. Speaking at the National Dialogue on Violence Against Children held on Thursday in Abuja, Prof. Osinbajo stressed that children should be able to report incidents of violence and services will be available to them. Correspondent, Elizabeth Adetoro, has the details. The Vice President said the Government will […]

todayJune 18, 2021 8

BUSINESS

Nigeria earned $34.22bn from the oil and gas sector in 2019, the Nigeria Extractive Industries Transparency Initiative said on Thursday.

Nigeria earned $34.22bn from the oil and gas sector in 2019, the Nigeria Extractive Industries Transparency Initiative said on Thursday. It said this in its 2019 Oil and Gas Industry Audit report released in Abuja, adding that the $34.22bn revenue represented an increase of 4.88 per cent over the $32.63bn garnered from the sector in 2018. A breakdown of the earnings showed that payments by companies accounted for $18.90bn, while […]

todayJune 18, 2021 17

Share this:

Like this:

Like Loading...
0%