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66 Results / Page 4 of 8
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BUSINESS

Dangote refinery gets valid operating licence soon – FG

The Federal Government, on Tuesday, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery. It announced this at the  Stakeholders’ Consultation Forum on Midstream and Petroleum Host Community Development Trust Regulations organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in Abuja. The NMDPRA, an agency of the Federal Government, however, explained that though it had […]

todayMay 1, 2024 24

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BUSINESS

Minimum wage may not be less than N100,000 – Economist

Chief economist at SPM Professionals, Paul Alaje, shares his thoughts with AYOOLA OLASUPO on some of the recent economic policies made by the Federal Government among others Recently, the Central Bank of Nigeria increased Nigeria’s Monetary Policy Rate known as interest rate from 22.75% to 24.75%. What implications will this have on the private sector? What do you think of the Central Bank of Nigeria stimulating this programme at this point? I […]

todayApril 29, 2024 13

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NEWS

Even airport puff-puff sellers claim to be aviation experts in Nigeria – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo, has said that when it comes to aviation matters, everyone, including puff-puff sellers at the airport, has a say. Keyamo disclosed this when he appeared on Channels Television’s Politics Today to speak on Nigerian Civil Aviation Authorities’ action over the health status of Dana Airline on Thursday. The PUNCH had earlier reported that the NCAA suspended the Air Operator Certificate of Dana […]

todayApril 26, 2024 15

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ENTERTAINMNET

My music will give hope to the hopeless — Meme Rise

A gospel artiste, Meme Umukoro, aka Meme Rise, has expressed confidence that her music will give hope to the hopeless. The singer, who is signed to SG Musik, said “I see my music making great impact, because the hand of the Lord is upon it. Anybody who listens to my music will feel God’s presence .When we pray and meditate, God impresses things on our spirit. By God’s grace, my […]

todayApril 15, 2024 10

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ENTERTAINMNET

Jumoke Aderounmu planned relocating to UK due to job scarcity — Brother

Adeola, the younger brother to a recently deceased actress, Jumoke Aderounmu, popularly known for her role of Esther in popular sitcom, ‘Jenifa’s Diary’, has said that deceased was actually planning on relocating to the United Kingdom before her demise. Speaking in an interview with Saturday Beats, Adeola noted that Jumoke wanted to relocate to UK, because she was not getting movie roles. On why he did not reach out privately to popular […]

todayApril 15, 2024 20

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ENTERTAINMNET

Bobrisky treated as normal inmate – NCS officials

Controversial crossdresser, Idris Okuneye, aka Bobrisky, who was handed a six-month prison sentence over naira abuse, currently shares the same cell with male inmates at the Ikoyi Custodial Centre. Justice Abimbola Awogboro of the Federal High Court in Lagos, while sentencing the convict, on Friday, April 12, 2024, said the judgment would be a deterrent to others who are found abusing and mutilating the naira. Bobrisky who was taken into […]

todayApril 15, 2024 11

NEWS

External reserves drop by $950m in 17 days — CBN report

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up efforts aimed at defending the naira. On March 18, 2024, the FX reserves stood at $34.45bn, but by April 3, it had dropped to $33.50bn, based on the latest data from the CBN. Before the current decline, the reserve had been steadily growing, witnessing a remarkable […]

todayApril 8, 2024 31

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BUSINESS

Naira crash pushes raw material imports to N3tn – NBS report

Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of Statistics. The major raw materials imported during the period included cane sugar, other lubricating oils meant to be mixed further, preparations of milk containing vegetable fats and oils, mixtures of odoriferous substances, sheets for veneering, among others. Conversely, Nigeria […]

todayApril 5, 2024 5

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NEWS

141 terror cases, 214 kidnappings recorded in eight weeks – IG

The Inspector-General of Police, Olukayode Egbetokun, on Thursday, said 141 terror cases, 214 kidnappings and 537 homicide cases were reported to the police in the last eight weeks. Egbetokun added that 3,685 suspects were apprehended for their participation in various crimes, while 401 kidnap victims were rescued. Egbetokun said this while fielding questions from journalists at the Nigeria Police Force Headquarters, Louis Edet House, Abuja. He said, “I am pleased […]

todayApril 5, 2024 9

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