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BUSINESS

FG plans over $3tn for energy transition

The Minister of State for Petroleum Resources (Oil), Dr Heineken Lokpobiri, has disclosed that Nigeria will spend a total sum of $3.1tn to transit from fossil fuel to cleaner and renewable energy. Lokpobiri said the nation had projected $1.9tn for energy transition plan, while $1.2tn was estimated for renewable energy plan in 2060, making a sum of $3.1tn altogether. He made this known at the 54th Annual Meeting of the […]

todayJanuary 19, 2024 70

NEWS

Public outrage grows as kidnapping epidemic worsens

Outrage over the rising insecurity in the country grew on Thursday as stakeholders demanded tough actions by the Federal Government against kidnappers. Those who advised the Federal Government on the kidnapping epidemic included the Supreme Council for Sharia, South-South governors, residents of affected communities, and the National Association of Nigeria Students. Abductions, which were previously restricted to the North-West, have in recent times spread to other parts of the country […]

todayJanuary 19, 2024 70

BUSINESS

Foreign airlines repatriate N795bn in six months – CBN report

Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at N451/$) in the first and second quarters of 2023. Total credit to the Balance of Payment account from airline travel was $19.39m (N8.75bn). The amount on the debit side of the balance […]

todayJanuary 19, 2024 64

BUSINESS

Army uncovers Rivers illegal reservoirs with N3m stolen crude

Addressing newsmen, he said, “You can see that this place is in a deep forest even if you are using helicopters and military drones you will not be able to see what we actually saw here on the ground. Credible intelligence led us to this location. “We have discovered so many illegal activities. As you can see, we have seen reservoirs that can contain upwards of 200, 0000 litres of […]

todayJanuary 19, 2024 11

NEWS

Five most anticipated elections of 2024

2024 will turn out to be one of the years with busiest elections in recent times as a larger per cent of the population in the world will be electing their leaders. No fewer than 30 countries will elect presidents while 20 elect their parliament. Observers alert of risk in places of disinformation and manipulation of the process through the use of artificial intelligence. Below is a list of five […]

todayJanuary 19, 2024 15

NEWS

Policemen not permitted to search citizens’ phones – Lagos CP

The Lagos State Commissioner of Police, Fayoade Adegoke, has said that no police officer is permitted to search the phones of any Nigerian. He noted that the Police Force had a cyber section responsible for that, adding that if a police officer suspected anything, they would take the person to the station so the phone could be searched. A Sunday statement by the management of Melody FM, 107.7FM, signed by […]

todayJanuary 15, 2024 5

NEWS

Woman arraigned over alleged threat to kill bizman

The police on Friday arraigned a woman, Folashade Olalude, before the Ebute-Metta Chief Magistrate Court over alleged cyberbullying and threat to kill a businessman. The defendant who was arraigned before Chief Magistrate Olwatosin Fowowe-Erusiafe is facing four counts bordering on conspiracy, intent to steal, cyberbullying and threat to kill, preferred against her by the police. The prosecutor, Mr. Henry Obiazi, told the court that the defendant and others now at […]

todayJanuary 15, 2024 46

BUSINESS

Deputy Speaker plans six-month peace project for S’East

A not-for-profit organisation, the Peace in South East Project, has unveiled a six-month action plan geared towards implementing its eight pillars of thematic focus to bring about peace in the region an initiative of the Deputy Speaker of the House of Representatives, Benjamin Kalu, is an intervention strategy with a focus on the use of non-kinetics means to address the security challenges in the South-East zone. Unveiled on December 29, […]

todayJanuary 15, 2024 57

NEWS

Step-by-step guide to register for 2024 JAMB DE exam

The Joint Admission and Matriculations Board has commenced the 2024/2025 Universal Tertiary Matriculation Examinations registration process for all interested candidates across the country. Following the announcement, JAMB rolled out the registration process for interested candidates across the country. The JAMB Registrar, Ishaq Oloyede, during a meeting with media executives in Lagos State on Sunday, said that measures have been put in place to ensure a smooth exercise for all interested […]

todayJanuary 15, 2024 44

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