Revamped Edo Line Set to Resume Operations on June 27, Governor Okpebholo Announces The Edo State-owned transport company, Edo Line (officially known as New Edo Line Nigeria Limited), is set to resume full operations on June 27, 2025. This highly anticipated announcement was made by Governor Monday Okpebholo during an inspection tour of ongoing projects […]
Electronic Call-Up System Delivers Sanity to Ports, AMTO Declares Confidence in Gridlock Solution The Association of Maritime Truck Owners (AMATO) has strongly endorsed the electronic call-up system, known as “Eto,” introduced by the Nigerian Ports Authority (NPA), asserting its effectiveness in significantly tackling the perennial gridlock that plagued the Apapa and Tin-Can port access roads. […]
National Boundary Commission Embraces Drone Technology to Enhance Border Management The National Boundary Commission (NBC) has announced the integration of drone technology into its operations to bolster the management and security of Nigeria’s borders. This initiative is part of a broader strategy to modernize boundary delineation and monitoring processes across the country. Director-General Adamu Adaji […]
Nigeria Steps Into Leadership Role to Electrify Africa by 2030 – Speaker Abbas Speaker of the House of Representatives, Hon. Abbas Tajudeen, has declared Nigeria’s ambition to lead Africa’s clean energy transformation, revealing a bold target to help deliver electricity to 300 million people across the continent by 2030. Delivering a keynote address at the […]
The Nigerian Electricity Regulatory Commission (NERC) has granted permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others for mini-grid electricity generation. In the first quarter of 2024, NERC issued nine new off-grid generation licenses with a total capacity of 109.69 megawatts, along with three new trading licenses. According to […]
Minister of Information and National Orientation, Mohammed Idris The Minister of Information and National Orientation, Mohammed Idris, announced that President Bola Tinubu’s administration has established the framework to create three million jobs for Nigerian youth through the Three Million Technical Talent Programme (3MTT). This was revealed in a statement by the Minister’s Special Assistant on […]
The Central Bank of Nigeria (CBN) has detailed its ongoing interactions and regulatory measures for financial technology companies (fintechs). CBN Governor Olayemi Cardoso provided this explanation during a press briefing in Abuja yesterday, where he announced a new interest rate. To combat inflation and stabilize prices, the CBN raised its benchmark interest rate, the Monetary […]
Federal Government Plans to End Electricity Subsidy for 15% of Consumers The Federal Government has unveiled intentions to eliminate electricity subsidies for 15% of consumers, aiming to trim its hefty N3.3 trillion expenditure and save approximately N1.1 trillion annually. This announcement was made by Bayo Onanuga, the President’s Special Adviser on Information and Strategy, to […]
Minister of Transportation, Saidu Alkali Federal Government Orders Rail Line Connection to Port Harcourt and Onne Ports The Federal Government has instructed the linking of the Port Harcourt-Aba rail line, currently in the final stages of construction, to the Port Harcourt and Onne Ports in Rivers State to facilitate freight operations. Senator Saidu Alkali, the […]
The facility spans a total floor area of 2,485 square metres.President Buhari inaugurates N21bn specialized intensive care facility for VIPs; accompanied by First Lady Aisha Buhari and government officials at the State House Medical Centre in Abuja. New N21bn facility offers specialized intensive care for president, vice-president, immediate families, and VIPs. Spans 2,485 sqm, […]
The Nigerian Communications Commission (NCC) has revealed numerous online fraud methods that can defraud traders and the general public. Traders have been cautioned by the commission to be cautious of various online strategies that target them for fraudulent activities. These revelations were made by the commission during its telecom consumers sensitization program, titled “Shine Your […]
President Buhari launches Kashimbila multipurpose dam, announces readiness of Zungeru and Dadinkowa power plants for inauguration. President Muhammadu Buhari has inaugurated the Kashimbila Multipurpose Dam, 40MW Hydropower Station, and associated infrastructure in Taraba State. The project aligns with the government’s goal of achieving 30GW electricity generation by 2030. It is part of the Electricity […]
The water that comes out of the ground along with oil and gas during oil and gas exploration and production operations is anything but clean. Oil Well Structure. This wastewater, known as “produced water”, is often heavily contaminated with salt, oil and grease, as well as potentially dangerous compounds. Some are linked to lung, skin […]
THE first batch of vehicles manufactured for the government of Sierra Leone by Innoson Vehicle Manufacturing Ltd., IVM, has been delivered to the West African country by the Nnewi-based indigenous automaker. The vehicles, which arrived in Freetown on November 21, 2022, were built to order by Sierra Leone’s Ministry of Defence. The request for the […]
The Nigerian National Petroleum Company as failed to remit any money to the federation account, a joint pool operated by the Federal, State and Local governments in the country in March.With the inability of the national oil company to contribute last month, Which means since this year, the NNPC has not funded the statutory joint […]
Total foreign exchange (FX) inflow into the Nigerian economy increased sharply to $30.2 billion in the third quarter (Q3) 2021 from $18.4bn in the preceding quarter, according to the data from the Central Bank of Nigeria (CBN) statistical bulletin. The sharp rise in inflows into the economy was mostly due to a 158 percent q/q […]
Nigeria-based anti-counterfeiting startup, Chekkit Technologies, has announced a $500,000 pre-seed round as it looks to expand its team and technological infrastructure. As contained in its statement, it aims to “save more lives and further secure the FMCG — fast-moving consumer goods — and pharmaceutical industries.” Pan African VC, Launch Africa, Japan Strategic Capital, Blockchain Founders Fund and two syndicate groups […]
Federal Government of Nigeria, through its Minister for Information, Lai Mohammed, announced an indefinite suspension of Twitter’s services in Nigeria On Friday, 5th June, the Federal Government of Nigeria, through its Minister for Information, Lai Mohammed, announced an indefinite suspension of Twitter’s services in Nigeria in response to what it called, ‘the persistent use of […]
