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Obaseki: Make policies to attract interest to gas sector

Obaseki: Make policies to attract interest to gas sector

Edo State governor Godwin Obaseki and stakeholders in the Liquefied Petroleum Gas (LPG) sector have called for targeted policies to attract more investments to the sector to maximise Nigeria’s gas resources for national development. The stakeholders noted that despite its huge potential, the sector was being plagued by poorly regulated retail market, shortage of LPG storage facilities, inadequate…

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‘Stopped dollar sales to BDCs pushed spread to N130/$’

‘Stopped dollar sales to BDCs pushed spread to N130/$’

The premium between official and parallel market rates of the foreign exchange market widened to N130 per dollar after the Central Bank of Nigeria (CBN) stopped dollar sales to Bureaux de Change (BDCs), a report by Afrinvest West Africa has shown. In the Nigerian Banking Sector Report entitled: ‘Resilience amid endemic and pandemic constraints’, the investment and research firm said CBN removed…

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Buhari presides over Security Council meeting

Buhari presides over Security Council meeting

President Muhammadu Buhari is presiding over the National Security Council (NSC) meeting at the State House, Abuja. The President is expected to be briefed on latest security developments across the country. The meeting is being attended among others by the Vice President Yemi Osinbajo; Chief of Staff to the President, Prof Ibrahim Gambari; National Security Adviser (NSA), Major General Babagana…

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Ekiti govt. appoints 2 new traditional rulers

Ekiti govt. appoints 2 new traditional rulers

The Ekiti State government has approved the appointment of Prince Sunday Aniyi as the new Obaleo of Erinmope-Ekiti and Prince Adegbenro Falore as the new Olufaki of Ifaki-Ekiti. Mr Akin Omole, the state’s Commissioner for Information and Values Orientation disclosed this in a statement on Thursday in Ado-Ekiti. He said that the approval was part of the decisions taken at the 35th virtual meeting…

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Buhari snubs Atiku as he clocks 75 today

Buhari snubs Atiku as he clocks 75 today

Former vice-president Atiku Abubakar clocks 75 today, without the usual goodwill message from President Muhammadu Buhari. It was not clear whether the presidential snub was a mere omission or deliberate. Atiku, despite the political difference with Buhari attended the wedding of Buhari’s first son, Yusuf in Bichi, Kano last August. The last person Buhari celebrated was his chief of staff,…

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PDP has slim chances in 2023: PDP member explains

PDP has slim chances in 2023: PDP member explains

Peoples Democratic Party (PDP) has slim chances of taking over power both at states and Federal levels in 2023, Alhaji Umar Sani, a founding member of the party said. Sani said this at a media briefing in Kaduna on Wednesday. He was the Special Adviser on Media to former vice President, Architect Namadi Sambo, Sani said the PDP is facing a lot of challenges which has led to the factionalisation…

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2Baba’s baby mama Pero sues Annie Idibia, demands N500m compensation

2Baba’s baby mama Pero sues Annie Idibia, demands N500m compensation

Pero Adeniyi, the baby mama of famous singer, 2Baba, has slammed a ₦500 million lawsuit against Annie Idibia. In the document dated 10th of Nov, 2021, Adeniyi sued Annie for defamation of character. The development came a few hours after Annie took to her Instagram page to tender an unreserved apology to her husband and everyone she has offended.⁣ Trouble began in September 2021 when Annie took…

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BREAKING: Nollywood Comic actor Baba Suwe laid to rest in Lagos

BREAKING: Nollywood Comic actor Baba Suwe laid to rest in Lagos

Veteran comic Actor, Babatunde Omidina aka as Baba Suwe has been laid to rest on Thursday, in Lagos state. He was committed to mother earth around 11:05 am. Adesola Omidina, the late comic actor’s son, and other Nollywood stars attended the burial rites. Many well-wishers And sympathisers could not hold back tears when they arrived Baba Suwe’s residence to condole with his family.

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Ex-deputy governor’s abducted father freed

Ex-deputy governor’s abducted father freed

His Royal Highness, Eze Henry Anoruo Madumere, father of former deputy governor of Imo State, Prince Eze Madumere, has been freed by his abductors. The traditional ruler of Ezi-Mbieri community in Mbaitoli council of the state was released by the kidnappers early yesterday, five days after he and his aide were abducted. He was taken to hospital for medical checkup. He arrived in his hometown,…

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EFCC boss in Nigeria’s team to INTERPOL General Assembly

EFCC boss in Nigeria’s team to INTERPOL General Assembly

The Chairman of the Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa is in Nigeria’s delegation to the 89th Interpol General Assembly in Turkey. According to a statement by the Head of Media and Publicity of EFCC, Mr Wilson Uwuajaren, the session began on Tuesday. The statement said: “The Nigerian delegation to the event which ends on today is led by the Minister of Police…

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Labour rejects proposed petrol price hike by govt

Labour rejects proposed petrol price hike by govt

Labour yesterday rejected the proposed hike in pump price of fuel to N340 per litre next year. It warned that an increase in the price of petrol will lead to hyper-inflation and an astronomical rise in the cost of goods and services. Besides, the trade union said talks over petrol subsidy with the government was inconclusive. The Nigeria Labour Congress (NLC), in a statement by its President…

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N1.39t Lagos budget for 2022

N1.39t Lagos budget for 2022

After a review of last year’s Budget of Rekindled Hope before the Lagos State House of Assembly, Governor Babajide Sanwo-Olu yesterday proposed a N1.39 trillion Budget of Consolidation to the lawmakers as 2022 Appropriation Bill. The governor announced a huge capital vote to service critical sectors to consolidate the recovery of the state’s economy. In the proposed ¦ 1,388,285,459,990.51 Bill,…

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Another vehicle plunges into Ogun river; 2 dead

Another vehicle plunges into Ogun river; 2 dead

The Federal Road Safety Corps (FRSC), Ogun Command said that two persons lost their lives as another vehicle plunged into the Ososa River along the Ijebu Ode-Sagamu Expressway in Ogun. The Sector Commander, Mr. Ahmed Umar confirmed the accident to the News Agency of Nigeria (NAN) on Wednesday in Ota. He said that one other person sustained various degrees of injuries in the incident. A truck…

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13 internet fraudsters jailed in Ibadan, Oshogbo

13 internet fraudsters jailed in Ibadan, Oshogbo

The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Command, has secured 13 convictions before different Justices of the Federal High Courts in Ibadan, Oyo State and Osogbo, Osun State. The convicts are Akintokun Olalekan (a.k.a Natalie Bryant), Sheriff Hadinan (Molly Jane), Ayojide Ayomide Ezekiel, Rokeeb Olanrewaju Bashir (Lucy Stewart), Olutekunbi Oluwatoyin Boluwatife, Adigun…

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Lawan tells FG to prioritize investment safety in Nigeria

Lawan tells FG to prioritize investment safety in Nigeria

President of the Senate, Ahmad Lawan has urged the Federal Government to prioritize the safety and security of private sector investments across the country. This, he said, would guarantee an improved economy for Nigeria. Lawan stated this on Wednesday after the upper chamber considered a bill to enact the Public-Private Partnership Regulatory Commission Bill 2021. The bill which scaled second…

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No silent war with Funke Akindele, says Toyin Abraham

No silent war with Funke Akindele, says Toyin Abraham

Actress and producer, Toyin Abraham has reacted to the alleged ‘silent beef’ between her and Funke Akindele-Bello. Abraham stated in a radio interview that Akindele-Bello is one of the few people in the industry she looks up to but their relationship remains cordial as one does not necessarily need to have close bonds with everyone. Toyin also revealed whenever she sees Funke in public, she…

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Russian vodka, NEFT launches 'Neft Beyond Vodka' in Nigeria

Russian vodka, NEFT launches ‘Neft Beyond Vodka’ in Nigeria

It was all glitz and glam as Russian vodka brand, NEFT, a premium vodka, officially introduced its award-winning NEFT Beyond Vodka in Africa with Nigeria being the flagship country at Shiro Restaurant, Lagos on Friday, 17th September 2021. Guests arrived at the occasion dressed to the nines in the all-black or all-white themed event. Deyemi Okanlawan, Big Brother Naija’s Michael Ngene and Yerin…