Month: March 2024

Nigerian Customs Exchange Rate For Cargo Clearance Drops To N1593/$

ADEOLA YUSUF

The exchange rate for cargo clearance has dropped to N1593.41/$ from N1612.28/$ recorded last week representing a drop of about N18.87. Last week, the CBN through the customs service increased the exchange rate for cargo clearance by N18.44 to the prior figure. The drop in exchange rate for cargo clearance mirrors the recent strengthening of the naira on the forex market. The naira closed at N1602.75 on the last trading day of last week 15th March 2024 according to data from FMDQ Convergence of official and parallel market rate The…

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24 Years In Power, Putin Wins Russia’s Fresh Presidential Election

ADEOLA YUSUF

▪️’My warning to the West,’ what the former KGB lieutenant colonel, who rose to power since 1999, said on how he will serve a fresh 6-Year Term to become Russia’s longest-serving leader for more than 200 years       Russian President Vladimir Putin won a record post-Soviet landslide in the presidential election on Sunday, March 17, 2024. Putin cemented his already tight grip on power in a victory he said showed Russia had been right to stand up to the West and send its troops into Ukraine. The president,…

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Axxela Wins Leadership Prize, Promises More Investment In Energy Sector

ADEOLA YUSUF

Axxela Limited, a leading sub-Saharan African gas and power company, says the leadership award bestowed on the company is both an encouragement and motivation for it to persistently improve and do more. The company was recently awarded a gold medal in the 2024 EcoVadis Sustainability Rating. This rating, according to a statement,underscores Axxela’s steadfast commitment to sustainability, corporate social responsibility, and ethical business practices. Ranked in the top 5% among companies evaluated by EcoVadis over the past twelve months, Axxela achieved an impressive 97 percentile rank, showcasing its dedication to…

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Delta Community Razed After Killing Of Soldiers In Communal Clash

ADEOLA YUSUF

Several houses in the coastal and rustic Okuoma community, in the Bomadi LGA of Delta state, have been burnt. This happened hours after 16 soldiers on a peacekeeping mission were killed in the area. Tukur Gusau, director of information at the defence headquarters, in a statement on Saturday, said the soldiers — comprising a lieutenant ​colonel, two majors, one captain, and 12 soldiers — were killed by youths on Thursday. “The troops of 181 Amphibious Battalion, Bomadi Local Government Area of Delta State, while on a peace mission to Okuoma…

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Plateau Gov Names MAPOLY Mass Comm Graduate, Others As Media Aides

ADEOLA YUSUF

+ What to know about Marie-Theresa Nanlong, member 2001 AMACOS Set  + who-is-who list of over 200 new spokespersons approved by governor Mutfwang   The Executive Governor of Plateau State, Barr. Caleb Manasseh Mutfwang, has approved the appointments of Marie-Theresa Nanlong of Vanguard Newspaper among others as Media Aides. Platforms Africa reports that Nanlong graduated from the department of Mass Communication, Moshood Abiola Polytechnic Abeokuta with National Diploma in 2001. READ ALSO: Ah Ali: Tragic Tale Of Army Lt-Col And 13 Soldiers Murdered In Delta Japa: Nigeria Lost 16,000 Doctors…

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UK, FCDO, Met Office, Agencies Deepen Flood Risk Communication In Nigeria

ADEOLA YUSUF

The collaboration between the UK Foreign, Commonwealth & Development Office (FCDO) , UK, MET Office, and various Nigerian disaster agencies has begun to mark a significant step towards addressing the pressing issue of improving the effectiveness of flood risk communication in Nigeria. This came, according to a statement, as an high-level meeting held in Abuja with presentations of findings and recommendations from a 6-month intensive fieldwork project for all disaster management agencies’ Directors and Director-General. The research involved engaging with the most vulnerable communities across the country. Mr. Donovan Timothy,…

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Ah Ali: Tragic Tale Of Army Lt-Col And 13 Soldiers Murdered In Delta

ADEOLA YUSUF

In the intricate tapestry of life, with its twists and turns, highs and lows, moments of joy and sorrow, and contrasts between humility and arrogance, our paths lead us to either sweet or bitter ends. Life, as described in the holy book, is fleeting. Fashioned from clay, we shall all return to dust, leaving behind only memories of the moments, good or bad, that we crafted in our time on earth. In this fleeting existence, where we chase power, wealth, and ego-driven pursuits, there is one universal truth that binds…

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Japa: Nigeria Lost 16,000 Doctors In Five Years – Minister

ADEOLA YUSUF

The Federal Government on Sunday disclosed that 55,000 licensed doctors are in the country to attend to the growing population of patients following the exodus of health professionals to hospitals and health facilities abroad. It said in the last five years, the country lost about 15,000 to 16,000 doctors to the Japa syndrome while about 17,000 had been transferred. The Coordinating Minister of Health and Social Welfare, Prof Ali Pate, disclosed these when he featured as a guest on Channels Television’s Politics Today. Pate, who said the brain drain syndrome…

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Stolen From Canada, Nigerian Court Orders Forfeiture Of 36 Exotic Cars

ADEOLA YUSUF

A Federal High Court sitting in Lagos has ordered the final forfeiture of 36 exotic cars, allegedly stolen from Canada to Nigeria. Justice Deinde Dipeolu made the final forfeiture order, while granting an application filed and argued by the Economic and Financial Crimes Commission (EFCC) Listed as respondents in the suit are: Wilmon Autos Nigeria Limited; Ikeoyi Enterprises; Ichie Autos; Bounce Autos; Assured Motors, Emeko Auto; CNC Auto; Green Hill Auto; First Core Auto; Samuel Motors; Unique Motors; Nice and Rich Auto; Overall Properties; GIDI Auto and Chris Jane Auto…

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EKEDC Boosts Power Supply With Nigeria’s First-Of-Its-Kind 2×20 MVA Substations

ADEOLA YUSUF

▪️What Sanwo-Olu, Gbajabiamilla, Otubu, Sanda said at the substations’ commissioning in Surulere       The Lagos State Governor, Mr Babajide Sanwo-Olu, has commissioned two 20 MVA injection substations under the Eko Electricity Distribution Company (EkEDC) franchise at Randle Mechanic Village, Surulere, Lagos The projects, facilitated through a partnership between the Chief of Staff to the President, Femi Gbajabiamila, and the EKEDC, were fillip for the utility firm to boost power supply to the customers in the Surulere area of the state. Speaking at the event, Lagos State Governor, Sanwo-Olu…

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