Month: April 2024

Workers Day: Nigeria Declares May 1 As Public Holiday

Ganiyu Amodu

The Federal Government has declared Wednesday, May 1, public holiday in commemoration of the 2024 Workers’ Day Celebration. This is contained in a statement by the Permanent Secretary, Ministry of Interior, Dr Aishetu Ndayako, issued on Tuesday in Abuja. She stated that the Minister of Interior, Dr Olubunmi Tunji-Ojo, made the declaration on behalf of the Federal Government. Tunji-Ojo reiterated the need for excellence, efficiency and equity in all spheres of labour, re-affirming President Bola Tinubu’s administration’s commitment to foster a culture of innovation, productivity and inclusivity in the workplace.…

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Nigerian Senators Fight Over Seats In Newly Renovated Chamber

Abibat Babalola

▪️”Na my own chair, no be your own,” full gist of the drama from the upper legislative chamber     A rowdy session marred the resumption of the Senate to plenary on Tuesday as senators fought over the seats. The plenary had started around 11 am and immediately after the procession, the Senate President, GodsWill Akpabio, read out announcements, specifically the names of the lawmakers who had celebrated their birthdays while the Senate was on break. It was while the announcement was ongoing that Senator Sahabi Yau (APC, Zamfara North)…

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Gloves Off: Wizkid, Davido Exchange More Online Blows

Abibat Babalola

The online battle between musical stars, Ayodeji Balogun, also known as Wizkid, and David Adedeji, a.k.a Davido continued Monday night. Wizkid had earlier thrown a shade at Davido. While responding to a fan’s request on X for new music, he posted a leaked video of Davido begging who was believed to be a female associate. The Grammy award-winning singer also dismissed the successful music producer and label owner, Don Jazzy, as an ‘influencer’, This generated uproar on the micro-blogging platform with many wondering what could be wrong with both men.…

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Yes, I Collected $660k Bribe For Emefiele- CBN Ex-Director

Abibat Babalola

A former Director of Information Technology with the Central Bank of Yes, I Collected $660k Bribe For Emefiele- CBN Ex-Director Nigeria, John Ayoh, on Monday, alleged that he collected on behalf of the former governor of the apex bank, Godwin Emefiele, a sum of $600,000 in two installments from contractors. Ayoh, the second witness of the Economic and Financial Crimes Commission, disclosed this while recounting instances where he facilitated the delivery of money to Emefiele, claiming it was for contract awards. Under cross-examination at the Ikeja Special Offences Court in…

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Petrol Hits N800 As 240 Million-Litre Vessels Arrive

Abibat Babalola

The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. As the NNPCL began offloading petrol, filling stations sold the product at an average price of N800 per litre in various locations. One of our correspondents gathered that the 240 million litres of petrol imported into the country came in through five vessels, which were offloaded into five depots on Monday. The South-West Regional Coordinator of the Nigerian…

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Seplat Energy Lauds Executive Orders Of Federal Government

ADEOLA YUSUF

Seplat Energy PLC has announced its unaudited results for the three months ending 31 March 2024, declaring a US 3-cent dividend per share. For the period under review, production averaged 49,258 barrels of oil equivalent per day (boepd), down 4.8% on prior period (3M 2023: 51,720 boepd), but 5.7% above Q4 2023 production, and towards the upper end of 2024 guidance (44,000 boepd – 52,000 boepd). Seplat Energy also achieved more than 2.3 million hours without Lost Time Injury (LTI) at Seplat-operated assets in Q1 2024. The Company also applauded…

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NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery

ADEOLA YUSUF

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out the N1.5bn declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment represents NCDMB’s 30% share in the company for the year ended 2023. The NCDMB had in July 2018 invested $10m to acquire 30% stake in the 5000 barrels per day (bpd) modular refinery project located at Ibigwe, Imo State, to support the Federal Government’s policy on modular refinery, stimulate investment and create employment opportunities.…

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Super Falcons’ Nnadozie Wins Best Goalkeeper Award In France

Ganiyu Amodu

Chiamaka Nnadozie has been crowned the best goalkeeper in the French D1 Arkema (women’s league). Nnadozie is the first African, nay Nigerian to win the individual accolade. The feat cemented her status as one of the best goalkeepers in the world. The 23-year-old beat Olympic Lyon’s Christiane Endler and Katarzyna Kiedrzynek of Paris SG to the award. Nnadozie is noted for her penalty saving heroics. She saved seven penalties this season, the highest in Europe. READ ALSO CBN Stops OPay, Palmpay, Moniepoint, Kuda From Onboarding New Customers BREAKING: NFF Appoints…

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CBN Stops OPay, Palmpay, Moniepoint, Kuda From Onboarding New Customers

Ganiyu Amodu

The Central Bank of Nigeria (CBN) has directed OPay, Palmpay, Kuda Bank, and Moniepoint to stop onboarding new customers until further notice over alleged illegal forex dealings. Recall that a Federal High Court in Abuja had earlier approved an interim order requested by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1,146 bank accounts owned by various individuals and companies allegedly involved in illegal foreign exchange transactions. Justice Emeka Nwite, in a decision on the ex-parte motion presented by the anti-graft agency’s lawyer, Ekele Iheanacho, also approved…

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BREAKING: NFF Appoints New Super Eagles Head Coach

Ganiyu Amodu

The Board of Nigeria Football Federation on Monday approved the recommendation of its Technical and Development Committee to appoint former ace winger Finidi George as Head Coach of the Senior Men National Football Team, Super Eagles. George, who spent 20 months as assistant to José Santos Peseiro before the Portuguese voluntarily left the post following the accomplishment of Africa Cup of Nations runner-up position at Cote d’Ivoire 2023, took charge of the squad in interim capacity during two friendly matches in Morocco last month. His squad edged Ghana 2-1 in…

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