Day: September 11, 2024

‘From Church To Morgue,’ Woman Slumps, Dies During Testimony

Gbenga Adeoti

“Confirmed dead at the General Hospital Isolo,” Police give details   A 55-year-old woman, identified simply as Ifeoma, collapsed and died while giving a testimony during a church service at the Zonal Accountant Ministry Church in Ejigbo, Lagos. It was learnt that the incident occurred at approximately 8:48 a.m. on September 8th during the testimony hour. NAFDAC Warns Against Miracle Water, Soap Sold By Nigerian Church Mother Of Three Dies During Hotel Sex Romp With Church President About Getting Married ‘£35k Each,’ 100 Churches For Sale in Scotland According to…

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We’re Restoring Confidence In Nigeria’s Economy, Tinubu Gives Self Pass Mark

Abibat Babalola

President Bola Tinubu says his administration is restoring confidence in Nigeria economy through measures aimed at reducing inflation, stabilising the foreign exchange market, and improving fiscal management. Tinubu, represented by his Vice, Kashim Shettima, gave the assurance on Tuesday at the 17th Annual Chartered Institute of Bankers of Nigeria (CIBN) Banking and Finance Conference held in Abuja. He described theme of the CIBN Conference, ‘Accelerating Economic Growth and Development: The State of Play and the Way Forward,’ as timely and imperative. The President noted that the conference came at a…

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NUPRC Disowns Report It Approved Shell’s $1.3bn Assets Sale

ADEOLA YUSUF

“Our position on the Shell, Renaissance multi-billiondollar oil deal,” here is a read-for-yourself statement the Commission’s spokesperson, Olaide Shonola, sent to Platforms Africa   Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disowned a publication in the Busnessday of September 11, 2024, that the Commission has accepted Shell International Plc’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3 billion. Platforms Africa reports that the commission, which said this in a statement by Head, Public Affairs and Corporate Communication, Mrs Olaide Shonola, firmly stated that the information…

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‘Abortion Rights To Immigration,’ Key Take-Aways From Trump, Harris Debate

Abibat Babalola

Former US President, Donald Trump, and Vice President Kamala Harris faced off in their first—and potentially only—presidential debate on Tuesday. Moderated by ABC News, the debate took place in Philadelphia, Pennsylvania, and lasted one hour and 45 minutes. The two political heavyweights clashed on key issues ranging from abortion rights to immigration, as both candidates sought to sway voters in a tightly contested race. Harris adopted a strategy aimed at baiting Trump, while Trump repeatedly returned to conspiracy theories and false claims. READ ALSO: Reps Move To Improve Safety In…

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Reps Move To Improve Safety In Electricity Supply Industry

Abibat Babalola

The House of Representatives Committee on Safety Standards and Regulations has raised concerns over safety issues and the use of substandard equipment in the Nigerian Electricity Supply Industry (NESI). Chairman of the committee, Dr. Suleiman Abubakar Gumi, emphasized the House’s commitment to ensuring that the laws regulating safety in the sector were strictly enforced. In line with this, Gumi announced that the committee, in collaboration with the Association for Public Policy Analysis, would host a conference to address safety challenges in the industry. READ ALSO: Nigeria’s Dollar Bond Attracts $900m…

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Nigeria’s Dollar Bond Attracts $900m Subscriptions – Minister

Abibat Babalola

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. While discussing the results of the historic bond issuance on Tuesday, Edun noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. “The issuance of this inaugural domestic FGN US Dollar Bond highlights the continued faith investors have in Nigeria’s economy,” Edun said. READ ALSO: ‘False, Misleading,’ Eguavoen Denies Stepping Down As Super Eagles Coach MEMAN Proposes Formation Of Petroleum Industry…

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‘False, Misleading,’ Eguavoen Denies Stepping Down As Super Eagles Coach

ADEOLA YUSUF

Super Eagles interim coach Augustine Eguavoen has dismissed rumour making the rounds that he has quit his role, following Tuesday’s barren draw against the Amavubi of Rwanda in Kigali. The News Agency of Nigeria (NAN) reports that the rumour of Eguavoen’s resignation started making the rounds, following his post-match reaction in Kigali. This was after Super Eagles 2025 Africa Cup of Nations (AFCON) matchday two qualifying match against Rwanda, which ended 0-0 at the Amahoro Stadium in Kigali. However, Eguavoen, who spoke to journalists after the team touched down in…

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Why We Proposed Petroleum Industry Consultative Committees’ Formation – MEMAN

ADEOLA YUSUF

For efficient utilisation of the nation’s hydrocarbon resources, the Major Energy Marketers of Nigeria (MEMAN), has called for the Formation of Petroleum Industry Consultative Committees. Chairman, MEMAN, Huub Stokman, during a webinar with the theme: “Pathway to Optimizing Oil and Gas Sector,”, said the Petroleum Industry Consultative Committees are proposed to enhance the strategic guidance, oversight, and operational efficiency within the petroleum industry. He said this initiative aims to foster collaboration, innovation, and effective conflict resolution among key industry stakeholders. According to him, MEMAN proposes: The Midstream and Downstream Industry…

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