Economy

No Increase in PMS Prices, Says NNPC

The Nigerian National Petroleum Company (NNPC) Limited has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol in the country. In a statement issued by the NNPC Ltd Chief Corporate Communications Officer, Olufemi Soneye, the Company urged citizens to disregard unfounded rumours adding that […]

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Business

Social Media Impersonation: Cyber-Crooks on Rampage in South Africa Hitting Top Govt Officials

The Department of Small Business Development (DSBD) has issued a warning to members of the public regarding a number of fake social media accounts which impersonate the minister of small business development, Stella Ndabeni-Abrahams. The warning comes as a response to the discovery of over 25 fake accounts on social media platform Facebook that use […]

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Financial

Biggest Cybersecurity Issues for Worries in 2024 as Hackers Hunt

Hacking courses, leaked nudes, and AI usage in scams – these are the most discussed topics on the dark web forums Every year around December experts at NordVPN try to predict the cybersecurity risks awaiting us in the next year. This year they decided to take a different route and look into the biggest dark web forum […]

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Business

Nigerian Govt Promise Vulnerable Citizens’ Protection Ahead of  Electricity Tariff Review

The Federal Government has announced that it is currently reviewing the implementation process for a cost reflective electricity tariff, but stated that it would continue to subsidise power supply for vulnerable citizens in Nigeria. It also announced that it would unbundle the Transmission Company of Nigeria by separating Transmission services from System and Market operations […]

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Business

ANTI-CORRUPTION WAR: President Tinubu Suspends Halima Shehu Over Alleged Financial Malfeasance.

President Bola Tinubu has approved the immediate suspension and investigation of Ms Halima Shehu, the National Coordinator and Chief Executive Officer of the National Social Investment Program Agency over alleged financial malfeasance. With the suspension and investigation into the allegations, Dr Akindele Egbuwalo, the National N-POWER Program Manager, has been appointed in an acting capacity […]

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Business

Minister Suspends Accreditation of Degree Certificates from Benin, Togo

The Nigerian Government, has suspended the Evaluation and Accreditation of Degree Certificates from the Republics of Benin and Togo until further notice. The suspension, which takes effect from the 2nd of January, 2024, was contained in a statement signed by Mrs. Augustina Obilor-Duru on behalf of the director of press and public relations of the […]

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News

Nigerian Govt Targets 500,000 Jobs Creation from Steel Sector in 2024

Nigeria’s Ministry of Steel Development said it has a goal to create over five hundred thousand (500,000) jobs for Nigerians within an operational steel industry before the end of President Bola Ahmed Tinubu’s administration. The Minister of Steel Development, Mr Shuaibu Audu, who made this known in his 2024 New Year message, stated that his […]

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Business

Passport Application Automation Go Live January 8, Says Minister

The Minister of Interior, Olubunmi Tunji-Ojo, said automation of passport application process will begin from January 8, 2024, and Nigerians will be able to apply and complete their passport application process online without human contact. “We are good to go live,” Tunji-Ojo said in Abuja during an inspection of facilities of the Nigeria Immigration Service […]

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Business

Nigeria Extends Life Span of 2023 Supplementary Budget 

Nigeria’s President, Bola Ahmed Tinubu has signed the supplementary budget 2023, into law, which will now run until March 31st, 2024. The Speaker of the House of Representatives, Tajudeen Abbas made this known on at the Presidential Villa while speaking to Journalists on the recently signed bills and the 2024 Appropriation Act by President Bola […]

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Business

Respite for Commuters as Fourth One Million Barrels of Crude for Dangote Refinery Arrives Ahead of  Another

Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of, one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL), and expecting the fifth crude shipment, anytime from now. The fresh one million barrels of […]

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