Author: Olu Anisere

The Federal Government has shut down an illegal gold mine site in Yagba East Local Government Area (LGA) of Kogi State.

The Debt Management Office (DMO) is offering three Federal Government of Nigeria (FGN) bonds valued at N300 billion for

The Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) has urged the Federal Government to evolve measures

The Abuja Electricity Distribution Company (AEDC) has attributed power outage in parts of Kubwa and environs to a technical fault at the

Olympics: FG has Approved N12bn for Team Nigeria — Minister The Minister of Sports Development, Sen. John Owan-Enoh, on Thursday said the Federal Government had approved more than N12 billion for the upcoming 2024 Paris Olympic Games. Owan-Enoh also told newsmen in Abuja that preparations for the games were in top gear. The News Agency reports that the Paris Olympics, which is its 33rd edition, is scheduled to hold from July 26 to Aug. 11 in France. Similarly, the Paralympics is expected to hold from Aug. 28 to Sept. 8. According to Owan-Enoh, all hands are on deck to ensure…

Dangote Industries Commends NUPRC for Interventions in Crude Supply Issues Dangote Industries Ltd. has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its various interventions in the oil company’s crude supply requests from International Oil Companies (IOCs). Mr Devakumar Edwin, the Vice President of Dangote Industries, commended the commission in a statement on Wednesday in Lagos. Edwin said that NUPRC should also be commended for publishing the Domestic Crude Supply Obligation (DCSO) guidelines to enshrine transparency in the oil industry. He said: “If the Domestic Crude Supply Obligation (DCSO) guidelines are diligently implemented, this will ensure that we deal…

Adelabu Inaugurates Ministerial Power Sector Working Group The Minister of Power, Mr Adebayo Adelabu has inaugurated the Ministerial Power Sector Working Group to serve as a platform for supervisory, monitoring and oversight control of the power sector. Adelabu, while speaking at the inauguration in Abuja, said that the working group would serve as a platform for the supervision, monitoring and oversight control of the sector. He also said that the group would also clarify issues with detailed explanation of what is happening in the sector, since the activities are inter-related. The minister said that though there had been existence of…

Modric Signs New 1-year Deal With Real Madrid Luka Modric has signed a one-year contract extension to keep him at Real Madrid until next summer. The European champions announced on Wednesday afternoon that the Croatia playmaker, 38, was staying on. Modric signed for Real from Tottenham in 2012 and has won six Champions Leagues and four LaLiga titles in that time, in an overall total of 26 trophies. Real described Modric as “a legend of Real Madrid and world football”. Modric won the 2018 Ballon d’Or, having helped Real to the European title that season and inspiring Croatia to their…

Oil Production: NASS Pledges Support to NNPC Ltd. The National Assembly has thrown its weight behind Nigeria National Petroleum Company (NNPC) Limited’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves. The efforts comprised stiffer consequences for crude oil thieves and vandals of the nation’s critical hydrocarbon infrastructure. This is contained in a statement issued by Mr Olufemi Soneye, the Chief Corporate Communications officer of NNPC Ltd. on Wednesday in Abuja. Soneye said the National Assembly made its position known when its Joint Committees on Petroleum Resources (Upstream) paid an oversight visit to the NNPC Upstream Investment…

Publish What You Fund, the global campaign for aid and development transparency, has again named the African Development Bank’s (AfDB) sovereign portfolio