The Federal Government may save about N35tn in fiscal expenditure within the next five years with the commencement of operations at the Dangote Refinery and Petrochemicals. The Governor of the Central Bank of Nigeria, Godwin Emefiele, disclosed this on Monday during the ceremony to inaugurate the Dangote Petroleum Refinery and Petrochemical facility in Ibeju-Lekki, Lagos.
Russia said Thursday African leaders would visit Moscow next month or early July under a peace initiative for the Ukraine conflict announced by South African President Cyril Ramaphosa. Ramaphosa said on Tuesday that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky had each agreed to receive the six-member mission, which will visit Moscow and
The United Kingdom has warned its citizens in Nigeria from travelling to Anambra State. The warning came two days after an attack on the convoy of United State consulate workers in the Ogbaru Local Government Area of the state by yet-to-be-identified gunmen on Tuesday. It would be recalled that the convoy carried nine Nigerian nationals:
The Commissioner of Police, Sokoto State Command, CP Ali Kaigama, has commended officers of the command for exhibiting high sense of professionalism as they reportedly rejected an N800,000 bribe from some copper wires thieves in the state. The command’s Public Relations Officer, DSP Sanusi Abubakar, disclosed this in a statement on Thursday. “On 17/05/2023, policemen
At least 85 people have been killed in the ongoing clashes between herders and farmers in Plateau state, leading to the displacement of more than 3,000 people, according to reports on Thursday. The violence broke out on Monday in several villages of Plateau State, resulting in the deaths of 30 people. The area has a
About 48 per cent of migrants have said that hardship drove them back to Nigeria, according to a report by the National Bureau of Statistics. This statistic was contained in a report on Wednesday titled ‘Awareness and Perception of Intending and Returned Migrant on the Dangers of Irregular Migration 2022’. The report featured a total
AXA Mansard Health, one of the Health Management Organisation in the country, has announced a one-year free Gold Health Insurance for Hilda Baci, the 27-year-old Nigerian chef, who aimed for the ‘Guinness world record for the longest cooking time’. The company on its social media page explained that its gesture was to boost the morale
Integrated payments and digital commerce company, Interswitch Group says it is committed to empowering young talents in the country. According to a statement by the company, the Chief Human Resources Officer, Interswitch Nigeria, Franklin Ali stated this during the second edition of the annual Interswitch Career Fair held in Lagos recently. Ali explained that Interswitch
The Minister of Finance, Budget and National planning, Dr. Zainab Ahmed, has urged insurance operators in West Africa to reposition the industry for global competitiveness. She spoke at the West African Insurance Companies Association educational conference and celebration of its 50th anniversary in Lagos State, Nigeria. The conference’s theme was “Re-positioning the insurance industry in
Britain’s economy grew 0.1 percent over the first quarter despite weakening in March, official data revealed Friday, as output continues to be hit by high inflation and strikes. After narrowly avoiding recession last year, the economy advanced 0.5 percent in January before flattening in February and sliding 0.3 percent in March, the Office for National