Author: Olakunle Oke
Page: 5
Between January and July 2024, Nigeria lost an average of 437,000 barrels of crude oil daily, worth about $10bn due to theft, vandalism, and other criminal activities, the House of Representatives declared on Thursday. As a result, the House of Representatives Special Committee on Oil Theft and Losses commenced investigations into the illegal lifting of […]
President Bola Tinubu has congratulated Nigerian doctor and artist, Fola David, on his recent accomplishment of setting a new Guinness World Record for the largest painting by an individual. In the course of his six-day attempt at the Onikan Stadium in Lagos, David broke the previous record of 629.98 square metres, held by Ravi Soni […]
The Oyo State Government has declared Monday, July 8, 2024, a work-free day in commemoration of the Islamic New Year, Hijrah 1446AH. In a statement signed by the Commissioner for Information, Prince Dotun Oyelade, the state government acknowledged the significance of Hijrah in the lives of its Muslim residents. “Monday, July 8, 2024, has been […]
The Central Bank of Nigeria sold $575m in May, its highest dollar sales in a single month in 2024, according to data obtained from FMDQ Securities Exchange . This amount exceeds the combined total of $151m in April and $189m in March. Despite this increase, the CBN’s sales only accounted for 6.6 per cent of […]
The Academic Staff Union of Universities has joined the ongoing strike by the organised labour comprising Nigeria Labour Congress and Trade Union Congress. This is coming after the Federal Government failed to meet the unions’ minimum wage demand. In a statement addressed to the branch chairpersons and zonal coordinators of ASUU on Monday, the association’s […]
The governor achieved this through prudent management of resources. Gov. Bassey Otu of Cross River has said that since the assumption of office on May 29, 2023, a total of ₦55 billion had been paid to offset debts and contractual obligations. Addressing newsmen at a dinner to give his administration’s stewardship, on Thursday night in […]
Nigeria may add 480,000 barrels to its daily crude oil output as the Nigerian National Petroleum Company Limited and ExxonMobil took a step towards resolving the disagreement surrounding the sale of the latter’s asset to Seplat Energy. On Thursday, the NNPCL confirmed it had signed a settlement agreement with ExxonMobil companies in Nigeria over the […]
A driver named Benalayefa Bako Asiayei has been tragically killed allegedly by an officer of the Nigeria Police Force in Bayelsa State. It was gathered that the driver was shot dead following his refusal to pay a ₦200 bribe to the cop. Reports revealed that the sad development has sparked outrage among the public and human […]
On June 12, 2023, President Bola Tinubu enacted the Access to Higher Education Act, 2023, which provides interest-free loans to financially disadvantaged students for their studies at any Nigerian university or college. The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, announced that the federal government’s student loan scheme would be extended […]
In an expression of profound gratitude, the Coalition of Orphanages and Children’s Homes in Nigeria has hailed Nigerian superstar, David Adeleke, better known as Davido, for his financial support, calling it an unprecedented act of generosity. In a letter addressed to Davido and posted on his X page on Thursday, COCHIN President, Dr Eze Ajoku, […]
