NIGERIA’s indigenous firm, Seplat Energy Plc, has finally completed its acquisition of Mobil Producing Nigeria Unlimited, MPNU, from ExxonMobil at $800 million after over two years when the first deal was signed. The company disclosed this in a recent…
THE Federal Capital Territory (FCT) Minister, Nyesom Wike has vowed to stop anybody from taking land belonging to the territory without approval. Wike stated this while handing over 50 operational vehicles to security agencies in the FCT, in Abuja…
THE National Economic Council (NEC) has recommended 0.05 per cent increase in funds allocated to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) from non-oil sources. Gov. Chukwuma Soludo of Anambra said this while briefing State House correspondents after…
THE Federal Government has given a one-month ultimatum to developers along the Lagos shoreline to regularise their activities or face revocation and demolition. This is contained in a statement by Mr Salisu Haiba, Director of Press and Public Relations,…
DELTA State Governor, Sheriff Oborevwori, has criticized former Deputy Senate President Ovie Omo-Agege for praising President Bola Tinubu’s economic policies. Omo-Agege had claimed during an APC event that Tinubu’s policies resulted in increased federal allocations to states and local…
THE Benue Assembly has directed the State Universal Basic Education Board (SUBEB) to halt the ongoing teachers recruitment process. The house gave the order following a motion by Mr Douglas Akya (APC/Makurdi South) on Thursday during plenary in Makurdi.…
ACCESS Bank has signed an agreement with South Africa-based Bidvest Group Limited for the acquisition of a 100 per cent equity stake in Bidvest Bank Limited. Access Bank announced this in a statement on Thursday, December 12, 2024. The…
THE Lagos Waste Management Authority (LAWMA), has held its annual Christmas Carol and End of the year thanksgiving service, to appreciate God for his goodness and blessings in the out-going year. The event took place at the authority’s headquarters, Ijora-Olopa,…
THE Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has stated that the Commission is fighting corruption and internet crimes to protect the future of students across the country, charging them to be more committed to…
SENATE President Godswill Akpabio has clarified why the Senate cannot fully stop the Minister of the Federal Capital Territory (FCT), Nyesom Wike, from demolishing structures in Abuja. Wike has faced criticism for his widespread demolition of buildings in the…
