Jeffrey Adaralegbe, Nigeria. Barrister Nyesom Wike, the Honorable Minister of the Federal Capital Territory, said that the purpose of his frequent trips to construction sites in the FCT is to make sure that the contractors honor their commitment to finishing the projects by May of this year. Wi ke made this revelation when he conducted...
Category: Business
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WIKE WARNS DIRECTORS AGAINST SABOTAGE, AS FCTA SETS TO GET 9 NEW PERMANENT SECRETARIES
Jeffrey Adaralegbe Barrister Ezenwo Nyesom Wike, Minister of the Federal Capital Territory, announced that nine Permanent Secretaries would be named to lead the Mandate Secretariats of the FCT Administration following the establishment of the FCT Civil Service Com mission. D uring his first meeting with the directors of the Federal Capital Development Authority (FCDA) and...
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Alleged N4bn Fraud: Court to Hear Obiano`s Motion Challenging Jurisdiction March 7
Justice Inyang Ekwo of the Federal High Court sitting in Abuja on Monday, February 4, slated the hearing of a motion brought by a former governor of Anambra State, Willie Obiano, challenging the jurisdiction of his court to hear the N4 billion money laundering charge brought against him by the Economic and Financial Crimes Commission, EFCC for March 7, 2024. At Monday’s proceedings, defence counsel, Onyechi Ikpeazu, SAN, ...
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NGX Group Reports Full-Year 2023 Financial Results, Declaring N5.2 Billion in Profit After Tax and N1.5 Billion Dividend
Lagos, 4 March 2024 – Nigerian Exchange Group Plc (NGX Group or the Company) is pleased to announce its full-year Audited Financial Statements for the year ended 31 December 2023, with a profit after tax of N5.2 billion and a declaration of a final dividend of N1.5 billion. The Group experienced a surge in gross earnings,...
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EDUN TO CHAIR PUBLIC HEARING ON NATIONAL MINIMUM WAGE IN SOUTH-WEST
Under the visionary direction of President Bola Ahmed Tinubu, the Federal Government of Nigeria has scheduled six zonal public hearings for the purpose of reviewing the National Minimum Wage across the nation. The following regions are set to host these hearings: North-East (Yola), North-West (Kano), North-Central (Abuja), South-South (Uyo), South-East (Enugu), and South-West (Lagos). The...
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Dangote Sugar targets 1.5mt annually from locally grown sugarcane
…Posts N441.5billion revenue in 2023 full year The Backward Integration Policy of the Federal Government on Sugar will soon have a significant impact on Sugar production in Nigeria, as the Management of Dangote Sugar Plc is targeting an annual production of 1.5 million metric tons of sugar from locally grown sugarcane. Chief Executive Officer of...
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Kwara NUJ, NALVEJ, Mourn Veteran Journalist, Bashir Ademola Jimoh
The Kwara State Council of the Nigeria Union of Journalists (NUJ) is deeply saddened to be informed of the passing of one of its esteemed leaders, Alhaji Bashir Ademola Jimoh. His passing comes as a huge loss to the Kwara NUJ community and journalism fraternity. Bashir Ademola Jimoh’s absence will be keenly felt, as his...
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Economic sabotage : I’m determined to eradicate oil theft in Niger Delta….. Tompolo
…….gets NUJ Meritorious Award Niger Delta crusader and Chairman of Tantita Security Services Nigeria Ltd (TSSNL), Chief Government Ekpemupolo alias Tompolo has promised to end the reign of oil thieves sabotaging oil operations in the region as part of efforts to revamp the ailing economy in the country. Tompolo noted that Nigeria is in a...
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NEMA deny looting of its warehouse on Sunday in Abuja*
T he National Emergency Management Agency (NEMA) has denied the media reports on Sunday alleging that the Agency’s warehouse was looted by some hoodlums in Abuja. This is to clarify that the looted warehouse does not belong to NEMA. However, the Agency sympathizes with owners of the looted facility. To forestall any security breach at...