Tag: latest
FG services foreign debt with $3.5b
The Federal Government spent $3.58 billion servicing its foreign debt in the first nine months of 2024, representing a 39.77 per cent increase from the $2.56bn spent during the same period in 2023. This is according to data from the Central Bank of Nigeria on international payment statistics. The significant rise in external debt service…
UBA announces appointment of Henrietta Ugboh as independent non-executive director
Owanari Duke retires from Group Board Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria. UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment, said,…
NNPC, NCDMB, NPA, Shell, NLNG, NCC, Zenith, Access Bank back Realnews 12th anniversary lecture
SOME bluechip companies and organisations are supporting hosting the Realnews 12th Anniversary Lecture at the Sheraton Hotel on Tuesday, November 19, starting at 10 am. The organisations include the Nigerian National Petroleum Company Limited, NNPCL, the Nigerian Content Development Monitoring Board, NCDMB, the Nigerian Ports Authority, NPA, Shell Nigeria, the Nigerian Liquefied Natural Gas, NLNG, the Nigerian Communications…
TARABA: Gov Kefas approves N70,000 minimum wage for workers
Taraba State Governor, Agbu Kefas has approved ₦70,000 new minimum wage for workers in Taraba State. The implementation is with effect from November 2024. This was disclosed in a statement on Tuesday by the state Head of Service, Paul Maigida. “I wish to inform you that His Excellency, the Governor of Taraba State, Dr Agbu…
EDO: Tinubu congratulates Okpebholo on inauguration as gov
PRESIDENT Bola Tinubu has extended his congratulations to Senator Monday Okpebholo on his inauguration as the governor of Edo State. Okpebholo assumed office today, succeeding former governor Godwin Obaseki in a ceremony attended by dignitaries, including Vice President Kashim Shettima. In a statement by presidential spokesman Bayo Onanuga, President Tinubu encouraged Governor Okpebholo to work…
EDO: Gov Okpebholo’s likely first potential appointees
With the formal inauguration of Senator Monday Okpebholo as governor of Edo State, speculation is rife about who will join his team as cabinet members. Earlier, the newly sworn-in governor made his first appointment by naming Fred Odianosen Itua as his Chief Press Secretary (CPS). The appointment has been lauded by the Nigerian Union of…
NYSC cornerstone to national integration – FG
THE Minister of State for Federal Capital Territory (FCT) Mariya Mahmoud Bunkure has described the National Youth Service Corps (NYSC) programme as a cornerstone of national integration and development since its inception in 1973. Mahmoud Bunkure disclosed this during the scheme’s pre-mobilisation workshop in the Federal Capital Territory, Abuja. She stressed that the programme was designed…
FG committed to workers’ welfare – AGF Fagbemi
THE Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN) has assured that the Federal Government is committed to workers’ welfare and will continue to work on ways to improve it, adding that besides the measures already put in place, including wage increase, the federal government will continue to prioritise the…
TARABA: Army arrests 12 suspected kidnappers
Troops of the Nigerian Army deployed for rescue operations in Taraba State have arrested 12 suspected kidnappers. The kidnappers were reportedly apprehended after a distress call from residents of Chachanji village regarding the abduction of two individuals by a group of around 10 armed men on motorcycles on 7 November.
ONDO: Obasanjo visits Aiyedatiwa ahead of guber poll
Former President Olusegun Obasanjo on Monday paid a courtesy visit to the Governor of Ondo State, Lucky Aiyedatiwa at the government house in Akure ahead of the governorship elections to be held on Saturday, 16th November. Join Naija Times on Telegram DONATE
T-Pain
The people have reached a point where they must weigh their survival against any promises of future prosperity, and this irony has not gone unnoticed. I believe there is still time to change the unpleasant narrative. T-pain can indeed be the temporary pain that the president’s supporters interpret it to be. A sigh of relief,…
PLATEAU: Bomb scare rocks Jos as Police, Gov Mutfwang allay fears
The Plateau State Police Command has put to rest reports of a bomb scare that sent shivers down the spines of residents of Jos on Tuesday. An initial eyewitness account had said that the explosive ordinance disposal team of the Plateau State Police Command’s early response to a distress call prevented the devices from explosion…
EDO: Okpebholo sworn-in as governor
MONDAY Okpebholo has been inaugurated as the governor of Edo, marking an end to the eight-year stint of Godwin Obaseki at the helm of affairs in the South-South state. The ceremony took place today at the Samuel Ogbemudia Stadium in Benin City, the state capital, two months after the All Progressives Congress (APC) clinched the…
Former Nigerian youth international, Gift Atulewa, is dead at 38
NIGERIAN footballer, Gift Atulewa, who featured for the country at youth international level, has passed away at the age of 38. The forward represented Nigeria’s Flying Eagles at the FIFA U-20 World Cup in the Netherlands in 2005, when they reached the final, with Mikel Obi and Taye Taiwo also in the squad. The spokesperson…
NNPCL not sabotaging Dangote refinery — Kyari
THE Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has reaffirmed that the company is not hindering the growth of local refineries in Nigeria. Kyari made this statement yesterday while presenting his vision for Nigeria’s energy future at the opening ceremony of the 42nd Nigeria Association of Petroleum Explorationists…
NAFDAC seizes counterfeit wines worth ₦41.2m in Nasarawa
The National Agency for Food Drugs Administration and Control (NAFDAC) has seized counterfeit wines valued at ₦41.2m following in Nasarawa State. According to the agency, the seizure followed a raid in shops in some parts of the state. Join Naija Times on Telegram DONATE
Lakurawa not a new terror group — ACF, Bukarti
The Lakurawa terror group in some parts of northern Nigeria is not new, a security expert and a chieftain of the Arewa Consultative Forum (ACF) have said. A few weeks ago, the Defence Headquarters said a new terrorist group ‘Lakurawa’ had emerged in the North-Western part of Nigeria. But the security expert Bulama Bukarti and…
Sale of Heritage Bank assets to begin December 4 — NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank’s assets will begin on December 4, 2024. This is according to a statement by NDIC’s Director of Communication and Public Affairs Bashir Nuhu. He said the move involve the landed properties of the firm and is in line with the NDIC’s statutory powers…
Eight Ghana players pull out of AFCON qualifiers vs Angola, Niger
THE Black Stars of Ghana have been significantly weakened ahead of key 2025 Africa Cup of Nations qualifiers against Angola and Niger, with eight players withdrawing. Among the players who have pulled out of the matches are Bournemouth forward Antoine Semenyo and Athletic Bilbao striker Inaki Williams. Ghana, who are third in Group F…
LAGOS: Three die in truck accident
THREE individuals tragically lost their lives today in a car accident when a truck, reportedly experiencing brake failure, collided into the Ayetoro Market in Lagos. In a statement posted on its official X handle, the Lagos State Traffic Management Authority explained that the truck was descending from Ita-Opo when it lost control, first striking a…