A day-old baby boy abandoned in a polythene bag has been rescued at Alhaji Masha Road, in the Surulere area of Lagos State. PUNCH Metro gathered that a yet-to-be-identified social worker attached to a hospital in Surulere, while on her way to a destination, heard the sound of a cryingContinue Reading
Oil marketers have paid a visit to the Port Harcourt Refinery Company in Rivers State and have expressed optimism that the plant may start releasing refined petroleum products this month. Dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria said the rehabilitation of the plant had beenContinue Reading
The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project is to be executed in May 2024, the Federal Government announced on Monday. The Brass methanol project is a major industrial project being built in Bayelsa State to produce methanol, a keyContinue Reading
The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project is to be executed in May 2024, the Federal Government announced on Monday. The Brass methanol project is a major industrial project being built in Bayelsa State to produce methanol, a keyContinue Reading
In a bid to address the recurrent collapse of Nigeria’s power grid, the Federal Government has deployed a new technology to detect and respond to sudden drops or dips in power generation across the country. It announced this through the Transmission Company of Nigeria on Wednesday, stating that the newContinue Reading
The Nigerian Ports Authority says has secured a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan Island Ports in Lagos. The loan was funded by the UK Export Finance, an export credit agency, Announcing this in a statement on Wednesday, the NPA said it had alsoContinue Reading
As the election for the President of the Nigerian Bar Association draws near, ONOZURE DANIA examines the profile of aspirants for the race The tenure of the incumbent President of the Nigerian Bar Association, Yakubu Maikyau (SAN), ends soon. Lawyers, on July 20, 2024, will cast their votes to electContinue Reading
As part of measures to deepen its monetary tightening policy, the Central Bank of Nigeria slashed commercial banks Loan-to-Deposit Ratio from 65 per cent to 50 per cent. The development means Deposit Money Banks are now allowed to lend only 50 per cent of their deposit to customers. In aContinue Reading
The Economic and Financial Crimes Commission has said it will on Thursday, April 18, 2024, arraign a former governor of Kogi State, Yahaya Bello, before a Federal High Court sitting in Abuja. Earlier, the EFCC was granted a warrant of arrest by a Federal High Court in Abuja to apprehendContinue Reading
The Central Bank of Nigeria has clarified reasons for the significant decline in the nation’s foreign exchange reserves, asserting that it wasn’t primarily aimed at defending the naira, as commonly believed, but rather to partially repay debts owed to creditors. The bank further expressed its desire to minimise its involvementContinue Reading