French President Macron, in a written message to voters published in regional newspapers, reflected on the outcome of the election, emphasizing the need for political forces aligned with republican institutions, parliamentary democracy, and European values to engage in constructive dialogue. He called for the formation of a pluralist majority excluding Marine Le Pen’s far-right RN…
In February, the Central Bank of Nigeria (CBN) revoked the licenses of 4,173 Bureau De Change operators for failing to adhere to regulatory guidelines, as explained in a statement by its acting Director of Corporate Communications, Sidi Hakama. According to the CBN, these operators violated regulatory provisions such as nonpayment of necessary fees within the…
Governor Abiodun highlighted the critical importance of the Lagos-Sango-Abeokuta Expressway not only to Ogun State’s economic prosperity but also to the nation as a whole. Reflecting on the efforts of both Ogun and Lagos State governments to assume control and rehabilitate the expressway, the governor expressed frustration over delays originating from the federal government, spanning…
Amnesty International Nigeria’s Director, Isa Sanusi, reaffirmed the organization’s commitment to human rights standards and accountability for perpetrators in a recent statement. “Amnesty International welcomes the ECOWAS Court’s ruling directing the Nigerian government to conduct a new investigation into rights violations during the October 2020 #EndSARS protests,” Sanusi said. The court’s decision followed a case…
In a statement issued by Bayo Onanuga, Special Adviser on Information and Strategy to President Bola Tinubu, outcomes from the FEC meeting in Abuja detailed plans to procure agricultural equipment aimed at bolstering national food security through the National Agricultural Mechanization Programme (NAMP). The equipment, including 2000 tractors, 4000 disc ploughs, 1000 disc ridges, 1200…
In a statement issued in Abuja on Wednesday, both parties announced the signing of a memorandum of understanding (MoU) aimed at supporting Nigeria’s power sector development. The MoU, signed by USAID/Nigeria Mission Director Melissa Jones and Federal Ministry of Power Permanent Secretary Mahmuda Mamman, marks the implementation of a US government grant-funded technical assistance program…
Oluwatoni Oladiran, CEO of Oilden Energies, has raised alarm over the use of palm oil as a base oil in lubricant production, emphasizing its damaging effects on engines. Speaking to journalists, Oladiran expressed grave concerns about the prevalence of adulterated engine oils in the market, revealing that some unscrupulous producers were substituting base oils with…
During the first annual conference and third annual general meeting of the Alumni Association of the Federal College of Fisheries and Marine Technology in Lagos, maritime stakeholders highlighted Nigeria’s untapped potential in the fishing industry and its implications for economic growth. Under the theme “Unlocking the Potential of the Blue Economy: FCFMT Alumni Contributions to…
The Organised Private Sector (OPS) has urged for a fair and impact-driven distribution of government import waivers, highlighting transparency as crucial for economic growth and support to local industries. Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, emphasized the need for a transparent assessment of each waiver’s impact during a…
