According to a documentary recorded between June 15 and 21, about 400 incidents of oil theft and vandalism were reported by both government and private security agencies. Key findings include: Illegal Connections: 69 illegal connections were discovered and disconnected in Bayelsa and Rivers States.Oil Spills: Eight cases of oil spills due to vandalism or illegal…
The incident was swiftly managed, with firefighters and first responders quickly extinguishing the flames. Viral videos captured the thick smoke billowing from the facility. In response, Anthony Chiejina, a spokesman for the Dangote Group, reassured the public that refinery operations were not affected and there were no injuries or harm reported among the staff. The…
Cardoso emphasized that the CBN’s monetary policy tools have significantly reduced naira volatility, stabilizing the forex market. He noted that inflationary pressures are starting to decrease, with the current inflation rate at 33.69 percent. Cardoso mentioned a positive deceleration in month-on-month inflation rates and assured that the Monetary Policy Committee (MPC) remains vigilant in monitoring…
This decision aligns with the National Policy on Plastic Waste Management adopted in 2020, which aims to ban certain categories of plastics by January 2025, including plastic spoons, straws, PET bottles, and water sachets. Minister of State for Environment, Iziaq Salako, shared this update during a briefing at the Presidential Villa after a Federal Executive…
Fidelity Bank has reinforced its commitment to advancing digital innovation across Africa, as highlighted during a significant event held at the Landmark Event Center in Victoria Island, Lagos. Dr. Nneka Onyeali-Ikpe, the Managing Director/Chief Executive Officer of Fidelity Bank Plc, articulated the bank’s strategic initiatives aimed at driving digital-based retail banking. Central to their strategy…
US President Joe Biden announced Wednesday that he is “righting an historic wrong” by pardoning military personnel convicted under a law that banned homosexuality in the armed forces for decades. “Despite their courage and great sacrifice, thousands of LGBTQI+ service members were forced out of the military because of their sexual orientation or gender identity….
A prominent Nigerian Islamic cleric, Sheikh Muhydeen Bello, urged politicians to be mindful of their actions while in office, emphasizing that “you will all become a story after office.” This message was delivered during the four-year remembrance of the late former Governor of Oyo State, Abiola Ajimobi, held at his private residence on Ring Road…
The Access Challenge, an organization dedicated to addressing global health disparities, has announced the resignation of its founder and Chief Executive Officer, Campana. Asad Lilani has been appointed as the new CEO, effective June 21, 2024. The announcement came alongside the news that Ambassador Togolani Mavura and Campana have become co-board chairs of The Access…
The FCMB-TLG private debt fund has opened for investment, seeking to raise N10 billion from series 1 of its N100 billion Programme. The fund, approved by the Securities and Exchange Commission, is sponsored and managed by FCMB Asset Management Limited, with technical support from TLG Capital Investments Limited, United Kingdom. The series 1 offer is…
