Business

The Organisation of Petroleum Exporting Countries has raised Nigeria’s crude oil production quota for September 2022 to 1.83 million barrels per day, as Brent, the global benchmark for crude, dropped in price the same day. Data obtained from OPEC showed that the 13-member organisation increased Nigeria’s oil production quota marginally …

The Federal Government has approved the sum of $575m to improve agricultural marketing in 11 states.  The states are Akwa Ibom, Bauchi, Kano, Katsina, Kogi, Kebbi, Ogun, Ondo, Oyo, Plateau and Sokoto. The Minister of Agriculture and Rural Development, Abubakar Mahmood, disclosed this at the ministerial media briefing organized by …

The Economic and Financial Crimes Commission has declared social media celebrity, Ismaila Mustapha, known as Mompha, wanted. The Economic and Financial Crimes Commission had charged Mustapha and his company, Ismalob Global Investment Ltd with eight counts bordering on money laundering, conspiracy to launder money obtained through unlawful activities, and laundering …

The Federal Government, on Wednesday, defended the disbursement of N1.15bn for the purchase of 10 SUVs for the Republic of Niger, saying that the move is to enable the country to safeguard its territory in the best interest of Nigeria’s security. Fielding questions from State House Correspondents after the Federal …

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq has said that 3,541 beneficiaries from 11 local government councils in Gombe state will receive a one-off Cash Grant of N20,000. The minister disclosed this at the flag-off of the Cash Grant for Vulnerable Groups and on-boarding …

The Federal Government in partnership with the Cocoa Farmers Association of Nigeria has commenced moves to attract extra $400 on the cost of every tonne of cocoa exported from Nigeria. It was learnt that Nigeria exports about 340,000 tonnes of cocoa annually, meaning that the country is to earn an …

President Muhammadu Buhari on Wednesday, administered the Oath of Allegiance and the Oath of Office to three new Permanent Secretaries of the Federal Civil Service. Buhari swore in the new senior officials shortly before the start of Wednesday’s Federal Executive Council meeting at the Council Chambers of the Presidential Villa, …

President Muhammadu Buhari on Tuesday in Abuja, said the country was making meaningful progress in taming insecurity through collaboration across borders. He also said these successes could be consolidated when other states within and outside the Sahel region cooperated to frustrate the activities of terrorist. The President lamented that Nigeria …

The National President of Nigeria Union of Local Government Employees, Ambali Olatunji, has said that Nigeria is drifting towards collapse and no longer the country the citizens dream of. Olatunji who made the remarks at the 7th State Quadrennial Inauguration of the newly elected Executives to run the affairs of …

Media Rights Agenda has filed a suit at the Federal High Court in Abuja against the National Information Technology Development Agency (NITDA) over its failure to provide details requested by the organization on its proposed regulatory framework for social media and other online platforms through a “Code of Practice for …