Eno
10 Oct
A major ethnic nationality in Akwa Ibom State, Ekid Development Union (EDU) has urged Governor Umo Eno to compel Ibeno Local Government, the State Ministry of Lands and security agencies to obey his March 1st, 2024 order forbidding any further development on its land at Odoro Okuku within Akoiyak, better known as Stubbs Creek Forest.…
6 Oct
The Peoples Democratic Party (PDP) in Akwa Ibom State has won 30 chairmanship seats, leaving the All Progressives Congress (APC) with one seat. The APC won the chairmanship seat in Essien Udim Local Government Area of Nigeria's Senate President, Senator Godswill Akpabio. The result was contained in a list signed by the Chairman of the…
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Stakeholders in the insurance industry across Africa said optimal adoption of artificial intelligence (AI) is needed to increase the penetration and growth of the industry. Insurance experts who gathered at the just-concluded West African Insurance Companies Association Conference in Accra, Ghana, said AI adoption would transform the industry. AI technology, according to them, has gained…
NOW
The Minister of State for Petroleum Resources (Oil) of Nigeria, Heineken Lokpobiri, Secretary General of the African Petroleum Producers’ Organisation (APPO), Dr Omar Farouk Ibrahim, Senior Trade Policy and Law Expert and Lead Trade Enablement at the Nigeria AfCFTA Coordination Office, Olusegun Olutayo, and Group Chief Executive Officer of NNPC Limited, Mele Kolo Kyari, are…
2 mins ago
To fast-track Nigeria’s industrialisation, Vice President Kashim has urged state governments to patronise technological innovations developed by the National Agency for Science and Engineering Infrastructure (NASENI). Shettima stated this during the 146th National Economic Council (NEC) meeting, which he chaired at the Presidential Villa, Abuja. He was responding to a presentation by the Executive Vice…
2 mins ago
Seplat Energy Plc said it is actively pursuing a range of initiatives to decarbonize its operations and support a sustainable energy transition as part of its climate commitments and operational excellence strides. The company’s key measures in this regard include ending routine gas flaring, investments in gas infrastructure, exploring renewable energy opportunities to further offset…
3 mins ago
The Economic Community of West African States (ECOWAS) has launched an electronic certificate of origin to facilitate trade in goods among its members and increase intra-regional trade. The electronic certificate of origin, a process that started in 2019, will be used in the four pilot countries – Nigeria, Ghana, Senegal and Cote Ivories and will…
4 mins ago
The Electricity Distribution Companies (DisCos) recorded a revenue shortfall of N54.22 billion in September 2024, from total billings of N225.8 billion. This was revealed in the commercial performance for the DisCos released by the Nigerian Electricity Regulatory Commission (NERC), which attributed the shortfall to inefficiencies in collection. According to the report, out of total billings…
5 mins ago
Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said with the trade relationship between Nigeria and the United Kingdom pegged at £7.5 billion, there is room to achieve more by simply targeting one to five per cent expansion in the performance in the next two years. She said the target could generate an additional…
7 mins ago
Nigeria’s output defied the odds growing by 3.46 per cent in the third quarter of the year, according to data released by the National Bureau of Statistics (NBS) yesterday. The announcement comes amid a high inflation rate, prohibitive interest rate, and insecurity among other headwinds. The growth is 0.92 percentage points higher than the rate…
7 mins ago
The National Economic Council (NEC) has charged state governments to adopt and patronise technological innovations developed by the National Agency for Science and Engineering Infrastructure (NASENI) to accelerate Nigeria’s industrialisation. NASENI’s Director of Information, Olusegun Ayeoyenikan, disclosed yesterday in a statement that Vice President Kashim Shettima made the call during the 146th NEC meeting in Abuja. The gathering featured a…
8 mins ago
The Federal Government has challenged young innovators to play a key role in shaping Nigeria’s future growth and development. Minister of State for Education, Suwaiba Ahmad, made the call yesterday in Abuja at the second yearly National Science, Technology and Innovation Project Exhibition for senior secondary school students across the federation. The event was organised…