Local Content
20 Jan
The leadership of the Nigerian Council of Registered Insurance Brokers (NCRIB) has called on the Federal Government to ensure that 75 per cent of its assets as contained in the 2025 budget proposal are covered by indigenous companies.
4 Dec
As Nigeria's oil and gas industry faces significant transitions, local participation has moved to 56 per cent, a sharp leap from 26 per cent in 2016, but a dismal two per cent increase from 54 per cent last year.
11 Jun 2024
The President of the Dangote Group, Aliko Dangote, said Dangote Sinotruk West Africa Ltd (DSWAL) is committed to raising the level of its
22 Mar 2024
Surveyors under the aegis of the Association of Private Practicing Surveyors of Nigeria (APPSN), a subgroup of Nigeria Institution of Surveyors (NIS), have called on the Federal Government to ensure that contractors respect the Local Content Act by engaging Nigerian professionals in their works.
Latest
3 mins ago
The Federal Competition and Consumer Protection Commission (FCCPC) has constituted an inquiry into the rising cost of drugs in the pharmaceutical and healthcare sectors. While constituting the inquiry in Abuja, the Executive Vice Chairman, FCCPC, Tunji Bello, was represented by the Director of Surveillance and Investigation, Mrs. Boladale Adeyinka, who said the move became imperative…
4 mins ago
Vice President Kashim Shettima has said President Bola Ahmed Tinubu's commitment to agricultural revolution and food production can be facilitated by partner research and production institutions like the International Institute of Tropical Agriculture (IITA) as well as volunteer partners. According to him, the Tinubu administration has taken the bull by the horns and is walking…
9 mins ago
Osun State Governor, Ademola Adeleke, has expressed deep sadness over the murder of Mr. Ismaila Ibrahim and Hon. Kasali Adebayo, two members of the People Democratic Party (PDP) in Ilesa West Local Government Area of the state. He expressed worry that the killers of the duo still walk the streets freely and feel untouchable. The…
10 mins ago
The Debt Management Office (DMO) has announced that it raised the sum of N1.63 trillion from the February 2025 Federal Government of Nigeria (FGN) bond auction held on Tuesday. The total allotment across the two bond tenors was N910.39 billion. It said the sharp rise in demand led to higher allotments, even as yields fell,…
14 mins ago
The Federal Ministry of Labour and Employment has issued a seven-day ultimatum to the management of Ibadan Electricity Distribution Company (IBEDC) and its outsourcing firm to renegotiate the mass sacking of 3,000 workers. The Oyo State Comptroller, Federal Ministry of Labour and Employment, Mr Festus Igbinosun, gave the directive at the end of a meeting…
16 mins ago
Award-winning singers Reekado Banks and Wizkid have finally buried the hatchet after years of public fallout, as they were recently seen enjoying a meal together at a restaurant in Lagos. This unexpected reunion has set tongues wagging, with many wondering if their once-soured friendship has now been fully mended. On Tuesday, videos surfaced online showing…
20 mins ago
The National Oil Spill Detection Response Agency (NOSDRA) has commenced remediation work on the crude oil spill from Shell Petroleum Development Company, SPDC, 16" Nun River-Kolo Creek pipeline located at Obololi community in Southern Ijaw Local Council of Bayelsa state. NOSDRA Director General, Chukwuemeka Woke, in a statement, said the agency is actively monitoring the…
33 mins ago
In a recent Tiktok interview with Mohbad’s father, Mr. Aloba, he noted his resentment that his son, Mohbad, got properties in Liam’s name: “Me as his father, I never bought any property in Mohbad’s name. I don’t know why the reason that he bought property in Liam’s name.” From the discussion, Mohbad’s father stated that…
35 mins ago
Forty-six people were killed when a Sudanese military transport plane crashed into a residential neighbourhood on the outskirts of Khartoum, the regional government said Wednesday. The Antonov aircraft went down on Tuesday night near Wadi Seidna air base, one of the army’s largest military hubs in Omdurman, northwest of the capital. The army, which has…
39 mins ago
French police said officers killed a man holding a knife in each hand after he "threw himself" at them in the northeastern Paris suburbs on Wednesday. At around 7:00 am (0600 GMT), police approached "a man sitting at a bus stop with a knife in each hand" in the town of Dugny, Paris police told…