Messrs H&M (Nig.)
3 hours ago
The Federal Government has launched a two-week emergency repair project on the Abuja-Kaduna Dual Carriageway to improve the safety for commuters. The cost of the road repair is N366million, according to the Federal Ministry of Works. The project involves patching existing potholes and restoring critically damaged road sections. The contractor, Messrs H&M (Nig.) Ltd, began…
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The former director and shareholder of the defunct Gulf Bank Plc, Mr. Johnson Adeyeba, the Managing Director and Executive Officer, Mr. Babajide Rogers, and others have been re-arraigned over an alleged N15,761,176.24 billion fraud. They were re-arraigned on Tuesday before Justice Daniel Osiagor of a Federal High Court sitting in Lagos on 28 counts of…
10 mins ago
The Northeast Development Commission (NEDC), has trained and empowered 455 youths and women in various skills between Jan. and Oct. 2024 in Adamawa. The Managing Director and Chief Executive Officer of the commission, Mr. Mohammed Goni, said this on Tuesday in Yola while presenting starter parks to 40 beneficiaries. The News Agency of Nigeria (NAN),…
16 mins ago
Governor Seyi Makinde of Oyo State, on Tuesday, presented a supplementary budget sum of ₦79,337,000,000.00 under the 2024 fiscal year to the Oyo state House of Assembly for consideration and approval. The Speaker, Adebo Ogundoyin disclosed this while reading a message from the executive during Tuesday's plenary sitting. The supplementary budget scaled through first reading…
25 mins ago
Central Bank of Nigeria (CBN) has denied reports against Guaranty Trust Holding Company (GTCO) and its Executive Management over allegations of financial foul play. In a statement released on Tuesday, October 8, 2024 and signed by CBN’s Acting Director of Corporate Communications in Nigeria, Hakama Ali, the apex bank reassured the public that their deposits…
26 mins ago
THE Nigerian Communications Commission (NCC) has moved against Elon Musk’s Internet firm, Starlink, for a hike in tariff without formal approval from the regulator. NCC said the decision by Starlink to unilaterally review their subscription packages upwards did not receive its approval. The Commission’s Director of Public Affairs, Reuben Muoka, in a statement, noted that…
26 mins ago
In its bid to unlock the economic potential of the aviation sector through investment in Public Private Partnerships (PPPs), the Federal Government has established task forces in the Infrastructure Concession Regulatory Commission (ICRC) and the Ministry of Aviation. This was the outcome of a courtesy visit by the Director General of the ICRC, Dr. Jobson…
27 mins ago
The Niger Delta Budget Monitoring Group (NDEBUMOG) has called for the inclusion of women in the implementation framework of the Petroleum Industry Act (PIA). The group also recommended that 1% of the 3% Operating Expenditure of Oil and Gas Companies, should be allocated to women empowerment across host communities development trusts, projects, programs and activities.…
29 mins ago
Geoffrey Hinton, known as the Godfather of AI, and physicist John Hopfield won the Nobel Physics Prize on Tuesday for their pioneering work on the foundations of artificial intelligence. READ ALSO:Nobel Physics Prize to two climate experts and Italian theorist The pair's research on neural networks in the 1980s paved the way…
41 mins ago
Super Eagles interim coach Austin Eguavoen has said Victor Osimhen wouldn’t be missed much in this month’s Group D AFCON qualifiers against Libya as there are capable replacements for him. Osimhen went off injured in Galatasaray’s home game against Kasimpasa in the Turkish Super Lig. The Napoli striker, who is on loan to Galatasaray, bagged…
44 mins ago
The Federal Government on Tuesday unveiled the framework for the Federal Government’s comprehensive vision for a nationwide nutrition programme to address malnutrition and food insecurity in Nigeria. The proposed programme, "Nutrition 774 Initiative," aims to improve nutritional outcomes across all 774 local government areas (LGAs) in the country. Speaking during a roundtable with development partners…