Philippine Billionaire Isidro Consunji’s Family to Inject ₱10 Billion into DMCI Holdings for Cemex Acquisition
The family of Philippine billionaire Isidro Consunji is set to invest ₱10 billion (approximately $177 million) into their flagship company, DMCI Holdings, to support the acquisition of Cemex Holdings Philippines,…
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10th NASS: Uzodimma Not Working Against APC’s Choice – IMO GOVT
Yesterday, the imo state government denied reports that the governor hope Uzodimma was part of a conspiracy to endorse a senate president for the 10th NASS other than the one…
10th NASS: VP-elect, Shettima backs Akpabio, Barau for Senate President, Deputy
Senator kashim shettima, the vice president-elect, has backed senators Godswill Akpabio and Jibrin Barau for the positions of senate president and deputy president for the 10th Senate. Shettima addressed the…
FEC Approves Power Projects In Daura, Others
The federal executive council approved contracts on Wednesday to improve electricity supply in various areas of the country. According to the minister of power, Abubakar Aliyu, these funds will cover…
Refinery: We’ll ask Dangote To Sell Forex At A Good Rate — Emefiele
With the Dangote refinery expected to launch its first products in July, the governor of Nigeria's central bank, CBN, Mr. Godwin Emefiele, said yesterday that the refinery would be able…
Nigeria Central Banks Lifts Benchmark Rate to Record 18.5%
Nigeria delivered an unprecedented seventh consecutive interest-rate hike to dampen inflation and support its currency. The monetary policy committee lifted the benchmark rate to 18.5% from 18%, Governor Godwin Emefiele…
Kerosene Price Rises By 96.76% In 12 Months, Says NBS
The National Bureau of Statistics (NBS) has said in one year of April 2022 and April 2023, National Household Kerosene (kerosene) average price rose by 96.7% from N589.82 to N1,16.0.67.…
Nigeria: Registrar Seeks Total Autonomy For Varsities
Registrar of the University of Ilorin, Mr Mansur Alfanla, on Wednesday appealed tothe Federal Government to grant Nigeria universities total autonomy. He told newsmen that partial autonomy granted universities did…
Chinese Company To Build Road Between Iran, Russia
Shenzhen-listed Jilin Jinguan Electric Co Ltd signed a memorandum of understanding to build a road between Iran and Russia for the constructions of new energy facilities, it said on Wednesday.…
Japan Transfers 100 Military Vehicles To Ukraine
On Wednesday, 24 May, Japan handed over 100 military vehicles to Ukraine, including trucks and off-road vehicles. The vehicles were handed over to Ukraine during an official ceremony on Wednesday,…
CBN Revokes 132 Microfinance Banks’ Licences
The revocation exercise was disclosed in the official gazette of the Federal Government published on the website of the CBN on Tuesday. According to the apex bank, the financial institutions…
First Russian Hypersonic Missile Scientist To Go On Trial For Treason Next Week
The first of three Russian hypersonic missile scientists to be arrested on suspicion of treason will go on trial next week, the court handling the case said on Wednesday. The…
Declare Your Assets Before May 29, CCB Tells Tinubu, Shettima, Govs
The Code of Conduct Bureau (CCB) has directed the President-elect, Bola Tinubu, his vice, Kashim Shettima, and elected or re-elected governors to declare their assets before taking office on May…
Seun Kuti’s Trial Adjourned Till July 3
Seun Kuti on Tuesday night regained his freedom after spending eight days in Police detention. The youngest son of Afrobeat legend, Fela Kuti was arrested on Monday, May 15 for…
Kwara Governor AbdulRazaq Replaces Tambuwal As chairman Of Nigeria Governors’ Forum
Kwara State governor, AbdulRahman AbdulRazaq, has emerged as the new Chairman of the Nigeria Governors Forum (NGF). Sokoto State Governor and outgoing chairman of NGF Aminu Waziri Tambuwal said this…
Tony Blair Pledges Support For The Incoming Administration
Sir Tony Blair, a former Prime Minister of the United Kingdom, has stated his willingness to assist the incoming administration of Sen. Bola Tinubu, who has been elected as the…
