Author: Ifetayo Adeniyi

Edo Refinery: NDMPRA Concludes Assessment Test On 80,000bpd Koko Refinery Expansion Edo Refinery: NDMPRA Concludes Assessment Test On 80,000bpd Koko Refinery Expansion “We expect to export our first cargo from the refinery by May 2025. Assessment test was carried out from 18th Sept to 24th Sept 2024.” The management of AIPCC Energy, owners of Edo Refinery has announced an 80,000 barrels per day refinery expansion in Koko, a border town between Edo and Delta State. This was after the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) concluded it’s crude distillation assessment on the project. A statement signed by Head,…

Zimbabwe Adjusts To US Dollars Payments To Civil Servants Following ZIG Devaluation US Dollar and Zimbabwe ZIG Zimbabwe Adjusts To US Dollars Payments To Civil Servants Following ZIG Devaluation. In a move to shield lower-income earners from inflation and rising poverty, the government of Zimbabwe is adjusting its approach to civil servant remuneration, according to Public Service, Labour, and Social Welfare Minister July Moyo. The adjustment follows the recent revision of the Zimbabwean Dollar (ZiG) exchange rate from 1:14 to 1:24 against the US dollar. While speaking to The Sunday Mail, Moyo revealed that the Treasury has already secured the…

Senator Gbenga Daniel Fulfills Promise To Sotubo, Ijagun People, Others In Ogun As They Receive 500KVA Transformers Senator Gbenga Daniel  Senator Gbenga Daniel Fulfills Promise To Sotubo, Ijagun People, Others In Ogun As They Receive 500KVA Transformers Senator Otunba Gbenga Daniel, representing Ogun East and a former governor of Ogun State, has fulfilled his promise to bring light back to communities left in darkness for over a year and a half, in a significant gesture of community support. The senator delivered 500KVA transformers to several areas in Ogun State, including Sotubo in Sagamu, Ijagun in Odogbolu, Idagunren in Ijebu East,…

Momentous, Kellyrae shines, winning BBNaija’s N100M grand prize, hidden marriage and discipline observed Kellyrae is BBNaija Season 9 winner Momentous, Kellyrae shines, winning BBNaija’s N100M grand prize, hidden marriage and discipline observed KellyRae has emerged as the winner of the BBNaija Season 9 Grand Prize, taking home a staggering N100 million at the grand finale held on Sunday, October 6, 2024. While his victory is no longer a secret, it’s the secret he and his wife, Kassia, kept for nine intense weeks inside the BBNaija House that has everyone talking. What truly set KellyRae apart in this high-stakes competition wasn’t…

Raising Monetary Policy Rate will curb inflation, excesses – Cardoso Central Bank of Nigeria, Olayemi Cardoso … acknowledging that the bank’s policies are gradually steering the economy in the right direction. The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has defended the bank’s decision to raise the Monetary Policy Rate to 27.25 per cent, describing it as a necessary move to control inflation and curb excess money in circulation. This is according to a press statement from the apex bank on Sunday. Speaking during an address at the Harvard Club of Nigeria over the weekend, Cardoso emphasized…

In 7 months, PoS transactions reach N6.23tn PoS operator In 7 months, PoS transactions reach N6.23tn Point of Sale transactions in Nigeria totalled N6.23tn between January and July 2024, according to data from the Nigeria Inter-Bank Settlement System. This marks a 7.4 per cent decline compared to the N6.79tn recorded in the same period in 2023, reflecting changes in consumer behaviour and spending patterns. A breakdown of the NIBSS data shows that PoS transactions increased by 5.3 per cent in January to N850.09bn, up from N807.16bn in the corresponding month of 2023. However, February witnessed a decline to N805.05bn, down…

FG works on repairing Abuja-Kaduna dual carriageway FG works on repairing Abuja-Kaduna dual carriageway. The Federal Ministry of Works has initiated emergency repairs on failed sections of the Abuja-Kaduna Dual Carriageway to improve conditions for road users. This announcement was made in a statement on Sunday by the ministry’s Director of Press and Public Relations, Mohammed Ahmed. According to the statement, the contractor, Messrs H&M (Nig.) Ltd, mobilised to the site on October 2, 2024. Ahmed specified that the contract for Section I of the Expressway spans from kilometre 0 + 00 (Zuba, FCT) to kilometre 31 + 200 (Tafa,…

Kano gov honours by US institute, Award of Excellence, National Award from Nigerian Union of Teachers Kano State Governor, Abba Yusuf Kano gov honours by US institute, Award of Excellence, National Award from Nigerian Union of Teachers. Kano State Governor, Alhaji Abba Yusuf, has been awarded a prestigious Fellowship by the United States Chartered Institute of Management and Leadership. In a press statement issued on Saturday by the Governor’s spokesperson, Sanusi Tofa, it was stated that the Institute had not only conferred the fellowship upon Governor Yusuf but also honoured him with an Award of Excellence, recognising his significant contributions…

Bala Mohammed @66, Bauchi Ministry of Agriculture felicitates Governor Bala Mohammed Abdulkadir As Bala Mohammed becomes 66, Bauchi Ministry of Agriculture felicitates with him. The Bauchi State Ministry of Agriculture on Sunday congratulated Governor Bala Mohammed Abdulkadir on the occasion of this 66th birthday anniversary. This was contained in a press release signed by the Honorable Commissioner for Agriculture, Professor Simon Madugu Yalams, and made available to newsmen in Bauchi. The press statement reads, “On the occasion of your birthday, we celebrate a selfless leader, a pillar of development, a resilient peace ambassador, and a beacon of hope for Bauchi…

Gov Eno’s Daughter Replaces Mother As Acting Akwa Ibom’s First Lady Helen Eno Obereki Gov Eno’s Daughter Replaces Mother As Acting Akwa Ibom’s First Lady. Pastor Umo Eno, Akwa Ibom State governor, has hinted on the importance of the Office of First Lady in the State noting that the enormity of responsibilities of the office left vacant by the death of his wife has become too weighty to be allowed to be ignored. In lieu of this, he has named his first daughter, Mrs. Helen Eno Obereki, to fill the void left by her mother’s passing, with the responsibility of…