Tinubu To Swear-In Justice Kudirat Kekere-Ekun, CJN On Friday

NewsNigeriaPoliticsTinubu To Swear-In Justice Kudirat Kekere-Ekun, CJN On Friday

Uzoamaka Ikezue (Staff Reporter)August 23, 2024

President Bola Tinubu will on Friday swear in Justice Kudirat Kekere-Ekun as Chief Justice of the Federation (CJN). Kekere-Ekun who is the most senior Justice of the Court succeeds Justice Olukayode Ariwoola who bows out after a successful public service career. Tinubu is presently away on a trip to France, it is likely that the Vice President, Senator Kashim Shettima may perform the swearing in ceremony on his behalf. The President in a congratulatory message...

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Gov Oyebanji Appoints Ajeigbe, New Rector Ekiti State Polytechnic 

EducationNewsNigeriaGov Oyebanji Appoints Ajeigbe, New Rector Ekiti State Polytechnic 

Uzoamaka Ikezue (Staff Reporter)August 23, 2024

The Governor of Ekiti State, Biodun Oyebanji has appointed Dr. Sunday Osinkolu Ajeigbe as the new Rector of Ekiti State Polytechnic, Isan-Ekiti. Ajeigbe until his appointment, held the position of the Deputy Rector, Federal Polytechnic Ile- Oluji, Ondo State. His appointment as Rector of the Ekiti State Polytechnic, Isan- Ekiti, takes effect from September 2, 2024. The new rector who holds a doctorate degree in Chemistry takes over from Prof Johnson Kayode Adesodun, whose tenure...

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Allegations Of NNPC Hijack By Cabals, Corporation Clears Air

NewsNigeriaPoliticsAllegations Of NNPC Hijack By Cabals, Corporation Clears Air

Uzoamaka Ikezue (Staff Reporter)August 23, 2024

The Nigerian National Petroleum Company Limited (NNPC) has given clarifications on allegations of hijacking the corporation by cabals. Recall that a press statement was credited to the former Vice President, Alhaji Atiku Abubakar, where he allegedly lamented “the criminal hijack of the NNPC by corporate cabals around the current President”. In a press statement made available to newsmen on Thursday, Olufemi Soneye, the Chief Corporate Communications Officer of NNPC Ltd, listed several points to ‘set...

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Funding Gaps To Complete All Inherited Projects Will Be Reviewed – Umahi

NewsNigeriaPoliticsFunding Gaps To Complete All Inherited Projects Will Be Reviewed – Umahi

Uzoamaka Ikezue (Staff Reporter)August 23, 2024

Sen. David Umahi, Minister of Works has said that the funding gap to complete all the inherited projects by the Bola Ahmed Tinubu administration is about N13 trillion as at May, 2023 and will be reviewed in line with current market realities. The Minister also stated that by estimation the amount will be more than N16 trillion when all projects are reviewed in line with current market realities. Umahi stated this, on Thursday, at the Ministry’s...

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Rivers Crisis: UK-Based Group Seeks Expulsion Of Damagum, Others From PDP

NewsNigeriaPoliticsRivers Crisis: UK-Based Group Seeks Expulsion Of Damagum, Others From PDP

Uzoamaka Ikezue (Staff Reporter)August 20, 2024

The United Kingdom chapter of the Peoples Democratic Party (PDP) has sought the expulsion of the party’s acting National Chairman, Amb. Umar  Damagum and National Secretary, Senator Samuel Anyanwu, for their alleged deliberate efforts to undermine the administration of Governor Siminalayi Fubara of Rivers State. The group in a press statement on Monday signed by Dr. Anita Jackson, described the activities of the PDP chieftains as “treacherous” and “egregious betrayal”. According o the group, the...

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NNPC Posts N3.3trn Net Profit, Declares Dividend Of N2.1trn 

NewsNigeriaOil & GasNNPC Posts N3.3trn Net Profit, Declares Dividend Of N2.1trn 

Uzoamaka Ikezue (Staff Reporter)August 20, 2024

The NNPC Limited (NNPCL) has declared a net profit of N3.297 trillion at the close of the financial year which ended in December 2023. According to the corporation, an increase of over N700 Billion (28%) when compared to the 2022 profit of N2.548 trillion was recorded. A press statement on Monday signed by Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, quoted the Chief Financial Officer of the Company, Mr. Umar Ajiya as saying...

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NNPC Denies Owing International Oil Companies $6.8bn

NewsNigeriaOil & GasPoliticsNNPC Denies Owing International Oil Companies $6.8bn

Uzoamaka Ikezue (Staff Reporter)August 19, 2024

Nigerian National Petroleum Company Limited (NNPCL) has denied reports making the rounds that it owes the International Oil Companies (IOCs) $6.8bn. In a press statement on Sunday signed by Olufemi Soneye, the Chief Corporate Communications Officer, NNPCL, the National oil company also denied reports that it has not remitted revenues to the Federation Account since January, among other allegations. The statement reads, “The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been...

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FG’s $1 Trillion Economy: SEC Rolls Out Initiatives To Attract New Listings

NewsNigeriaPoliticsFG’s $1 Trillion Economy: SEC Rolls Out Initiatives To Attract New Listings

Uzoamaka Ikezue (Staff Reporter)August 19, 2024

To drive activities in Nigeria’s capital market in alignment with the Federal Government’s one trillion dollar economy target, the new management of the Securities and Exchange Commission (SEC) has rolled out new initiatives. Dr. Emomotimi Agama, Director-General of the SEC made the remark at his first post-Capital Market Committee (CMC) press briefing in Lagos over the weekend. Agama expressed the determination of the commission to continue to encourage companies to list and urged the exchanges to take...

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2027: Ganduje Denies Presidential Ambition, Restates Loyalty To Tinubu 

NewsNigeriaPolitics2027: Ganduje Denies Presidential Ambition, Restates Loyalty To Tinubu 

Uzoamaka Ikezue (Staff Reporter)August 19, 2024

Alhaji Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC) has denied any presidential ambition in 2027. The former Kano State Governor had on Sunday restated his loyalty to President Bola Ahmed Tinubu amid posters currently circulating on social media that claimed he would contest the presidency in 2027, and urged the general public to disregard the posters. A press statement signed by Mr. Edwin Olofu, the Chief Press Secretary to the APC National...

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Ohanaeze Hails Obasanjo’s Position On #IgboMustGo

NewsNigeriaPoliticsOhanaeze Hails Obasanjo’s Position On #IgboMustGo

Uzoamaka Ikezue (Staff Reporter)August 18, 2024

…Seeks Punishment For Those Promoting Ethnic Profiling Ohanaeze Ndigbo Worldwide, the Igbo socio-cultural and political organisation has hailed former President Olusegun Obasanjo for his position on the #IgboMustGo, noting that the former president’s disposition to equity and fairness in national issues is legendary. A press statement on Sunday signed by the National Publicity Secretary of the organisation, Dr. Chiedozie Alex Ogbonnia, noted that it has observed with grave concern the orchestrated ethnic profiling, hate speech,...

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