Estimates from data released by the National Oil Spill Detection and Response Agency (NOSDRA) indicate that Nigeria incurred losses of approximately N335 million due to oil spills between January and August 2023. During this period, NOSDRA recorded a total of … Continue reading Oil spills cost Nigerian government N335 million – Report
The administration of Kano State has given the green light for the allocation of N854 million towards the Auren Zaurawa Mass Wedding Initiative. The Executive Council of the state has also granted approval for the disbursement of N700 million to … Continue reading Kano government approves N854 million for mass wedding
The Minister of the Federal Capital Territory, Nyesom Wike, has dismissed rumors claiming that he purchased a N300 million Armoured Lexus car upon taking office. He refuted these reports during his visit to the Abuja Light Rail. Addressing reporters, he … Continue reading Wike denies purchase of N300 million bulletproof car
A significant decline in China’s birthrate has led to a sharp drop in the value of baby formula producer a2 Milk. As a key market for dairy products from Australia and New Zealand, China’s baby formula sector is crucial to … Continue reading Australian company loses $480 million in one day
Petrol consumption in Nigeria experienced a significant decline of 16.8% during July 2023, according to information provided by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Daily petrol consumption plummeted to 52 million liters compared to the 64.96 million … Continue reading Average daily petrol consumption plunges 16.8% to 52 million litres – NMDPRA
Paris St-Germain has reached an agreement to transfer Brazil forward Neymar to Saudi Pro League team Al-Hilal for around 90 million euros (£77.6 million) plus potential additional payments. The move is contingent upon the 31-year-old successfully undergoing a medical examination … Continue reading PSG agrees to transfer Neymar to Al-Hilal for €90 million
The Federal Communications Commission (FCC) has revealed that more than 20 million households across the United States are now receiving reduced-cost internet service through the Affordable Connectivity Program (ACP), a federal initiative aimed at bridging the digital divide. The ACP … Continue reading Over 20 million Americans participate in federal program for subsidized internet access
The Chairman of Ibaji Local Government Area, William Iko-Ojo, has been suspended by the Kogi State House of Assembly following serious allegations against him. The suspension was based on a petition filed by Jibril Ojochenemi, accusing the Chairman of misappropriation … Continue reading Kogi assembly suspends Ibaji LG chairman for alleged N536.1 million misappropriation
According to data from the Central Bank of Nigeria, the country’s external reserves declined by $167.2 million in July, causing the naira to further depreciate against the dollar. The reserves, which stood at $34.12 billion on June 30, 2023, dropped … Continue reading Nigeria’s external reserves decline by $167.2 million as naira continues to weaken
A 63-year-old woman in Lagos is battling high blood pressure after falling victim to fraudsters who swindled her of N6.2 million. The incident occurred when her daughter transferred money to her on June 7, 2023, for an urgent matter. Unable … Continue reading Fraudsters swindle 63 year old woman of N6.2 million, leaving her ill and traumatized
Vice President Kashim Shettima revealed in Rome that the administration led by President Bola Tinubu has mobilized over half a billion dollars for Nigeria’s food system transformation. The announcement was made during the UN Food Systems Summit in Italy, with … Continue reading FG set to transform food systems with $500 million – Shettima
Within just seven hours of its launch, Meta’s new Twitter rival, Threads, has garnered over 10 million registered accounts, according to Mark Zuckerberg, the billionaire CEO of Meta. Zuckerberg, who goes by the username “Zuck on Threads,” shared the announcement … Continue reading Over 10 million people signed up for Twitter rival, Threads in the first 7 hours of the app’s launch
The Gombe State Police Command has apprehended Sale Kabo, a 30-year-old resident of Bandila village in Gulani Local Government Area of Yobe State, for engaging in cattle rustling valued at N7 million. ASP Mahid Abubakar, the command’s Public Relations Officer, … Continue reading Gombe man arrested for stealing cattle worth N7 million
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