The visas of 177 Nigerian nationals were revoked by Saudi authorities upon arrival in Jeddah. Image: Ayman Zaid/iStock Editorial/Getty Images Saudi-Nigerian relations prompted by widespread visa cancellations at airport. After Saudi Arabia denied entry to 177 Nigerians on Monday, the country’s relations with Nigeria came under scrutiny. The foreign ministry of Nigeria reported that […]
Giant of Russian gas In the North Sea. Image: GETTY IMAGES. Giant of Russian gas In the North Sea, Gazprom earns £39 million. According to financial records, Russian energy behemoth Gazprom made €45 million (£39 million) last year from its North Sea gas production. The Sillimanite field, located in waters off the coasts of […]
Brooklyn Nine-Nine and Homicide were two of Andre Braugher’s most famous roles. Image: GETTY IMAGES Actor Andre Braugher’s death was caused by lung cancer. Andre Braugher, an actor who won two Emmys, passed away from lung cancer, according to his publicist, who confirmed the news. Braugher was diagnosed with the disease a few months ago. […]
EFCC EFCC on a recovery mission of stolen Nigeria goods. Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission, has urged for the immediate and unconditional return of Nigerian stolen assets held in foreign nations. Olukoyede made this call on Tuesday, according to a statement posted on the commission’s X handle on Wednesday, […]
Oyo state governor Oyo state gives farmers 1b loan. The Oyo State Government launched the disbursement of N1 billion Agric Support Loan to farmers in the state’s seven geopolitical zones on Wednesday as part of the Sustainable Action for Economic Recovery. The State Commissioner for Agriculture and Rural Development, Olasunkanmi Olaleye, who presented the dummy […]
CBN CBN commands financial institution to reveal their names. The Central Bank of Nigeria has directed all regulated financial institutions to prominently display their corporate identities on all of their websites, portals, and online applications. On December 7, 2023, the apex bank’s website made this directive public. The directive issued by the CBN aims to […]
Minister of agriculture Change of currency note of great disadvantage to farmers. The Federal Government declared on Monday that the Central Bank of Nigeria’s naira redesign strategy, which ran from December 15, 2022, to early February this year, when the Supreme Court ruled against it, bankrupted farmers. In a similar lament, federal lawmakers declared that […]
Ajaokuta steel company FG on a revival mission of Ajaokuta steel company. Shuaibu Audu, Minister of Steel Development, has asked N35 billion in assistance from financial institutions to resurrect the dormant Ajaokuta Steel Company. Audu stated that the partnership with financial institutions intended to seek the best financing solutions for re-starting the Ajaokuta light steel […]
Origin Energy. Image: oilprice.com. $11-billion offer to buy Australia’s biggest utility company crashes. On Monday, a consortium of investors led by Brookfield attempted to acquire Origin Energy, the major energy retailer in Australia. However, not enough shareholders supported the proposal, and the $11 billion deal fell through. The Australian firm Origin Energy said today […]
Julius Berger Julius Berger submits second Niger bridge to FG. The Federal Government has taken over the construction of the second Niger Bridge from the contractor, Julius Berger. This comes six months after it was commissioned on May 23 by President Muhammadu Buhari’s immediate prior administration. The Minister of Works, David Umahi, stated to press […]