FG Approves Borrowing of Fresh $2.2bn

The federal government has approved a $2.2billion external borrowing plan to strengthen the country’s finances and support economic reforms. Minister of Finance, Wale Edun, disclosed this to State House correspondents on Thursday after the federal executive council (FEC) meeting presided over by President Bola Tinubu at the Presidential Villa. According to him, the financing package … [Read more…]

After Hitting 1.8 Million Barrels Daily Oil Output, Nigeria Eyes 2.5 Million by December

Nigeria’s oil production has hit 1.8 million BPD, marking the highest in years, with an ambitious year-end target of 2.5m bpd. The federal government on Thursday celebrated Nigeria’s achievement of a 1.8 million barrels per day crude oil and condensate output, after struggling for at least four years to meet the quota allocated to it … [Read more…]

EFCC Arrests Man for Alleged Currency Racketeering in Enugu

Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC have arrested one Hussaini Ibrahim in connection with alleged currency racketeering of N460,000.00 (Four Hundred and Sixty Thousand Naira). Ibrahim was arrested by the Special Task Force of the Commission, Enugu Zonal Directorate, on Wednesday, November 13, 2024 following intelligence received … [Read more…]

Edo Gov. Okpebholo Credits Victory to God, Recalls Spiritual Battles

Governor Okpebholo has reflected on election challenges, revealing his reliance on faith and recounting the symbolic encounter with a dead bat. Edo State Governor, Senator Monday Okpebholo, has given account of one of the “temptations” he faced before he was declared winner of the governorship election held on September 21. The Governor said he did … [Read more…]

Customs Generates N5.07 Trillion 2024 Revenue Target

The Nigeria Customs Service (NCS) announced on Tuesday that it has met its 2024 annual revenue target of N5.97 trillion. This was revealed by Comptroller-General Adewale Adeniyi at the 2024 Comptroller-General of Customs (CGC) Conference in Abuja. He confirmed that the agency had already collected N5.079 trillion, with over a month remaining. Adeniyi said the service … [Read more…]

Rotary Club District 9142 Enugu Municipal Celebrates New Yam Festival/Induction of New Members

By Lilian Nwonyeali Rotary Club of Enugu Municipal, Rotary International District 9142, on Sunday, November 10, 2024, celebrated her 2024 Iri ji/Muni cultural festival amidst fanfare and pomp. Speaking at the annual event held at Rotary citizens centre, Hillview Trans-Ekulu, Enugu, the Past Assistant Governor and President of Rotary club of Enugu municipal, Patrick Ubru … [Read more…]

Gov. Nwifuru Decries Rising Spate of Fake News

Governor Francis Ogbonna Nwifuru of Ebonyi State has decried the rising cases of fake news in the country, saying it poses great danger to the nation’s unity if not checked . According to a release by Dr. Monday Uzor, Chief Press Secretary to Governor Nwifuru, the governor spoke during the courtesy visit of the National … [Read more…]

Enugu Govt Says ‘O42 NBC Trade Fair’ Records N500m in Transactions Volume

The recently concluded Enugu 042 NBC Trade Fair recorded transaction volume in excess of N500m, it has emerged. The fair, which was organised by the Enugu SME Agency and NaijaBrandChick (NBC) at Okpara Square, Enugu, also attracted over 120 vendors, mainly from the fashion, food, electronics, and across various other sectors, a development that reflects … [Read more…]

The Legacies of Engr. Raymond Nwobodo Okenwa, MNI, OON; Burial Ceremony Holds Today at Nkanu-East

Publication sponsored by: IKENGA NKANU WORLDWIDE Raymond Nwobodo Okenwa was born on April 18, 1949, into the Royal Family of Igwe Ogbuzulu Okenwa Nwadenyi, Igwenezoruoha I, of the Umuokenwa Nwedenwachi Clan in Umuchiani, Oruku, Nkanu-East Local Government Area (LGA) and Madam Mary Nebiem Okenwa, from Umuchinwoko in Akpugo, Nkanu-West LGA. Both parents came from esteemed … [Read more…]

Asset Recovery, Crucial Issue in Fight against Corruption – EFCC Chairman Olukoyede

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has described asset recovery as pivotal in the fight against economic and financial crimes and a major disincentive against corrupt practices. He stated this in Abuja on Tuesday, November 12, 2024 while addressing members of the House of Representatives Committee on … [Read more…]