FG kicks off Consumer credit with 500,000 beneficiaries

Successful applicants for the Consumer Credit Loan will start getting the cash next week, Chief Executive Officer (CEO), Consumer Credit Corporation (CREDICORP), Uzoma Nwagba said yesterday. According to him, N100 billion had been released for roll out to the beneficiaries. The Federal Government introduced the scheme to remove structural, market and policy barriers and accelerate access … [Read more…]

Tinubu woos Chinese investor on investments in Africa 

President Bola Ahmed Tinubu has said Africa holds vast opportunities for investments, growth and development with its population, productive economy and natural resources. Speaking at a bilateral meeting with Chinese Premier Li Qiang, on Wednesday in Beijing, China, President Tinubu commended the role of the Forum on China–Africa Cooperation (FOCAC) in advancing partnership between Africa … [Read more…]

Enugu gov’t refutes report on fines on renewable energy sources, clarifies position on industrial gas emission levy

The Enugu State Government has clarified its position on the reports over the collection of industrial gas emission levy by consultants to the Ministry of Environment and Climate Change, noting that the exercise had since been suspended on 29th August 2024 and the consultancy terminated with immediate effect. It also clarified that Governor Peter Mbah … [Read more…]

‘We Feel Betrayed’ – NLC Demands Immediate Reversal of Fuel Price Hike, Calls for Release of Protesters

Nigeria Labour Congress (NLC) has called for the immediate reversal of the fuel price hike, the release of those arrested during the #EndBadGovernance protests, the halt of indiscriminate arrests, and the reversal of the electricity tariff hike. The NLC accused President Bola Tinubu’s administration of betrayal following a sudden hike in the pump price of Premium Motor Spirit (PMS), describing … [Read more…]

Clampdown on Journalists: Nigeria Police Force Declares David Hundeyin Wanted in Connection to PIDOM 

The Nigerian Police Force has declared investigative journalist David Hundeyin wanted in connection with the prosecution of Isaac Bristol, accused by the Nigeria Police Force of being the prominent anonymous online whistleblower PIDOM Nigeria. In a statement released on Tuesday by the Force Public Relations Officer, ACP Olumuyiwa Adejobi, Hundeyin and Michael Temidayo Alade were … [Read more…]

Oyo APC Alleges Plan To Render 100,000 Residents Homeless Through Circular Road Project

The Oyo State chapter of the All Progressives Congress (APC) has called on Governor Seyi Makinde to rescind the alleged decision to take over pieces of land belonging to some residents of Ibadan in the guise of creating setbacks for the ongoing circular road project. According to the main opposition party in the state the ‘controversial’ … [Read more…]

NNPCL raises petrol price to N897 as Dangote refinery set to begin sales of its petrol

Dangote Refinery has announced the production of its first batch of Premium Motor Spirit (PMS), commonly known as petrol, from its 650,000 barrels per day facility. The announcement comes after over a year of the refinery’s launch in May 2023. At a press conference on Tuesday, Aliko Dangote, the owner of the Lagos-based refinery, declared the … [Read more…]

Police Confirm Petrol Bomb Attack on Anambra Police Station

The Anambra State Police Public Relations Officer, SP Ikenga Tochukwu, has confirmed the incident of the double attack launched in the early hours of Tuesday, September 3, on the Oba Divisional Police Headquarters and Oba Civic Center both in Idemili South Local Government Area of Anambra State by some heavily-armed yet-to-be-identified gunmen. He also revealed … [Read more…]