CCECC Completes laying new rail tracks from PH to Aba on schedule
China Civil Engineering Construction Corporation (CCECC) says it has completed the laying of tracks on the Port Harcourt to Aba section of the eastern narrow gauge railway. In a post published on X, John Zhao, an official of CCECC, announced…
Saudi Arabia officially joins BRICS
The BRICS group has welcomed five new members, with further expansion expected later this year. Saudi Arabia on Tuesday officially announced that it has joined the BRICS+ group, with the news carried by state TV. Riyadh has been in negotiations…
Zenith Bank Explains EMTL to Customers
Zenith Bank Plc has given further clarification to the newly introduced Electronic Money Transfer Levy (EMTL) by the Federal Government. In an email sent to its customers, the bank said as follows: “Dear Valued Customer, “We have been mandated by…
Seplat Energy Delivers ANOH Gas Plant
Seplat Energy Plc has announced that the ANOH gas plant installation works reached mechanical completion on 29th December 2023, in line with the revised timetable. A statement issued by the company on Wednesday explained that the milestone has been achieved…
NGX, PenCom to drive PFAs equity participation with Pension Broad Index
Nigerian Exchange Limited (NGX or The Exchange), in collaboration with the National Pension Commission (PenCom) launched the NGX Pension Broad Index (NGXPENBRD) on 15 June 2023, which provides a broader benchmark for equities investment by the pension industry. The NGX…
No plan to increase Fuel Price—NNPCL
The Nigerian National Petroleum Company (NNPC) Limited has debunked media reports alleging that it had a dispute with Independent Petroleum Marketers Association of Nigeria (IPMAN) over payment subsidy on Premium Motor Spirit (PMS). Some media houses few days ago, had…
As Tinubu shuts down Buhari’s Single Treasury Account
President Bola Ahmed Tinubu’s administration has shut down the Single Treasury Account (TSA) formerly activated and used by Muhammadu Buhari’s government for revenue collection in the country. Therefore, the President, by this decision shown in a circular dated December 28,…
How Stephen Alajemba aka Uwaezuoke rose to stardom
Stephen Alajemba a.k.a Ụwaezuoke or Nwaude Nwakpụda is a popular comic actor who focused mainly on Igbo films and pidgin. He was born on 18th July 1957. He is 65 years old now. Due to his stubbiness,he went for apprenticeship…
Reno Omokri’s Review of Tinubu’s New Year Address
What was missing from President Bola Tinubu’s New Year’s Day broadcast to the nation was sacrifice. Yes, he admitted that the economy was tottering when he took over on May 29, 2023, and he has had to make difficult decisions…
Trade Fair Complex ED calls for new partnership with stakeholders
The Executive Director of Lagos International Trade Fair Management Board, Barr. Vera Ndanusa has called for renewed partnership with stakeholders’ doing business in the complex in the new year, 2024. In a terse complementary message sent to all stakeholders and…
