August 2023 - Page 13 of 24

NNPC Gets $3bn Emergency Crude Repayment Loan As FG Moves To Sell Stakes In 19 Entities

The Nigerian National Petroleum Corporation (NNPC) Limited has gotten a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. The company got the crude-for-cash funding

August 16, 2023

Oil&Gas

Nigeria’s Energy Crisis Opportunity For Electric Vehicles To Deepen Relevance-Olaosebikan

Mohammed Shosanya Nigerians will begin to see electric vehicles as the most sustainable, cost-effective solution to their mobility problems on account of the current energy crisis and rising fuel price in the

August 16, 2023

Power

Oyo Moves To Partner IITA On Food Security

Mohammed Shosanya Oyo state governor,Seyi Makinde,has expressed intent of his administration to collaborate with the International Institute of Tropical Agriculture (IITA) to ensure food security in the state. He disclosed while receiving

August 16, 2023

Agriculture

Reps Propose 2% Increase In Students’ Loan

The House of Representatives Ad-hoc committee on Students Loan Fund and Access to Higher Education in Nigeria is proposing an increase of 3% for students loan recently announced by president Bola Ahmed

August 15, 2023

News·Nigeria News

Neymar Joins Al-Hilal For £77.6m

Brazil forward Neymar,has joined Saudi Pro League side Al-Hilal from French champions Paris St-Germain. The deal worth about 90m euros (£77.6m) plus add-ons. Neymar, who joined PSG for a world-record fee of

August 15, 2023

Sports

LASTMA, Army Agree To Strengthen Cooperation On Traffic Management In Lagos

Mohammed Shosanya The Lagos State Traffic Management Authority,LASTMA, and the Nigerian Army,Tuesday agreed to strengthen partnership on traffic management in Lagos. The agreement came to the fore during a working visit paid

August 15, 2023

News·Nigeria News

FG Files Fresh Charges Against Emiefele

Mohammed Shosanya The federal government has filed a fresh 20-count charge against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the High Court of the Federal Capital Territory. He

August 15, 2023

News·Nigeria News

Subsidy: Nigeria Records 30% Drop In Fuel Consumption-Report

The recent subsidy removal by the federal government has caused Nigeria’s consumption and demand for Premium Motor Spirit (PMS) to drop by 30 percent,a data provided by Kpler, a data and analytics

August 15, 2023

Oil&Gas

Nigeria Needs $20bn Yearly To Bridge Gas Infrastructure Gap -NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI),says Nigeria needs about $20 billion annually to bridge the country’s gas infrastructure gap. Executive Secretary, NEITI, Dr Ogbonnaya Orji, stated this at a policy dialogue

August 15, 2023

Oil&Gas

Sanwo-Olu Appoints New Aides

Lagos State Governor, Babajide Sanwo-Olu, has appointed six Special Advisers (non-Cabinet) to serve in various capacities across ministries. The Secretary to the state government, ‘Bimbola Salu-Hundeyin,who disclosed this in a statement on

August 15, 2023

News·Nigeria News

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August 2023 - Page 13

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