December 2023 - Page 6 of 11

Nigeria To Witness Partial Return Of Fuel Subsidy -World Bank

Mohammed Shosanya Nigeria will witness partial return of fuel subsidy on account of the non cost-reflective nature of the current petrol prices in the country. Alex Sienaert, the bank’s lead economist for

December 14, 2023

News·Nigeria News

NNPCL Remits N4.5trn Revenue

Mohammed Shosanya The Nigerian National Petroleum Company Limited (NNPCL), diclosed it has remitted N4.5trillion generated revenue between January to October this year into Federation Account. The company also disclosed that indices and

December 14, 2023

Oil&Gas

Tinubu Fires FAAN,NAMA Bosses

President Bola Tinubu has approved the suspension, removal, and replacement of some Chief Executive Officers under the Federal Ministry of Aviation and Aerospace Development: Those affected includes Managing Director of the Federal

December 14, 2023

Aviation·Business

Nigeria’s Crude Oil Production, Price Benchmark For 2024 Budget Realistic, Says NNPC

Mohammed Shosanya The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group

December 14, 2023

Oil&Gas

FCCPC Boss Implores Nigerian Youths To Embrace Digital Technology

Mohammed Shosanya Mr. Babatunde Irukera, Executive Vice Chairman of the Federal Competition and Consumer Protection Commission(FCCPC), has implored Nigerian youths to embrace digital technology to catch up with the rest of the

December 14, 2023

Business·IT&Telecoms

Ondo:How Water Tank Crashed On Building,Killed Baby,Mother

There was pandemonium in Aiyedun Quarters, Akure when an overhead water tank crashed on a bungalow and killed an 8-day-old baby girl and her mother in their bedroom. The one-bedroom detached bungalow,

December 14, 2023

Crime/Metro

CBN Gives Updates On Cash Scarcity

Mohammed Shosanya The Central Bank of Nigeria (CBN) says it is addressing the reported cases of cash scarcity in some major cities across the country. It blamed the current situation on the

December 14, 2023

Banking&Finance·Business

Rivers:Gunmen Kill Four Soldiers,Oil Workers Missing

Mohammed Shosanya The Nigerian Army, 6 Division, said four of its personnel on routine escort duty for an oil servicing company in Ahoada East Local Government Area of Rivers State were killed

December 12, 2023

News·Nigeria News

Akeredolu Commences Medical Leave,Hands Over To Aiyedatiwa

Mohammed Shosanya Governor Oluwarotimi Akeredolu has transmitted power to his deputy, Lucky Aiyedatiwa. He would also be embarking on another medical leave on Wednesday. The Speaker of the state House of Assembly,

December 12, 2023

Politics

Privileged Nigerians Involved in Illegal Mining Funding Terrorism — Alake

Mohammed Shosanya The Minister of Solid Mineral, Mr Dele Alake, says powerful Nigerians involved in illegal mining were the ones sponsoring banditry and terrorism in the country. He said this when he

December 12, 2023

News·Nigeria News

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December 2023 - Page 6

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