March 2024 - Page 3 of 13

Prioritize Crude Supply To Local Refineries,NUPRC Tells Producers

Mohammed Shosanya Nigerian Upstream Petroleum Regulatory Commission (NUPRC),has insisted that producers must give priority to crude supply. Chief Executive Officer, NUPRC, Gbenga Komolafe, disclosed this on Tuesday at a meeting to review

9 months ago

Politics

Omehia Not Former Governor Of Rivers,Court Declares

Mohammed Shosanya A Rivers State High Court, sitting in Port Harcourt has declared that Sir Celestine Omehia is not a former governor of Rivers State and as such is not entitled to

9 months ago

Politics

IBEDC Partners SIPTEO On Fight Against Energy Theft

Mohammed Shosanya The Ibadan Electricity Distribution Company (IBEDC) Plc,says it is intensifying its campaign against energy theft within its network area. Besides,the power company,in collaboration with the Federal Government Special Investigation and

9 months ago

Power

FG Eyes Additional $5bn Investment From Oil,Gas Sector

Mohammed Shosanya The Minister of State Petroleum Resources (Oil) Senator Heineken Lokpobiri,says Nigerian Oil and gas sector shall witness investments to the tune of $5 billion. He spoke on Tuesday at a

9 months ago

Oil&Gas

CBN Increases Interest Rate To 24.75%

Mohammed Shosanya The Central Bank of Nigeria CBN’s Monetary Policy Committee (MPC) on Tuesday announced a significant increase in the benchmark interest rate to 24.75% Speaking to journalists after the MPC meeting,

9 months ago

Banking&Finance·Business

Adams-Aliu Assumes Duty As New Navy Spokesman

Mohammed Shosanya Commodore Aiwuyor Adams-Aliu has assumed duty as the new Director of Naval Information and official Spokesperson for the Nigerian Navy. Rear Admiral J D Akpan, the Admiral Chief of Policy

9 months ago

Next Level

CBN To BDCs:Don’t Sell Dollar Above N1,269

Mohammed Shosanya The Central Bank of Nigeria, CBN, has provided Bureau De Change, BDCs, operators with $10,000 at an exchange rate of N1,251 per United States, US, dollar. This was disclosed in

9 months ago

News·Nigeria News

FIRS Files Tax Evasion Charges Against Binance

Mohammed Shosanya The Federal Government has initiated criminal proceedings against Binance, a prominent cryptocurrency exchange platform. The charges,according to a press statement issued by Dare Adekanmbi, the Special Adviser, Media to the

9 months ago

News·Nigeria News

Detained Binance Executive Fled Nigeria With Smuggled Passport-FG

Mohammed Shosanya The Federal Government,has said that Nadeem Anjarwalla,a suspect in the ongoing criminal probe into the activities of Binance in Nigeria,fled the country through the use of smuggled passport. He escaped

9 months ago

News·Nigeria News

EV Taxi Launches Electric Fleet In Nigeria

Mohammed Shosanya EV Taxi, a leader in innovative transportation solutions, has announced the launch of its electric taxi fleet, a revolutionary transport service offering seamless point-to-point transportation from anywhere within Abuja to

9 months ago

Motoring

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March 2024 - Page 3

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