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Tag Archives: slideshow’library

Nigeria incurs N1.4tr under-recovery on petrol yearly – Kachikwu

Nigeria currently incurs over N1.4 trillion yearly as under-recovery or losses on the importation and sale of petrol, minister of Petroleum Resources, Dr. Ibe Kachikwu, said yesterday. The minister made the revelation at a workshop on the Harmonization of Liquefied Petroleum Gas (LPG) Regulatory Requirements in Abuja. According to Kachikwu, the government through the Nigeria National Petroleum Corporation (NNPC), continues ...

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Behold the 6 banks that meet CBN’s dividend payout rule

The Central Bank of Nigeria (CBN) circular on dividend payout by commercial banks and discount houses has been analysed based on the performances and balance sheet positions of all lenders. A report released yesterday by Afrinvest West Africa, an investment and research firm, showed that only six banks – Access Bank, First City Monument Bank (FCMB), Guaranty Trust Bank, United ...

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Govt official bans Valentine’s Day celebration

The Mayor of Mataram, West Nusa Tenggara Barat, Indonesia has banned the celebration of Valentine’s Day in the city. He said that it is not an Indonesian culture that needs to be preserved. “Valentine’s celebration is not our culture,. That’s why we strictly forbid its celebration—especially among students and in school environments,” Mataram Mayor Ahyar Abduh said on Monday, Feb. ...

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Alao-Akala Join APC this weekend ahead 2019

The All Progressives Congress, APC, will welcome to its fold, former governor of Oyo State, Chief Adebayo Alao-Akala; former Senate leader, Senator Teslim Folarin and former Secretary to the State Government, Chief Ayodele Adigun, on Saturday. Also expected to join the party were Ambassador Taofeek Arapaja, Honourable Segun Odebunmi, Rauf Olaniyan, Honourable Ayoola Makanjuola, Alhaji Rasaq Gbadegesin, alongside their supporters, ...

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Buhari appoints NIA DG quietly amid intrigues in Aso Rock

Ambassador Mohammed Dawuda has been appointed as the Acting-Director General of the National Intelligence Agency. The appointment was said to have been quietly approved by President Muhammadu Buhari over the weekend. Beyond the appointment, fresh facts have emerged of the deepening intrigues within the innermost recesses of the Aso Rock Presidential Villa. The result is that those who understand how ...

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Presidency denies that Buhari is so sick he cannot eat or drink

Sources inside Aso Rock say President Buhari’s health deteriorated heavily in the last few weeks – They say the cabal is frustrating efforts by the President to travel abroad for treatment – The report says President Buhari’s UK physicians say he needs to travel as quickly as possible for a long-term treatment – President Buhari’s PA on new media says ...

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Lagos partners GTBank renovation of public library


The Lagos State Government has commenced the total renovation and upgrade of the Herbert Macaulay Public Library, Yaba to international standard. The upgrade, which is being carried out through a partnership with Guaranty Trust Bank as part of the Lagos State Government’s Adopt-A-Library initiative, falls under the larger objective of the State Government to ensure increased access to knowledge for ...

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