NDLEA Arrests 18,940 for Drug-Related Offences in Two Years

By Adedapo Adesanya Fils has launched a platform to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The new innovation paves the way for trust and safety in carbon markets, bringing together buyers with capital, and suppliers with high-integrity carbon credits, at the rate and scale required to rebalance the planet.  Designed as a holistic, enterprise-grade B2B2C product offering, Fils leverages the power of leading technologies for its end-to-end infrastructure to transform various industries, including financial services, hospitality, and e-commerce. This makes it easier for businesses to act on the core

By Adedapo Adesanya Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu. President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity. This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI). Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency

By Dipo Olowookere President Bola Tinubu has arrived at the National Assembly to present the 2024 Appropriation Bill to the federal lawmakers. The President got to the parliament at about a few minutes past 11 am on Wednesday, November 29, 2023, and was accompanied by the Vice President, Mr Kashim Shettima; his Chief of Staff, Mr Femi Gbajabiamila; the National Chairman of the ruling All Progressives Congress (APC), Mr Abdullahi Gandoje; and the Secretary to the Government of the Federation (SGF), Mr George Akume; among others. He is expected to present the 2024 budget of N27.5 trillion to a joint

By Bliss Okperan The Nasarawa State House of Assembly has announced its election of Danladi Jatau, representing Kokona West Constituency, as the new Speaker. The state parliament also disclosed on Friday that it now has a new Deputy Speaker, who is Mohammed Oyanki, the lawmaker representing Doma North Constituency. The election of the two principal officers of the legislative arm of the state followed the sacking of its former Speaker, Mr Ibrahim Abdullahi, by the Appeal Court sitting in Abuja on Tuesday. While the new Speaker is a member of the All Progressives Congress (APC), his deputy is a member

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.72 percent at the midweek trading session of the week. This came after the exchange appreciated back to back sessions on Monday and Tuesday. The contraction at the bourse on Wednesday resulted into the depletion of the NASD unlisted securities index (NSI) by 5.09 points to 699.89 points from Tuesday’s 704.98 points. Equally, the market capitalisation depreciated during the day by 0.72 percent equivalent to N3.73 billion to N514.12 billion from N517.85 billion. It was observed that the drop suffered by the market was caused by a depreciation in

By Dipo Olowookere Head of the Civil Service of the Federation, Mrs Winifred Ekanem Oyo-Ita, has called on Service Compact with all Nigerians (SERVICOM) to intensify its sensitization drive of all government agencies towards the provision of quality and effective service delivery to Nigerians. Mrs. Oyo-Ita made this call while receiving a delegation from SERVICOM Directorate led by its Acting National Coordinator Mrs Nnenna Akajemili in her office recently. She further said that, SERVICOM is in line with the strategic plan in the Office of the Head of the Civil Service of the Federation for the development of a new

By Vincent Nwani “The size of a country’s GDP has always tended to influence international investment flows, regional economic recognition and sometimes can weigh into political equations” … Dr Vincent Nwani The GDP War In April 2014, Nigeria emerged as the largest economy in Africa after a rebasing exercise nearly doubled its Gross Domestic Product. Prior to this, South Africa had held the baton for a long time as having the largest economy in Africa including all of the recognitions that come with it. However, through a rebasing exercise Nigeria’s economy was put at about 30% larger than South Africa’s

By Jerome-Mario Chijioke Utomi Going by information in the public domain, World Environment Day is celebrated on June 5 every year by the United Nations Environment Programme (UNEP) to raise awareness about degrading environmental conditions and to encourage people globally to take positive environmental actions, to help create a better future. This year’s celebration, which is hosted by Sweden, had “Only One Earth” as its campaign slogan, with the focus on “Living Sustainably in Harmony with Nature”. The United Nations Conference on the Human Environment aka the Stockholm conference held in 1972 became the first world conference with the environment

With football finding itself within the vice-like grip of a global pandemic, it was enough to put last season’s Champions League at risk and with pan-continental competition being considered an absolute no, it would require a considerable amount of thinking outside the box to restart it. Thinking that was required for this and the Europa League, to reach a rightful conclusion and with the usual format of home and away legs scrapped, it meant one nation would host each of the final phases of these respective competitions. For the Europa League, it was the home of the Bundesliga which become

By Modupe Gbadeyanka The maiden edition of Heritage Bank sponsored sporting event tagged Skoolimpics, wrapped up at the weekend in Lagos with a standing ovation. The event, which took place at the Teslim Balogun Stadium in Surulere, was attended by over 6,000 students from Lagos State’s public and private secondary schools. The venue was electrified and the children felt like the programme should not end. The three-day school sports championships, fashioned in the tradition of the Summer Olympic Games, was supported by the Lagos State Sports Commission. Students competed in five different sporting events like athletics, swimming, basketball, table tennis

By Roger A. Agana Final year students of the Kwame Nkrumah University of Science and Technology (KNUST) over the week paid a familiarization tour of the ultra-modern Rigworld Training Centre (RTC) located at Kejebil in the Ahanta West District of the Western Region. The students, who were all from the Petroleum Engineering Department of the KNUST paid the visit to the training centre to expose them to hands-on practical knowledge and experience of safety training in the oil and gas as well as other areas within the extractive industry. Senior Instructor at the RTC, Gina Donn observed the centre had

By Modupe Gbadeyanka Governor Akinwunmi Ambode of Lagos State has approved a 20–50 percent fare increase for LAGBUS and other BRT operators effective from Wednesday, March 1, 2017. It was explained that the hike is in view of the current economic downturn which has consequently escalated all costs related to operation of the public transport beyond any financial forecast or projection. Speaking at a press briefing in Lagos on Monday, the Managing Director of LAMATA, Mr Abiodun Dabiri, explained that the current government is focused on a strategic reform of the public transport in order to create a world-class public