Month: January 2024

Behold the Emergence of Ozo Jerry Patrick Onuokaibe (EZEDIORAMMA 1) as Monarch-elect of Mburubu Kingdom

People of Mburubu community in Nkanu East local government area of Enugu State on Wednesday formally presented to the state government for recognition a renowned estate expert, Ozor Engr Jerry Patrick Onuokaibe as their Igwe-elect. The Mburubu General Assembly presented the Igwe-elect to the Executive […]

The African Export-Import Bank (Afreximbank) has confirmed an initial disbursement of $2.25 billion out of the $3.3 billion crude oil prepayment facility recently approved for Nigeria.

The long-awaited credit support seeks to ameliorate the acute FX shortage in the country which has constrained economic activities and doused investors’ confidence.Also earlier in December, President Bola Tinubu had assured Nigerians of the commitment of his administration to resolve the FX backlogs through the […]

The Dangote Petroleum Refinery has sought the approval of the Federal Government to hit the domestic market with diesel and aviation fuel.

The approval is expected from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, which is responsible for the regulation of midstream and downstream petroleum operations in Nigeria. The refined products are currently stored in the refinery’s storage tanks while awaiting approval. In a statement, […]

I Welcome Betta Edu’s Suspension, Probe; Humanitarian Ministry May Have Been Created To Steal Public Funds – Peter Obi

The candidate of the Labour Party in the 2023 presidential election, Peter Obi, has expressed support for the suspension of Dr Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation. Obi also welcomed President Bola Tinubu’s directive that the suspended minister and the activities […]