General

  ●Crude oil production targets of 2 mbpd by December 2024 NNPC Limited has released its 2023 audited financial statements (AFS), declaring a net profit of N3.297 trillion at the close of the financial year ended December 2023, an increase of over N700 billion (28%) from 2022 profit of N2.548 trillion. The Chairman of the Board of Directors of NNPC …

Former Ogun State Governor, Ibikunle Amosun, has dismissed allegations of breach of contract brought by renowned economist, Pat Utomi. Utomi claims that Amosun’s government breached a contract that led to a Chinese company obtaining a court order to seize three presidential jets in France. Amosun on Sunday responded with a statement revealing that the Ogun State House of Assembly had …

    The Executive Secretary (ES), Nigerian Shippers’ Council (NSC), Pius Akutah, has said the body has saved Nigeria from spending billions of Naira by carrying out its statutory roles and functions. Akutah said this on Sunday during his first visit to Kaduna to interact with council staff and the State Shippers Association (KSSA) He said the Council’s dispute resolution …

The United Nations Tourism delegation, which arrived in Ekiti State on Saturday, yesterday witnessed an extraordinary phenomenon that captured their hearts and minds. Led by the Ekiti State Tourism Development Office, chaired by Barrister Wale Ojo-Lanre, the delegation found themselves literally walking on clouds at the beautiful Oluwaleto Farms, perched atop the majestic Mount Golgotha, Efon Alaye, Ekiti State. Mr …

Operatives of the National Drug Law Enforcement Agency (NDLEA) have recovered 892,400 bottles of codeine syrup worth N6,246,800,000 from Port Harcourt Ports Complex in Onne area of ​​Rivers State. NDLEA Director of Media and Promotion, Femi Babafemi, made this known in a statement issued on Sunday, August 18, 2024. The NDLEA spokesperson said the illicit drugs were recovered from five …

■ GOC 6 Division urges troops to sustain pace Troops of the Nigerian Army’s 6th Division have intensified operations against crude oil theft in the Niger Delta, achieving significant results, including the arrest of several wooden vessels and the destruction of over 40 illegal refining sites across the region. In a statement, Lieutenant Colonel Danjuma Jonah Danjuma, acting deputy director …

A Vietnam-bound businessman, Paul Mbadugha, has been arrested by officers of the National Drug Law Enforcement Agency (NDLEA) at the Nnamdi Azikiwe International Airport, Abuja after testing positive for ingesting cocaine. The 54-year-old suspect was arrested on Monday at the boarding gate of Abuja airport, during the departure of Qatar Airways flight QR 1432 bound for Hanoi, Vietnam, via Doha. …

Kano State Governor Abba Kabir Yusuf has directed the State Public Complaints and Anti-Corruption Commission (PCACC) to immediately investigate drug supply contracts to 44 local government areas in the state. The governor gave the order on Sunday through a statement jointly signed by the Commissioner for Information, Baba Halilu Dantiye and the Director-General, Media and Publicity to the Governor, Mr. …

The House of Representatives on Saturday condemned the kidnapping of 20 medical students in Benue State. Gunmen on Thursday kidnapped the students who were travelling to a conference organised by the Catholic Medical and Dental Students Federation in Enugu. The victims included 12 students from the University of Jos and eight from the University of Maiduguri. The incident has caused …

By Seltue Karweaye According to Liberia’s Public Debt Management Report for the first quarter of fiscal year 2024, which was released by the Ministry of Finance and Development Planning, public debt increased by 0.66% to reach US$2.4 billion by the end of March 2024. The World Bank has indicated that Liberia is currently facing a moderate risk of external debt …