Senate approves establishment of 18 Universities
The Senate has passed a bill seeking to establish 18 Federal University of Medical Sciences and Biomedical Technology across the six geo-political zones in Nigeria. The proposal was approved after the submission of a report by the Senate Committee on Health on Tuesday, April 5. Senator Yahaya Oloriegbe, the chairman
5 people opened fire in deadly mass shooting- Sacramento police
Sacramento police say at least five men were involved in last weekend’s mass shooting that left six people dead and a dozen injured. Investigators said Wednesday that number could grow as they piece together clues. The police said in a statement that it “is increasingly clear that gang violence is
Que-Machano organised training for organic cashew Certification and export
Que-Machano Nigeria Limited, in conjunction with Valency International Agro Limited and Udoamaka Diogbe Farmers Multi-purpose Cooperative Society Limited, organized a three-day training in Enugu State. Mr Pankaj Chawla, a cashew nut processing expert, says aging trees are still a serious concern for the cashew nut industry in Nigeria, both for
CBN warns Nigerians against unlicensed investors
By Dooshima Fidelis The Central Bank of Nigeria (CBN) has advised Nigerians to shun unlicensed financial operators offering mouthwatering returns on investments. On Monday, the CBN, through its Financial Services Regulation Coordinating Committee (FSRCC), advised Nigerians to stop dealing with such firms. It noted that many Nigerians have fallen victims
Mosque Committee disengages Imam for not being remorseful over govt
By Dooshima Fidelis Following the recent termination of the Former Chief Imam of the National Assembly Legislators’ Quarters Mosque Apo, the management committee has yesterday justified the sack of the Imam, saying that he was not remorseful for his criticism of the government. Recalled, the Management Committee of the National
Mayor Lucky Igbokwe promises turnaround for Abia as he picks PDP Guber form
Philanthropist and businessman, Mayor Lucky Igbokwe has announced fresh plans to turn the fortunes of Abia State around as he picks expression of interest and nomination form purchased by a group of friends under aegis of ‘Concerned Friends of Mayor Lucky Igbokwe.’ Speaking on behalf of the group, Hon. Kaycee
FG’s N1.3trn electricity intervention fund underperformed—Finance Minister
The minister of finance, budget and planning, Zainab Ahmed, said that the N1.3 trillion intervention fund the federal government provided for the power sector has not yielded any significant result. On March 1, 2017, the federal government had approved the sum of N701 billion as a power assurance guarantee fund
Electricity: Power generation plunges to 495MW with 3 plants on grid
Nigeria’s electricity challenge worsened yesterday as grid power generation crashes to 495.20 Megawatts with just Jebba Hydro (335MW), Olorunsogo NIPP (107.20MW) and Sapele (53MW) on the grid as at 3pm. Earlier checks by the Energy Reportdaily on data from the National System Operator, NSO, showed that as at 2pm total
Crude oil prices: Nigeria’s Bonny light, other OPEC grades drop
Despite significant rises in the world’s leading crude oil grades in the international market yesterday, Nigeria’s crude oil grade, Bonny light, declined to $110 per barrel from $111.5 per barrel recorded last Friday. Crude oil prices in the international market witnessed an average three percent rise yesterday as the release
High diesel prices add strain to battered economy
A popular, large modern grocery in Surulere Lagos shut down for days because it couldn’t find diesel to power generators, leaving fresh food to rot. An Indian business owner in Nigeria travels to Mumbai for medical checks and the cause of his high-blood pressure was traced to his constant worry