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Nigeria Recorded N5.81 Trillion Trade Surplus In Q3 – National Bureau Of Statistics

Nigeria Recorded N5.81 Trillion Trade Surplus In Q3 – National Bureau Of Statistics

Nigeria Recorded N5.81 Trillion Trade Surplus In Q3 Nigeria has recorded a trade surplus of N5.81tn in the third quarter of 2024, reflecting a remarkable rise in export earnings, according to the latest data from the National Bureau of Statistics. However, the surplus recorded in Q3 2024 is far lower than the N6.95tn trade surplus recorded in the previous quarter. The NBS in its foreign trade statistics report on Friday noted that Nigeria’s merchandise trade for the Q3 2024 was a total value of N35.16tn, marking an 81.35 per cent increase compared to the same period in 2023 and a…
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Sultan Of Sokoto Led – NSCIA Asked FGN To Revoke Oyedepo Airstrip Licence

Sultan Of Sokoto Led – NSCIA Asked FGN To Revoke Oyedepo Airstrip Licence

Sultan Of Sokoto Led-NSCIA Asks FG To Revoke Oyedepo Airstrip Licence The Nigerian Supreme Council for Islamic Affairs (NSCIA) has asked the Federal Government to revoke the airstrip licence given to the Living Faith Church, also known as Winners Chapel, founded by Bishop David Oyedepo. The council’s call is contained in a communique issued at the end of the 10th meeting of the Expanded General Purpose Committee (EGPC) held at the Abuja National Mosque. In October, the Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), announced the granting of the licence to the Living Faith Church for the construction…
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Nigeria First Lady Gives N50 Million To Best Female Varsity Graduates

Nigeria First Lady Gives N50 Million To Best Female Varsity Graduates

Best Female Varsity Graduates Receive N50 Million From First Lady Best graduating female students of Joseph Ayo Babalola University would be receiving N50 million as an endowment fund from Nigeria’s First Lady, Oluremi Tinubu. Tinubu made the declaration on Friday, December 6, at the 15th convocation ceremony of the university in Ekiti State. Represented by the First Lady of the State, Olayemi Oyebanji, Nigeria’s number one woman she the donation was made in support of education in Nigeria. Tinubu who also received a honorary doctorate at the event said, “Today in my pursuit and support of education, I hereby donate…
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President Tinubu Appoints New CEOs For NUC, 3 Others

President Tinubu Appoints New CEOs For NUC, 3 Others

President Tinubu Appoints New CEOs For NUC, 3 Others President Bola Tinubu has announced the appointment of Chief Executive Officers (CEOs) for the National Universities Commission (NUC), the Nigerian Educational Research and Development Council (NERDC), the Solid Minerals Development Fund/Presidential Artisanal Gold Mining Initiative (SMDF/PAGMI) and the New Partnership for Africa Development (NEPAD). This is contained in a statement issued by Presidential spokesman, Bayo Onanuga on Friday. Tinubu appointed Prof. Abdullahi Yusuf Ribadu, a visiting professor at the NUC, as the organisation’s Executive Secretary. Ribadu is an expert in veterinary reproduction and has served as Vice Chancellor of the Federal…
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President Tinubu Appoints New Nominees For South East, North West Development Commissions

President Tinubu Appoints New Nominees For South East, North West Development Commissions

Tinubu Appoints New Nominees For North West, South East Development Commissions President Bola Ahmed Tinubu has submitted a revised list of nominees for the Governing Board of the North West Development Commission (NWDC) to the Senate, along with nominations for the South East Development Commission (SEDC), as part of his commitment to regional development. The revised NWDC list names Alhaji Lawal Samai’la Abdullahi as the new chairman, replacing Ambassador Haruna Ginsau. Other changes include the replacement of Senator Tijani Yahaya Kaura and Hon. Abdulkadir S. Usman with Ja’afar Abubakar Sadeeq and Yahaya Aminu Abdulhadi. Professor Abdullahi Shehu Ma’aji retains his…
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NNPC Shuns Local Market, Begins Export Of Petrol From Port Harcourt Refinery To Dubai

NNPC Shuns Local Market, Begins Export Of Petrol From Port Harcourt Refinery To Dubai

NNPC Shuns Local Market, Begins Export Of Petrol From Port Harcourt Refinery To Dubai The Nigerian National Petroleum Company (NNPC) has begun the export of petrol from the Port Harcourt Refinery to Dubai, shunning the local market. The Port Harcourt Refinery which began operations in November following rehabilitation shipped its first export of petroleum products to Dubai, with the company expected to load the cargo onboard the Wonder Star MR1 ship in the coming days. The ship will load 15,000 metric tons of the product, which translates to about 13.6 million litres. It is understood that the sulfur content of…
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Police File Fresh Cybercrime Charges Against Activist Dele Farotimi

Police File Fresh Cybercrime Charges Against Activist Dele Farotimi

Police File Fresh Cybercrime Charges Against Activist Dele Farotimi The Nigeria Police Force has filed additional charges against prominent human rights lawyer Dele Farotimi. The latest filing, submitted on Friday to the Federal High Court in Ado-Ekiti, Ekiti State, includes 12 new counts under the Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015. The new charges reportedly aim to obstruct Farotimi’s bail application and prolong his detention. This development follows earlier charges filed by the police in collaboration with the Senior Advocate of Nigeria, Aare Afe Babalola, over comments Farotimi made during an interview and press conferences. Among the accusations, Farotimi is…
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Gov. Otti Vows To Transform Education Institutions, Gives Grants to The 250 Best Graduands Of Dr. Ogbonnaya Onu Polytechnic, Aba

Gov. Otti Vows To Transform Education Institutions, Gives Grants to The 250 Best Graduands Of Dr. Ogbonnaya Onu Polytechnic, Aba

GOVERNOR OTTI VOWS TO TRANSFORM EDUCATION INSTITUTIONS, GIVES GRANTS TO THE 150 BEST GRADUANDS Abia State Governor, Dr. Alex Otti has vowed to transform educational institutions in Abia State with a view to ensuring that students are capable of being employment creators on graduation. Governor Otti was speaking during the 19th - 21st combined convocation ceremony of the Dr. Ogbonnaya Onu Polytechnic, Aba, formerly Abia State Polytechnic, revealing that he would allocate the 20 percent of the 2025 budget outlay to education just like that of 2024, noting that his commitment to education has led to great support given to…
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Four Labour Party House Of Reps Members Defect To APC

Four Labour Party House Of Reps Members Defect To APC

Four Labour Party Reps Defect To APC (See Names) Four members of the house of representatives have defected from the Labour Party (LP) to the All Progressives Congress (APC). Tajudeen Abbas, speaker of the house, announced the lawmakers’ defection on the floor of the green chamber on Thursday. The lawmakers are Rep Tochukwu Okere, Imo State; Rep. Donates Mathew, Kaduna State; Bassey Akiba, Cross River State; and Iyawu Esosa Edo and Rep Erthiatake Ibori-Suenu, Delta State, who defected from PDP to APC. Responding to the defection, the minority whip, Ali Isah JC (PDP-Gombe), asked the speaker to declare the seats…
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Fire Razes University Of Ibadan Female Hostel

Fire Razes University Of Ibadan Female Hostel

Fire Razes UI Female Hostel A fire has engulfed a section of Queen Elizabeth Hall, a female-only hostel for undergraduates at the University of Ibadan (UI). The incident occurred in the early hours of Thursday, although the exact cause of the fire remains unknown as of the time of this report. The blaze primarily affected the offices of the Hall Warden and the Secretary, raising concerns about the safety and security of students residing in the facility. Confirming the incident, the Director of Public Relations at the university, Mrs. Joke Akinpelu, said the cause of the fire has not been…
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