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Washington, Nov. 13, 2023 – President-elect Donald Trump returned to the White House on Wednesday for the first time since his election victory and met with President Joe Biden to discuss the upcoming transition of power. “Welcome, welcome back,” Biden greeted Trump as they began their meeting in front of a roaring fireplace, pledging a smooth transition and offering to ensure Trump’s needs were met. “It’ll be as smooth as it can get,” Trump responded, marking a stark contrast to their long-standing political rivalry. The two men have clashed on …

Abuja, Nov. 13, 2024 – The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ikeja Electricity Distribution Company (IKEDC) and Eko Electricity Distribution Company (EKEDP) stop their plan to replace Unistar prepaid meters. The FCCPC gave the directive in a statement on Wednesday. It said the directive was issued due to the DisCos’ non-compliance with instructions from the Nigerian Electricity Regulatory Commission (NERC). Tunji Bello, the Chief Executive of FCCPC, said the directive to discontinue the replacement process stemmed from the DISCOs’ non-compliance with NERC’s order on the …

Abuja, Nov. 11, 2024 – The recent Fitch Ratings projection of deceleration of Nigeria’s inflation rate has been described to be in concordance with the research work of The Democratic Front (TDF) which had long expressed the view that considering various emerging economic variables, inflation rates were bound to come down.  In its statement issued by the team of researchers and signed by the Chairman, Mallam Danjuma Mohammed and Secretary, Chief, Wale Adedayo, the TDF expressed its happiness that Fitch is projecting that inflation figures would nose-dive from the current 33.7% …

Abuja, Oct. 5, 2024 – The Federal Ministry of Works has terminated the N740 billion contract with Julius Berger for the rehabilitation of Abuja-Kaduna-Zaria-Kano Dual Carriageway. The ministry disclosed this in a statement, explaining that termination of the contract was due to non-compliance with reviewed cost, scope, and terms, stoppage of work, and refusal to remobilise to site. The statement said the ministry took the decision after several months of discussions with the contractor failed to yield any meaningful progress. Th statement readsin parts: “Based on non-compliance with reviewed cost, …

Abuja, Nov. 3, 2024 – The National Drug Law Enforcement Agency (NDLEA) says it thwarted an attempt by an international drug syndicate to smuggle in 845 wraps of cocaine weighing 18.72 kilograms at the Lagos airport. The drug consignments, worth ₦4.492 billion in street value, were recovered from two lavatories of an Ethiopian Airlines aircraft during the post-landing cleaning of the cabin of flight ET900 from Addis Ababa to Lagos on Tuesday, Oct. 29, 2024. Femi Babafemi, the NDLEA Spokesman, disclosed this in a statement on Sunday. He said: “The …

Iyin-Ekiti, Nov. 3, 2024 – It was all majesty, grandeur and pageantry on Saturday as Iyin Ekiti, a major town in South-West Ekiti State, celebrated Iyin Day 2024, an annual socio-cultural celebration that brings together all the sons and daughters of the town as well as invited guests from around the country. Notable personalities, including traditional rulers, turned out in their numbers to witness Iyin Day Carnival, which was the culmination of week-long activities that included interdenominational service, medical outreach, environmental sanitation, commissioning of projects, medical outreach, health and fitness …

Lagos, Oct. 31, 2024 – MTN Nigeria reported an after tax loss of N514.9 billion loss in its operation in the first nine months of 2024. This was reported in the company’s unaudited results for the nine months ended Sept 30, 2024 released on Thursday. The company has also reported a N15.0 billion after tax  loss in the same period las year. It attributed the loss to the steady depreciation of the naira which had increased its foreign currency-denominated obligations. The loss impacted negatively on the company’s earnings and shareholders’ …

Lagos, Oct. 30, 2024 – Seventeen young Nigerian girls trafficked to Ghana have been rescued and repatriated back to the country while five traffickers were equally arrested. This latest rescue operation brought to 130 girls repatriated back to Nigeria from Ghana alone since July 2024. This was sequel to the combined and coordinated efforts of the Ghanaian Anti-Human Trafficking Police, Nigerians in Diaspora Organisation (NIDO) Ghana, and the Nigerian High Commission in Accra. Speaking on this latest efforts, Hon. Abike Dabiri-Erewa, Chairman/CEO Nigerians in Diaspora Commission (NiDCOM), expressed her gratitude to Nigeria’s …

Abuja, Oct. 28, 2024 – The federal government is to redesign the federal civil serve logo. This was made indicated by a circular issued by the Office of the HSCF and made available to newsmen in Abuja on Monday by the Head, Information and Public Relations, Eno Olotu. According to the circular, the redesign of the logo is an important step in aligning with the current reforms outlined in the Federal Civil Service Strategy and Implementation Plan 2021-2025 (FCSSIP25). The Office has accordingly itemised the eligibility criteria that would guide …

Washington D.C., Oct. 27, 2024 – Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), says Nigeria is committed to growing its monthly foreign remittances inflow to $1 billion within the shortest possible period. Cardoso told journalists in Washington D.C. on Saturday that this was the main issue of discussion during a meeting with Intranational Money Transfer Operators (IMTO) on the sideline of the ongoing Annual Meetings of the IMF and World Bank. “Our team held productive discussions with leading IMTO when they collectively committed to growing remittance …