18 m. ago FG moves to unlock idle oil assets, pledges incentives for investors

From Adanna Nnamani, Abuja The federal government has vowed to activate provisions in the Petroleum Industry Act (PIA) that will compel oil companies to either develop or farm out idle assets, as part of efforts to boost production and attract fresh investments into Nigeria’s energy sector. The Minister of State for Petroleum Resources (Oil), Senator […] The post FG moves to unlock idle oil assets, pledges incentives for investors appeared first on The Sun Nigeria.

Politics

52 m. ago Interview: Abure is fueling LP crises, must be probed – Oluchi Opara

From Idu Jude, Abuja Mrs Oluchi Opara, former treasurer of the Labour Party, has again stressed the need for a probe of the leadership of the party’s National Chairman, Barrister Julius Abure, stating that he is the one fueling party crises for self-benefit. Oluchi Opara, in an exclusive interview with The Sun, remarked that the […] The post Interview: Abure is fueling LP crises, must be probed – Oluchi Opara appeared first on The Sun Nigeria.

Politics

52 m. ago CAC blasts COZA pastor for saying founder was anointed but lacked money

…Fatoyinbo apologises By Chinelo Obogo Christ Apostolic Church (CAC) has blasted Pastor Biodun Fatoyinbo of the Commonwealth of Zion Assembly (COZA) over comments he made about the late Apostle Joseph Ayo Babalola, the first General Evangelist of the church Fatoyinbo was seen in a video clip describing Babalola as “anointed”, but that all the […] The post CAC blasts COZA pastor for saying founder was anointed but lacked money appeared first on The Sun Nigeria.

Politics

80 m. ago Benue: ICMPD, NAPTIP engage school principals, STEAP Vanguards coordinators to fight trafficking

By Scholastica Hir, Makurdi The National Agency for the Prohibition of Trafficking in Persons (NAPTIP), in collaboration with the International Centre for Migration Policy Development (ICMPD) and the Benue State Ministry of Education, has engaged school principals in Benue State to adopt strategic approaches to curb the high rate of human trafficking in the state. […] The post Benue: ICMPD, NAPTIP engage school principals, STEAP Vanguards coordinators to fight trafficking appeared first on The Sun Nigeria.

Politics

87 m. ago NCC boss hails Tinubu’s appointment of new board to drive digital economy growth

From Adanna Nnamani, Abuja Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has applauded President Bola Tinubu’s appointment of Mr. Idris Olorunnimbe as Chairman-designate of the Commission’s Board, alongside other designate Board members and members of the Universal Service Provision Fund (USPF) Board, as a major step towards accelerating […] The post NCC boss hails Tinubu’s appointment of new board to drive digital economy growth appeared first on The Sun Nigeria.

Politics

91 m. ago ASUU, NAAT, others absent as FG launches loan scheme for tertiary institutions’ staff

From Fred Ezeh, Abuja The federal government, on Thursday, launched the Tertiary Institutions Staff Support Fund (TISSF), a scheme designed to offer loan opportunities to staff of government-owned tertiary institutions in Nigeria. Surprisingly, some university-based unions, particularly the Academic Staff Union of Universities (ASUU) and the National Association of Academic Technologists (NAAT), whose members are […] The post ASUU, NAAT, others absent as FG launches loan scheme for tertiary institutions’ staff appeared first on The Sun Nigeria.

Politics

97 m. ago Benue killings: Yelewata community appeals for security post, housing, cash support for displaced members 

From Scholastica Hir Makurdi    Members of Yelewata community in Guma Local Government Area (LGA) of Benue State have appealed to the State Government to utilise the funds donated by governments and organisations after their community was attacked to support them to return to their normal lives. The Community made this appeal on Thursday during […] The post Benue killings: Yelewata community appeals for security post, housing, cash support for displaced members  appeared first on The Sun Nigeria.

Politics

1 hour ago Weak industrial capacity seen threatening Nigeria’s economic growth prospect

Nigeria’s industrial sector has been seen as performing below expectations, posing a substantial threat to the country’s economic growth prospects, read more Weak industrial capacity seen threatening Nigeria’s economic growth prospect

Politics

1 hour ago NLC gives FG 7 days to refund diverted workers’ funds from NSITF

From Adanna Nnamani, Abuja The Nigeria Labour Congress (NLC) has given the Federal Government a seven-day ultimatum to refund all allegedly diverted workers’ contributions from the Nigeria Social Insurance Trust Fund (NSITF) and to constitute the Governing Board of the National Pension Commission (PENCOM) in accordance with the law. The directive was among the resolutions […] The post NLC gives FG 7 days to refund diverted workers’ funds from NSITF appeared first on The Sun Nigeria.

Politics

1 hour ago Aspira partners LAWMA to empower sanitation workers in Lagos

underscores long-standing commitment to hygiene, public health Aspira Nigeria Limited, manufacturer of a range of home and personal care products read more Aspira partners LAWMA to empower sanitation workers in Lagos

Politics

2 h. ago FCT receives four hybrid buses as part of presidential initiative to boost transportation

From Juliana Taiwo-Obalonye, Abuja In a significant step towards enhancing public transportation in the Federal Capital Territory (FCT), the administration officially received four super 50-seater hybrid buses under the Presidential Compressed Natural Gas (PCNG) Initiative on Thursday. Transport Mandate Secretary, Chinedu Elechi, who represented the Minister of FCT, Nyesome Wike, described the move as a […] The post FCT receives four hybrid buses as part of presidential initiative to boost transportation appeared first on The Sun Nigeria.

Politics

2 h. ago TETfund to address abandoned projects in tertiary institutions

From Desmond Mgboh, Kano The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Sonny Echono, has expressed commitment to addressing the issue of abandoned and uncompleted projects in Nigeria’s tertiary institutions Echono, an architect, spoke on Thursday at the commissioning ceremony of a world-class International Conference Centre (ICC) at Bayero University, Kano. He disclosed […] The post TETfund to address abandoned projects in tertiary institutions appeared first on The Sun Nigeria.

Politics

2 h. ago Why Sovereign Bond Composite Notes could bridge Nigeria’s SME $32bn credit gap

Sovereign Bond Backed Composite Notes (SBCNs) can serve as a catalyst to accelerate Nigeria’s funding-starved small and medium enterprises (SMEs) read more Why Sovereign Bond Composite Notes could bridge Nigeria’s SME $32bn credit gap

Politics

2 h. ago Customs arrests 13 suspects with N3.145bn worth of smuggled goods in South West

By Steve Agbota The Federal Operations Unit (FOU) Zone A of the Nigeria Customs Service (NCS), on Thursday, said it arrested 13 suspects with N3.145 billion worth of smuggled goods in the South West of the country. The intercepted items include petrol, seven truckloads of rice, used cars, cannabis sativa, used clothes and other contraband. […] The post Customs arrests 13 suspects with N3.145bn worth of smuggled goods in South West appeared first on The Sun Nigeria.

Politics

2 h. ago Fintech launches AI assistant for migrants, offers over ₦1 billion travel loans

From Lateef Dada, Osogbo To ease the pains of migrants and ensure easy access to foreign education, a financial technology hub, Vesti, has launched an AI-powered assistant designed to assist students and other migrants in their overseas travels. This launch comes alongside the announcement of over ₦1 billion in loan facilities aimed at helping immigrants […] The post Fintech launches AI assistant for migrants, offers over ₦1 billion travel loans appeared first on The Sun Nigeria.

Economics

2 h. ago Anambra guber: Obi leads LP guber campaign as Moghalu inaugurates 21 LG campaign council

From Aloysius Attah, Onitsha Against fears that the presidential candidate of the Labour Party, Mr Peter Obi, may have dumped his party for the African Democratic Congress (ADC), it has been made official that he is leading the gubernatorial campaign of the party’s candidate, Chief George Moghalu. Obi had attended the campaign of the ADC […] The post Anambra guber: Obi leads LP guber campaign as Moghalu inaugurates 21 LG campaign council appeared first on The Sun Nigeria.

Politics

3 h. ago Wema, UPDC, C&I Leasing, Lasaco cause market’s highest daily dip in a month

Nigeria’s equities market recorded a decline by 0.34 percent on Thursday as investors sold stocks like Wema Bank, UPDC, C&I read more Wema, UPDC, C&I Leasing, Lasaco cause market’s highest daily dip in a month

Politics

3 h. ago Lokpobiri pledges continued support for energy investments in Nigeria

The Federal Government has reiterated its commitment to sustaining policies and incentives that will ensure Nigeria remains an attractive destination for energy investments. This assurance was given by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri Ph.D., during an inspection of the NNPC/Chevron Nigeria Limited (CNL) Joint Venture EGTL facility in Escravos, […] The post Lokpobiri pledges continued support for energy investments in Nigeria appeared first on The Sun Nigeria.

Politics

3 h. ago FG targets $150bn boost through dormant land capital unlocking initiative

The Federal Government has announced plans to unlock over $150 billion worth of dormant land capital nationwide as part of read more FG targets $150bn boost through dormant land capital unlocking initiative

Politics

3 h. ago Why Nigerians need safety nets amid Tinubu’s reforms – Okonjo

The Director General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has urged the Nigerian government to put safety nets in place to cushion the effects of President Bola Tinubu’s economic reforms. Okonjo-Iweala stated this after meeting with President Tinubu at the Aso Villa in Abuja on Thursday. While commending Tinubu for the economic […] The post Why Nigerians need safety nets amid Tinubu’s reforms – Okonjo-Iweala appeared first on The Sun Nigeria.

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