The Fidelity Food Bank Outreach has benefitted 1,500 women, children, widows, and the elderly from the one-day feeding program organized by the Fidelity Bank in Osun State. The food bank project was held at St. Benedict Catholic Church, Osogbo, Osun State under the bank’s Corporate Social Responsibility (CSR) Initiative created to reach out to vulnerable persons and reduce the effect of hunger in society. Speaking at the distribution event, the Divisional Head, Brand and Communication, Fidelity Bank Plc, Dr. Meksley Nwagboh, described the Food Bank Initiative as the bank’s contribution towards helping the less privileged in the society. Highlighting the…
Author: Abdoulaye Kay
Examination bodies in Kenya and Uganda have written the Joint Admission Matriculation Board (JAMB) to verify records presented by Nigerian candidates seeking admissions into tertiary institutions in their respective countries. This, according to JAMB in in a document ‘Registrar’s Report on 2023 ADMISSION & 2024 UTME Policy Meeting’ document obtained by Channels Television on Wednesday, followed cases of fake certification recently detected by it. JAMB said the move is to protect Nigeria’s tertiary institutions from international disrepute, adding that it would not falsify the records of any students. “Uganda and Kenya examination boards are now writing to JAMB to confirm…
The $30 million Commodity Murabaha Facility marks a key milestone in ICD’s mission to foster sustainable economic development within its member countries. By directing resources into Türkiye’s agriculture sector, a crucial pillar of the nation’s economy, this partnership aims to enhance food security, promote innovation, and drive the growth of SMEs, which are vital to the country’s economic resilience.
The event, organized by AGRA in collaboration with Ghana’s National Youth Authority, was themed “Unlocking Youth Potential for Sustainable Development: Bridging the Gap, Accelerating Success.” It brought together policymakers, industry leaders, and young Ghanaians to discuss the future of youth involvement in agriculture and sustainable development. The conference also included the Youth and Food Systems Transformation convening, organized under the YEFFA program.
The National Agency for Food and Drugs Administration and Control (NAFDAC), Bauchi State office has begun a three-day exercise in markets in Bauchi State Bauchi markets to mop up fake Milo chocolate drinks in circulation.
The Civil Society Legislative Advocacy Centre and Transparency International Nigeria (CISLAC/TI-Nigeria) have called on state governors to prioritize due diligence and seek legal consultations in contract negotiations. This appeal follows the recent seizure of three Nigerian presidential jets by a French court, linked to a contract dispute between the Ogun State Government and the Chinese firm Zhongshan Fucheng Industrial Investment Co. Ltd. In a statement signed by Executive Director Auwal Musa Rafsanjani, CISLAC/TI-Nigeria expressed deep concern over the escalating legal conflict, rooted in a 2007 agreement for the development of the Ogun Free Trade Zone. Rafsanjani stressed that the fallout…
“The report claiming that Kebbi State has failed to access N1.39 billion in UBEC funds is inaccurate. Governor Nasir Idris graciously approved the the payment of the counterpart fund, and the Kebbi state government has fully accessed these funds. There are no unutilized funds held at UBEC.
The Nigerian National Petroleum Company Limited (NNPCL) has successfully repaid 60% of a $1.036 billion loan that it took in September 2021 to finance the acquisition of a 20% stake in the Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise (DPRP FZE). As of December 31, 2023, NNPC has repaid $625 million of the principal amount, leaving an outstanding balance of $424 million on the principal loan amount. The source of this loan and the details of the repayment are documented in the NNPCL’s financial statement for the year ended December 31, 2023, under the section titled “Financing of investment…
The period from 1st to 10th August was the most challenging time for our nascent democracy and President Bola Ahmed Tinubu and his cabinet members. It was when Nigerians vented their anger, frustration, and dismay to political officeholders with grave consequences. Some people lost their lives, and some lost their personal belongings in addition to the devastating hunger with ravaging alacrity that swept many communities. Many of us had premonitions of the likely unpleasant outcomes of the protest. We prayed for a swift government intervention to ease the hardship and end the agitation for the demonstrations. Some optimists or mischief…
The Nigerian National Petroleum Company Limited (NNPC) has declared a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700 billion (28%) when compared to the 2022 profit of N2.548 trillion. This is contained in its 2023 Audited Financial Statement (AFS). In a world press conference held at the NNPC Towers in Abuja on Monday, August 19, 2024, the Chief Financial Officer of the Company, Mr Umar Ajiya, said the release of the AFS is a testament to the Company’s commitment to transparency and accountability. “Our fiscal performance…