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PRESIDENT TINUBU MOVES DIGITAL FREE ZONES INITIATIVE TO IMPLEMENTATION, TARGETS MORE GLOBAL JOBS AND INVESTMENT FOR NIGERIANS. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU MOVES DIGITAL FREE ZONES INITIATIVE TO IMPLEMENTATION, TARGETS MORE GLOBAL JOBS AND INVESTMENT FOR NIGERIANS President Bola Ahmed Tinubu has moved Nigeria’s Digital Free Zones initiative to its next phase, as the Renewed Hope administration seeks to make it easier for Nigerian technology and service companies to raise global capital, employ Nigerians and build for international markets without moving their businesses and intellectual property abroad. The President said the initiative will also create opportunities for more young Nigerians to work for global companies from Nigeria and expand the domestic ecosystem of engineers, developers, designers, lawyers, accountants and other professionals who provide services to growing digital businesses. “Nigeria has the talent, enterprise and ambition to build companies that can compete anywhere in the world. Our responsibility as a government is to ensure that Nigerians do not have to leave Nigeri...

WHY MOST NOLLYWOOD STARS ARE SUPPORTING THE 'OTHER PERSON' AGAINST ME- YUL EDOCHIE THROWS SHADE.(PHOTO).

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Why most Nollywood stars are supporting the ‘other person’ against me – Yul Edochie throws shade Yul Edochie, a Nollywood actor, has revealed why most of his colleagues are on his case. The veteran entertainer, who appeared on a podcast, stated that many of his colleagues are envious of his success, which is why they are viciously tackling and criticising his every move. He stated that he is much bigger and stronger than them, which is why they are against him. He made a suggestive remark, claiming that they chose to support the opposing party not because they love the person, but to sabotage and express their hatred for him. The actor captioned the video: “Jealousy wan kill them. My career is bigger than theirs. My name is bigger than theirs. My acting prowess, they can’t match it even in their next life. My voice alone is bigger than all their careers put together. 😀😀😀😀  

NNPC LTD, TOTALENERGIES SIGN MOU ON ADOPTION OF METHANE DETECTION TECHNOLOGY.(PHOTOS).#PRESS RELEASE

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  PRESS RELEASE NNPC Ltd, TotalEnergies Sign MoU on Adoption of Methane Detection Technology …As TotalEnergies Boss Lauds NNPC Ltd on Reforms The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream operations. With the agreement, which is a direct benefit from the Company’s participation at the recently concluded United Nations Climate Change Conference (also known as COP28) in Dubai, UAE, NNPC Ltd. will be able to deploy the TotalEnergies AUSEA technology on its upstream operations sites to ascertain the level of methane emissions from them, with a view to working out emission curtailment measures to help in combating global warming and climate change. The MoU was signed by NNPC Ltd.’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, and M...

DELTA STATE POLICE FOILED AN ATTEMPTED KIDNAPPING/ARMED ROBBERY, RECOVERED TWO AK-47 RIFLES, THIRTEEN ROUNDS OF 7.62MM AMMUNITION.(PHOTOS).#PRESS RELEASE

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PRESS RELEASE DELTA STATE POLICE COMMAND FOILED AN ATTEMPTED KIDNAPPING/ARMED ROBBERY, RECOVERED TWO AK-47 RIFLES, THIRTEEN ROUNDS OF 7.62MM AMMUNITION  _CP Wale Abass reassures the continuous high-density patrols and operations within the state during the festivities and beyond. He reiterated the command’s commitment on cleansing the state from criminally minded elements_  Crime intelligence operations being conducted throughout the Ember months period keep yielding positive results as the operatives of the command have successfully foiled an attempted kidnapping and recovered two AK-47 rifles on 17/12/2023.  On the said date at 2130hours, the Command received credible information about a gang of suspected kidnappers around Okpe LGA. Acting on this information, the Commissioner of Police Delta State Police Command, CP Wale Abass _psc_ directed the Commander Safer Highway CSP Joseph Onubi to mobilize men deployed around Sapele axis. Safer Highway Patrol team embarked on a...

FAKE EMPLOYMENT: OVER 1,000 NIGERIANS STRANDED IN UK- IOM.(PHOTO).

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Fake Employment: Over 1,000 Nigerians stranded in UK – IOM The United Nations Migration Agency, International Organization for Migration (IOM), has advised potential migrants to be cautious of a syndicate that specializes in offering fake employment letters to Nigerians seeking to work in the United Kingdom, UK. Urging them to seek out proper information before embarking on any migration, the IOM disclosed that over 260,000 Nigerians had approached it in 2023, seeking guidance on how to migrate through regular or approved routes and also undergoing pre-departure medical health assessments. It said no fewer than a thousand Nigerians are currently stranded in the UK, having gotten visas based on the fake employment letters procured for them, only to get to the respective organizations in the UK and then be denied acceptance because the letters did not emanate from those organizations. IOM’s Chief of Mission, Mr Laurent De Boeck, disclosed this at a news conference Monday in Abuja. Accord...

ABUJA MUSICIAN, BAND MEMBERS ALLEGEDLY KIDNAPPED. (PHOTO).

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 Abuja musician, band members allegedly kidnapped ABUJA — Popular Juju musician, Omoba De Jombo Beats and his band members were reportedly kidnapped while en route Kogi for a live performance. According to a social media post by a fellow musician, Adeyinka Adeboye, also known as Boyebest, the kidnappers are demanding a ransom of N10 million for their release. The news of the alleged kidnap broke on Boyebest’s Instagram account, where he expressed his dismay and concern for their safety. The band members were on their way to Kogi for a live performance on Sunday when the incident allegedly took place. “This is so scary. God have mercy. @omobadejumbobeats and his band members were kidnapped on their way to Kogi from Abuja for a performance yesterday. Please, we need help as the kidnappers are demanding a N10 million ransom for each person,” he wrote. When a Vanguard visited Omoba De Jombo Beats’ studio at Silverline Plaza, along Muhammadu Buhari Way, Garki II, Abuja, he found the pre...

NIGERIANS MAY BURN OVER N1.5TR ON COOKING GAS IN 2024 AMID INCENTIVES.(PHOTO).

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Nigerians may burn over N1.5tr on cooking gas in 2024 amid incentives • Deforestation may worsen as cooking gas soars by 164% in five years • Waivers to cost govt N10.5 billion in revenue loss • N250b CBN intervention fund fails as import continues • Stakeholders seek new interventions to halt importation  Nigerians spend about N1.5 trillion on liquefied petroleum gas (LPG) yearly, an amount that may be exceeded next year on account of rising prices of the commodities and put more pressure on the incomes of households. Coming as millions of Nigerians are returning to charcoal, casting doubts on the country’s cleaner fuel initiative amidst the rising prices of kerosene, the waivers of custom duty and value-added tax (VAT) on LPG may not have significant impacts on the consumption of the household product. Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has said that the country consumes 1.4 million metric tonnes of LPG yearly. This translates to 1.4 billion kil...

NAIRA APPRECIATE TO N1240/$ IN PARALLEL MARKET.(PHOTO).

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Naira appreciates to N1240/$ in parallel market The naira appreciated yesterday  to N1,240 per dollar in the parallel market from N1,250 per dollar last Friday. Similarly, the naira appreciated to N888.35 per dollar in the official Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N888.35 per dollar from N889.86 per dollar last week Friday, indicating a N1.51 appreciation for the naira. As a result, the gap between the official and parallel market exchange rates narrowed to N351.65 per dollar yesterday from N360.14  per dollar last week Friday..