Dangote Industries Limited has signed an $800 million Memorandum of Understanding (MoU) with China’s Sinoma International Engineering Co., Ltd. to transform its Itori Cement Plant in Ogun State into a major production and export hub by doubling its installed capacity to 12 million metric tonnes per annum. The agreement, signed by Dangote Group President, Aliko…
By Seun Ibiyemi The National Drug Law Enforcement Agency (NDLEA) has thwarted an international cocaine trafficking operation with the interception of drug consignments concealed in a local mortar and a specially modified backpack bound for China and Italy, while also seizing 26,000 bottles of codeine syrup and arresting suspected traffickers in coordinated nationwide operations. The…
By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) has given President Bola Ahmed Tinubu a seven-day ultimatum to order a comprehensive investigation into alleged financial mismanagement involving more than ₦6.79 billion within the Nigeria Police Force and the Federal Ministry of Police Affairs, as well as the disappearance of firearms and ammunition flagged…
By Seun Ibiyemi The Presidency has dismissed recent criticism of President Bola Tinubu’s economic policies by former Vice President Atiku Abubakar, describing his assessment of the administration’s fiscal reforms as outdated, misleading and based on an incomplete reading of Nigeria’s economic realities. In a statement issued on Sunday, Special Adviser to the President on Information…
By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to improving the welfare, working conditions and professional development of Nigerian seafarers through stronger collaboration with key maritime stakeholders, including the Mission to Seafarers (MtS). R-L: Executive Director, Operation, Nigerian Maritime Administration and Safety Agency, NIMASA Engr. Fatai Adeyemi; making…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s persistently high interest rate environment is worsening a financing crisis estimated at more than ₦50 trillion, making it increasingly difficult for manufacturers, farmers, agribusinesses and small businesses to access the long-term credit needed for expansion and job creation. In…
By Seun Ibiyemi The governorship candidate of the All Progressives Congress (APC) in Osun State, Munirudeen Bola Oyebamiji, has called on Christians to play a more active role in governance by electing leaders based on integrity, competence and capacity to serve rather than sentiment. Oyebamiji made the appeal on Sunday during a worship service at…
Nigerian street-pop singer Portable suffered a dramatic defeat on Friday after he was disqualified from his celebrity boxing rematch against Nollywood actor Charles Okocha for walking out of the contest during the opening round. The bout, tagged “Unfinished Business,” took place at the Balmoral Convention Centre, Federal Palace Hotel, Victoria Island, Lagos, and served as…
