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Dangote has called out NNPCL over the Naira-For-Crude Initiative default. NewsOnline Nigeria reports that the Dangote Petroleum Refinery has revealed that the Federal Government is falling short of its commitment to supply crude oil under the naira-for-crude initiative. According to Dangote Industries Limited Vice President, Devakumar Edwin, the refinery has received only a fraction of the agreed volume of crude oil from the Nigerian National Petroleum Company Limited (NNPCL), which is insufficient to boost refined product output. This Nigeria news platform understands that Edwin disclosed in a Reuters report that the NNPCL had pledged to supply at least 385,000 barrels per day (bpd) since…
VDM has mobilized Nigerians to boycott Access Bank over alleged N500m theft of deceased money. NewsOnline Nigeria reports that online personality, Mr. Martins Otse, popularly known as “VeryDarkMan,” has called out Access Bank for allegedly withholding a deceased customer’s N500m. In a now-viral video posted on his official social media handles, VDM narrated how the sum of over N500m lodged in Access Bank Plc by one late Edeth Idong reportedly vanished from the account. This Nigeria news platform understands that VDM accused Access Bank of fraudulent activities and siphoning the alleged sum. He further called on Nigerians and customers to boycott the bank to…
ARO DAY 2024: Foremost Nigeria-born South African preacher to storm Arochukwu for Light of the World Crusade
All is now set for the 2024 edition of the annual Light of the World Crusade in Arochukwu Kingdom, Abia State. To this end, the monarch of the kingdom, Eze Dr (Engr) Eberechukwu Oji is set to host one of South Africa’s foremost man of God, Pastor John Anosike who is the President and Senior Pastor of New World Faith Ministries (Spirit Revelation Church), a multi-cultural, highly dynamic ministry with a membership of over 8000 in Cape Town, South Africa. Anosike, a Nigerian by birth, is also known as the bondservant of Christ, and had his first spiritual encounter with…
A total sum of N77.5 million in prize money was won at the end of a keenly contested hackathon session at the Fourth Edition of the Zenith Tech Fair, themed “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI “, which held on Thursday, November 21, 2024, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos. The prize money was shared among ten finalists who emerged from the over 1,700 contestants that took part in the hackathon, with JumpnPass, a self-checkout technology solution reshaping the retail landscape in Africa emerging as the overall…
President Tinubu has appointed Joseph Ikechebelu as the new acting UNIZIK VC. NewsOnline Nigeria reports that the Federal Ministry of Education has announced the reappointment of Joseph Ikechebelu as the new acting vice-chancellor of the Nnamdi Azikiwe University, Awka (NAU).This Nigeria News platform understands that NAU, a federal university in Anambra State, is popularly known as UNIZIK. The new appointment followed the sack of the controversial seventh substantive vice-chancellor of the university, Bernard Odoh, by President Bola Tinubu on Wednesday.Mr Ikechebelu, a professor, was initially appointed into the position in early June, but was sacked in late July by the then university’s…
The black market dollar to Naira exchange rate on Thursday 21 November 2024 can be accessed below. NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours. How much is a dollar to naira today in the…
NNPCL has commenced the sale of Utapate Crude to international refiners. NewsOnline Nigeria reports that the Nigerian National Petroleum Corporation Limited says it has commenced sales of its latest crude oil grade, the Utapate crude oil blend, to international refiners, six months after it began exploration. It said the development is a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts. A statement signed by the Chief Corporate Communications Officer, NNPCL, Olufemi Soneye, on Wednesday in Abuja, stated that the new product was unveiled before a packed audience of European crude oil marketers at the ongoing Argus European Crude…
Senate has sacks the embattled CCT Chairman, Danladi Usman.NewsOnline Nigeria reports that the Nigerian Senate on Wednesday, sacked Danladi Usman as the Chairman of the Code of Conduct Tribunal (CCT). The sack of Danladi follows the closed-door session of the lawmakers in which 84 out of the existing 107 serving Senators, signed for removal of the embattled CCT Chairman. The Senate invoked section 157(1) of the 1999 constitution which stipulates that 2/3 of the membership of the Senate can remove the head of any statutory body alleged to have indulged in gross misconduct and misdemeanour in office. Details later…
Senate is set to approve President Tinubu’s $2.2bn loan request today. NewsOnline Nigeria reports that the Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President, is part of the external borrowing plan outlined for implementing the N28.7tn 2024 budget. In separate letters read during the Senate and House of Representatives plenary on Tuesday, Tinubu explained that the loan would partially finance the N9.7tn budget deficit for the 2024 fiscal year. After reading the letter, Senate President Godswill Akpabio tasked the Senate Committee on Local and Foreign Debts to examine the request and…
DANGERS OF ENLARGED PROSTATE GLAND… In men, urine flows from the bladder through the urethra. enlargement of the prostate blocks the flow of urine through the urethra. The prostate cells gradually multiply, creating an enlargement that puts pressure on the urethra the “chute” through which urine and semen exit the body. As the urethra narrows, the bladder has to contract more forcefully to push urine through the body. Over time, the bladder muscle may gradually become stronger, thicker, and overly sensitive; it begins to contract even when it contains small amounts of urine, causing a…