Bold vision promises new dawn for Nigeria’s ailing petrochemical industry/newsheadline247
Business Press Release

Bold Vision promises new dawn for Nigeria’s ailing petrochemical industry

Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resources has been in the hands of the Nigerian National Petroleum Corporation (NNPC) that was established in 1977 as a merger of the Nigerian National Oil Corporation and the Federal Read more

Sowore planned to topple Buhari with #RevolutionNow – DSS/newsheadline247/NAN
Press Release

Sowore: SERAP reacts to court release order… ‘A victory for the rule of law’

Human rights group, Socio-Economic Rights and Accountability Project (SERAP) has described the decision by Justice Taiwo Taiwo of the Federal High Court in Abuja ordering the immediate release of the convener of #RevolutionNow protest, Mr. Omoyele Sowore, from the custody of the Department of State Service as “a victory for the rule of law, human Read more

Timi Frank confronts FIRS, says I stand by my statement… I shall meet you in court/newsheadline247
Press Release

Timi Frank confronts FIRS, says I stand by my statement… I shall meet you in court

A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has said the Federal Inland Revenue Service (FIRS) should be ashamed of their gross act of corruption he recently exposed. Frank, a political activist, in a statement in Abuja responding to a riposte to his press release by the tax Read more

#RevolutionNow: Sahara Reporter publisher, Omoyele Sowore arrested/newsheadline247
Press Release

Drop charges against Sowore, SERAP writes Nigeria’s attorney-general

The Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to Abukabar Malami, Attorney General of the Federation and Minister of Justice, urging him to use his position “to without delay enter a nolle prosequi and discontinue the prosecution of the Convener of ‘RevolutionNow’ protest and publisher of Sahara Reporters, Mr Omoyele Sowore, and Olawale Bakare, Read more

Ogun: Gov. Abiodun insists education remains free – ‘we’ve not authorised payment of any charge’/newsheadline247
Education Press Release

Ogun may establish two new universities as Gov. Abiodun vows to reposition education

The Ogun State Government at the weekend said it is addressing the agitation of the people of the Central and Western Senatorial Zones to have a university cited in their domain. Governor Prince Dapo Abiodun made this known at a one day stakeholders forum with the theme, “Repositioning Education for Outstanding Performance”, held in Abeokuta. Read more

Ogun: Statewide jubilations as tribunal strikes out petition against Abiodun’s victory/newsheadline247
Featured News Press Release

Abiodun signs Ogun Investment Promotion Agency, 3 other bills into law

Ogun State Governor, Prince Dapo Abiodun, has signed into law a bill to have a one-stop shop for investors wishing to establish their companies in Ogun State. The bill was presented to him for assent by the leadership of the State House of Assembly Friday. It is known as Investment Promotion and Facilitation Agency of Read more

News Press Release

Alleged N500m Grass-cutting Fraud: EFCC tenders telephone conversation evidence against Babachir Lawal

Justice Jude Okeke of the Federal Capital Territory (FCT), High Court, Maitama, on Wednesday, heard how evidence linking the company used by the former Secretary to the Government of the Federation, Babachir Lawal, to allegedly defraud the federal government to the tune of N500 million was extracted from a telephone. Mr Lawal and his younger Read more

Buhari sacks Head of Service, Oyo-Ita, approves Yemi-Esan’s appointment/newsheadline247`
Press Release

Buhari sacks Head of Service, Oyo-Ita, approves Yemi-Esan’s appointment

STABILIZATION OF THE FEDERAL CIVIL SERVICE President Muhammadu Buhari has approved the appointment of Dr. Mrs. Folashade Yemi-Esan as the Acting Head of the Civil Service of the Federation with immediate effect. Dr. Mrs. Yemi-Esan, who is the Permanent Secretary, Ministry of Petroleum Resources takes over from Mrs. Winifred Ekanem Oyo-Ita, who has been directed Read more

Soludo returns as Buhari names members of Economic Advisory Council/
National Press Release

Soludo returns as Buhari names members of Economic Advisory Council

President Muhammadu Buhari has constituted a new Economic Advisory Council (EAC) to replace the current Economic Management Team headed by vice president Yemi Osinbajo. According to a statement signed by Femi Adesina, special adviser to the president on media and publicity, the team will report directly to the president. Read Also Prince Femi Fadina picked as Read more

Business Press Release

AfDB launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022

The African Development Bank (AfDB), rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year. Launched on September 11, the bond issue is the Bank’s second Global Benchmark of 2019, following a EUR 1 billion 10-year priced Read more