China has officially inaugurated its maiden “Travelogue of China” media exchange in Qingdao, East China’s Shandong Province. At the event held in Qingdao Province, China on May 22, Chinese Government officials took turns to commend the sidelines of the media exchange means of modern cooperation. “The activity serves as a bridge connecting China and the world,” said Zhang Xinzhu, Member of the Standing Committee of the Communist Party of China (CPC), Qingdao Municipal Committee. Zhang is also the Secretary of the CPC Work Committee of the China-Shanghai Corporation Organisation ((SCO) Local Economic and Trade Corporation Demonstration Area, Qingdao. Also, With…
Author: Admin
Gov. Alex Otti of Abia has directed the immediate freezing of all the State Government accounts and those of agencies domiciled in banks and other financial institutions in the country. Otti’s directive is contained in a statement issued in Umuahia on Tuesday by his Special Adviser, Media and Publicity, Mr Ferdinand Ekeoma. Ekeoma stated that with the notice, “all banks and other financial institutions in the country are directed to immediately cease from honouring any cheques, documents, instruments or directives of any kind not expressly approved by or emanating from him”. He also stated that the governor directed the immediate…
The Naira appreciated against the dollar on Tuesday, exchanging for N464.50 at the Investors’ and Exporters’ window compared with the N464.51 to the dollar at the close of business on May 26. The open indicative rate closed at N464.10 to the dollar on Tuesday. An exchange rate of N467 to the dollar was the highest rate recorded within Tuesday’s trading before it settled at N464.50. The naira sold for as low as 460 to the dollar within the days trading. A total of 120.36 million dollars was traded at the official Investors and Exporters window on Tuesday. (NAN)
Gov. Peter Mbah of Enugu State, has directed that all bank accounts belonging to the government be frozen with immediate effect until further notice. This is contained in a statement signed by the Secretary to the State Government, Prof. Chidiebere Onyia, on Tuesday in Enugu. According to Onyia, the directive takes effect from May 30. “Following the directive given by the Enugu State Governor to freeze all government accounts in all the banks in Enugu State, I hereby, direct that all Enugu State Government accounts be frozen with immediate effect, till further notice,” Onyia said. (NAN)
The Nigeria Labour Congressm(NLC) has urged President Bola Tinubu to put palliative measures in place before removing fuel subsidy. Mr Joe Ajaero, the NLC President, made the appeal in a statement made available to newsmen on Tuesday in Abuja. It would be recalled that Tinubu announced the fuel subsidy removal during his inaugural speech on Monday, saying that subsidy can no longer justify its ever-increasing costs in the wake of drying resources. Tinubu pledged to re-channel the funds into better investment in public infrastructure, education, healthcare and jobs that would materially improve the lives of millions. Ajaero said that the…
Benue Governor, Rev. Fr Hyacinth Alia, on Tuesday laid the foundation for the construction of 100 housing units as part of effort to address the housing deficit in the state. The project is the first by the new administration less than a day after assuming duty as Governor. He said that the project, to be completed in 100 days, would consist of two, three and four bedroom apartments. Alia thanked Riella Properties and Investment Limited for chosing Benue as a destination for investment. While calling on other investors to come to Benue, Alia said the new administration would encourage public-private…
The Economic and Financial Crimes Commission (EFCC) has arrested a popular Tiktok musician, Crown Uzama (known as ShalliPopi) and his manager, Ajayi Hafeez (known as 21 Badda) for alleged internet-related fraud. Its Spokesperson, Wilson Uwujaren said this in a statement on Tuesday in Abuja. According to him, they were arrested alongside 29 other suspects, including four females: Glory Kelvin-Ogunwa l, Tina Ochonogor, Favour Dawa and Joseph Iya. “Others are Adewale Adedokun, Yakubu Ojochememi, AbdulAzeez Suleiman, Umoru AbdulAzeez, Emmanuel Iwebo, Shuaibu Smart, Joel Kator, Gowon Titus, Emmanuel Daniel, Enough Ekpo, Atano Eben, Ijuo Ochi, Paul Kaye, Uyit Victor and David Yachai.…
The equities market of the Nigerian Exchange Ltd. (NGX) opened trading for the week on a bullish note driven by investors’ confidence, following the inauguration of President Bola Tinubu. Tinubu, in his inaugural speech, said on Monday that the former administration did not capture fuel subsidy in the 2023 budget and he would ensure a unified exchange rate as part of measures to boost the Nigerian economy. Specifically, the market capitalisation recorded a gain of N1.505 trillion or 5.22 per cent to close at N30.349 trillion from N28.844 trillion posted on Friday. Also, the All-Share Index (ASI) rose by 2,764.47…
The Economic and Financial Crimes Commission (EFC C) on Tuesday arrested 17 suspected internet fraudsters in a sting operation in Enugu. Its Spokesperson, Wilson Uwujaren said this in a statement on Tuesday in Abuja. The suspects, according to him were Okechukwu Onah, Ezuma Nnaemezie, Onodugo Oji, Ojioche Nzesinachi, Okii Emmanuel, Ojioche Collins, Usulor Reuben, Thadeus Jude, Okoloeze Emmanuel, Ani Chinaza, Ani Daniel, and Amos Ozoemena “Others are Ani Nnamdi, Thomas Ekene, Ani Charles, Ezike Chinecherem and Nwose Peter. “Items recovered from them include two exotic cars, 26 mobile phones and four personal computers. “The suspects will be charged to court…
Gov. Dauda Lawal of Zamfara, has appointed Malam Sheriffdeen Jatto as his Private Secretary. This is contained in a statement in Gusau on Tuesday by the Secretary to the State Government, Malam Abubakar Nakwada. Nakwada said that the governor also appointed Mr Imran Rufai as his Personal Assistant, as well as Mr Zaharaddeen Imam as his Senior Special Assistant (SSA) on Protocol Matters. He said that the governor also appointed Mr Abdulmajid Anka as SSA Governors Office, Mr Mustapha Jafaru-Kaura, SSA Media and Public Affairs, Mr Faruku Shettiman-Rijiya as SSA Press Affairs and Mr Aminu Almajir as Deputy Chief of…