Business

Fidelity Bank Wins SME Support Bank Of The Year 2020 

…Aigbe Emerges Outstanding Corporate Communications Personality  Fidelity Bank Plc has added yet another accolade to its burgeoning collection of awards. The bank, in recognition of its unflinching support for Micro Small and Medium Scale Enterprises (MSMEs) in the country, clinched the award for the ‘Outstanding SME Supporting Bank of the Year’ at the 2020 Marketing & Advertising Award for Excellence ...

Read More »

Rivers Special School Gets Shell’s Science Lab Donation

For the first time since its establishment 35 years ago, the Special School for Handicapped Children in Port Harcourt, Rivers State, has now got its science laboratory, built and equipped by The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners. “The school had been without a science laboratory for the 35 years of its existence. ...

Read More »

Nigeria’s Inflation Rate Hits 13.7%, Highest In 30 Months

Nigeria’s inflation rose to 13.7 per cent in September, hitting its highest level since its 13.34 per cent rate of March 2018. The National Bureau of Statistics disclosed this in its Consumer Price Index report for September on Thursday. Part of the report read, “The consumer price index which measures inflation increased by 13.71 per cent (year-on-year) in September 2020. ...

Read More »

Why Microplastics Found In Nigeria’s Freshwaters Raise A Red Flag

Plastic pollution remains a topmost environmental concern Pius Utomi Ekpei/AFP via Getty Images Emmanuel O. Akindele, Obafemi Awolowo University Freshwater ecosystems are a priority for environmental scientists because they affect the health of animals and plants on land too – as well as people. They provide food, water, transport and flood control. Freshwater ecosystems also keep nutrients moving among organisms ...

Read More »

How Buhari Govt Is Making Progress In Road Construction Through PPP, Says Osinbajo

By adopting Public Private Partnership’s (PPP) cost-effective measures, the Buhari administration is now delivering 19 road projects across the six geo-political zones in the country totaling 780.15 km, according to Vice-President Yemi Osinbajo, SAN. The road projects being undertaken by private companies and now advancing to completion include: a.The reconstruction of Apapa-Oshodi-Oworonshoki-Ojota Road in Lagos State (34 km) by Dangote ...

Read More »

NDPHC Board Gets 3 Executive Directors

Following President Muhammadu Buhari’s approval for 3 additional directors at the Niger Delta Power Holding Company (NDPHC), the Board of Directors of the company has named three new Executive Directors, for more effective coverage of the Company’s areas of activities. The three additional Executive Directors so appointed are: Mr Abdullahi Kassim; Mrs Nkechinyelu Mba; and Mr Mohammed Mahmud. The NDPHC ...

Read More »

FG Raises Budget For Presidential Fleet To N12.5bn, Retains N9.2bn For NASS Complex Renovation

The Federal Government has retained the N9.2bn budget for the renovation of the National Assembly complex. This is according to the 2021 budget proposal presented to the National Assembly on Thursday by President Muhammadu Buhari. The project, which is being implemented by the Federal Capital Territory Administration, was tagged as an ‘ongoing’ one. The budget for the maintenance of the ...

Read More »

Atiku Knocks 2021 Budget Proposal, Says It Contravenes Fiscal Responsibility Act

Former Nigeria’s Vice-President, Atiku Abubakar, says a number of issues, very grave and perhaps disturbing, arise from the 2021 Budget Proposal placed before the National Assembly by President Muhammadu Buhari on Thursday, October 8, 2020. In a statement he personally signed and made available to NewsProbe today, Atiku said he could bring up several of them, but for the sake ...

Read More »

Full Text Of Buhari’s 2021 Budget Speech

PROTOCOLS 1. It is with pleasure that I present the 2021 Federal Budget Proposals to this Joint Session of the National Assembly. 2. Distinguished and Honourable Leaders, and Members of the National Assembly, at this juncture, I wish to commend your tremendous efforts in approving the revision of the 2020 – 2022 Medium-Term Expenditure Framework and Fiscal Strategy Paper, and ...

Read More »