NDLEA unveils digital portal for drug tests, visa clearance certificates

The National Drug Law Enforcement Agency has unveiled a new digital platform designed to streamline the process of obtaining drug integrity tests and visa clearance certificates as part of efforts to enhance transparency, accessibility, and efficiency in its operations. The platform — Drug Integrity Test and Visa E-Administration System — was launched on Tuesday in…

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Three Northern states announce joint electricity market, acquire equity in KEDCO.

Three northern Nigerian states, Kano, Katsina, and Jigawa, have announced a partnership to form a tri-state electricity market. This comes as the states teamed up to acquire equity stakes in the Kano Electricity Distribution Company (KEDCO), which has Future Energies Africa as its core investor. This was disclosed in a statement by the spokesperson of…

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FCMB Partners NCDMB, BoI to disburse ₦15 billion loan to local contractors in the oil and gas sector

First City Monument Bank (FCMB) has been selected as one of the Participating Financial Institutions (PFIs) for the implementation of the Community Contractors Finance Scheme, an initiative of the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with the Bank of Industry Limited (BoI). The scheme is designed to bridge the funding and skills…

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Nigeria secures $8bn energy investments

Nigeria’s ongoing economic reforms have attracted over $8 billion in new investments into the energy sector, reflecting growing international confidence in the country’s reform-driven growth agenda. Ministry of Finance disclosed this in a statement on Saturday on the happenings at the ongoing IMF/World Bank meetings in Washington DC. According to the statement, Governor of the…

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FG extends NNPCL probe to Dec 2024

The Federal Government, through the Federal Accounts Allocation Committee, has extended the ongoing probe and reconciliation of payments made by revenue-generating agencies, including the Nigerian National Petroleum Company Limited, to December 2024, following unresolved discrepancies in remittances. This comes as the company has submitted its response on an alleged revenue under remittance of $42.37bn, an…

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