News - Page 3 of 23703 - NewsNow Nigeria

2024 Bet Awards Nominate Burna Boy, Ayra Starr, and More

16May

By Isaac EghosaNo Comments

Entertainment

2024 Bet Awards Nominate Burna Boy, Ayra Starr, and More

A group of Nigerian musicians, including Ayra Starr, Burna Boy, Tems, Asake, Seyi Vybez, Davido, and Lojay, have been selected as nominees for the 2024 BET Awards. Ayra Starr leads the Nigerian artists with three nominations, followed closely by Burna Boy and Tems, each with two nominations. Tyla, a South African artist, holds the most nominations from Africa with a total of four. Drake received the most nominations overall for the 2024 BET Awards with a total of seven, followed by Nicki Minaj with six nominations. Below is the complete list of nominees for the 2024 BET Awards: Best male R&B/pop artist Brent Faiyaz Usher Drake Burna Boy Chris Brown Fridayy Bryson Tiller October London Best female R&B/pop art...

16May

By Mariam AbdullahiNo Comments

News

Commendation for Tinubu’s Financial Transparency from VP Shettima

Vice President Kashim Shettima praised the federal government under President Bola Tinubu for maintaining transparency in its financial dealings and fulfilling its fiscal responsibilities. He pointed to the recent upgrade of Nigeria's credit outlook to positive by global credit rating agency, Fitch, as evidence of growing confidence in the country's economy. Addressing the 141st meeting of the National Economic Council (NEC) at the Presidential Villa in Abuja on Thursday, Senator Shettima commended the government's transparency measures and financial safeguards. He highlighted the significance of the credit outlook upgrade, attributing it to the reform progress spearheaded by President Tinubu. Shettima emphasized the importance of policy changes aimed at reducing the country's deb...

16May

By Afolake IbidunNo Comments

Business

Central Bank of Nigeria’s Reason for Granting Approval to 14 IMTOs for FX Remittance

Recently, the Central Bank of Nigeria (CBN) announced the approval of 14 new International Money Transfer Operators (IMTOs) for foreign currency remittance inflows through formal channels in a bid to address the foreign currency crisis. A statement released by Hakama Sidi Ali, CBN’s Acting Director of Corporate Communications, revealed this development. The CBN aims to boost the supply of foreign exchange in the official market by fostering competition and innovation among IMTOs, reducing the cost of remittance transactions, and promoting financial inclusion. Formal remittance flows are crucial for Nigeria as they contribute significantly to foreign exchange reserves and account for over 6% of the gross domestic product. These flows can help stabilize Nigeria's exchange rate by mitigat...

Small-Scale Industrialists Express Concern Over New Electricity Tariffs

16May

By Afolake IbidunNo Comments

Business

Small-Scale Industrialists Express Concern Over New Electricity Tariffs

Small-scale industrialists are facing immense hardship due to the sudden surge in electricity prices, adding to their existing struggles with high production costs, limited credit access, and tough competition both locally and globally. The National Association of Small Scale Industrialists raised this issue during a press conference at the Press Centre, Kano. The Association's Chairman, Aminu Ibrahim Kurawa, emphasized their distress over the recent rise in electricity tariffs in Nigeria. He voiced out, “The sharp increase in electricity costs is overwhelming for small-scale industrialists already battling challenges like high production costs, limited credit access, and tough competition." Kurawa warned that the new electricity tariff could endanger the survival and growth of small...

Dangote Refinery of Nigeria seeks 24m barrels of crude oil from US

16May

By Afolake IbidunNo Comments

Business

Dangote Refinery of Nigeria seeks 24m barrels of crude oil from US

Reports indicate that Nigeria’s Dangote Refinery, worth $20 billion, has released a term tender to purchase two million barrels of American crude oil on a monthly basis. A recent publication by Bloomberg revealed this information. The refinery, with a capacity of 650,000 barrels, was established by Aliko Dangote, the wealthiest individual in Africa, is striving to achieve full production capacity using various channels. As stated in the report, the tender is set to close at 3 p.m. on May 21st. A trader dealing in West African barrels commented that this tender highlights the challenges faced by Nigerian crude oil in competing with the supply from the United States. Located near Lagos, Nigeria, in the Lekki Free Zone, the refinery, once completed, is anticipated to be the largest oil re...

16May

By Mariam AbdullahiNo Comments

News

Bayelsa State Governor, Senator Douye Diri, mourns pioneer INC President, Christopher Dime

Upon learning of the passing of Prof Christopher Dime, the pioneer president of Ijaw National Council (INC) and a key figure in the Ijaw struggle, Bayelsa State Governor, Senator Douye Diri, expressed his condolences. It was revealed that the late Ijaw nationalist played a crucial role as a founding member of INC and served as its inaugural president from 1992 to 1994, just before the establishment of Bayelsa State. During the service of songs and lecture/night of tribute held in honor of the late Ijaw activist, Diri praised Dime for introducing an intellectual perspective to the Ijaw struggle. Representing the governor, Prof Nimibofa Ayawei, the Secretary to the State Government, urged the Ijaw community to embody the virtues of humility and dedication to service, akin to ...

Request for House of Representatives’ Approval: Tinubu Seeks Refund of N24bn to Nasarawa and Kebbi States

16May

By Mariam AbdullahiNo Comments

News

Request for House of Representatives’ Approval: Tinubu Seeks Refund of N24bn to Nasarawa and Kebbi States

President Bola Tinubu has approached the House of Representatives to secure consent for the reimbursement of N9 billion to Nasarawa State and N15 billion to Kebbi State. These funds are intended as refunds for the acquisition of airports constructed by the respective states. In a letter directed to the Speaker of the House, Abbas Tajudeen, and presented during Thursday's session, President Tinubu highlighted that all facets of aviation, including airports, aircraft safety, and air transportation of passengers and cargo, are within the purview of the Federal Government. The letter specified, "A promissory note program is being proposed in favor of the Kebbi and Nasarawa State governments to reimburse the costs incurred in building airports that have since been taken over by the fed...

Severe Impact of Rain in Ibadan as Electric Poles and Property Damaged

16May

By Ofomata EdidiongNo Comments

Metro

Severe Impact of Rain in Ibadan as Electric Poles and Property Damaged

The recent heavy rain in Ibadan, the capital of Oyo State, has resulted in widespread damage to public property, including electric poles, wires, and cables. Reports indicate that the destruction occurred in various parts of the city, with Jericho and Akala Expressway being among the hardest-hit areas. In Jericho, the rain caused significant damage to electric infrastructure such as poles, wires, and cables, while Akala Expressway saw a large billboard being destroyed. Earlier, our correspondent highlighted the plight of passengers and commuters on the University of Ibadan-Ojoo Road, who were left stranded due to the collapse of a massive billboard at Ajibode junction.

<div id="mvp-content-main">
Ken Chukwu Attributes Rivers United’s Loss to Abia Warriors to Fatigue

16May

By Ofomata EdidiongNo Comments

Sports

Ken Chukwu Attributes Rivers United’s Loss to Abia Warriors to Fatigue

The recent defeat of Rivers United against Abia Warriors has been linked to fatigue by assistant coach Ken Chukwu. During the match at the Umuahia Township Stadium, the Port Harcourt club suffered a 2-0 loss to Abia Warriors with goals from Samson Obi and Meme Okike. Chukwu remains positive about the team's future performances and expressed confidence in their ability to bounce back in the next game. In a post-match interview, he stated, "Glory be to God for the performance. When the game dynamics change, fatigue becomes a factor, considering the number of matches Rivers United have played in recent days." He added, "Our team is a champion team, and we do not make excuses. We will go back, analyze, and strengthen our weaknesses." With 41 points from 31 games, Rivers United continues the...

Roy Keane expresses relief as Man Utd forward departs from Old Trafford

16May

By Ofomata EdidiongNo Comments

Sports

Roy Keane expresses relief as Man Utd forward departs from Old Trafford

Former Manchester United star Roy Keane has shared his relief at the news of Anthony Martial's impending departure from Old Trafford. Martial, the French forward, has struggled to secure regular playing time under manager Erik ten Hag this season, with only 19 appearances and a modest record of two goals and one assist across all competitions. Since joining Man United in 2015, Martial has failed to establish himself as a consistent starter for the team. Following Man United's 3-2 victory over Newcastle United, Martial, along with his compatriot Raphael Varane, bid farewell to the Old Trafford supporters. During an interview on Sky Sports, Keane remarked, “It’s a relief that his contract is expiring. It’s a positive development. You can say, 'Okay, it's time to move on,' but it w...