Indian authorities have seized a solar power plant and some 134 acres of land belonging to billionaire jeweller Nirav Modi in connection with the country’s biggest-ever bank fraud of 1.8 billion U.S. dollars. “The Enforcement Directorate took possession of the land and…
Abidjan, Côte d’Ivoire – On Wednesday, March 14, 2018, the African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch), priced a new US $2.0-billion 3-year Global Benchmark bond due 22 March 2021. This bond issue represents the Bank’s first public market deal of 2018. It…
The Federal Government is making progress on the establishment of modular refineries with the arrival of one set of package shipment. The Niger Delta Inter-Ministerial Committee, chaired by Vice President Yemi Osinbajo, informed members at its presentation meeting in Abuja that the…
“The mill with a capacity to process 16 metric tons of paddy rice per hour, when completed, will in a year process paddy rice worth N14 billion bought directly from the famers in Jigawa at market rate.” Nigeria (Blank NEWS Online)/ —…
On Friday, March 02, 2018 Deltans witnessed the commissioning of Premium Steel Rolling Mill, exactly 36 years after Delta Steel Company was commissioned In Ovwian-Aladja. The multi-billion dollar Premium Steel Rolling Mill was commissioned by Delta State Governor, Senator Dr Ifeanyi Okowa…
The Central Bank of Nigeria (CBN) has cautioned Nigerians to be wary of investments in crypto currency as they are virtual currencies that are not legal tender in Nigeria. The Apex Bank’s Acting Director, Corporate Communications, Mr Isaac Okoroafor, in a statement…
Governor Akinwunmi Ambode of Lagos State has signed the 2018 Appropriation Bill of N1.046 trillion into law. Briefing newsmen shortly after the signing, Commissioner for Finance, Mr Akinyemi Ashade, said that Appropriation Bill, tagged ‘Budget of Development and Progress,’ would focus on…
LAGOS, Nigeria: “The overall goal is to improve on and increase the capacity of the youth in building Micro, Small and Medium Enterprises (MSMEs)’ GE (NYSE: GE) (www.GE.com), the world’s premier Digital Industrial Company has announced a partnership with the National Youth…
– As Govt Signs Joint Venture Agreement On Multi-Billion Naira Agro-Industrial In its commitment to developing and harnessing the agricultural potentials in Delta State, Governor Ifeanyi Okowa has gone into partnership with private investors to establish a multi-billion naira agro-industrial park in…
Former First Lady, Mrs Patience Jonathan appears to be tired of fighting the Economic and Financial Crimes Commission in court and has asked for out-of-court settlement. In a January 30, 2018 letter, titled “Proposal for out-of-Court Settlement of all cases related to…
The trade and economic cooperation between China and Nigeria has prospered with bilateral trade hitting $11.2 billion with first 10 months of 2017. The figure put the growth rate at 28.5 per cent which made Nigeria as China’s third largest trading partner…
Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken. Oil prices rallied to three-year high, boosted by a record 10th straight…
Following the passage of 2018 Budget, the Delta State Public Procurement Commission has assured contractors, public officials and civil servants of quick response to all requests directed to it, pursuant to the law establishing the body. The commission has also expressed its…
Nigeria (Blank NEWS Online) –: DELTA State Governor, Senator Dr Ifeanyi Okowa has presented a budget estimate of N298.078 Billion for the 2018 fiscal year to the State House of Assembly, assuring of his administration’s commitment to “build a State anchored on…
Nigeria (Blank NEWS Online) –: The 36 states shared N173.8 billion from the Federation Account in September from the distributable revenue generated for the month. The breakdown was obtained by the News Agency of Nigeria (NAN) in a report from the office…
Nigeria (Blank NEWS Online) –By Prosper Edo: As the Governing Board and Management of the Delta State Oil Producing Areas Development Commission (DESOPADEC), marked 2 years in office on 28th August, 2017, the Executive Director, Finance & Administration (EDFA) Bashorun Askia Ogieh…
“After all deductions for primary school teachers’ salaries, loan servicing, pension, gratuities and state civil service commission allocation, only six councils were able to pay their staff salaries.” –ALGON Nigeria (Blank NEWS Online) –By Albert OGRAKA: Blank NEWS Online can authoritatively reveal…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: Delta state Commissioner for Information, Mr. Patrick Ukah has confirmed that the state government received the sum of Ten Billion naira (N10,000,000,000.00) from the Federal Government, as part of its share from the second tranche…
Nigeria (Blank NEWS Online) –: THE Niger Delta Indigenous Movement for Radical Change (NDIMRC), Tuesday hailed Nigeria Agip Oil Company Limited ( NAOC) for the development of the Niger Delta Region and implored other oil companies it accused of playing games…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: Seventy-nine successful Welding and Fabrication graduates in the Delta state government’s Skills Training and Entrepreneurship Programme (STEP), have been enjoined to complement the good gesture of Governor Ifeanyi Okowa by putting their starter packs to…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: In line with his policy of “Strategic Wealth Creation and Provision of Jobs for all Deltans”, Delta state governor, Senator Dr. Ifeanyi Okowa has encouraged the 101 successful graduands in the Delta State Government’s Skills…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: Following the Federal Government’s release of a state-by-state breakdown of the first tranche of Paris Club refunds paid to date, amounting to over N516.38 billion, facts have however emerged that Delta state ranked among five…
Nigeria (Blank NEWS Online) –: In continuation of the on-going handing out of starter packs to the beneficiaries of the 2016 Cycle of the Delta State Government’s Skills Training and Entrepreneurship Programme (STEP), STEPreneurs trained in Catering and Confectionery have received theirs…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: The Executive Director to the Delta State Governor, on Orientation and Convener, Ika Village Square, IVS, Barr Eugene Azukaego Uzum, has said that the forthcoming Ika Economic Summit that has been scheduled to take place…
Nigeria (Blank NEWS Online) –: Delta State Commissioner for Commerce and Industry, Barr. Mrs. Mary Iyasere, has inaugurated the Project Implementation and Strategy sub committee of the state Committee on Export Promotion. The ceremony took place yesterday (27/04/2017) at conference room in…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: The Itsekiri ethnic nationality has called on President Muhammadu Buhari to urgently intervene in the 2017 Niger Delta Development Commission (NDDC) budget which did not include any specific Federal Project in Itsekiri communities in the…
Nigeria (Blank NEWS Online) –By Albert OGRAKA: Executive Chairman, Warri North Local Government Area, Hon. Eyituoyor Francis Maku, has presented the 2017 draft estimate of the Council Area to the legislative arm. This years’ budget which is hinged on Governor Okowa’s SMART…
Nigeria (Blank NEWS Online) –By Theo UZI -UGHELLI: The Ughelli Chamber of Commerce Industries, Mines and Agriculture (UCCIMA) has outlined its activities ahead of the Annual General Meeting and Luncheon slated to hold on 30th March, 2017. President of UCCIMA, Architect Avwaruroro…
Nigeria (Blank NEWS Online) –: DELTA State Governor, Senator Dr. Ifeanyi Okowa has assented to the 2017 Appropriation Bill of N294.5 billion with an assurance that his administration will not waver in its commitment to infrastructural development. The Speaker of the Delta…
Nigeria (Blank NEWS Online) –: The Delta State Government has taken another bold step to create more jobs and wealth for Deltans as it has approved the report on the resolutions of the state’s Economic Summit held in Asaba last year. Speaking…
Nigeria (Blank NEWS Online) –: An Asaba-based industrialist, Chief Chinedu Ezenyili, has called for cooperation between the government and the private sector in promoting industrialization in the country. Chief Ezenyili, who is the Ide of Oko in Oshimili South Local Government Area,…
Nigeria (Blank NEWS Online) –: Governor of oil and gas wealthy Delta state, Senator Dr Ifeanyi Okowa has expressed confidence that the prevailing peace in the creeks of the Niger Delta region would be sustained. The governor dropped the hint on Thursday,…
Nigeria (Blank NEWS Online) –: The Delta State Commissioner for Information, Mr. Patrick Ukah, has revealed that out of the N237 million approved for the ministry in the 2016 budget, the ministry was only able to access N147 million and was able…
Nigeria (Blank NEWS Online) – Background In the ministry, he worked with Pastor Paul Egogo of Christ Apostolic Church at Udu Road in Warri. He is the evangelist in charge of Christ Apostolic Church (Royal Court of Grace) Ijala. Marriage> According to…
Nigeria (Blank NEWS Online) – DESPITE the economic down turn in the country, Delta State Governor, Senator Dr. Ifeanyi Okowa has earmarked the sum of one hundred and nineteen billion, one million naira (N119.001bn) for capital expenditure for the 2017 fiscal year…
Nigeria (Blank NEWS Online) –By ISAIAH OGHENEVWEGBA OGEDEGBE– INTRODUCTION First and foremost, I want to commend my friend Baile S. Golly Debi for choosing this theme: “HOW TO GROW YOUR MONEY.” Nearly everyone wants to grow his or her money, but few…
Nigeria (Blank NEWS Online) – DELTA State Governor, Senator Dr. Ifeanyi Okowa has described entrepreneurship as the best way out of the current unemployment challenges facing Nigeria. According to the governor, getting jobs in government organizations are becoming very difficult based on…
Nigeria (Blank NEWS Online) – The Minister of Finance, Kemi Adeosun, on Tuesday in Abuja said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. Adeosun made the disclosure while addressing a news conference on…
Nigeria (Blank NEWS Online) –By Sam Ijeh — The global economic recession is seriously affecting positive developments, not just in all tiers of governments, but in individual families world wide. For Nigeria, the end of the economic slide might not just be…
Nigeria (Blank NEWS Online) – Nigeria’s Debt Management Office has disclosed that the Federal Government is planning to borrow N120bn ($387m) in local-currency denominated bonds at an auction on September 14. The DMO said on Tuesday it would raise N40bn each from…
