Thursday 23 November 2023

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PT Evening Munch

Hey subscribers! We've taken some time to put together some amazing collection of stories! Don't miss your chance to catch up on some amazing reads!!!

EXCLUSIVE: Nigerian music company Chocolate City in trouble, may lose 60% shares

Chocolate City's trouble is a fallout of a recent judgement of a High Court in London.

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Court refuses to reverse judgement stopping NBC from fining broadcast stations

The court says NBC's push for a reversal of the decision is an afterthought and belated.

Military destroys 50 illegal oil refining sites, arrests 51 suspects – DHQ

The DHQ says 578,900 litres of stolen crude oil, 454,330 litres of illegally refined Automotive Gas Oil (diesel) and 10,000 litres of Dual dual-purpose kerosene were recovered during the operations.

Climate Change: Nigeria may lose $460 billion by 2050 – Report

The 84-page report hinted that climate change may also cause Nigeria to lose trillions of dollars in stranded assets.

How APC shared party structure in Rivers between Amaechi, Wike loyalists

The APC NWC, on Wednesday, dissolved the leadership of its crisis-ridden Rivers State chapter, and appointed a seven-member caretaker committee to run its affairs for six months.

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How APC shared party structure in Rivers between Amaechi, Wike loyalists


The APC NWC, on Wednesday, dissolved the leadership of its crisis-ridden Rivers State chapter, and appointed a seven-member caretaker committee to run its affairs for six months. Read More

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EXCLUSIVE: Nigerian music company Chocolate City in trouble, may lose 60% shares


Chocolate City's trouble is a fallout of a recent judgement of a High Court in London.

Three killed in Zamfara as terrorists launch fresh attack


The attack was repelled by security agents after three residents were killed.

NNPP supporters protest Appeal Court judgment in Kano


The protests followed the release of the Certified True Copy of the judgement which has some contradictory pronouncements.

Most Recent Stories

Climate Change: Nigeria may lose $460 billion by 2050 – Report


The 84-page report hinted that climate change may also cause Nigeria to lose trillions of dollars in stranded assets. Read More

Troops rescue 31 kidnapped victims in Sokoto


The army said the operator was part of its offensive to get rid of terrorists from the region.

Appeal Court speaks on confusion in certified copy of judgement on Kano election


The certified true copy (CTC) of the judgement issued by the Court of Appeal, said Governor Yusuf of the NNPP won the Kano governorship election, contrary to its earlier finding on Friday.

Reps probe leakages of FG revenue, by-passing of TSA by MDAs


The lawmakers noted that some MDAs now create multiple sub-accounts that allow them to bypass the TSA.

Senate passes MTEF-FSP with borrowing plan of N7.8trn


The Senate approved the framework with an exchange rate of N700 to a U.S. dollar and adopted the benchmark of oil price for 73 dollars per barrel of crude oil and 1.78 million barrels per day.

Annual Banking Report - Measuring Banks' Resilience
Videos
FG to ensure inclusive, prosperous future for Nigeria's creative economy - Shettima
Business

Binance CEO steps down from company


"Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself," Mr Zhao said.

FG to boost mechanised farming, signs MoU with US agric company


The ministry said tractors produced will be made available to farmers at affordable low-interest rates to boost all-year-round farming.

Editorial cartoon of the day
Arts and Entertainment

Brazil, Turkey, South Africa, Egypt to participate in 2023 Calabar carnival


Cross River suspended the Calabar Carnival in 2021 because of the outbreak of COVID-19 pandemic.

Non-profit inducts new fellows, advocates leadership mentorship in Nigeria


The event marked a significant milestone in cultivating morally and socially conscious leaders committed to fostering positive change within their communities.

Opinion

The HYPPADEC challenge and Governor Bago's fury, By Zainab Suleiman Okino


The governor, who also threatened to go to the Supreme Court over the inadequate national compensation of his state, is also seeking 13 per cent derivation from the national hydrocarbon revenue for its supply of water to the Delta region. The states in Niger Delta are entitled to 13 per cent from federal allocations. What then is the role of the Hydro-Electric Power Producing Areas Development Commission (HYPPADEC)?

NDDC's new board and Renewed Hope agenda, By Ifeatu Agbu


On 29 August, ostensibly to boost hope for Nigeria, in general, and the Niger Delta, in particular, President Bola Ahmed Tinubu approved the appointment of a new Board and Executive Management for the Commission, naming Mr Chiedu Ebie as Chairman and Dr Samuel Ogbuku as the managing director and chief executive officer.

Promoted

Petroleum Minister lauds Waltersmith Refinery, NCDMB for improving domestic refining capacity


According to the minister, "The quickest way to fix our energy challenge in the country should be through modular refineries, while we await the total rehabilitation of the big refineries."

NCDMB refutes inaccurate report about Shell, other int'l oil companies in Nigeria


A statement issued on Tuesday by Manager, Corporate Communications of NCDMB, Mr Esueme D Kikile in Yenagoa described the report as inaccurate and "a failure to understand the current context and nuances of the Nigerian oil and gas industry which Engr. Wabote tried to explain in his Goodwill Message".

Folarin lauds Wabote-led NCDMB as 500 youths graduate from solar power programme


The training programme was organised as part of the Board's youth empowerment and human capacity-building initiatives. The training was conducted in Ibadan, the Oyo state capital, and it lasted for six months.

Sports

Nigeria's committee to hold strategic meeting for 2024 Olympic Games


The committee will liaise with the various sports federations on their preparations for the 2024 Olympic Games.

Read our Top Stories From Last Week

Hilda Baci reacts after being dethroned as record-holder for longest cooking marathon

Some Nigerians have expressed displeasure over the "quick" dethronment of Hilda.

NUC approves new programmes for Nigerian university

NUC says all programmes of the university are currently accessible on the Joint Admissions and Matriculation Board (JAMB) platform for interested candidates to select.

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