records

Japan Leads 2021 World’s Passports, Nigeria 97th (Full List)

150,000 Nigerian Passports Stolen Or Missing – NIS

About 150,000 Nigerian passports or travel documents may have either been stolen or lost, according to Nigerian Immigration Service records.

The NIS INTERPOL i-24/7 desk said it has now seamlessly uploaded the information, about the Stolen and Lost Travel Documents (STLD) to INTERPOL Global System (IPSG) in Lyon, France.

The Service spokesman, Mr Sunday James, disclosed this in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Abuja.

James said that INTERPOL i-24/7 was a major system manned by officers of the NIS at the unit in the Service Headquarters.

Under Buhari, Nigeria Records Worst Attacks On Journalists

Norbert Zongo: Over 200 journalists deliberate on press freedom in Ouagadogou ‘Chameleon’ film by Investigative journalist, Anas, screened in Ouagadogou Eighth edition of Norbert Zongo Freedom of Expression Festival announced Nigeria was one of the focal points for discussion when over 200 journalists across Africa met in Ouagadougou, Burkina Faso, for a conference on free speech and freedom of expression in September.

The reporters met to discuss the renewed onslaught on journalists and activists across the continent. At the end of the conference, the reporters sent a clear message to African governments to end attacks on journalists and free speech …

STI Records 72.50% Rights Issue Subscription

Sovereign Trust Insurance Plc, has announced that its rights issue to its existing shareholders recorded a 72.50 per cent subscription.

Following the successful completion of the rights issue offer, the Securities and Exchange Commission, (SEC) has given approval to the underwriting firm to make public to the company’s shareholders and other related parties the result of the offer which ended on August 21, 2019, after it was extended at the expiration of its initial closing date of July 31, 2019.

It will be recalled that a total of 4,170,411,648 ordinary shares of 50 kobo each at 50 kobo per share …

Nigeria Records 789,037 Under-Five Child Deaths – Study

Nigeria Records 789,037 Under-Five Child Deaths – Study

• Records Highest Among Low, Middle Income Countries
• 15, 000 Children Die Everyday Globally

A recent study has revealed that Nigeria has the highest number of under-five child mortality among low and middle-income countries, as about 789, 037 children die before their fifth birthday.

The study, which also revealed that about 15, 000 children die every day worldwide, showed that despite progress made in achieving the United Nations’ target for child survival by countries, about 789, 037 children died before age five in 2017 as compared to 1,011,620 deaths in 2000.

The research, conducted by the Institute for Health …

FG Records Over $9.29bn Investment Inflow In Third Quarter

FG Records Over $9.29bn Investment Inflow In Third Quarter

Over $9.29 billion worth investments came into the nation’s economy in the third quarter (Q3) of 2019, according to the Nigerian Investment Promotion Commission (NIPC’s) July to September 2019, Newsletter.

Broken down, NIPC said a total of 13 projects across four states and offshore Nigeria were announced by investors from four countries.

The investments, however, fall short by a whopping $63.79billion year-on-year to Q3 2018, which recorded about $73.08 billion inflows into the country.

Specifically, some of the investments included the Aiteo Eastern Exploration and Production Company over $5 billion in crude exploration; and Sterling Oil Exploration and Energy Production …

NECO Records Over 40,000 Cases Of Malpractice In 2019

NECO Records Over 40,000 Cases Of Malpractice In 2019

The National Examinations Council (NECO) has urged the federal government to formulate a deliberate policy aimed at promoting discipline and a culture of honesty among teachers, school administrators and students.

Also, it revealed that the menace of examination malpractice continues to hunt public examinations across the country, with NECO recording over 40,000 cases in its June/July 2019 Senior Secondary Certificate Examination, SSCE.

Acting Registrar of NECO, Mr Abubakar Gana, who stated this in a brief submitted to the Minister of Education, Malam Adamu Adamu, on the mandate and achievements of the Council between May 2018 and September 2019, further called …

Oil theft: Shell records loss of 11,000bpd

Oil theft: Shell records loss of 11,000bpd

Oil theft from Shell Petroleum Development Company (SPDC) joint venture (JV) pipeline network averaged 11,000 barrels per day (bpd) last year, its General Manager, External Relations Mr. Igo Weli, said on Thursday.

He said this is an increase of about 20 per cent over previous year. The number of sabotage-related spills increased during the same period to 111 compared to 62 in 2017 and, since 2012, SPDC has removed more than 1,160 illegal theft points.

The oil giant has called for stakeholders’ efforts to curb the incessant vandalism, highlighting the danger of continuous sabotage to people and environment. He said …

NNPC reports $226m oil revenue drop in June

NNPC records ₦174.63b petroleum products sales in March

The Nigerian National Petroleum Corporation (NNPC) recorded N174.62billion sale of white products in March 2019, the corporation’s Monthly Financial and Operations Report (MFOR) for March 2019 has stated.

A release on Sunday in Abuja by NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, disclosed that the March sales figure is higher than the N168.65billion recorded in February 2019.

The statement explained that the total revenue generated from the sale of white products from the period March 2018 to March 2019 stood at N2,780.79billion, with Premium Motor Spirit, otherwise called petrol contributing about 91.09 per cent or N2,533billion.…

Q3 2018 capital budget records dismal implementation

Q3 2018 capital budget records dismal implementation

There are strong indications that the bulk of N2.079t released by the Ministry of Finance as at May 14 for the implementation of projects by Ministries, Departments and Agencies (MDAs) may still be lodged at the Central Bank of Nigeria (CBN).

The Minister of Finance Mrs. Zainab Shamsuna Ahmed, last week, said that the amount was for the implementation of projects captured under capital votes in the 2018 fiscal spending plan by the MDAs.

But snippets from the Third Quarter 2018 budget implementation report exclusively obtained by The Guardian indicate that Jubril (President Muhammadu Buhari)’s ministers may have been largely …

Nigeria records ₦27b foreign portfolio deficit in Q1

Nigeria suffered a net deficit of N26.6 billion in foreign portfolio transactions in the first quarter (Q!) of this year amidst fears of political and macroeconomic uncertainties.

A report on foreign portfolio investments (FPIs) obtained over the weekend indicated that the country recorded a negative balance of N26.6 billion in inflow and outflow transactions by foreign portfolio investors in Q1 as against a positive balance of N30.88 billion recorded same period last year.

The report also showed that foreign portfolio transactions dropped by N159.95 billion in Q1, representing a decrease of 41.89 per cent from the turnover in Q1 of …