Author: New Daily Prime

The family of the late Owa Obokun of Ijesaland, Oba Gabriel Adekunle Aromolaran II, has accused members of the Owa-in-Council of engaging in extortion and actions that undermined the communal values upheld by the late monarch. These allegations were made in a statement titled, “Response to Various Publications Concerning the Just Concluded Celebration of Life Events for His Imperial Majesty, Late Oba (Dr) Gabriel Adekunle Aromolaran II, CFR, LLD, the Owa Obokun Adimula of Ijesaland (Owa Aromolaran II),” released on Thursday, December 12, by Adebayo Adedeji on behalf of the Aromolaran family. The family claimed that following the monarch’s passing,…

The former Governor of Kogi State, Yahaya Bello, appeared in court on Friday and pleaded not guilty to an 18-count charge levelled against him by the Economic and Financial Crimes Commission (EFCC). The charges, which relate to money laundering, breach of trust, and misappropriation of public funds, involve a staggering sum of approximately N80.2 billion. Upon the reading of the charges, Bello emphatically denied all accusations, stating he was not guilty of any of the counts. During the proceedings, Kemi Pinheiro, SAN, representing the EFCC, informed Justice Emeka Nwite at the Federal High Court in Abuja that the prosecution wished…

The Minister of Solid Minerals Development, Dele Alake, has hailed African Natural Resources and Mines Limited (ANRML) as a key partner in the Nigerian government’s efforts to enhance local value addition within the mining sector. Alake made the remarks during the commissioning of Nigeria’s first ultra-modern mineral analysis laboratory in Sabon-Wuse, Niger State, on Thursday. The state-of-the-art laboratory, a major milestone for Nigeria’s mining industry, is expected to play a crucial role in the sector’s growth. According to Alake, the facility aligns with the core objectives of his seven-point agenda aimed at repositioning the mining sector. One of the key…

The Economic Community of West African States (ECOWAS) has finalised the framework for a $75 million Renewable Energy and Energy Efficiency Facility, aimed at driving clean energy solutions across the region. Dr. Omar Touray, President of ECOWAS, made the announcement on Thursday during the 93rd Ordinary Session of the ECOWAS Council of Ministers in Abuja. He explained that the facility will provide grants, loans, and guarantees through competitive calls for proposals, focusing on advancing renewable energy initiatives throughout West Africa. “The Framework Document for the Establishment of an ECOWAS Renewable Energy and Energy Efficiency Facility has been finalised by the…

Nigeria’s Communications Satellite Limited (NIGCOMSAT), the country’s satellite operator, is seeking enhanced collaboration with France to advance its space technology capabilities, Managing Director Jane Egerton-Idehen announced on Thursday, December 12. In a statement posted on Facebook, Egerton-Idehen highlighted the recent visit of French Ambassador to Nigeria, Marc Fonbaustier, as a pivotal step in fostering deeper bilateral cooperation in satellite technology. Though the visit was described as a formal courtesy, it was viewed as a significant symbol of the growing opportunities for collaboration between the two nations in the field of space exploration and technology. “Although this visit was primarily a…

The Chairman of the 11th Kwara Trade Fair Organising Committee, Mr Abu Salami, yesterday in Ilorin urged more focus on production and industrialisation via agriculture and livestock development. Salami told journalists that the sector had the potential to create jobs and wealth for youths and women while contributing to the state’s economic growth and prosperity. “We are thrilled to be marking a significant milestone in the history of our Trade Fair which began on Friday at the Kwara State Sports Stadium Complex and will end on Monday. “As we move forward, I urge us all to focus on production and…

Apple has started integrating OpenAI’s ChatGPT into its devices in the latest update to the iOS, according to a statement by the iPhone maker on Wednesday, December 11. The move aims to enhance user experience and increase the sales of Apple’s latest iPhones during the peak holiday shopping season. The update introduces Artificial Intelligence-powered tools to Apple’s operating systems for iPhones, iPads, and Mac computers. The ChatGPT integration is available on the latest iPhone 16 models, as well as the Pro and Pro Max versions of the iPhone 15 series. It is also compatible with iPads equipped with A17 Pro or M1 chips…

CAPE Economic Research & Consulting has projected that Nigeria’s headline inflation rate will reach 34.03 per cent in November 2024, ahead of the official release of November’s inflation data by the National Bureau of Statistics (NBS). It said headline inflation will rise to 34.03 per cent, food inflation will reach 40.13 per cent, and core inflation will hit 28.12 per cent in the month. In its latest publication, the firm said its forecast is predicated on the persistent increase in food prices, fluctuations in the exchange rate, housing, and utility costs, which contributed 4.70 per cent, 0.38 per cent, and…

Africa’s largest refinery, Dangote Refinery, shipped its first Premium Motor Spirit (PMS) to Cameroon in partnership with Neptune Oil. In a statement released on Wednesday, December 11, Dangote expressed that the achievement was made possible by the strategic alliance between the two companies, reinforcing their dedication to boosting Nigeria-Cameroon economic relations and addressing the growing energy demand in the region. Dangote delighted with PMS export to Cameroon The President of Dangote Group, Aliko Dangote said “This first export of PMS to Cameroon is a tangible demonstration of our vision for a united and energy-independent Africa. “With this development, we are laying the foundation for…

In yet another landmark achievement ,Polaris Bank has emerged as the Sectoral Winner in the Banking and Other Financial Institutions Sector category at the 2024 NECA Annual Employers’ Excellence Awards. The bank received the sectoral recognition for its innovative HR practice at the NECA’s Excellence Awards, (the 4th edition) which held recently at the Balmoral Convention Centre, Ikeja. The recognition is particularly vital as it marks the first award the bank has received for its efforts in Human Resources Management, reaffirming Polaris Bank’s commitment to creating a people-oriented workplace culture. The NECA Annual Employers’ Excellence Awards celebrate organisations that excel…