Author: KANABE MEDINAT, Editor

LAGOS, Nigeria (VOICE OF NAIJA)- The Manager, Calabar Ports, Mr Olumati Festus, says the port has not received any container vessel in the past 25 years. Festus made the statement on Friday in Calabar during an investigative visit to the port by the House of Representatives Adhoc Committee on Ports and Harbours. He said that the Calabar channel had not been dredged to allow bigger vessels to come into the port. ”Bigger vessels can’t come in because of this. The situation is affecting the economy of the zone. ”If more vessels come into the Port, the economic will receive a boost,…

LAGOS, Nigeria (VOICE OF NAIJA) – A fuel tanker has exploded at the Eleme section of the East-West Road in Rivers State leaving more than 100 vehicles burnt. The number of casualties are unknown, but sources disclosed that the fire incident cut across multiple explosions due to gridlock caused by the ongoing construction at Eleme axis. The inferno reportedly occurred late Friday night left many travelers trapped. The road is said to have many private and public companies including the Port Harcourt Refinery. According to reports, a tanker laden with petroleum products exploded and burst into flames that spread to other…

LAGOS, Nigeria (VOICE OF NAIJA)-Over 98,000 women in Nigeria die annually from the use of firewood and charcoal with the Niger Delta recording 21,000 deaths from the figure. The Managing and Chief Executive Officer, Gas 360, Mr Emmanuel Uwandu disclosed this on Friday in his key note presentation during the groundbreaking of the 20,000 metric tonnes of Liquified Petroleum Gas Depot Project by Windek Energy Limited held at Atabrikang Aquaha Ibeno Local Government Area of Akwa Ibom State. He revealed further that cooking with firewood and charcoal is equivalent to smoking 20 package of cigarettes, adding that such is what…

LAGOS, Nigeria (VOICE OF NAIJA)- Guinness Nigeria Plc, a foremost total beverage alcohol company in Nigeria and a subsidiary of Diageo Plc., released its unaudited financial results for the nine-month period, ended, 31 March 2024, revealing both resilience and adaptability in navigating a turbulent economic landscape. In a year marked by unprecedented challenges, Guinness Nigeria delivered a commendable 28% year-on-year revenue growth, reaching ₦220.3 billion compared to ₦172.47 billion in the same period last year. This notable surge was particularly pronounced in Q3, with a remarkable 44% acceleration, signifying a strategic pivot amidst evolving market dynamics. Despite grappling with soaring…

LAGOS, Nigeria (VOICE OF NAIJA)- A man identified as Adebanjo Segun, is currently cooling his heels at the Ogun State police station for exhuming a corpse and stealing the decomposing head. According to available information, the 50-year-old suspect exhumed the corpse from the cemetery of the Christian Association of Nigeria (CAN) at Ago Omu Ijebu area of Ogun State. He was apprehended by operatives of the Ogun State Police Command and those of So Safe, the Ogun State Government security outfit at about 2:20pm on Friday. READ ALSO: Ritualists Exhume Corpses, Remove Body Parts For Money Rituals In Ogun State The…

LAGOS, Nigeria (VOICE OF NAIJA) – The Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed plans for a robust framework for a unified retail end of the foreign currency market  The body also warned those indulging in naira hoarding and speculation, to desist from it as it has adverse effect on economic growth. A statement from the association on Friday disclosed that the move would tackle volatility and boost regulatory compliance within that segment of the market. ABCON President, Aminu Gwadabe, said ABCON was implementing plans meant to unify operators from different cadres of the market, including…

LAGOS, Nigeria (VOICE OF NAIJA) -The National Emergency Management Agency (NEMA) says three persons have been confirmed dead while two were injured in the three-storey building collapse that occurred in Kuntau Quarters, Gwale Local Government Area of Kano State. NEMA Kano Territorial Coordinator, Dr. Nuradeen Abdullahi confirmed the incident and casualty figures on Friday.Abdullahi said: “We received a distress call today at about 9:20am from a good samaritan that a three-storey building under construction collapsed at Kuntau quarters. READ ALSO: Lagos Fire: Four Buildings Collapse, 14 Impacted  “On receiving the information, we quickly sent our rescue team to the scene.“So far,…

LAGOS,  Nigeria (VOICE OF NAIJA) – As the deadline for the submission of recapitalisation plans by banks approaches, Pricewatercooper (PwC) has backed the recapitalisation process by the Central Bank of Nigeria (CBN). In its recently published report, PwC explained how the policies will bolster economic growth and financial credibility. In the report titled: “Recapitalisation response pathways: Thinking outside the box’ released on Wednesday,” the multinational professional services and tax audit company listed the strategic options. The apex bank announced a two-year bank recapitalisation process which began on April 1, and is expected to end on March 31, 2026. The plan…

LAGOS, Nigeria (VOICE OF NAIJA)- Nestlé Nigeria has refuted allegations that it adds sugars and glucoses to its infant and children formulas. In a statement sent to VONa, the company stated that it adheres to the same principles of nutrition, health, and wellness globally, complying with local regulations and international standards, which include labelling requirements and carbohydrate content limits.  Below is the statement: Nestlé Nigeria PLC, one of the largest food and beverage companies in Africa has restated that it applies the same principles of nutrition, health, and wellness worldwide, aligning with both international and local guidelines and regulations. “While…

LAGOS, Nigeria (VOICE OF NAIJA)- A report by an open-source blockchain website, Elastos on Thursday revealed that 66 per cent of Nigerian consumers in the crypto community prefer to have life savings in Bitcoin than traditional financial institutions services.  The data obtained from the report shows that Nigerians have more confidence in the emerging digital currency market. According to the platform, the research was compiled from online interviews conducted with 1,407 self-defined ‘tech savvy’ respondents in Brazil, Germany, Nigeria, South Korea, UAE, UK, and US. The interviews were completed by a third party, registered market research company and completed between…