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Soroman Achieves First Loading Milestone with Dangote Consortium in Calabar
Business
14 Oct•The Abuja Times

Soroman Achieves First Loading Milestone with Dangote Consortium in Calabar

Soroman's collaboration with the Dangote Consortium marks a significant advancement in Nigeria's petroleum distribution sector, with its first cargo set for the Soroman Depot in Calabar, Cross River State. This achievement underscores the company's strategic focus on enhancing coastal logistics capabilities and expanding its operational footprint.

‘Agbara Nla: The Return’ Breaks Records with Historic Nollywood Opening
Arts & Entertainment
14 Oct•The Abuja Times

‘Agbara Nla: The Return’ Breaks Records with Historic Nollywood Opening

The highly anticipated remake of ‘Agbara Nla’ has achieved a remarkable milestone, becoming the largest non-December opening in Nollywood history. This achievement is particularly significant as it marks over thirty years since the original was produced by Mike Bamiloye for just N5,000.

Zenith Bank Bolsters Girl-Child Development with Empowerment Program for 300 Students
Lifestyle & Culture
14 Oct•The Abuja Times

Zenith Bank Bolsters Girl-Child Development with Empowerment Program for 300 Students

In a significant move towards fostering female empowerment, Zenith Bank has launched an initiative aimed at equipping 300 school girls with essential skills and knowledge. Spearheaded by Dr. Adaora Umeoji, the program underscores the bank's dedication to nurturing the potential of young girls in Nigeria.

Eguavoen Addresses Ajibade's Injury Concerns After Olympic Qualifier Victory
Sports
14 Oct•The Abuja Times

Eguavoen Addresses Ajibade's Injury Concerns After Olympic Qualifier Victory

Following a significant win in the Olympic qualifiers, interim coach Augustine Eguavoen expressed concern over the injury sustained by team captain Ajibade. Eguavoen commended the performance of Okpe while confirming that further medical assessments of Ajibade are underway.

IMF Advocates Targeted Support Over Blanket Petrol Subsidies in Nigeria
Business
14 Oct•The Abuja Times

IMF Advocates Targeted Support Over Blanket Petrol Subsidies in Nigeria

The International Monetary Fund (IMF) has cautioned against blanket petrol subsidies, emphasizing the need for targeted assistance to support Nigeria's most vulnerable populations. The organization highlighted the fiscal implications and regressive nature of such subsidies in its latest report.

INEC Clarifies Exclusion of Pantami and Adebutu from 2027 Governorship Candidates
News
14 Oct•The Abuja Times

INEC Clarifies Exclusion of Pantami and Adebutu from 2027 Governorship Candidates

The Independent National Electoral Commission (INEC) has clarified the exclusion of key political figures from the upcoming 2027 governorship elections, citing non-compliance with essential electoral regulations. This decision underscores the importance of adherence to the Electoral Act as political parties prepare for the elections.

Minister Highlights Lessons from Nigeria's Economic Reforms for African Nations
Business
14 Oct•The Abuja Times

Minister Highlights Lessons from Nigeria's Economic Reforms for African Nations

Nigeria's Minister of Finance emphasizes the importance of economic reforms despite their immediate challenges, urging other African countries to learn from Nigeria's experiences. The minister asserts that while reforms may present short-term difficulties, they are vital for long-term economic stability and growth.

IMF Calls for Enhanced Safeguards in Nigeria's Banking Sector Post-Recapitalisation
Business
14 Oct•The Abuja Times

IMF Calls for Enhanced Safeguards in Nigeria's Banking Sector Post-Recapitalisation

The International Monetary Fund has urged Nigerian authorities to implement stronger regulatory measures in the banking sector to mitigate risks following recent recapitalisation efforts. This recommendation comes amid concerns over sovereign debt exposure and potential global financial instability triggered by market corrections.

NAFDAC Uncovers Counterfeit Drinks Operation in Lagos Trade Fair Complex
News
14 Oct•The Abuja Times

NAFDAC Uncovers Counterfeit Drinks Operation in Lagos Trade Fair Complex

The National Agency for Food and Drug Administration and Control (NAFDAC) has dismantled a suspected counterfeit drinks production facility in Lagos, arresting two individuals linked to the illegal operation. This enforcement action comes as part of NAFDAC's heightened efforts to protect public health ahead of the festive season.

Shell Divests Domestic Gas Operations in Nigeria to Vaaris Energy
Business
14 Oct•The Abuja Times

Shell Divests Domestic Gas Operations in Nigeria to Vaaris Energy

Shell has confirmed the sale of its domestic gas business in Nigeria to Vaaris Energy, a move aimed at streamlining its portfolio and focusing on core strengths. This strategic transaction reflects Shell's ongoing efforts to optimize its operations in the competitive energy sector.

APC Integrates Opposition Leaders into Tinubu's Re-election Campaign Council
News
14 Oct•The Abuja Times

APC Integrates Opposition Leaders into Tinubu's Re-election Campaign Council

In a strategic move to bolster support for President Bola Tinubu ahead of the 2027 elections, the APC has welcomed key opposition figures into its campaign council, despite internal resistance. The inclusion of governors from the PDP, Accord, and APGA highlights a significant shift in political alliances as the election approaches.

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