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News Summary of January 8, 2024 in Nigeria

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News Summary of January 8, 2024 in Nigeria
Latest news summary in Nigeria

NSIA and All On have partnered to improve access to energy in Nigeria through distributed renewable energy (DRE). The partnership aims to accelerate the deployment of renewable energy projects and provide affordable and sustainable energy solutions to underserved communities.

In week 51 of 2023, the Nigeria Centre for Disease Control (NCDC) reported a sharp increase in Lassa Fever cases. The disease is endemic in Nigeria, and the increase in cases is a cause for concern.

The Nigerian Bulk Electricity Trading (NBET) has paid over N2 trillion to Generation Companies (GenCos) in the past five years. This payment is part of the efforts to ensure uninterrupted power supply in the country.

The Nigerian Meterological Agency (NiMet) has predicted a three-day sunshine with haziness from Monday. The agency advises people to take necessary precautions during the period.

Nigeria plans to sell a power distribution firm in order to recover over $130 million in debt. The government is taking steps to address the financial challenges in the country's power sector.

If you have N2 million, here are some Nigerian stocks you can consider investing in January 2024. These stocks have shown potential for growth and profitability.

The Nigerian Aviation Handling Company (NAHCo) has invested N1 billion to facilitate export cargoes at Lagos Airport. The investment aims to boost the export sector and improve the country's trade balance.

The NCDC has recorded a surge in Lassa fever cases in 2023. The agency is working to contain the spread of the disease and provide necessary support to affected individuals.

The Minister of Poverty Alleviation has been suspended by the Nigerian leader after financial transactions were questioned. The suspension is part of the government's efforts to ensure transparency and accountability.

Lagos has recorded 6,442 emergencies in 54 months, with Alimosho topping the list. The state government is taking steps to improve emergency response and ensure the safety of its residents.

Intending pilgrims have been tasked on the extension of registration for their pilgrimage. The deadline for registration has been extended to accommodate more individuals.

A chieftain of the Labour Party (LP) shares how they fought for Peter Obi's victory in the past election. The LP played a crucial role in securing the victory of the former governor.

The Nigerian Institute of Public Relations (NIPR) has appointed a new director. The institute is taking steps to strengthen its leadership and enhance its operations.

Welders have refuted the minister's claim of a $10 billion yearly loss in the welding industry. They argue that the claim is inaccurate and does not reflect the reality of the sector.

A Rivers leaders group is urging the government to allow Governor Wike to discharge his official duties without hindrance. The group believes that Wike's efforts are crucial for the development and progress of the state.

The depreciation of the naira is threatening equipment acquisition in the aviation industry, according to NAHCo. The company is facing challenges in purchasing necessary equipment due to the unfavorable exchange rate.

Africa Stablecoin Consortium has released an official statement addressing recent announcements. The consortium clarifies its position and provides detailed information on its activities.

The Managing Director of Kaduna Electricity Distribution Company (DisCo) has resigned from his position. The reasons for his resignation are yet to be disclosed.

UBA has become the first bank in Nigeria to be listed with the highest market value. The bank's market value reflects its strong performance and investor confidence.

A Boko Haram operation in Nigeria resulted in the death of 12 members. The security forces conducted a successful operation to neutralize the terrorist group.

The Nigerian Minister of Poverty Alleviation has been suspended pending an investigation into alleged financial fraud. The suspension aims to ensure accountability and maintain public trust.

The Nigerian Communications Commission (NCC) has sanctioned the partial disconnection of Globacom from MTN due to interconnectivity fees. The NCC is taking steps to address the issue and ensure fair practices in the telecommunications sector.

A quadruplet mum in Warri has been discharged from the hospital after her bill was cleared. The mother received help from various individuals and organizations to cover the medical expenses.

The NCDC has reported an increase in Lassa Fever cases in Nigeria. The agency is working to contain the spread of the disease through surveillance and response activities.

UBA has become the top-listed bank in Nigeria in terms of market value. The bank's strong financial performance and strategic initiatives have contributed to its success.

The Dangote refinery in Nigeria is set for test runs after receiving more crude oil. The refinery aims to boost local production and reduce the country's reliance on imported petroleum products.

The Nigerian Minister of Defense has been relieved of his duties. The reasons for his dismissal are yet to be confirmed.

Source of content: OOO News 2024-01-08 News

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