December 6, 2024 - Pen Agency News

No Plans for Foreign Military Bases in Nigeria – Defence Chief

CDS Dismisses Claims General Christopher Musa, the Chief of Defence Staff, debunked claims that Nigeria agreed to host a foreign military base. On Friday, Musa addressed the issue at the unveiling of...

Nigeria Records N5.81 Trillion Trade Surplus in Q3 2024

Trade Surplus Declines Quarter-on-Quarter Nigeria achieved a trade surplus of N5.81 trillion in the third quarter of 2024, driven by strong export performance, according to the National Bureau of Statistics (NBS). While...

Northern Senators Establish Committee on Tax Reform Bills

Technical Committee Formed Northern senators, led by Senator Ibrahim Shekarau, launched a technical committee to review controversial tax reform bills. Ladan Salihu, spokesperson for the League of Northern Democrats, announced this on...

Port Harcourt Refinery Begins Exportation of Petroleum Products

Low Sulfur Fuel Oil Export to Dubai The newly refurbished Port Harcourt Refinery has officially commenced exporting refined petroleum products, marking a pivotal moment in Nigeria’s energy sector. Kpler, a leading data...

What Esoteric Investment Strategies Can Propel Wealth In Nigeria?

There’s a growing interest in alternative investment strategies among Nigerians, particularly as economic conditions fluctuate. Traditional investments, such as stocks and bonds, commonly dominate the conversation, yet there are innovative, lesser-known approaches...

Poor Sleep and Brain Health

Sleep Deprivation Accelerates Brain Aging Poor sleep quality can significantly impact brain health, with new studies revealing that it may accelerate brain aging. Researchers identified specific sleep disruptions, such as difficulty falling...

Niger Government Seizes Control of French Uranium Subsidiary

Niger Asserts Sovereignty Over Uranium Resources Nigerien authorities have taken operational control of Somaïr, a key subsidiary of the French uranium giant Orano. This decision underscores the growing tension between Niger and...

Tax Reform Bill Debate: South-East Senators Addresses Concerns

Push for Balanced Reforms South-East senators have convened to address concerns over the contentious Tax Reform Bill currently under deliberation in the Senate. The lawmakers emphasised the need for fair representation and...

Edo NLC Office Invasion: President Warns Okpebholo

Labour Leader Invasion The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has issued a strong warning to the Governor of Edo State, Monday Okpebholo, following the invasion of the state’s...

OPEC Ministers Meet to Stabilise Global Oil Market

Key Decisions from OPEC’s 38th Meeting The Organisation of the Petroleum Exporting Countries (OPEC) convened its 38th Joint Ministerial Monitoring Committee (JMMC) meeting on Thursday to deliberate on measures to stabilise the...

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Day: 6 December 2024