The National Identity Management Commission (NIMC) has said that over 300,000 national identity cards for those who enrolled in 2012 are ready for collection. NIMC Spokesman, Loveday Ogbonna, urged enrollees in the year 2012, up to August 2013 and who were yet to pick up their cards, to do so immediately. Ogbonna said that those […]
Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData. The company’s report: ‘H2 2018 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in Sub-Saharan Africa – Royal Dutch Shell Dominates […]
Nigeria recorded the highest crude oil loss in the last 18 years with an average of 245 million barrels of oil going down the drain in 2016. Oil pipeline Statistics from the latest audit report of the Nigeria Extractive Industries Transparency Initiative, NEITI, revealed that the huge loss was occasioned by several factors, including pipeline […]
The price of crude oil, yesterday, dropped from $50 to $48 in the international market, showing $12 below Nigeria’s $60 per barrel 2019 budget reference price. Specifically, the price of Brent, West Texas Intermediate, WTI and the Organisation of Petroleum Exporting Countries, OPEC, basket of 15 crudes stood at $48.00, $43.38 and $47.92 per barrel […]
By Foster Obi Managing Director of Nigerian Ports Authority Hadiza Bala Usman has assured stakeholders in the Maritime Sub-Sector of Management’s renewed vigour and determination at improving on its operational efficiency and accomplishments recorded especially in the New Year. A statement signed by Adams .A. Jatto, General Manager, Corporate and Strategic Communications, said “Therefore, the […]
Arsenal manager Unai Emery has been charged with improper conduct by the English Football Association after kicking a water bottle into the crowd during the 1-1 Premier League draw at Brighton on Boxing Day.A Football Association spokesman said Thursday: “Arsenal manager Unai Emery has been charged following the game against Brighton yesterday (26 December 2018). […]
By Foster Obi Enugu Electricity Distribution PLC (EEDC) has said that while the atmosphere was overwhelmed with euphoria in preparation for the Christmas celebration, Osita Anazodo, also known as Ezebinagbo, a 32 year-old electrician who hails from Akuiro, Okpuno, Anambra State, chose to do the contrary, as he went out in the early hours of […]
Crude oil futures fell Thursday morning in European trading after a more than $3/b rally overnight.”You see a number of headlines out there about the market recovering but crude prices came down brutally on the 24th, therefore yesterday’s rally was merely a rebound,” Frank Lousen from Global Risk Management said Thursday morning. “Crude futures dropped […]
The Tertiary Education Trust Fund (TETfund) has predicted Nigeria would become the 14th best economy in the world by 2050. President Muhammadu Buhari addressing delegates to the Nelson Mandela Peace Summit at the 73rd United Nations General Assembly at the United Nations Headquarters, New York. Photo by Abayomi Adeshida 24/09/2018 The Executive Secretary of the […]