Shell Petroleum Development Company (SPDC) has relocated its Kolo Creek-Soku gas pipeline across Kolo River in Bayelsa State from the river surface to the river bed. A visit to the Kolo Creek Oilfield operated by SPDC shows that the gas pipeline was no longer located on the water surface across the creek. Oil workers were […]
Gambia’s ex-leader Yahya Jammeh has flown out of the country he ruled for 22 years and into exile, bringing an end to a protracted political crisis following presidential elections last month. The longtime ruler refused to step down after a December 1 vote in which opposition leader Adama Barrow was declared the winner, triggering weeks […]
President Muhammadu Buhari on Saturday warned that any university management involved in unethical practices would face the full wrath of the law. Buhari, who was the Visitor at the sixth convocation of the National Open University of Nigeria (NOUN) in Abuja, said universities would henceforth prepare quarterly financial reports. Represented by Prof. Abubakar Rasheed, Executive […]
MTN may put off plans to list its Nigerian operation until 2018 as Africa’s largest wireless carrier works to resolve a regulatory dispute and awaits an economic recovery in the continent’s most populous country. “It’s a work in progress and hopefully within the 12 to 18 month period we will be able to do it,” […]
Brass Fertiliser & Petrochemical Company Limited (BFPCL) says its $6 billion methanol plant has the capacity to create 20,000 jobs in the host community. The Brass Fertiliser plant is located in Brass Island, Bayelsa State. In a statement, the vice chairman of the company, Mr Ben Okoye, said the project would employ 15,000 workers indirectly […]
Nigeria has ratified the Trade Facilitation Agreement (TFA), making it the 107th World Trade Organisation (WTO) member to do so. Only three more ratifications from members are needed to achieve the two-third threshold that will bring the TFA into force. Nigeria’s instrument of acceptance was submitted to the WTO on Friday by the Minister for […]
The industrialisation drive of the Ogun State Government is geared towards promoting socio-economic development and employment generation. The state says it has again yielded another positive result, as the government is set to commission 20 more companies across the three Senatorial Districts areas of the state The State Commissioner for Commerce and Industry, Mr Bimbo […]
Pamela Eboh, Awka The Peoples Progressive Alliance (PPA) leader in Anambra State, Mr. Godwin Ezeemo, has called on the federal government to make a policy on agriculture as a way of moving away from total oil dependence and embracing cocoa which was in the past the chief export of Nigeria. He made the call yesterday […]
The Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) have vowed to clamp down on fraudulent operators in the Nigerian capital market. Ibrahim Magu, Acting Chairman, EFCC, and his SEC counterpart, Mournir Gwarzo, made the pledge Thursday, January 19, 2017 while signing a Memorandum of Understanding, MoU, for cooperation at […]
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has debunked the insinuations in some quarters that policies of the government were meant to few the few in the society. Instead, policies were always designed to serve the best interest of majority of Nigerians. Mr. Emefiele, who was responding to concerns raised by […]