The Infrastructure Concession Regulatory Commission (ICRC) is to partner USAID Nigeria on avenues that can be employed to boost the quality of education through Public Private Partnership (PPP). This is the outcome of a courtesy visit by the Acting Director General of the Commission, Engr. Chidi Izuwah to the USAID Education office Director, Croshelle Harris-Hussein. […]
Nigeria Agip Oil Company (NAOC) and the federal government have concluded preparations to activate a National Oil Spill Contingency Plan (NOSCP). Director-General of National Oil Spill Detection and Response Agency (NOSDRA), Peter Idabor said the NOSCP would take care of oil spill management in the Nigerian environment, as well as the responsibility of ensuring timely, […]
Nigeria’s upper chamber of parliament on Tuesday said it would invite the central bank governor and the ministers of finance and defence to explain the release of $462 million to buy helicopters, it said on its Twitter feed. Senator Sam Anyanwu said the money was withdrawn from the federal account in March without the approval […]
By Foster Obi As property market receives a boost following rise in prices in the United Kingdom (UK) by about 0.4% in the last month, pushing the national average to a new record of £305,732 according to property website’s House Price Index, Nigeria realtors are highly expectant of a reversal in fortune. Nigeria’s housing market […]
OPEC’s next planned meeting in June will be a chance to review its oil production cut agreement, but the producer group will continue with cuts through 2018, Kuwait’s oil minister Bakheet al-Rashidi said Monday. While it will be discussed in June, a decision on whether to extend the deal into 2019, would be taken later […]
By Foster Obi CMA CGM SA, French container transportation and shipping company and leading worldwide shipping group said it has signed a memorandum of agreement with Lekki Port LFTZ Enterprises to operate future container Terminal at Nigeria’s Lekki Port. A report by Reuters shows that CMA CGM Terminals Unit will operate the Terminal when Lekki […]
Ford hasn’t been shy about its plans for a self-driving car network in 2021, including its hopes of fielding a purpose-built vehicle that year. However, there have been questions about the size — will this be like the services we’ve seen so far, where one city gets a limited taste of the autonomous future? Thankfully, […]
By Foster Obi Coca-Cola is launching the world’s first official Coke slushy which analysts belief could be the healthiest Coke yet Independent of London reports that although there are unbranded cola slushies swirling around at funfairs, that this is Coca-Cola’s first official frozen venture. Coca-Cola Frozen Lemon has been eight years in the making, but […]
Nigerian President Muhammadu Buhari will be the guest of US President Donald Trump on 30 April in Washington, the White House announced on Sunday. According to the statement, Trump will discuss issues such as promoting economic growth and fighting terrorism with Buhari. “The relationship of the United States with Nigeria is deep and strong, and […]