The Executive Vice Chairman of the Nigerian Communications Commission (NCC) Prof. Umar Garba Danbatta on Thursday said the 36.6 million telephone lines withdrawn from telecom operators in March this year, were found to be redundant. Danbatta spoke in Abuja on the sideline of the 84th Edition of Telecom Consumer Parliament (TCP) . The News Agency […]
Over 350 Nigerians are said to be responsible for over 80 per of the N5.4 tillion debt profile of the Asset Management Corporation of Nigeria (AMCON), Managing Director/Chief Executive Officer of AMCON, Mr. Ahmed Kuru disclosed this in an interview with the News Agency of Nigeria (NAN). According to Kuru, the 350 Nigerians or their […]
OPEC is changing fundamentally as power in the oil market shifts towards Saudi Arabia, acting in concert with Russia, while the other members of the organisation are increasingly marginalised. In theory, all members of the Organization of the Petroleum Countries are equal, and the group has always taken decisions by consensus (“Statute of the Organization […]
The World Bank said on Thursday it had approved a total of $2.1 billion in concessionary loans to fund projects in Nigeria aimed at improving access to electricity and promoting governance. The projects approved by the International Development Association (IDA), the bank’s low-interest arm, are expected to support Nigeria’s economic growth plan. Growth rates in […]
By Foster Obi Based on predictable reactions that follow the postponement of the elections into the governing board of the Council of Registered Freightforwarders of Nigeria (CRFFN), the National Association of Government Approved Freight Forwarders (NAGAFF) has asked it members to sheath the sword as events unfold. A statement signed by its Founder, Boniface Aniebonam […]
Nigeria Liquefied Natural Gas’ (LNG) fifth production unit, or train, is set to resume production in July after it shut down for maintenance on May 25, the company said in a statement to Reuters. “The Train 5 Turn Around Maintenance affects output from this train only … Operations on other trains are continuing as normal,” […]
By Foster Obi Olu of Warri, HIS Royal Majesty, OgiameIkewoli 11 has called on all stakeholders in the Delta Ports to give maximum and unflinching support to the Management of Nigerian Ports Authority (NPA), under HadizaBala Usman to sustain transformation in the region. The Royal father made this call while receiving the representative of the […]
Nigerian actor and comedian Benjamin Nwachukwu, known to his fans as Shuga Shaa, has drawn a mixed reaction in the commercial capital, Lagos, for saying he has a relationship with a sex doll named Tonto Shaa. The pampered doll sports a wig, polished finger nails and wears jewellery and expensive perfumes – and now has […]
The owners of Max Air Limited have concluded plans to venture into the Nigerian domestic air transport market in addition to its usual Hajj and Umrah operations. Alhaji Bashir Mangal, Vice Chairman, Max Air, in an interview with the News Agency of Nigeria (NAN), on Wednesday in Abuja, said the airline would commence full operation […]
At least 200 undocumented migrants have been rescued off Libya’s coast, the Libyan Navy said late Tuesday. In a statement, navy forces affiliated with Libya’s internationally recognized Government of National Accord said the migrants were rescued 25 miles off the coast of Al-Qaraboli city. The migrants are Africans, the statement added. Around 785 migrants have […]