African Development Bank has asked Canadian investors to pour into the continent, seizing advantage of numerous investment opportunities; advising also that it is time to “change the lens through which Africa is perceived’’. Dr. Akinwumi Adesina, President of AfDB made the call at a meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce […]
The Western Marine Command of the Nigeria Customs Service (NCS), Lagos, said on Thursday that it had confisticated illegal imports worth N81 million in the last one month. Benjamin Binga, the new Comptroller of Customs, Western Marine Command, disclosed this to the News Agency of Nigeria (NAN) in Lagos. Binga said the seizures in Idiroko, […]
US President Donald Trump called on Thursday for OPEC to take action reducing oil prices as many of the group’s key members prepare to meet with their Russian allies in Algeria this weekend. “We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue […]
Shares in South Africa’s MTN rose 5 percent on Thursday, after Nigeria’s central bank said on Wednesday that it was reviewing information provided by the telecoms firm and four banks over a dispute on the repatriation of dividends. “The statement suggests there are some talks going on and the market welcomed the less harsh tone […]
An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of the oil industry’s biggest graft scandals. Nigerian Emeka Obi and Italian Gianluca Di Nardo were found guilty of international corruption and each given four-year jail sentences, three sources with knowledge of the ruling […]
Transparency, Integrity, Crucial To Maritime Growth – Dakuku By Foster Obi The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies in the maritime sector to carry out joint inspection of vessels at the ports in order to fully […]
The Nigerian government on Wednesday announced immediate suspension of its widely publicised national carrier, two months after it was unveiled at an international air show. Hadi Sirika, Nigeria’s aviation minister, made the announcement shortly after the cabinet meeting on Wednesday afternoon. He later posted the announcement on Twitter. “I regret to announce that the Federal […]
The Shell Petroleum Development Company (SPDC) says no fewer than 610,000 people in Niger Delta have so far benefitted from its free health interventions in the past eight years. Mr Igo Weli, General Manager, External Relations at SPDC stated this at the opening ceremony of a Community Healthcare Programme at Onopa in Yenagoa, Bayelsa on […]
The residents of Ilara-Mokin, a town in Nigeria’s western state of Ondo state, celebrate the harvest season in an unusual way – by beating themselves with sticks during the New Yam Festival. Last Monday, the revellers danced and sang with joy without showing any sign of pain despite the welts on their backs. The festival […]
Four men are competing to become the next president of the problem-hit Nigerian Football Federation (NFF). The polls, scheduled for Thursday in Katsina State in northern Nigeria, are expected to go ahead despite moves from some quarters to prevent them from taking place. A faction claiming to run the National Association of Nigerian Footballers wants […]