The Organization of the Petroleum Exporting Countries has been marginalised as critical decisions about the oil market are taken by a troika of the United States, Russia and Saudi Arabia. The rise and subsequent fall in oil prices this year has been almost entirely driven by production decisions in these three countries and their policies […]
Month: November 2018
Nigeria: Tension Rises in Niger Delta over $18.5m Oil Pipeline Surveillance Contract
Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to Ocean Marine Solution Limited contrary to extant rules. Multiple sources said at the weekend that the NNPC approved a contract for the surveillance of the 87-kilometre Trans-Forcados Pipeline (TFP) […]
Nigeria: Tension Rises in Niger Delta over $18.5m Oil Pipeline Surveillance Contract
Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to Ocean Marine Solution Limited contrary to extant rules. Multiple sources told THISDAY at the weekend that the NNPC approved a contract for the surveillance of the 87-kilometre Trans-Forcados Pipeline […]
Nigerian women to attract Dubai investors
In a bid to shore up the country’s economy, President, National Council for Women Societies, Gloria Laraba Shoda, has disclosed that Prime Unique Women Initiative and Skyhigh Security Safety and Skills in collaboration with the council will storm the United Arab Emirates, Dubai to woo investors. Shoda, who told journalists, in Abuja, recently explained that […]
Aubameyang extends Arsenal’s unbeaten run
Pierre-Emerick Aubameyang extended Arsenal’s unbeaten run to 17 matches with the goal that sealed a 2-1 win at Bournemouth on Sunday. Unai Emery’s side took the lead through Jefferson Lerma’s bizarre own goal before Josh King equalised on the stroke of half-time at Dean Court. Aubameyang netted his eighth league goal of the season midway […]
Leicester City’s Iheanacho suffering from ‘low self-confidence,’ Gernot Rohr
The form of the 22-year-old has dipped recently but the Super Eagles boss is confident that the attacker will recover from the setback. Nigeria coach Gernot Rohr believes Kelechi Iheanacho is suffering from ‘lack of self-confidence’. The forward who started his senior international career brightly, scoring seven goals in 11 appearances has failed to find […]
Nigeria’s Biggest Opposition Candidate Promises Crypto currency Regulation
Ahead of Nigeria’s general elections in February 2019, Atiku Abubakar, the presidential candidate of the People’s Democratic Party (PDP)- the country’s largest opposition party – has included the creation of a “comprehensive block chain and digital currency policy” in his policy document. The move comes as a significant surprise as the country’s regulatory establishment led […]
4G not economically viable in Nigeria, others — Experts
Telecommunications analysts say the rollout of 4G services by mobile network operators in Nigeria and other African countries may not be financially profitable. Insights from a new market research conducted by Xalam Analytics showed that the 4G network deployment and adoption had not directly improved the cash flow of network operators. The report of the […]
Customs impounds fresh Containers of Tramadol
Nigeria Customs Service (NCS) on Friday said it intercepted another 13 containers of Tramadol, a banned addictive substance, and other items at Tin-Can Island Port in Lagos. The Comptroller-General of Customs, Retired Col. Hameed Ali, told journalists in Lagos the seizure had a Duty Paid Value (DPV) of N3,13 billion. The News Agency of Nigeria […]
Nigeria’s Super Falcons whip E/Guinea to AWCON’s semi-final
A hat-trick from Asisat Oshoala helped Nigeria’s Super Falcons to a 6-0 whipping of Equatorial Guinea to advance to the semi-finals of the 11th African Women Cup of Nations (AWCON) in Ghana. The Super Falcons progressed with South Africa, which drew 1-1 with Zambia to top Group B. On Friday, hosts Ghana were sent packing […]