The forward has netted just thrice so far this season, and he is eager to improve in the face of a barrage of criticisms. Arsenal’s Alex Iwobi is keen on improving his output in the final third. Goalscoring has not been the Nigeria international’s strongest trait. But, with direct contributions to 10 goals [three goals […]
Month: February 2019
Shell leads cash race but Exxon catching up
Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world’s top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production. The five leading firms, known as oil majors, more than tripled profits and doubled cash generation since 2016 […]
Oil price declines on rising energy demand, Libya’s output
Oil futures declined on Thursday, pressured by risks to energy demand, a stronger dollar and reports that Libya could soon increase production. While the Brent crude went down to $61.07, WTI, $52.23, Bonny light was up to $63.69 yesterday. The decline in oil, following gains on Wednesday, “came on the back of fresh risk based […]
African countries now destination of Nigeria’s looted funds, says EFCC boss
Acting chairman of Nigeria’s anti-graft agency Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, said looters of the country’s treasury now keep illicit funds in Ghana, Egypt, Cameroon, South Africa, Niger Republic, Morocco and other African countries. Magu made the disclosure at the signing of a Memorandum of Understanding (MoU) between EFCC and its Nigerien […]
FG to issue promissory note to settle N350bn exporters’ debt
the Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr Olusegun Awolowo, on Thursday, said that Federal Government would soon approve the settlement of N350bn exporters credit through the issuance of the promissory note. He said this at the inauguration of NEPC Anti-Corruption and Transparency Monitoring Unit held in Abuja. A promissory note is a […]
Lassa Fever: Nigeria’s death toll rises to 57
The current Lassa fever outbreak in Nigeria has so far killed at least 57 people, the Nigeria Centre for Disease Control said on Friday. According to the situation report released by the health agency, 275 cases of Lassa fever have been confirmed in 19 states as of February 3. The situation report is a weekly […]
Nigeria’s oil production to start declining after 2020 – Experts
Nigeria’s oil production is expected to start declining after 2020, despite significant potential for growth, a new report has said. Analysts at Afrinvest Research, in “The Nigerian Oil and Gas Upstream Report’ released this week, said deepwater exploration had slowed considerably due to the fiscal uncertainty caused by the failure to pass the Petroleum Industry […]
Over 100 Nigerians imprisoned in Chad – Embassy
The Embassy of Nigeria in Chad on Friday said no fewer than 102 Nigerians were in the country’s prisons, serving varying jail terms. Charge d’Affaires in the embassy Mr Nasiru Waje disclosed this in N’djamena to some Nigerian journalists on a working visit to Chad. He said that the inmates, some of whom had not […]
FG deploys price checker on procurement process
Nigeria has deployed a new portal called the price checker to harmonise prices and ensure transparency in the procurement process. Mr Aliyu Aliyu, the Head, Regulation and Database, Bureau of Public Procurement (BPP), said this at the sensitisation of procurement officers on price checker and e-procurement in Abuja. The sensitisation was organised by the Efficiency […]
FIRS moves against millionaire tax defaulters
The Federal Inland Revenue Service (FIRS) says it will go after 40, 000 millionaire who have been defaulting on taxes in 2019. According to a statement released in Abuja on Thursday, Babatunde Fowler, FIRS executive chairman, made this known while receiving Mohammed Adamu, the acting inspector general of police. Fowler said the FIRS recovered N23 […]