Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting. Brent crude was down $1.29, or 2.16%, at $58.52 a barrel by 1321 GMT, having risen 0.5% on Wednesday. U.S. crude was down […]
The federal government has asked Nigerians to avoid travelling to China over the coronavirus disease spreading across the Asian country. Speaking at the end of the federal executive council meeting on Wednesday, Osagie Ehanire, minister of health, advised all passengers from China to stay in isolation for two weeks before reuniting with their families. “In […]
A Lagos Division of the Federal High Court has struck out a N3 billion fundamental rights enforcement suit filed by telecommunications giant, MTN Nigeria, against the Attorney General of the Federation, Abubakar Malami. Justice Chukwujekwu Aneke struck out the suit Thursday after the court was informed about the decision of the AGF to withdraw a […]
The High Court of the Federal Capital Territory in Gwagwalada, Abuja, has ordered the arrest of a former Minister of Petroleum, Dauzia Loyal Etete, better known as Dan Etete, in connection with the Malabu Oil scam. Justice Abubakar Kutigi ordered the arrest of Etete along with Munamuna Seidougha, and Jospeph Amaran, The PUNCH reports. This […]
By Foster Obi Despite challenges that characterised the power sector in 2019, Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, has said it recorded several achievements last year including the reduction in ATC&C losses, introduction of e-billing system and improved sustainable power through its bilateral agreements. Ikeja Electric’s Chief Operating Officer (COO), Folake Soetan, […]
Weapons are frequently used in clashes between farmers and herdsmenImage caption: Weapons are frequently used in clashes between farmers and herdsmen A major field study has uncovered that weapons used in inter-communal violence in three states in northern Nigeria originate in countries including Libya, Turkey and Ivory Coast. Over three years, investigators from the Conflict […]
The Federal Competition and Consumer Protection Commission has shut down Chinese-owned Panda Supermarket in the Jabi area of Abuja as part of measures to prevent the spread of Coronavirus. The FCCPC said in a series of tweets that it had confiscated some frozen food items illegally imported from China. The pictures of some of the […]
The Senate Minority Leader, Enyinnaya Abaribe, has called on President Muhammadu Buhari to resign as president over rising insecurity in the country. He made the call on Wednesday when the Senate discussed a motion on national security challenges and the need to restructure Nigeria’s security system. Mr Abaribe, who was the first to contribute to […]
By Foster Obi Management of the Nigerian Ports Authority (NPA), led by the Managing Director, HadizaBala Usman recently received the Executives of STARZ Marine and Engineering Ltd., led by the MD Greg Ogbeifun on a working visit to the Corporate Headquarters of the NPA, Lagos. In the pix are: Managing Director, Nigerian Ports Authority (NPA), […]
