By Foster Obi Seven persons have died after an explosion at an ‘Oil Mining Lease 40’ operated by the Nigerian Petroleum Development Company (NPDC). The Group General Manager, Group Public Affairs Division (NNPC), Kennie Obateru confirmed this in a statement on Wednesday. According to him, the incident happened on Tuesday evening at Gbetiokun in Delta […]
Flight operations in Lagos State and the Federal Capital Territory, Abuja have resumed after over three months of being shut down following the outbreak of the COVID-19 pandemic. However, the turnout of passengers was low as Channels Television monitored activities at the domestic wing of the Murtala International Airport, Lagos. Passengers were seen with their […]
By Foster Obi Following the recent re-opening of the airports by the Federal Government, Dana Air has announced the resumption of its flight services on July 9 2020 The airline will operate three daily flights from Lagos to Abuja and back while the date for the addition of Port Harcourt and Owerri will be announced […]
By Foster Obi Heads of Maritime agencies on Tuesday had a meeting on collaboration and how to build synergy to improve synergy to enhance operations in the sector. The meeting which is to be held quarterly after the next also addressed the issue of overzealouness and overlapping functions. Pix shows: L-R: Director General, Nigerian Maritime […]
Africa is expected to partially rebound next year from a pandemic-induced economic slump, but it could still lose nearly a quarter of a trillion dollars in economic output in 2020 and 2021, the African Development Bank (AfDB) said on Tuesday. Africa has so far largely been spared the rampant infections and heavy death tolls seen […]
By Foster Obi Management of Nigeria Ports Authority (NPA) has described as unfounded, the allegations that it is deliberately nothernising managerial positions in the organization. A statement signed by Jatto A Adams, General Manager, Corporate and Strategic Communications, titled ‘Re: Lopsided appointments of General Managers/Heads of Departments in Nigerian Ports Authority (NPA),’ said, “In the […]
By Foster Obi Two residents of Fatokun Street in Abule Taylor, Off Abeokuta Expressway, Lagos, have been arraigned before Ogba Magistrate Court for energy theft under the Ikeja Electric network. A statement signed by Felix Ofulue, Head, Corporate Communications, Ikeja Eectric said that, “The duo of Latefat Shofidiya, 65 and Ekundayo Taiwo, 40 were nabbed, […]
By Foster Obi Nigerian Communications Commission (NCC) has created a Digital Economy Department, principally responsible for implementing programmes and policies aimed at fully supporting and promoting the national digital economy agenda of the Federal Government. This new move the Commission said is continuation of its renewed strategy and vigour for effective delivery of its regulatory […]
Nigeria’s naira eased 5.5% on the official market on Tuesday, after the central bank sold dollars to lenders at a lower rate, bowing to pressure from international lenders to unify its multiple exchange rates. Nigeria has been under pressure from lenders such as the World Bank and International Monetary Fund to merge its exchange rates. […]
Nation’s official exchange rate may fall to N430 to the dollar by the end of 2020, United Capital Plc, a pan-African investment banking and financial services group, said on Tuesday. The firm, in its economic forecast for the second half of the year, titled, “Nigeria H2 2020 outlook report: Up in the air,” analysed the […]
You must be logged in to post a comment.