Personal Assistant to murdered Gokada CEO, Fahim Saleh, has been arrested in connection with the crime, the New York Times reported on Friday. Saleh, 33, was found unresponsive in his Manhattan home on Tuesday afternoon with his body dismembered, New York Police said. Now police investigations have revealed Tyrese Devon Haspil, 21, carried out the […]
Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries just as major producers get set to loosen production curbs. U.S. West Texas Intermediate (WTI) crude futures rose one cent to $40.76 a barrel at 0204 GMT, while Brent […]
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by higher food and healthcare costs, the statistics office said on Friday, as the coronavirus pandemic disrupted logistics. Inflation climbed to 12.56%, its highest level in more than two years, from 12.4% in May, the National Bureau of Statistics said. A separate […]
By Foster Obi As the pandemic escalates, the pain it is causing in the lives of billions of people is evident especially in the world’s 74 poorest countries. The World Bank has however enumerated ways it is contributing to lifting the worst hit countries out of poverty. The Bank said that in the poor areas […]
…Asks consumers to follow established channels of complaints reporting By Foster Obi Nigerian Communications Commission (NCC) said it has successfully resolved Ninety eight per cent (98%) of the total service-related complaints received from telecoms consumers within a 15-month period, spanning January 2019 to April 2020. In a statement signed by Dr. Ikechukwu Adinde, Director Public […]
….Erring facilities to face sanction, says DG By Foster Obi Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has directed all duly registered stevedoring companies with operational areas allotted by the Nigerian Ports Authority (NPA), which are yet to start operation, to mobilise to their work locations. The directive, contained in a marine […]
By Foster Obi Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, Wednesday named Mr. Ceda Ogada as the Secretary of the Fund and Director of the Secretary’s Department. Mr. Ogada succeeds Mr. Jianhai Lin, whose retirement was announced previously. Mr. Ogada is expected to begin his work in this capacity on September […]
Nigeria’s candidate rooting to head the World Trade Organization (WTO) , Ngozi Okonjo-Iweala has urged U.S. President Donald Trump, or his successor, not to leave the Geneva-based body in a press briefing on Wednesday, saying that reforms were possible. “Don’t leave now: let’s fix what needs fixing,”i Okonjo-Iweala said in response to a question about […]
Former Executive Director of the Nigerian Maritime Administration and Safety Agency (NIMASA), Captain Ezekiel Bala Agaba was on Wednesday sentenced to seven years in prison for laundering the sum of N1.5 billion by a Federal High Court sitting in Lagos. has sentenced aJustice Ibrahim Buba handed down the sentence on Wednesday, after convicting the former […]
The Federal Government on Wednesday opened a fresh bid to select contractors to provide portable water in oil spill impacted Ogoni communities in Rivers. Dr Marvin Dekil, the Project Coordinator, Hydrocarbon Pollution Remediation Project (HYPREP) said at the opening of the bid in Port Harcourt that the Project was initiative of the UN Environment Programme […]