The Presidency has said that there was not a time when the current administration promised to make one naira become equivalent to one dollar. Mr. Femi Adesina, Special Adviser to the President on Media and Publicity, said the claims suggesting that President Muhammadu Buhari made such a promise, are false. “It does not exist, it […]
The stern of a huge container ship that has been wedged across the Suez Canal for almost a week has been freed from the shoreline, officials say. The course of the 400m-long (1,300ft) Ever Given has been corrected by 80%, according to the Suez Canal Authority. It added that further efforts to move the boat […]
Polaris Bank Webinar: Experts outline winning strategies on how women could build wealth Three accomplished Nigerians and leading authorities in government and finance sectors; Yewande Sadiku, Osayi Alile and Teju Abisoye have jointly enjoined Nigerian women to explore multiple investment opportunities available to build a sustainable wealth that would last generations. The trio gave the […]
Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Federal Government subsidises Premium Motor Spirit with about N120bn ($263.25m) monthly. He said while the actual cost of importation and handling charges amounts to N234 per litre the government had been selling at N162 per litre therefore bearing the difference. Kyari spoke […]
Director-General of Nigerian Maritime Administration Safety Agency (NIMASA), Dr. Bashir Jamoh, has assured maritime stakeholders that the Agency’s modular floating dock is in the process of being deployed. Jamoh disclosed this during a visit to Managing Director of Nigerian Ports Authority (NPA) Hadiza Bala-Usman at the NPA headquarters, Marina, Lagos. Jamoh stated, “I am here […]
…Commends school’s transformation efforts By Foster Obi The Alumni of Maritime Academy of Nigeria (AMANO) has commended the Academy’s efforts to enhance its profile and technical capacity with more stimulators, better remuneration for staff, even as it initiates plans to build a modern marine exhibition center. The Rector of MAN Oron, Comr. Duja Efedua revealed […]
Oil prices surged more than four percent on Friday, over mounting fears that it will take weeks to refloat Ever Given, a mega-container ship stranded in Egypt’s Suez Canal. Brent crude, the international benchmark, increased 4.36 per cent, to $64.67 per barrel at 18:17 GMT on Friday, after plummeting 3.8per cent on Thursday. The U.S. […]
UN calls for greater regional cooperation to ensure sustainable and resilient recovery from COVID-19 in Asia and the Pacific The Sistem Monitoring Imunisasi Logistik Secara Elektronik (SMILE), an innovative platform to digitize the vaccine cold chain run jointly by the Indonesia Ministry of Health since 2018, is being used to monitor roll-out of COVID-19 vaccines […]
The father of one of the 39 abducted college students in Kaduna State, Ibrahim Shamaki, is dead. Ibrahim was the father of Fatima Shamaki, one of the girls with hijab seen in the video that was released by bandits who invaded the Federal College of Forestry Mechanisation in the Afaka area of the state. According […]
Soldiers of an unidentified battalion in Operation Lafiya Dole have protested their posting to a location in the Theatre of Operation. The aggrieved soldiers, according to sources at the Maimalari barracks besieged the headquarters of the Theatre Command in Borno State, shooting sporadically into the air on Thursday night following their deployment. They cited non-payment […]