The national leadership of the National Association of Nigerian Students (NANS) has rejected the alleged anti-poor and anti-masses recruitment requirements of the Nigerian National Petroleum Corp[oration (NNPC). Adeyemi Azeez, NANS National Public Relations Officer, made the position of the students’ body known in a statement on Sunday in Abuja. NANS alleged that it was a […]
Author: Isaac Umunna
MMIA Road Construction; FAAN Advises Passengers To Get To The Airport Early
By Foster Obi To avoid missing their flight and putting themselves through unnecessary pressures, the Federal Airports Authority of Nigeria (FAAN) has advised passengers to leave their homes early, owing to the ongoing reconstruction of the road leading the Murtala Muhammed International Airport, Lagos. A statement signed by Yakubu Henrietta, FAAN General Manager, Corporate Affairs, […]
‘Boeing’s Investors Are the Only Ones Pleased with the Company Now’
We’d like to see more scrutiny as the impetus to rally around Boeing right now leaves little room for skepticism and improvements. Boeing Co. and the Federal Aviation Administration this week attempted to wrest back control of the narrative about the grounded 737 Max jet. As far as the stock is concerned, it was a […]
Nigerians ‘ordering pizza from London and using British Airways to deliver it’
People in Nigeria are using British Airways to ‘deliver’ to them pizzas from London, the nation’s Minister of Agriculture has complained. Audu Ogbeh, 71, said that Nigerians are ‘using their cellphones to import pizza from London’ as he addressed the Senate Committee on Agriculture in Abuja. Describing it as ‘annoying’, he expressed concern over the […]
FG allots N29.35bn in March bonds auction, N240.88m for savings bond
The federal government has allotted N29.35 billion worth of bonds to 12 successful bidders in its March auction, the Debt Management Office (DMO) says. According to the auction results obtained from its website on Thursday in Abuja, DMO said that three bonds in tenures of five, seven and 10 years were offered at the auction. […]
Oil posts biggest quarterly rise since 2009 on OPEC cuts, sanctions
Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade, as U.S. sanctions against Iran and Venezuela as well as OPEC-led supply cuts overshadowed concerns over a slowing global economy. The May Brent crude oil futures contract, which expired Friday, gained 57 cents, or 0.8 percent, to settle at […]
Work to continue on Lagos-Ibadan railway project– FG, NASS
The ongoing construction work on the Lagos-Ibadan railway project will not be abandoned, both the Federal Government and the National Assembly declared on Friday. According to them, the project will be given all the attention required until it is completed. The Minister of Transportation, Rotimi Amaechi, and the Senate Committee Chairman on Land Transport, Senator […]
SEC reopens dividend warrant issuance 1 year after closure
More than one year after ending the issuance of dividend warrants, the Securities and Exchange Commission, SEC, yesterday, announced reopening of the exercise to allow it address all outstanding issues. The Commission has therefore set a fresh deadline for discontinuation of issuance of physical dividend warrants at December 31, 2019. SEC had in December 31, […]
Congestion at Apapa port threatens N108bn cashew exports
Shipment of cashew nuts worth N108 billion ($300 million) have been trapped at the Apapa port in Lagos since January, exporters of the produce have said. Tola Fasheru, president of the Nigeria Cashew Exporters Association, told Bloomberg that gridlock and inefficiency at the Apapa port delayed shipment of up to 50,000 tonnes of cashew nuts […]
Do More enlightenment on micro pension plan – Labour leader Tells Pencom
The general secretary of the National Union of Textile, Garment & Tailoring Workers of Nigeria, Issa Aremu, has called for more awareness on the execution of the micro pension plan. He made the call on Friday following the launch of the plan by President Muhammadu Buhari in Abuja on Thursday. In a statement he personally […]