The federal government has signed a memorandum of understanding (MoU) that will see that the Nigerian international passport will be produced locally. The agreement was signed between Iris Smart Technology Limited, an indigenous company, and Nigerian Security Printing and Minting Plc at the Ministry of Interior in Abuja. In his remarks at the ceremony, Abdulrahman […]
Crude oil prices pulled back from overnight highs and moved lower in midmorning US trading Tuesday as a multi-week rally began to show signs of fraying amid a lack of fresh drivers. ICE April Brent was down 50 cents at $62.01/b and NYMEX March WTI was 83 cents lower at $53.73/b. “The market tried to […]
Canada’s leading cryptocurrency exchange company has said it cannot repay $190m (£110m) to clients because its founder died with their passwords. Cryptocurrency bitcoin marks 10 years cryptocurrency Gerald Cotten, 30, founder of QuadrigaCX died “due to complications with Crohn’s disease” while travelling in India to open an orphanage in December, his wife Jennifer Robertson said. […]
By Foster Obi The Managing Director of the Nigerian Ports Authority (NPA) HadizaBala Usman was recently presented with an appreciation award by the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC), Maritime Branch for her support and exemplary contributions to human development in port services during their 40th Anniversary in Lagos. In […]
A Federal High Court sitting in Lagos, yesterday, convicted former Managing Director of the defunct Integrated Microfinance Bank Limited, Mr Simon Akinteye over $166.9 million fraud. Judicial symbol for justice Man to die for hacking neighbour to death over generator fumes The trial judge, Justice Cecilia Olatoregun, convicted the former bank’s boss after finding him […]
Audu Ogbeh, minister of agriculture and natural resources, says the federal government will place a final ban on the importation of tomato paste before the end of 2019. Speaking in Kano during a tour of the Dangote Tomato Processing Plant in Kadawa, Kano state, Ogbeh said the ban will encourage massive tomato production. According to […]
The Central Bank of Nigeria (CBN) has debunked a newspaper report on sleaze in the foreign exchange (forex) dealings. In a rebuttal made available to Daily Sun yesterday, the apex bank challenged the media organisation to provide the names and evidence of collusion between the agents and officials of CBN working in cahoot to carry […]
Their goals may not have been enough to secure all three points for their sides this weekend, but Lionel Messi and Cristiano Ronaldo both netted braces to keep their Golden Shoe hopes intact. Nigeria vs Argentina Messi Kylian Mbappe, who currently joins the podium with these two giants of world football, is still yet to […]
Crude Oil closed positive in January 2019 having suffered sharp losses and closing in red on all three months of 3rd quarter in FY2018-19. Having hit 4 years high at $77.06 per barrel just at the start of Q3 FY2018-19, crude oil suffered sharp losses and moved back near yearly lows to $42.20 per barrel […]
First Vice President of the Nigeria Football Federation, Barrister Seyi Akinwunmi is pleased with Nigeria’s flying start at the U20 Africa Cup of Nations in Niger Republic. After a cagey first half, goals from Nazifi Yahaya and Maxwell Effiom silenced Burundi 2-0 in Niamey to lead Group A after the first round of games. In […]