Annual inflation in Nigeria slowed to 11.61 percent in May, its lowest level in more than two years and its 16th straight monthly drop, the National Bureau of Statistics said on Wednesday. It fell from 12.48 percent in April. A separate food price index showed inflation at 13.45 percent in May, compared with 14.80 percent […]
Author: Isaac Umunna
Italy top court rejects appeal to prevent Shell, Eni corruption trial
Italy’s Supreme Court threw out an appeal from Shell and four former Shell managers to stymie a trial on alleged corruption in Nigeria, which also sees Eni’s chief on the bench, legal sources said on Wednesday. The long-running graft case revolves around the 2011 purchase by Eni and Shell of Nigeria’s OPL-245 offshore oilfield for […]
NIMASA Advocates Better Living Conditions For Dock Workers
… As STOAN, MWUN Others Commend Agency By Foster Obi The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to the welfare of dock workers in the maritime industry as the Agency organised a meeting of the employers and labour unions in the maritime sector under the aegis of the National Joint […]
Ship with 900 Migrants docks in Italy amid international row
A vessel carrying more than 900 migrants has docked on the Italian island of Sicily. The Italian coastguard vessel, the Diciotti, had picked up the migrants off the coast of Libya. Italy on Sunday had refused to allow the Franco-German ship Aquarius, packed with migrants, to dock, sparking an international row. The Diciotti was allowed […]
Nigerian Navy announces destruction of 1000 illegal refineries in 29 days
The Nigerian Navy Ship (NNS) DELTA on Wednesday said it had destroyed over 1000 illegal refineries with swamp buggies in the Delta creeks. Speaking with journalists in Warri, the Commander, NNS DELTA, Ibrahim Dewu, said the illegal refineries were destroyed in the last 29 days in its ongoing raids. He said the illegal refineries and […]
U.S.,Mexico and Canada to host 2026 World Cup
The 2026 World Cup will be held in the United States, Mexico and Canada after FIFA’s congress voted on Wednesday to back the tri-nation joint bid for the tournament. All 211 Member Associations of FIFA voted at the body’s 68th Congress in the Russian capital to choose between African candidate Morocco, and the joint bid […]
UTC, Ashaka Cement among 22 firms delisted from Nigeria Stock Exchange
The Nigerian Stock Exchange (NSE) expelled no fewer than 22 companies between 2016 and 2017 over non-performance and failure to meet the required post-quotation standards. Data obtained by the News Agency of Nigeria (NAN) from the exchange showed that the delisted companies included Cappa and D’Alberto, Intercontinental Bank Preference shares, IPWA, G Cappa and West […]
Nigerian refugees in Germany among top job finders-Survey
Nigerian asylum seekers in Germany seem to find it easier than other African refugees to integrate into the labor market, a survey found. The latest monthly report on the integration of migrants in the German labor market, issued by the Institute for Employment Research (IAB), which is affiliated to the German Employment Agency (BA), shows […]
Nigeria Has Already Won the World Cup (of Style)
By now, you might be familiar with Nigeria’s World Cup kit, a series of green jerseys so good-looking that Nike received a reported three million pre-orders from fans queuing up in the clamor to get their hands on one. The demand was so fevered that the Super Eagles had friends and family hitting them up […]
2018 World Cup: U.S. counterspy warns travelers about hackers
Top United States counterintelligence official has advised Americans travelling to Russia for the 2018 FIFA World Cup scheduled to begin on June 14 not to take electronic devices. The measure is called for because they are likely to be hacked by criminals or the Russian government. In a statement to William Evanina, the officials warned […]