Foreign Direct Investments (FDIs) in Nigerian Oil and Gas Free Zones totaled 75 billion dollars (N14.7 trillion), with a lion share of 60 billion dollars (N11.8 trillion) investments in Onne Oil and Gas Free Zone. The Managing Director of Oil and Gas Free Zone Authority (OGFZA), Mr Victor Alabo said this in Onne, Rivers, as […]
Juan Pablo Badillo, one of the lawyers of incarcerated drug lord Joaquin “El Chapo” Guzman, has vowed to block the extradition of Guzman to the United States. The Mexican government approved the extradition of “El Chapo” to the United States on Friday after receiving guarantees he would not face the death penalty. But, the kinkgpin’s […]
Raymond Omatseye, a former Director General of the Nigerian Maritime and Safety Agency (NIMASA), has been sentenced to five years in prison. The Federal High Court Sitting in Lagos made the sentence on Friday. Justice Rita Ofili-Ajumogobia convicted and sentenced Mr Omatseye after finding him guilty on 24 out of 27 counts charge bordering on […]
The Lagos State Police will today, arraign Lekan Shonde, the dockworker who allegedly killed his wife during a scuffle at their Egbeda residence in Lagos two weeks ago, to court. The suspect, is expected to be arraigned before the Ebute-Metta Magistrate’s Court. This is just as family of late Ronke has begun plans to bury […]
The Nigerian Army announced late Thursday night that a second Chibok schoolgirl abducted by Boko Haram has been rescued. The girl was among the nearly 300 Chibok school girls abducted by Boko Haram on April 14, 2014. Acting Director, Army Public Relations, Colonel Sani Kukasheka Usman, gave her name as Miss Serah Luka, even as he […]
The Enugu State Government says it is negotiating a 50-million-dollar facility from the French Development Agency (FDA) to provide potable water in Enugu, the capital city. The Commissioner for Water Resources, Chief Charles Egumgbe, made the disclosure in Enugu on Thursday while speaking with the News Agency of Nigeria (NAN). He said that getting […]
Amechi Obiakpu Saul “Canelo” Alvarez has reportedly dumped his World Boxing Council middleweight title to ease talk with would be opponent, Gennady Golovkin. The Mexican, according to media report took the decision Wednesday, to ease deadline pressure that had surrounded his talks for a showdown against now-undisputed champion Gennady Golovkin. According to AFP, the WBC […]
The Federal Executive Council (FEC) on Wednesday approved the proposal for Dangote Construction Company to use cement to build a section of the Lokoja- Obajana-Kabba-Ilorin road. The Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this while briefing State House correspondents on the outcome of the Federal Executive Council meeting in Abuja. […]
An attack on a pipeline at an oilfield operated by Nigerian Agip Oil Company (NAOC), at Ogbembiri in Southern Ijaw Area of Bayelsa has compelled the oil firm to shut production on the line. The oil firm has subsequently deferred its production to the tune of 1,000 barrels of oil equivalent of its equity […]
Mayowa Okekale, Abuja The Nigerian Labour Congress (NLC) has vowed that the strike started Wednesday to protest the hike in fuel price would continue until the Federal Government accedes to its demands. In Abuja, the strike started with a procession of unionists, workers, bedecked in T-shirts and displaying national flags who sang solidarity songs in […]