Nigeria’s President Muhammadu Buhari needs to address grievances in the Delta region where militants have been blowing up oil pipelines in a conflict that has become a “major concern,” a senior British official said on Saturday. The swamps of the southern Delta have been hit by a series of attacks on pipelines and other oil […]
Following last Wednesday’s partial deregulation of the downstream sector of Petroleum industry by the Federal Government with an increase in pump price of petrol from N86.50 to N145, the organised labour and their civil society allies have resolved to lead Nigerian workers on strike after Wednesday, May 18. It was gathered that labour leaders […]
The Federal Government says that the new price regime for the downstream petroleum sector is comprehensively designed to tackle the hardship faced by Nigerians and create additional 200,000 jobs in the country. The information is contained in a bulletin issued by the Ministry of Petroleum Resources in Abuja on Friday. It said that the […]
Now may not be a good time to live in America, especially those who do not have legal permit to do so, a Reuters report has stated. The report states that U.S. immigration officials are planning a month-long series of raids in May and June to deport hundreds of Central American mothers and children […]
The Minister of State for Petroleum, Mr Ibe Kachikwu says the lifting of petrol price should not be the basis for which government will provide palliatives to its citizens. Mr Kachikwu was speaking on Channels Television’s Sunrise Daily on Thursday, where he defended the change in pump price for Premium Motor Spirit, PMS by […]
Residents in and around the Federal Capital Territory, Abuja, were treated to an evening of classy and entertaining stage performances by the crew and cast of Etisalat Communications sponsored Hear Word!, the internationally acclaimed episodic stage play that speaks to issues that hold Nigerian women back from reaching their full potentials. The performance in […]
With power supply at an all-time low and the epileptic nature of supply constraining many homes and businesses, pioneer composite e-commerce outfit, Yudala, has offered Nigerians a cost-effective way out with a two-day special discount sale of iPowerPlus inverters, with free deliveries also on offer for prospective shoppers in Lagos and Abuja. The promotion […]
The Central Bank of Nigeria (CBN) yesterday cautioned bank customers against falling prey to the activities of unscrupulous individuals who demand for the details of their debit (ATM) cards as well as their Personal Identification Numbers (PIN), under the pretext of being Customer Care representatives of the CBN. “Those messages and calls are intended […]
A former corporate broker at Deutsche Bank, Martyn Dodgson has been sentenced to a four-and-half year in prison for UK insider trading. Dodgson, 44, once advised the UK government on its bailed-out banks. Judge Pegden of London’s Southwark Crown Court who gave the sentence on Thursday said Dodgson had committed “a gross breach of […]
MTN Group’s six-month battle with Nigerian authorities over payment of a record fine has cost the company its seven-year status as Africa’s highest-valued telecommunications operator, with that honour going to rival Vodacom. MTN’s market capitalisation was R244bn at the market close in Johannesburg on Wednesday, trailing Vodacom’s R249bn. This year marks the first time the […]