The Senate and the House of Representatives have received and adopted the conference committee report on the Petroleum Industry and Governance Bill (PIGB), bringing to near closure the over 16-year journey of the legislation. The consideration followed the presentation of the reports by the chairman, Senate committee on Petroleum Resources (upstream), Omotayo Alasoadura (APC, Ondo […]
Royal Dutch Shell has filed a criminal complaint against a former employee over suspected bribes in the sale of a Nigerian onshore oilfield in 2011, shedding more light on the company’s activities in the oil-rich West African country. The suspected wrongdoing is unrelated to a court case against the Anglo-Dutch company and Eni in Italy […]
Gold castings of the hands of South Africa’s first black President Nelson Mandela have been sold for $10m (£7m) in bitcoin. Canadian crypto-currency exchange firm Arbitrade bought four casts from South African businessman Malcolm Duncan. The firm said it planned to launch a global “Golden Hands of Nelson Mandela” tour to educate young people about […]
Nigeria decided not join an Africa free trade zone last week because it needs to carry out more consultations at home first, the government said on Tuesday. Other leaders agreed to form a zone encompassing 1.2 billion people, but 11 countries including the continent’s biggest economy, Nigeria, and its most-developed, South Africa, did not sign […]
The National Agency for Food and Drug Administration and Control (NAFDAC) has advised public to shun consumption of fruits ripened with calcium carbide. The agency gave the warning on Monday in Abuja in a statement signed by its management, saying that dangerous effects of carbide-ripened fruits include cancer and other illnesses. According to the management, […]
A 25 years old man, identified as Chidiebere Duru, an indigene of Umuafai Village, Dikenafai, Ideato South Local Government Area of Imo State was on Friday, March 23rd, 2018 was sentenced to three years imprisonment by Hon. Justice Allagoa at the Federal High Court of Nigeria, Owerri Judicial Division, for unlawfully tampering with a 200KVA […]
Facebook on Sunday denied collecting information from Android users without permission following multiple reports that it has been logging text messages and call data. After the recent Cambridge Analytica scandal, many Facebook users started downloading their archived data files, or a copy of what the social network knows about them. Some are finding concerning information, […]
The Federal Government said it recovered more than N143. 89 billion from corrupt officials through the implementation of the Whistleblower policy. The Presidential Initiative on Continuous Audit (PICA) disclosed this in a report made available to the News Agency of Nigeria (NAN) on Sunday in Abuja. The report showed that government had successfully recovered N7.8 […]
Black Panther will pass two major milestones this weekend. First, possibly as soon as tomorrow, it will top the $623 million domestic total of The Avengers by Sunday night. That will mean, unadjusted for inflation, that Ryan Coogler and John Robert Cole’s MCU superhero flick will be the highest-grossing comic book superhero movie ever in […]
Visiting Swiss Confederation’s Minister of Economy, Education, and Research, Mr. Johann Schneider-Ammann, has said that Swiss companies had so far created about 10,000 job opportunities in Nigeria. He spoke at a reception organized by the Consulate General of Switzerland in Lagos for him and his Economic and Political delegation to Nigeria. The Minister said his […]