By Foster Obi As part of efforts to increase patronage at the Eastern Ports, the Management of the Nigerian Ports Authority (NPA) has approved a ten per cent (10%) discount on harbour dues in all concession terminals at the ports. “Ports that will be affected by this initiative are Calabar, Rivers and Delta Ports,” Jatto […]
The acting managing director of the Niger Delta Development Commission (NDDC), Nelson Braimbraifa, has been quizzed by Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC). Mr Braimbraifa, alongside the NDDC executive director of finance, Chris Amadi, was said to have been a guest of the EFCC’s investigators in Abuja for about two days […]
The registration of the Nigeria Union of Contributory Pensioners under the chairmanship of Asimiefele Aigbokheleode by former minister of Labour and Employment, Dr Chris Ngige, has been described as unconstitutional by the Sylvanus Nwaiwu-faction of the NUCP and the Nigeria Union of Pensioners. While announcing the creation of the union during a valedictory session held […]
By Foster Obi Ikeja Electric Plc. (IE), one of Nigeria’s leading electricity distribution companies has announced the roll-out of prepaid meters for customers in the Ikorodu Business Unit. According to the Disco, the deployment and installation of prepaid meters to customers in Ikorodu, which will be carried out by one of its MAPs, New Hampshire […]
The Securities and Exchange Commission (SEC) has suspended, till further notice, Oando Plc’s Annual General Meeting (AGM) scheduled to hold on Tuesday. The suspension followed an order by a Federal High Court in Lagos due to an application made by the Group Chief Executive Officer of Oando Plc, Mr. Adewale Tinubu, and his deputy who […]
The Federal Government has declared Wednesday, June 12, 2019, as a public holiday to commemorate the maiden National Democracy Day. Barr. Georgina Ekeoma Ehuriah, Permanent Secretary, Ministry of Interior issued the statement on Monday. He called on Nigerians to continue to extol the sacrifices made by heroes of democracy, particularly those who lost their lives […]
OPEC has so far avoided a bruising intra-bloc market share battle, with top exporter Saudi Arabia’s crude oil production falling to a four-and-a-half-year low in May, even as sanctions-hit Iran and Venezuela continue to see their output contract, an S&P Global Platts survey showed Friday. Saudi Arabia kept some fields offline and pumped 9.70 million […]
President Muhammadu Buhari has accepted the resignation of Walter Onnoghen, suspended chief justice of Nigeria. Garba Shehu, presidential spokesman, disclosed this in a statement issued on Sunday night. “President Buhari has accepted the voluntary retirement from service of Hon. Justice Walter Onnoghen as Chief Justice of Nigeria, effective from May 28, 2019,” the statement read. […]
The Lagos Chamber of Commerce and Industry has expressed concern over reports of interception of containers on the highways by the officials of Standards Organisation of Nigeria. The chamber raised the concern in a communique by the Director-General, Mr Muda Yusuf, and President, Mr Babatunde Runseweon, Monday in Lagos at the end of its council […]
The victory at Stade des Alpes in Grenoble meant Vadao’s side maintained their perfect record in World Cup openers. The team had snapped a run of nine straight defeats in the lead-up to the tournament since a 2-1 win over Japan, last July. Cristiane started in place of fellow forward, Marta, who was ruled out […]