Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday approved reorganisation of the corporation’s top management, in which over 50 senior personnel were either redeployed or replaced. Apart from removing Managing Director of the ...
Read More »MTN listing on NSE has empowered Nigerians, NCC insists
The Nigerian Communications Commission (NCC) said it had succeeded in empowering Nigerians to own, control and manage one of the dominant telecommunications companies in the country with the MTN listing on the Nigerian Stock Exchange (NSE). Addressing reporters in Abuja, ...
Read More »Auctioneers seek quick disposal of recovered national assets
National President of the Nigeria Association of Auctioneers, Aliyu Kiliya, has sought quick disposal of recovered national assets to forestall untoward acts from government functionaries. In a statement yesterday in Abuja, he contended that the assets had long overdue for ...
Read More »INEC withdraws Nwaoboshi, 24 other APC, PDP members’ certificates of return
THE Independent National Electoral Commission (INEC) said it had withdrawn 25 certificates of return earlier issued some winners during this year’s general elections. It stated that the decision was in response to court orders. Chairman of Information and Voter Education ...
Read More »Nigeria’s GDP dips to two per cent in Q1 2019, analysts predict more shocks, urge urgent action
The nation’s Gross Domestic Product (GDP) reversed its major leap in the fourth quarter of 2018 from 2.39 per cent to 2.01 in the first quarter of 2019, representing a decline of -0.38 per cent points. The development, which is ...
Read More »EFCC, Navy declare war on pipeline vandalism
The Economic and Financial Crimes Commission (EFCC) and the Nigerian Navy are to be more responsive to oil bunkering and pipeline vandalism in the region. The commitment was reiterated when Deputy Zonal Head of the EFCC, Uyo Zonal Office, Alex ...
Read More »Petrol may rise as Senate deletes equalisation fund from PIGB, Nigeria loses $55b in 10 years
Nigerians living far from petroleum depots or in mountainous and riverine communities may be burdened with high price of petroleum products, especially Premium Motor Spirit (PMS) otherwise called petrol if President Muhammadu Buhari signs into law the current version of ...
Read More »DCP Fakeye Sold my Properties – Ize-Iyamu : Ize-Iyamu is a mental patient – DCP Fakeye
A retired Captain of Nigerian Army, Bernard Ize-Iyamu has called on President Muhammadu Buhari and Inspector General of Police Muhammed Adamu, to quickly intervene in his ordeal in the hand of some officers of Nigeria police at Zone II command ...
Read More »Ecobank Nigeria, Lagos public sector partner to tackle plastic waste
By Edu Abade PLASTIC waste, a recurring environmental pollution issue, has again been brought to public consciousness with a mandate to rid Lagos streets and waters of four million plastic bottles this year. This was the focus of Ecobank Nigeria ...
Read More »Brewers move to pass extra alcohol duty to consumers, pay FG N50b in nine months
Unable to bear the burden of excise duty on their businesses and another proposed upward review in alcohol tax, brewing firms are exploring modalities to pass on costs to consumers, having paid over N50 billion to the Federal Government in ...
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