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Explosives found on bodies of victims killed in EgyptAir crash

Whereas investigations are still ongoing, preliminary report by the Egypt Air Accident Study Commission has seen traces of explosives on the bodies from an EgyptAir plane that crashed into the Mediterranean, raising the possibility of a terror attack on board. All 66 people on board flight MS804 were killed when it went down during its flight from Paris to Cairo ...

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ExxonMobil shuts Lagos HQ over sack of PENGASAN workers


The intimidating Lagos headquarters of U.S. oil major, ExxonMobil was Thursday shut, following a standoff with blue-collar oil unions over the sacking of 150 ExxonMobil workers. Yesterday morning, members of the Petroleum and Natural Gas Senior Staff Association of Nigeria PENGASAN barricaded the office, protesting the sacking of Nigerian workers. Earlier Wednesday, similar action had taken place in Upkenekang Community ...

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N30bn bankers’ intervention fund takes off next year at single digit interest rate

CBN Abuja

All is set for a new N30bn intervention window expected to be injected into the financial system early next year by a consortium of all commercial banks in Nigeria in partnership with the Central Bank of Nigeria (CBN). The facility is coming on a rare single digit interest rate. Business Hilights gathered that Nigerian banks, under the aegis of the ...

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NPA partnering with US Coast Guard to transform Nigerian ports

NPA media parley

The Managing Director of Nigerian Ports Authority (NPA), Ms. Hadiza Usman has disclosed that her leadership is currently partnering with experts from the United States of America (USA) Coast Guard to re-position key infrastructure at the Nigerian ports. Addressing journalists Wednesday in Lagos at a parley to mark her first 100 days in office, she said the Authority is already ...

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Relief as FG orders immediate payment of bonuses to Falcons

More than one week after the Nigerian female national team, the Falcon returned victorious from the 2016 African Female Nations Cup in Cameroun, payment of bonus controversy has engulfed the euphoria of their victory as they had refused to accept what they described as paltry bonuses presented by the Sports Minister, Mr. Solomon Dalong. But in a swift reaction by ...

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Senate links SFG’s company to failed contracts at IDP camps, seeks his resignation

The Senate has called for immediate resignation of the Secretary to the Federal Government, Mr. David Babachir over the complicity of his company in the execution of several contracts on the care Nigerians leaving at Internally Displaced Persons (IDPs) camps nationwide. According to the upper chambers, the visuals of malnourished and poorly dressed Nigerians in several IDP camps have suggested ...

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AUN opens contest for 49 scholarship slots to boost education, entrepreneur

The American University of Nigeria will hold scholarships examination nationwide for newly accepted students on Saturday, December 17, 2016. A statement issued by the school authority said a total of 49 scholarships will be offered for winning in 3 categories. The scholarships are for new students joining the university for the 2016/2017 academic session to start classes on January 18, ...

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Finally, FG amends gazette on HPRP to tame oil pollution, gas flaring


The Minister of Environment, Mrs. Amina Mohammed has disclosed that the federal Government has approved a memo for the amendment of the gazette for the establishment of the Hydrocarbon Pollution Restoration Process (HPRP). The amendment would help to put in place all the structures needed for the smooth take off of the Ogoni clean up and the implementation of the ...

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Benue may join Lagos next year to become oil producing state if…


The recent discovery of oil in Benue State has continued to elicit reactions from top government officials in the state. Though experts say the discovery has not confirmed whether it is in commercial quantity like that of Lagos, exploration activities in Benue state may be gradually yielding success as a reasonable quantity of crude oil has been discovered. The deputy ...

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Winners begin to emerge in Airtel’s reloaded Red Hot Promo

airtel logo

In less than one week after Airtel Nigeria, returned for the fourth time, the Red Hot Promo regime, winners of various exciting prizes have emerged from across the country. The Promo is an annual reward initiative and one of Nigeria’s biggest consumer promotion platforms enjoyed by subscribers. Mrs. Kemi Siwoku, 48, who is a trader in Lagos State won N1million, ...

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