Unregulated illegal mining major cause of bloody gold deals in Zamfara—BHIU
…Buyers largely foreign mafias who arm fronting bandits A scenario gradually assuming the shape of how the Rwandan genocide started via fight for blood diamond is underway in the Zamfaran unregulated, illegal and largely informal blood gold mining enterprises. Recall…
Zenith Bank’s Amangbo handovers to incoming Ebenezer Onyeagwu June 1
In a terse notice sent to the Nigerian Stock Exchange (NSE) on Monday, Zenith Bank Plc has appointed Mr Ebenezer Onyeagwu as its new Managing Director and Chief Executive Officer to replace retiring Peter Amanbgo effective June 1. While noting…
M-Naira App to deepen easy Diaspora remittances in Nigeria, others—Co-founder
Co-founder & Business Development Manager, BeepTool CIS Limited, developers of M-naira App, Mayowa Ihinmikaiye, has opened up on the advantages coming with the money transfer platform, saying Nigerians in Diaspora will now have more seamless way to send home their…
Nigeria closes in on achieving 60% Internet traffic by 2021
With the feat of 40 per cent success in localizing internet traffic achieved in 2018, strong indication has emerged that Nigeria is heading to 60 per cent come 2021, that is next two years. In an interview, the Chief Executive…
Intimidating new Peugeot Pickup steals show at KADINVEST 4.0
Management of resilient Peugeot Assemby of Nigeria (PAN), Kaduna gave its new product, Peugeot Pickup a rousing emphasis at the just concluded 4th edition of the Kaduna Economic and Investment Summit (KadInvest), as the product became a star attraction to…
Ghanaian informal sector employs 98%, formal sector 2% in 2018—NEIP
The Director for Business Support at the Ghanaian National Entrepreneurship Innovative Plan (NEIP), Mr Franklin Owusu Karikari, has disclosed that out of about 250,000 citizens that enter labour market yearly, 98 per cent targets the informal sector or underemployed leaving…
Awarding oil blocks to political allies creates rooms for idle blocks—Bala Zaka
Leading oil and gas analyst and Petroleum Engineer, Dr Bala Zaka has opened up on the reasons behind growing number of idle oil blocks within the nation’s oil producing regions at a time oil prices are going up and Nigeria…
FAAN begins inquest over electric spark ignited inferno at SMICA
Record breaking fastest inquiry into any airport related incident has emerged following the announcement of investigations into the fire incident that occurred at the Same Mbakwe International Cargo Airport (SMICA) in Owerri, the Imo State capital by the Federal Airport…
Experts to review Nigeria’s energy security at SPE OLEF 2019 in Abuja
…NGFCP boss to lead panel discussion As build up to the 2019 SPE Conference deepens, the Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP), Mr. Justice Derefaka will be there as a discussant/panelist on the theme: “Energy Security and Sustainable…
Customs Zone C Owerri routs car smugglers, impounds exotic machines
In line with its strategic surveillance and anti-smuggling dexterity, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’ has continued to record daily success in her anti-smuggling operations in the South South and South East geopolitical zone. This…
