Ibeju Lekki youths protest against FG’s lockdown, restrictions
…Set trucks, vehicles ablaze Even as the federal government vide latest presidential broadcast has shown strong indications, that lockdown may begin to relax from May 4. There were serious protests in Ibeju-Lekki axis of Lagos State on Monday as irate…
Nigeria and Oil: Looking beyond price collapse towards post recovery savings (Part 2)
By Austin Okere On April 20, 2020 the screaming headlines on CNN was that the price of WTI crude oil had fallen by 306% to $-37.63 per barrel, the first time on record that oil price has hit negative territory….
Heritage Bank joins WHO to advocate elimination of malaria endemic by 2030
Heritage Bank Plc has joined the world to commemorate the 2020 World Malaria Day, amid fears that paying much emphasis on the novel Coronavirus Pandemic could reinforce progress on the mosquito-borne disease, especially in Africa. The theme of the World…
COVID-19: e-Commerce needs more support from Govt
At a time when global players in the e-commerce sector have seen the peculiarities of their operations come to the fore in helping governments and people in other climes observe social distancing and stay in supply of essential items without…
Q1: UBA records 8.5% growth in profitability
UBA PLC recently released its audited Q1-20 unaudited numbers, which showed that the bank recorded an 8.5% y/y growth in profitability in the first quarter of the year. We like that the bank recorded decent growth in interest and non-interest…
Grant amnesty to looters, use recovered funds to revive economy, Okakpu tells FG
An aviation expert and agro-export enthusiast, Captain John T Okpakpu, has again has canvassed for amnesty to treasury looters by the Federal Government, as means to repatriate looted funds lodged in several banks overseas. The Managing Director/Chief Executive Officer of…
Nigeria and Oil: Looking beyond price collapse towards post recovery savings(Part 1)
By Austin Okere On April 20, 2020 the screaming headlines on CNN was that the price of WTI crude oil had fallen by 306% to $-37.63 per barrel, the first time on record that oil price has hit negative territory….
NNPC, Chevron share COVID-19 palliatives in Kano
The Minister of State for Petroleum Resources, *Chief Timipre Sylva* on Saturday, led the Nigerian National Petroleum Corporation and its partners – Chevron Nigeria Limited (in the Upstream) and Bovas & Company Limited (in the Downstream) to distribute medical consumables,…
Konga, Unilever seals deal on products delivery
Foremost composite e-commerce giant, Konga has inked a partnership with top Fast Moving Consumer Goods (FMCG) manufacturer, Unilever which will see the wide range of products on the brand’s stable placed at the reach of shoppers across the country. Indeed,…
NIMASA Investigates Cause of Dead Fish along Niger Delta Coastline
The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a scientific inquiry to identify the cause of the recent shoals of dead fish washed ashore along the Niger Delta coastline states of Akwa Ibom, Bayelsa, Cross River, Delta, and…
