Fears of crude oil price fall heighten as Nigeria, US, Libya’s outputs rise
The observed stability of light sweet crude in hitherto volatile Nigeria and Libya oil communities, plus stable US Shale explorations are becoming serious threats to global oil price which steadied at over $50 recently. The increase according to the US…
Now, ritualists’ dens on highway drainages worst threat to road transport
After Tuesday’s discovery, another suspected kidnappers’ den, was on Thursday, bumped upon at Ile-Zik on the Lagos/Abeokuta Expressway, very close Ikeja, by the operatives of Rapid Response Squad (RRS). Whereas the security operatives reportedly found human parts concealed in some…
NPA begins collaboration with women business groups for national growth
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has begun strategic partnerships with women professional groups on manpower for national development. First move to the new deal was made when she received the visiting Executive Members of…
Stop asking rent from road contractors, Ikpeazu warns communities, Abia youths
Abia State government on Thursday issued a stern warning to community youths who invade contracting companies working for government in the provision of infrastructures in any part of the state. Addressing communities in the state on the progress made so…
Come 2018, applicants for new passport, permit renewal must have NIN
In line with the growing awareness for the National Identity Number (NIN), driven by the National Identity Management Commission (NIMC), from January next year, applicants without NIN will not access international passport (IPP). The announcement was renewed during a recent…
Angola begins installation of first direct subsea link between Africa, S’America
Angola is set to overtake Nigeria in growing the advantage of subsea data cable from abroad as it flagged off on Wednesday, the South Atlantic Cable System (SACS) at an official launch in Sangano. Before now, over five subsea cables…
StarTimes struggling for DSO market share, introduces Digital TV sets
Pioneer Digital Switch Over (DSO) driver in Nigeria, StarTimes has introduced digital television sets at a lower price to wrestle slipping market share from peers The pay TV Company said it is committed to new innovations and technologies that enhance…
EFCC may change direction to CCB against Diezani over asset declaration
An indication is emerging that instead of approaching a Federal High Court in the pursuit of alleged looted funds and assets by the Economic and Financial Crimes Commission (EFCC), against the former Minister of Petroleum Resources, Mrs. Diezani Madueke, it…
TSA: Court strikes out FG’s suit against 7 banks on out of court deal
…Awards N1.2m costs to banks A Federal High Court on Wednesday in Lagos struck out a suit filed by the Federal Government seeking to recover 793.2 million dollars allegedly kept by seven commercial banks in violation of the Treasury Single…
Benin, Niger Rep risk darkness as NBET, TCN demand N35.4bn power bill arrears
Neighbouring countries of Benin and Niger Republic are currently at the mercy of the Nigerian Bulk Electricity Trading (NBET) Plc and the Transmission Company of Nigeria (TCN) and risk their steady power supply from Nigeria being cut off any time…
