Ad
The World Bank Group has stated that the international financial institution is ready to support Nigeria in phasing out regressive fuel subsidies, while increasing social assistance for the poor. The World Bank Group’s President, David Malpass disclosed this in a statement following his meeting with the Vice-President Yemi Osinbajo. Malpass further advised the Vice-President that…
September 2, 2022
The Nigerian Navy has arrested over 13 crew members and one fishing trawler over illegal fishing in Bayelsa State, South-South Nigeria. The crew members and the trawler, MFV LADY TERESA, were apprehended on August 18, by Naval operatives with the Forward Operating Base in Bayelsa and handed over to the Federal Department of Fisheries and…
September 2, 2022
United Arab Emirates (UAE) carrier -- Emirates Airline has rescinded its decision to suspend its Nigerian routes' operations from September 1, 2022, following its trapped funds, which is estimated to be around $85 million. The airline said in an email to travel agencies in Nigeria, that it would return to the Nigerian routes: Lagos and…
September 1, 2022
..Including The Net-zero Emissions Plan Faulted By Climate Activists To Meet US VP, Kamala Harris Vice President Yemi Osinbajo early Wednesday jetted out of Abuja to the United States of America, alongside members of his high-level delegation in pursuit of global partnerships and support for Nigeria’s recently launched Energy Transition Plan. Prof. Osinbajo is leading…
August 31, 2022
Attempts by Conoil Producing PLC to start drilling in Warri North Local Government Area of Delta State, has been impeded as Egbema host communities have barricaded Company, seeking for negotiation and agreement before commencing operation. This is coming on the heel of the Council chairman, Hon. Smart Asekutu's frantic effort to seek for peaceful settlement…
August 29, 2022
The Debt Management Office says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General, Patience Oniha made the declaration in Abuja on Wednesday when she spoke with the News Agency of Nigeria. Oniha said: “How much revenue is Nigeria generating? “Statistics show that relative to other countries, Nigeria’s revenue…
August 25, 2022
The fortune of Nigerian banking tycoon Tony Elumelu took a massive dent of N4.4bn ($10.4m) in 27 weeks following a decline in the market value of his stake in the United Bank for Africa (UBA). In the first six weeks of 2022, the banking Czar recorded more than $4.5 million before his stakes in the…
August 22, 2022
Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas to keep 600 tons of zinc worth 2.5 million euros ($2.5 million) in a molten state every day. The metal will harden otherwise, wrecking the tank where steel parts are…
August 21, 2022
The National Broadcasting Commission (NBC), has extended the withdrawal notice given to the 52 broadcast stations to renew their operating licenses by three (3) days, following the intervention of the Nigerian chapter of the International Press Institute, (IPI). IPI Nigeria President, Musikilu Mojeed, in a statement, Saturday, disclosed the new development. According to him, “We…
August 20, 2022
Advert
Ad
The World Bank Group has stated that the international financial institution is ready to support Nigeria in phasing out regressive fuel subsidies, while increasing social assistance for the poor. The World Bank Group’s President, David Malpass disclosed this in a statement following his meeting with the Vice-President Yemi Osinbajo. Malpass further advised the Vice-President that…
September 2, 2022
The Nigerian Navy has arrested over 13 crew members and one fishing trawler over illegal fishing in Bayelsa State, South-South Nigeria. The crew members and the trawler, MFV LADY TERESA, were apprehended on August 18, by Naval operatives with the Forward Operating Base in Bayelsa and handed over to the Federal Department of Fisheries and…
September 2, 2022
United Arab Emirates (UAE) carrier -- Emirates Airline has rescinded its decision to suspend its Nigerian routes' operations from September 1, 2022, following its trapped funds, which is estimated to be around $85 million. The airline said in an email to travel agencies in Nigeria, that it would return to the Nigerian routes: Lagos and…
September 1, 2022
..Including The Net-zero Emissions Plan Faulted By Climate Activists To Meet US VP, Kamala Harris Vice President Yemi Osinbajo early Wednesday jetted out of Abuja to the United States of America, alongside members of his high-level delegation in pursuit of global partnerships and support for Nigeria’s recently launched Energy Transition Plan. Prof. Osinbajo is leading…
August 31, 2022
Attempts by Conoil Producing PLC to start drilling in Warri North Local Government Area of Delta State, has been impeded as Egbema host communities have barricaded Company, seeking for negotiation and agreement before commencing operation. This is coming on the heel of the Council chairman, Hon. Smart Asekutu's frantic effort to seek for peaceful settlement…
August 29, 2022
The Debt Management Office says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General, Patience Oniha made the declaration in Abuja on Wednesday when she spoke with the News Agency of Nigeria. Oniha said: “How much revenue is Nigeria generating? “Statistics show that relative to other countries, Nigeria’s revenue…
August 25, 2022
The fortune of Nigerian banking tycoon Tony Elumelu took a massive dent of N4.4bn ($10.4m) in 27 weeks following a decline in the market value of his stake in the United Bank for Africa (UBA). In the first six weeks of 2022, the banking Czar recorded more than $4.5 million before his stakes in the…
August 22, 2022
Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas to keep 600 tons of zinc worth 2.5 million euros ($2.5 million) in a molten state every day. The metal will harden otherwise, wrecking the tank where steel parts are…
August 21, 2022
The National Broadcasting Commission (NBC), has extended the withdrawal notice given to the 52 broadcast stations to renew their operating licenses by three (3) days, following the intervention of the Nigerian chapter of the International Press Institute, (IPI). IPI Nigeria President, Musikilu Mojeed, in a statement, Saturday, disclosed the new development. According to him, “We…
August 20, 2022
