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Jeff Bezos, the American business magnate, who is founder and chief executive officer (CEO) of one of the world’s largest technological organisations Amazon, will step down from the top position on Monday. The chief of Amazon Web Services, Andy Jassy, will become the new CEO. However, Bezos, 57, will retain a crucial role as the…
July 5, 2021
The federal government has expressed readiness to enter into a partnership with the Delta State government with a bid to identify potential products and services available in the South-south state that could be explored and developed for export under the African Continental Free Trade Area Agreement (AfCFTA). The Minister of Industry, Trade and Investment, Mr.…
July 2, 2021
Lawan: ‘Demon’ Behind Non-passage Finally Defeated The Nigerian Senate has allocated 30 per cent of accruing profit from Nigerian National Petroleum Corporation (NNPC) to the aggressive pursuit of oil exploration in Northern Nigeria in the Petroleum Industry Bill (PIB) passed on Thursday after about two decades of stalling. The 30 per cent funding mechanism approved…
July 2, 2021
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced that a new Revenue Allocation Formula (RAF) will be ready for implementation before the end of 2021. RMAFC stated that the review of the RAF has been concluded. This disclosure was made in a statement issued on Monday. Many Nigerians have been calling for a revised…
June 29, 2021
President Says Threat Unnecessary After His Meeting With N'Delta Leaders Avengers Appoint First Female Field Commander To lead “Operation Humble Economy” Threaten Clampdown on Politicians colluding With FG to Undermine Region Akpabio’s Submission Of Forensic Report Remains Uncertain -- Leaders President Muhammadu Buhari on Sunday responded to the threat by the Niger Delta Avengers (NDA),…
June 28, 2021
Re-emphasizes Need for IOCs to relocate headquarters to Niger Delta Exactly three working days to June end deadline given by the National Assembly to pass the age-long Petroleum Industry Bill, (PIB) to law, the Host Communities of Nigeria, oil and gas, (HOSCON) has reminded the lawmakers on the need to ensure that their demand for…
June 26, 2021
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday, arraigned one Mr Andrew Warri before Justice Sherifah Solebo of the Special Offences Court sitting in Ikeja, Lagos. Warri, who was arrested at the Lagos Airport, was arraigned on a seven count charge bordering on stealing, obtaining by false pretence, issuance…
June 26, 2021
The Federal Government, on Thursday disclosed that the Murtala Muhammed Airport (MMA), Lagos, the Nnamdi Azikiwe International Airport, Abuja; Malam Aminu Kano Airport, Kano and Port Harcourt International Airport, Rivers state, will be concessioned by August. The Minister of Aviation, Hadi Sirika, while speaking at an Airport Business Summit and Expo which held in Lagos, revealed that…
June 25, 2021
President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has received the highest civilian honour in Cameroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya. According to President Paul Biya, the landmark honour was conferred on Dangote in recognition of his efforts ininfrastructural development of Cameroon…
June 25, 2021
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Jeff Bezos, the American business magnate, who is founder and chief executive officer (CEO) of one of the world’s largest technological organisations Amazon, will step down from the top position on Monday. The chief of Amazon Web Services, Andy Jassy, will become the new CEO. However, Bezos, 57, will retain a crucial role as the…
July 5, 2021
The federal government has expressed readiness to enter into a partnership with the Delta State government with a bid to identify potential products and services available in the South-south state that could be explored and developed for export under the African Continental Free Trade Area Agreement (AfCFTA). The Minister of Industry, Trade and Investment, Mr.…
July 2, 2021
Lawan: ‘Demon’ Behind Non-passage Finally Defeated The Nigerian Senate has allocated 30 per cent of accruing profit from Nigerian National Petroleum Corporation (NNPC) to the aggressive pursuit of oil exploration in Northern Nigeria in the Petroleum Industry Bill (PIB) passed on Thursday after about two decades of stalling. The 30 per cent funding mechanism approved…
July 2, 2021
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced that a new Revenue Allocation Formula (RAF) will be ready for implementation before the end of 2021. RMAFC stated that the review of the RAF has been concluded. This disclosure was made in a statement issued on Monday. Many Nigerians have been calling for a revised…
June 29, 2021
President Says Threat Unnecessary After His Meeting With N'Delta Leaders Avengers Appoint First Female Field Commander To lead “Operation Humble Economy” Threaten Clampdown on Politicians colluding With FG to Undermine Region Akpabio’s Submission Of Forensic Report Remains Uncertain -- Leaders President Muhammadu Buhari on Sunday responded to the threat by the Niger Delta Avengers (NDA),…
June 28, 2021
Re-emphasizes Need for IOCs to relocate headquarters to Niger Delta Exactly three working days to June end deadline given by the National Assembly to pass the age-long Petroleum Industry Bill, (PIB) to law, the Host Communities of Nigeria, oil and gas, (HOSCON) has reminded the lawmakers on the need to ensure that their demand for…
June 26, 2021
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday, arraigned one Mr Andrew Warri before Justice Sherifah Solebo of the Special Offences Court sitting in Ikeja, Lagos. Warri, who was arrested at the Lagos Airport, was arraigned on a seven count charge bordering on stealing, obtaining by false pretence, issuance…
June 26, 2021
The Federal Government, on Thursday disclosed that the Murtala Muhammed Airport (MMA), Lagos, the Nnamdi Azikiwe International Airport, Abuja; Malam Aminu Kano Airport, Kano and Port Harcourt International Airport, Rivers state, will be concessioned by August. The Minister of Aviation, Hadi Sirika, while speaking at an Airport Business Summit and Expo which held in Lagos, revealed that…
June 25, 2021
President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has received the highest civilian honour in Cameroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya. According to President Paul Biya, the landmark honour was conferred on Dangote in recognition of his efforts ininfrastructural development of Cameroon…
June 25, 2021
