archiveNovember 2017

  Organisation of Petroleum Exporting Countries (OPEC)  will debate this week whether to cap oil output from Nigeria and Libya, which have so far been excluded from supply curbs due to falling production amid unrest, two sources with knowledge of the matter said on Wednesday. Sources told Reuters. The 14-member...

  Socio-Economic Rights and Accountability Project (SERAP) has tasked President Muhammadu Buhari to “seize the opportunity presented by the on-going European Union-African Union summit in Abidjan, Côte d’Ivoire to push for a joint EU-AU international commission of inquiry to investigate allegations of slave auction in Libya, especially given the appalling...

  The Bayelsa state government has described as erroneous the impression being peddled in public domain that it was owing workers salaries of between 10 to 16 months. While describing the people behind the falsehood as faceless interests, the government said the report "which has been debunked and indeed retracted...

President/CE, Dangote Geoup, Aliko Dangote has been described as the 'Pride of the Black Race'. Governor of Kano State, Dr. Umar Ganduje, who was speaking at Dangote Special Day at the ongoing 38th Kano International Trade Fair in Kano on Monday, said Nigeria is lucky to be blessed with someone...

The Managing Director of the Nigerian National Petroleum Corporation (NNPC) Retail Limited, Mr Yemi Adetunji, on Tuesday disclosed that the downstream retail subsidiary of the corporation has set its sights on taking and satisfying about 15 per cent of Nigeria’s downstream petroleum market share in the next one year. Adetunji...

President Muhammadu Buhari on Tuesday launched a new policy framework and national action plan for the prevention and combat of terrorism in the co country. Developed by the Office of the National Security Adviser (ONSA) in compliance with a 2015 presidential directive, it is the latest initiative in government‘s effort...

    The Central Bank of Nigeria (CBN) on Tuesday injected $210 million to boost liquidity in the inter-bank foreign exchange market. Acting Director, Corporate Communications Department, CBN, Mr Isaac Okorafor said $100million of the amount was offered to the wholesale segment, while the Small and Medium Enterprises (SMEs) segment...

Investors on The Nigerian Stock Exchange (NSE) on Tuesday gained N89 billion from the gains recorded by some highly capitalised equities. The market capitalisation which opened at N12.97 trillion rose by N89 billion or 0.69 per cent to close at N13.06 trillion. Also, All-Share Index increased by 252.95 points or...

*Showcases Nigeria’s adherence to rule of law at Kenyatta’s second-term inauguration Vice President Yemi Osinbajo (SAN) who spoke with reporters earlier Tuesday at the swearing-in ceremony of Kenya’s President Uhuru Kenyatta, which was attended by several African leaders advised African leaders to shun divisive policies. On issues raised by President...

The National Association of Nigerian Students (NANS) on Tuesday called on security agencies to commence prosecution of the persons behind the killing of some of its members during its convention held in Bayelsa State. The association also expressed its condolence with the family of Elvis Magam, a 300 level student...