archive2018

The Nigerian National Petroleum Corporation (NNPC)o Tuesday said it lost over $800 million revenue to all the stakeholders owing to breaches of contracts of its old regime. It  said this year, it lost over 60 days of production due to incessant breaches on the Trans Forcados Pipeline (TFP) despite having...

The Nigerian Communications Commission (NCC) has suspended the allocation of frequency spectrums that are likely to be approved by the International Telecommunications Union for 5G network services. Executive Vice- Chairman at NCC, Prof Umar Danbatta, disclosed this at a Stakeholders Consultative Forum in Abuja on Tuesday. Danbatta was represented at...

The Central Bank of Nigeria (CBN) has said it will partner with the Economic and Financial Crimes Commission (EFCC) to expose and sanction institutions that work against its foreign exchange policy on stimulating domestic production. This is according to the CBN Governor, Godwin Emefiele, as contained in a statement apex...

  The Joint Admissions and Matriculation Board (JAMB) has said it would not be selling registration forms for the Unified Tertiary Matriculation Examination (UTME) until January 2019. The spokesperson of the board, Mr Fabian Benjamin has disclosed. He said the board had dropped the idea of starting the sale of...

Ayangburen of Ikorodu, Oba Kabiru Shotobi has assured Mr. Babajide Sanwo-Olu, the All Progressives Congress Governorship candidate and his running mate, Dr. Obafemi Hamzat that the people of Ikorodu will not betray them in their quest for the leadership of Lagos State. The monarch whose people welcomed Sanwo-Olu and his...

The United Nations (UN) has launched a global humanitarian appeal of $25 billion to provide support to no less than 93 million people in need of humanitarian assistance in Nigeria and other countries in 2019. Speaking at the launch of a major annual analysis of global humanitarian needs in Geneva,...

The Nigerian Stock Exchange is set to host the 2018 edition of Exchange Traded Products (ETPs) conference tagged - Exchange Traded Products: Evolving investment themes, Accessing New Markets and Enhancing Portfolio Alpha. The event is scheduled for December 5, 2018 at Oriental Hotel, Lekki Road - Lagos. The conference will...

United States Ambassador to Nigeria, Mr. Stuart Symington, on Tuesday called on Nigerians to give themselves credible elections in 2019 by avoiding acrimony and standing against electoral malpractices. Symington made the call at the Peace and Security Network (PSN) Quarterly Roundtable with the theme, “Towards 2019 Elections in Nigeria: Securitisation...

  Two key US Republican senators said they have “zero” doubt Saudi Arabia’s crown prince directed the murder of the journalist Jamal Khashoggi. The Senators came to the conclusion after they were briefed by the CIA director Tuesday. The explosive new declarations by members of President Donald Trump’s party run...

  The meeting between the Federal Government and the Academic Staff Union of Universities (ASUU) ended without any conclusion on Tuesday. Prof. Biodun Ogunyemi, ASUU National President, while speaking with newsmen at the end of the closed door meeting in Abuja noted that negotiations were still ongoing. He said both...