archive2018

The Nigerian National Petroleum Corporation (NNPC) has stated that it could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP recently. This is coming as the news of the waivers granted by the United States to eight countries to buy Iranian oil for a while helped...

  The Central Bank of Nigeria (CBN) has revealed that it received and resolved a total of 3,890 complaints against banks and other financial institutions in the first six months of this year. The data is contained in the half-year economic report for 2018 released by the apex bank revealed...

  Seeks radical approach to peace   I join the Government and good people of Kaduna State (my state) as it extends its heartfelt condolences to the family and good people of Adara Chiefdom over the abduction and killing of the paramount traditional ruler, Dr. Maiwada Galadima, the communal violence...

The Lagos Chamber of Commerce and Industry has appealed to the Federal Government and the Organised Labour to reach a mutual understanding to avert the proposed workers strike scheduled for November 6. The Director-General of LCCI, Mr Muda Yusuf, made the appeal in an interview with the News Agency of...

Skyways Aviation Handling Company (SAHCO) Plc on Monday launched an Initial Public Offering for sale of N406, 074, 000 worth of shares effective November 12, 2018. The shareholders of the company have agreed to divest 49 per cent equity to the public in line with the share purchase agreement it...

President Muhammadu Buhari on Monday reassured Nigerians that his administration would sustain massive investments to upgrade and develop the country’s transport and power infrastructure. He gave this assurance when he received members of the Association of Retired Career Ambassadors of Nigeria (ARCAN) led by Oladapo Fafowora, at the State House,...

President Muhammadu Buhari’s Special Adviser on Media and Publicity, Mr.Femi Adesina has said that President Buhari will win the 2019 election by a wide margin. Adesina who  made the declaration while featuring on Channels Television programme on Monday described the 2019 Presidential election as a contest between ‘light and darkness’,...

The Nigerian equities market started the week on a negative note, as the benchmark index, All-Share Index dropped by 0.42 per cent to 32,048.18 points, with investors booking profit across sectors. AS a result, the Month-to-Date and Year-to-Date losses increased to 1.29 per cent and 16.20 per cent respectively. Most...

  A High court in Kano State has stopped Kano Assembly from probing alleged $5 million bribery against the state’s governor Abdullahi Ganduje. The presiding judge, Justice A.T. Badamasi gave the order on Monday while ruling on an ex-parte application by one Muhammad Zubair, the National Coordinator of Lawyers for...

The Senate has made known intention to probe the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, when it resumes from its recess over the alleged diversion of N378 billion dividends from the Nigerian Liquefied Natural Gas (NLNG), to defray the cost of under-recovery in the...