archiveJuly 24, 2019

The Academic Staff Union of Universities (ASUU) and the Nigeria Employers’ Consultative Association (NECA) have rejected the list of ministerial nominees submitted to the Senate by President Muhammadu Buhari on Tuesday, describing it as lacking innovation. ASUU, while reacting to the list through its President Prof. Biodun Ogunyemi, noted that...

The Senate on Tuesday resolved to invite the Minister (and Minister of State) for Petroleum Resources and Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kolo Kyari, over the status of refineries in the country. The Senate mandated its Petroleum Committee (Downstream and Upstream) when constituted, to...

        The United States Government on Tuesday said it has imposed visa restrictions on some Nigerian politicians, which it said undermined Nigerian democracy. It, however, did not name who the politicians were, their parties and specific offences. “The Secretary of State is imposing visa restrictions on Nigerians...

The International Monetary Fund (IMF) has raised the growth forecast of Nigeria's economy for the 2019 financial year by 0.3 per cent to 2.3 per cent. It disclosed this in its July update on the World Economic Outlook with the theme, 'Sluggish global growth call for supportive policies 'released on...

The Nigerian National Petroleum Corporation (NNPC) has signed a $3.15 billion financing and technical services agreement with Sterling Oil Exploration and Energy Production Company Limited (SEEPCO). The agreement which was signed on Tuesday through its subsidiary, Nigerian Petroleum Development Company (NPDC), involves the development of Oil Mining Lease (OML) 13....

Zenith Bank Plc has restated commitment to championing the cause of enabling individuals and businesses to grow wealth across its area of operation. Speaking during the unveiling of Style by Zenith 2.0 in Lagos, its Executive Director, Dr. Temitope Fasoranti, said banking meant going the extra mile in the lives...