archiveJuly 9, 2020

Electricity Distribution Companies (Discos) on Thursday called for a massive meter rollout project to be funded by the Central Bank of Nigeria (CBN) so that customers are adequately served before the full take-off of the proposed Service Reflective Tariff (SRT) scheduled for the first quarter of next year. The umbrella...

Vice-President Yemi Osinbajo has written a petition to the Inspector-General of Police, Mohammed Adamu, demanding the probe of a blogger, Jackson Ude, who is also the publisher of an online medium, Point Blank News. The petition dated July 8, 2020 titled, ‘Criminal Defamation of the Vice-President of the Federal Republic...

The Niger Delta Development Commission (NDDC) paid N1.5 billion as COVID-19 pandemic relief allowance to its 1,269 workers between February and May this year. Chairman of the Senate Ad-hoc Committee on investigation of the alleged financial recklessness in the NDDC, Senator Olubunmi Adetunmbi, who made the disclosure at a public...

U.S. President Donald Trump’s decision to officially quit the World Health Organisation (WHO) has sparked outrage among U.S. lawmakers, raising concerns over the ongoing global fight against the coronavirus pandemic. “To call Trump’s response to COVID-9 chaotic and incoherent doesn’t do it justice. “This won’t protect American lives or interests...

The former U.S. police officer charged in the death of George Floyd told him to stop shouting and save his breath as he knelt on his neck and Floyd gasped for air, according to a newly released transcript of police body camera footage. The death of Floyd, a Black man,...

A former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has told an Abuja Federal High Court that the cash the Economic and Financial Crimes Commission (EFCC) seized from him, were gifts he received after he left office. In February 2017, the EFCC recovered $9.7 million...

By Olukayode Kolawole E-commerce platforms have proven to be critical enablers of economic growth and social development for Nigeria in spite of the myriad challenges occasioned by the tough operating environment. A key player, Jumia is fostering cashless and financial inclusion by encouraging Nigerians to move from brick-and-mortar malls to...

The Federal Government on Wednesday said about 600 companies have applied to be pre-qualified for the ongoing bid rounds of 57 marginal oil fields. The Director/CEO, Department of Petroleum Resources (DPR), Sarki Auwalu, during the fourth Webinar series organised by the Nigerian Association of Petroleum Explorationists (NAPE), themed; “Nigerian Marginal...

Ivory Coast’s Prime Minister Amadou Gon Coulibaly has died after falling ill at a ministerial meeting. The 61-year-old had been chosen as the ruling party’s candidate for October’s presidential election, after Alassane Ouattara said he would not seek a third term in office. Gon Coulibaly had only just returned from...