archiveJune 2021

President Muhammadu Buhari will launch the assets under the Integrated National Security and Waterways Protection, also known as the Deep Blue Project, in Lagos on June 10. Dr Bashir Jamoh, Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA) said this in a statement on Friday in Lagos. Jamoh said preparatory...

  The National Insurance Commission (NAICOM) has unveiled its 2021-2023 strategic plans for efficient service delivery, protection of trust and confidence in the industry. NAICOM Head, Corporate Strategy and Special Duties Department, Mr Usman Jankara, announced the plan while delivering a lecture at the annual seminar for insurance journalists in...

    Key indicators of the Nigerian Exchange (NGX) closed upbeat on Friday with a growth of 0.46 per cent, amid gains by some blue chips. Specifically, the All-Share Index inched higher by 177.86 points or 0.46 per cent to close at 38,726.10 from 38,548.24 on Thursday. Also, the market...

  The Dangote Sugar Refinery (DSR) says it is making concerted efforts to meet the country’s industrial and households sugar demands. Alhaji Abdulsalam Waya, the DSR Head of Sales and Marketing, Northern Region, made the pledge at a trade briefing and unveiling of a new sugar packaging, in Kaduna. Waya,...

  The Osun Commissioner of Police, Olawale Olokode, has assured students, academia community and residents of Obafemi Awolowo University, Ile-Ife, of adequate security and protection always. In a statement from the state Police Public Relations Officer Yemisi Opalola on Friday, Olokode gave the assurance while playing host to the presidential...

  The Institute of Chartered Accountants of Nigeria (ICAN), says accountants are aiding the rising spate of corruption among public office holders in Nigeria.Dr Benard Alkali, the Chairman of ICAN, Jos chapter and District Society in Plateau, said this shortly after he was sworn-in on Friday in Jos. According to...

Twitter has expressed “deep concern” over the federal government’s decision to suspend its operations in Nigeria. Sarah Hart, Twitter’s Senior Policy Communications Manager for Europe, Middle East and Africa, who made this known in a statement, said the company is investigating the development. “The announcement made by the Nigerian Government...

Lagos State Governor, Mr Babajide Sanwo-Olu, has commended the University of Lagos (UNILAG) management for entrenching the culture of discipline and sustaining the school’s academic excellence. Sanwo-Olu gave the commendation on Thursday, during a courtesy call by members of the Federal Government’s Visitation Panel for UNILAG at the State House,...

  The Federal Government of Nigeria has suspended indefinitely the operations of the microblogging and social networking service, Twitter, in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, made the announcement of the suspension in a statement issued in Abuja on Friday and signed by Mr. Segun Adeyemi,...

By Momodu Abutu Mother nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in water). Beneath the hidden depths of world’s seas ranging from a few hundreds to several thousand feet...