archiveJuly 2021

The Nigerian Communications Commission (NCC) said it generated over N150 billion from spectrum license fees revenue source within the first five months of the year. The Commission in a statement said the figure represents over 400 per cent increase in revenue budget performance in respect of spectrum fees generated by...

The Federal Executive Council (FEC) has approved N16,041,101,334.79 billion for erosion control projects in 12 states and the Federal Capital Territory (FCT). Special Adviser to the President on Media and Publicity, Mr Femi Adesina, disclosed this to State House correspondents at the end of the weekly FEC meeting presided over...

  Transactions on the Nigerian stock market extended gaining streak on Wednesday with the market capitalisation improving further by N44 billion on sustained bargain hunting.The positive performance was impacted by investors’ bargain hunting sentiments across all the major sectors, led by the insurance and the banking sectors. Specifically, the market...

  Two senior staff in the Office of the Accountant General of the Federation (AGF), Alhaji Ahmed Idris, were among the four persons arraigned by the Federal Government on Wednesday over their alleged involvement in human trafficking. The Chief Accountant on Grade Level 14 in the Office of the AGF,...

The Director General, Science and Equipment Development Institute (SEDI), Prof. Samuel Ndubisi, has been assassinated in Enugu by unidentified gunmen. This is coming barely 48 hours after the Managing Director and Chief Executive Officer of AutoEase Service Limited, Ifeanyi Okeke, was also assassinated by yet-to-be-identified gunmen in the presence of...

 Human rights activist and President of  Women Arise, Dr Joe Okei-Odumakin, says death of billionaire businessman and politician, Chief MKO Abiola, 23 years ago is a matter of lifelong regret.Abiola, the winner of the annulled June 12, 1993 Presidential Election, died on July 7, 1998, while in detention following his...

The Nigerian National Petroleum Corporation (NNPC) has expressed optimism that the country would soon find a solution to the challenges of energy transition in the country. Chief Operating Officer (COO), Upstream, NNPC, Mr Adokiye Tombomieye said this on the sidelines of the ongoing Nigeria Oil and Gas (NOG) Conference in...

 The Federal Executive Council has approved N7.2 billion for emergency repairs on 32 federal roads in Lagos State. The Minister of Works and Housing, Babatunde Fashola, said this at the end of the Council meeting, presided over by President Muhammadu Buhari at the Presidential Villa, Abuja, on Wednesday. According to...

  Dr Alex Irune, Chief Operating Officer, Oando Energy Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several partnership opportunities for indigenous oil and gas companies.Irune made the assertion during a panel session at the ongoing Nigeria Oil and Gas (NOG) conference and exhibition on Wednesday...

Haitian President Jovenel Moise and the his wife, Martine, have been assassinated at his private residence by yet to be identified gunmen, the interim prime minister Claude Joseph, said on Wednesday. “At about 1:00 a.m. on Wednesday, a group of unknown individuals, some of whom spoke Spanish, attacked the president’s...