The Nigerian National Petroleum Corporation (NNPC) has extended until June its contracts with private companies to swap crude oil for fuels, Reuters quoted a company spokesman, as saying yesterday. The latest extension is the second extension of the one-year contracts to exchange more than 300,000 barrels per day (bpd) of crude oil with 15... Read More
—————- NCC-regulated telecoms sector, others responsible for Nigeria’s exit from recession – Commission Nigerian Communications Commission, NCC, has said that the telecommunications industry under its watch is one of the sectors whose performance lifted the country out of recession in the fourth quarter of 2020. According to NCC, the sector contributed 12.45 percent to the... Read More
———— “Growing Africa’s digital infrastructure is a key foundation stone in recovering the continent from the global economic devastation of Covid,” says EAIF Investment Director The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) (www.PIDG.org) company, has committed to buy up to US$50,000,000 of a bond issue by Liquid Telecommunications, that is... Read More
Mass testing for secondary pupils as all schools and colleges fully reopen from 8 March Schools and colleges to reopen to all pupils from 8 March with asymptomatic COVID-19 testing in place University students on practical courses to return from 8 March Protective measures across education strengthened, with students in year 7 and above to wear face coverings indoors, including... Read More
Legendary American singer, Stevie Wonder, has hinted at relocating to Ghana permanently to escape racism. He disclosed this during his recent appearance on the Oprah Winfrey series ‘The Oprah Conversation’. According to the hitmaker, he is tired of racial injustice in America and he can’t watch his great-grandchildren beg for respect and value. “I want... Read More
Justice Muslim Sule Hassan of the Federal High Court in Lagos has set aside an ex-parte order freezing the bank accounts of a member of the Board of the Nigerian Communications Commission (NCC), Mr. Clement Omeiza Baiye and two others companies, Verity Communications Limited and Verity Associates Limited. The suit was formerly before Justice... Read More
The tranquility that characterises Nassau Village in the Federal Capital Territory, Abuja, was on Sunday disturbed when a jet belonging to the Nigerian Air Force crash landed in the area. Noise from aircraft is not strange to residents of the village, being one of the settlements that bordered the Nnamdi Azikwe International Airport. ... Read More
Lagos State Governor, Mr Babajide Sanwo-Olu, has commiserated with the Federal Government and the Nigerian Air Force (NAF) over the crash of Nigerian Air Force Beechcraft King Air B350 aircraft, a military aircraft, in Abuja on Sunday. The Governor also commiserated with families, friends and associates of the victims of the unfortunate crash. Sanwo-Olu... Read More
ASSASSINS TARGET OKOROCHA, UCHE NWOSU IN IMO Some gunmen suspected to be assassins have attacked the convoy of former Imo State governor and now Senator, Owelle Rochas Okorocha. Also attacked is the Senator’s ally and governorship candidate, Ugwumba Uche Nwosu. The duo and some of their supporters were reportedly accosted by the hoodlums... Read More
—————– NDLEA uncovers cannabis warehouse in Rivers, seizes 621kg of illicit drugs The National Drug Law Enforcement Agency, NDLEA, has uncovered a warehouse of compressed cannabis sativa in Abuja Estate of Port Harcourt metropolis, Rivers State. Based on a tip off, officers of the Agency stormed the cannabis warehouse in the early hours... Read More