Featured

world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

FG Says No Resources To Continue To Fund Oil Industry

Nigeria government Thursday, stated that the country no longer have the resources to fund the country’s oil and gas industry, and is therefore, considering and developing new models of financing for the industry in the days ahead. Speaking during a town hall meeting in Abuja, the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, […]

Read More

Singapore Seizes Shipment Of Elephant Tusks, Pangolin Scales From Nigeria

The Agri-Food and Veterinary Authority of Singapore (AVA) and Singapore Customs intercepted an air shipment of illegal ivory and pangolin scales in boxes labelled “synthetic wigs from Nigeria” The AVA and Customs disclosed in a joint news release on Thursday that the scales worth an estimated 1.3 million Singapore dollars were impounded at Changi Airfreight […]

Read More

Ijaw, Itsekiri Leaders Threaten To Shut Down Shell Operations

Agrrived Ijaw and Itsekiri ethnic groups in Delta State have vowed to shut down all Shell Petroleum Development Company, SPDC, operations in their land, if the Anglo-Dutch oil company fails to comply with the agreement reached with them some time ago. Addressing newsmen, yesterday in Warri, the people, under the aegis of their Forum also […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Gov. Ambode Submit N662.58bn Budget Proposal For 2016

Governor Akinwunmi Ambode of Lagos State on Thursday presented a 2016 budget proposal of N662.58 billion to the Lagos State House of Assembly for approval. Ambode, who tagged the budget “The People’s Budget”, said that it would promote massive investment in security, transport/traffic management, physical and social infrastructural development as well as enhance job creation. […]

Read More

Happy 73rd Birthday To President Muhammadu Buhari – NewStage

Senate President Bukola Saraki The Senate president Bukola Saraki has paid tribute to President Muhammadu Buhari on his 73rd birthday. His words: “On behalf of my colleagues in the Nigeria Senate, I felicitate with President Muhammadu Buhari on occasion of his birthday. We pray for strength and wisdom to steer Nigeria.” Senator Shehu Sani Senator […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

‘I’m Not Above God’ – Ooni of Ife

The Ooni of Ife, Ooni’risa & Arole Oodua, Oba Adeyeye Enitan Ogunwusi (OjajaII), has said that it is sacrilegious for anyone to equate him with God, stating that “no king on earth is above God”. Reacting to reports where he was berated for kneeling while worshipping God during the thanksgiving service marking the end of […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Naira Falls To 269 Against Dollar At The Parallel Market

The Nigeria naira is said to have downsize to 269 against the United States dollar at the parallel market on Wednesday as the Central Bank of Nigeria commenced rationing the greenback to Bureaux De Change operators in its weekly foreign exchange sale. The dollar was sold for 260 at the parallel market on Tuesday. The […]

Read More

Lionel Messi To Miss Club World Cup Semi-Finals

Lionel Messi will miss Barcelona’s Fifa Club World Cup semi-final against Guangzhou Evergrande on Thursday because of renal colic. The Catalan giants, who triumphed in the competition in 2009 and 2011, launch their bid for a third title against the Chinese side at the International Stadium Yokohama, but will have to do so without the […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Police: 37,000 Officers To Be Promoted

Inspector General of Police (IGP) Solomon Arase has announced the promotion of over 36,000 police officers as well as the dismissal of 51 others for corrupt practices. Arase, who made this known yesterday in Abuja at the last strategic meeting in 2015 with senior officers, added that 56 policemen were punished for misconducts. He explained […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Two Refineries To Begin Production Before 2016

Dr. Emmanuel Ibe Kachikwu, The Minister of State for Petroleum Resources, Two of Nigeria’s four refineries will restart production in the next two weeks A statement endorsed by Group General Manager, Group Public Affairs Division, Nigerian National Petroleum Corporation (NNPC), Mr. Ohi Alegbe yesterday explained that the minister said based on available reports, the refineries […]

Read More
Gov. Wike Nyesom

Rivers APC Jubilates As Court Okays Governor’s Sack

Jubilation yesterday in Port Harcourt, the Rivers State capital, and its environs, as the Appeal Court affirmed the Election Petitions Tribunal’s sack Governor Nyesom Wike. Wike was the Peoples Democratic Party (PDP) candidate in the April 11 election. As soon as the news filtered into the Garden City that the Appellate Court had upheld Wike’s […]

Read More

Etisalat Seeks $2b Bank Loans

The United Arab Emirate (UAE)-based telecoms operator, Etisalat is looking forward to raising a $2 billion loan as the telecommunications firm seeks funding amid a shift in Gulf loan markets. It joins a flurry of regional companies seeking to secure funding before a likely rise in United States (U.S.) interest rates pushes up borrowing rates, […]

Read More