Coming to power on the mantra of change, President Muhammadu Buhari and his party, the All Progressives Congress, made a lot of promises. As they mark one year in office, Nigerians expresses themselves and voice out their opinion over the present administration, written and piled up by Punchng. It has been one year of excuses -Spokesperson, […]
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With barely five days to the first anniversary of the President Muhammadu Buhari administration, stakeholders, no doubt, will like to analyse his leadership approach in the various sectors of the nation’s economy and education is not going to be an exception. According to Punchng, Issues bearing on funding, policies, stable academic calendar, among others, will be in […]
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Investors in the country’s capital market are likely going to exhibit negative sentiments following the drop in Nigeria’s Gross Domestic Product in the first quarter of 2016 and fears over the possible outcome of the Monetary Policy Committee meeting, analysts have said. The National Bureau of Statistics had, on Friday, released the 2016 first quarter […]
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All Progressives Congress (APC) National Leader Asiwaju Bola Tinubu yesterday said the Federal Government’s removal of subsidy on petrol was necessary and inevitable. He said a situation where bogus suppliers were paid huge sums for supplying nothing while long lines of queues remained was unsustainable. Tinubu believes the subsidy regime led to petroleum products being […]
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A former Acting Governor of Kogi State and member of the Board of Trustees (BoT) of the All Progressives Congress (APC), Chief Clarence Olafemi, has called on the Federal Government to liberalize crude oil refining licence. This he said will encourage more private participation in crude oil refining in Nigeria. Olafemi in a position paper issued […]
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The Nigerian Communications Commission (NCC) yesterday said internet users on telco’s networks had reduced further to 92,409,962, as at March this year. According to its monthly Internet Subscriber Data, internet users on both the Global System for Mobile communications (GSM), and Code Division Multiple Access (CDMA) networks slumped by 1,340,668. It added that 93,750,630 subscribers […]
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With Nigeria’s oil production reportedly hitting a more than 20-year low, one oil analyst tells CNBC why the country’s oil dilemma should be at the top of investors’ minds. “I think Nigeria really should be at the top of the agenda, because this is not necessarily about low oil prices,” Amrita Sen, chief oil analyst […]
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Self-driving cars are expected to usher in a new era of mobility, safety and convenience. The problem, say transportation researchers, is that people will use them too much. According to AP, Experts foresee robot cars chauffeuring children to school, dance class and baseball practice. The disabled and elderly will have new mobility. Commuters will be […]
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It has been a long standing argument by critical assessors of the economy that deregulation remains the tonic to turn around the fortunes of the downstream sector of the oil and gas industry. Those who canvass this position argue that it will provide enduring solution to the recurring scarcity of petroleum products and halt the […]
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Nigeria’s maritime industry in 2015 spent about $370m to combat piracy and provide security services, a report by Oceans beyond Piracy has revealed. The amount is said to include costs spent by the Nigerian Maritime Administration and Safety Agency at $218m; and public-private partnership which operate security escorts at $7.29m, patrol vessels at $136.8m and […]
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A stockbroking firm and member of Stanbic IBTC Holdings Plc, Stanbic IBTC Stockbrokers Limited, says there is a need to further deepen the Nigerian capital market with a view to providing investors with real-time trading information. This, according to the firm, informed the launch of its online stockbroking service on the Nigerian Stock Exchange with […]
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Nigeria features third in the world on a list of top ten countries with the greatest number of people living without access to safe water, an international agency, WaterAid Nigeria, has said. The agency said that the country remained one of the worst in the world for household water access. The Country Representative of the agency, […]
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