Nigeria Will Stop Oil Production If Oil Cost Remains High– Kachikwu Announces

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Dr. Ibe Kachikwu, the Minister of State for Petroleum Resources, has declared that the country will stop the production of oil as regards the high cost of the commodity. Kachikwu made this known during a public speech at the opening ceremony of the Nigeria Annual International Conference and Exhibition, which was put together by the Society of Petroleum Engineers in Lagos. He said, “The count

Recession: Condom Sales Keeps Small Business Owners In Market

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Despite the cries of impending recession in the country, Bala Umaru, a local kiosk owner located at the Palm grove area of Ikorodu has been slightly affected by the depreciating economy. However, not all commodities in the little kiosk have made the mark for Bala, but one. The veteran, with frustration in his voice spoke to Punch correspondent concerning sales and how favorable the market has

Ambode Creates 200 Thousand Jobs By Acquiring Mega Rice Mill

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Governor of Lagos state, Akinwunmi Ambode visited Switzerland’s largest city, Zurich on Friday where the state Governor signed an agreement with the prominent rice-mill producer in the world, Bühler AG (“Bühler”) The contract entails acquiring a 32 tonnes per hour Rice Mill. The Governor gave insight into the reason behind the improved decision moments after the contract signing was over

Ngozi Okonjo-Iweala Appointed By Standard Chartered As Director, To Earn £130k

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The former minister of finance, Ngozi Okonjo-Iweala, has been named an independent non-executive director at Standard Chartered PLC. Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England and with presence in 70 countries. According to a statement released on Thursday, by Jon Tracey, the bank’s media specialist, at the London

Nigeria’s Internet Users Rise To 91.6m

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The number of internet users in Nigeria’s telecommunications networks increased to 91.6 million in June, according to the Nigerian Communications Commission (NCC). The NCC made this disclosure in its Monthly Internet Subscribers Data for June 2017 posted on its website Wednesday in Abuja. According to the NCC data, internet users increased to 91,598,757 in June as against 91,565,010 users recor

Lagos Has 4 Billionaires, 360 Multimillionaires, 6,800 Millionaires.

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Lagos has 4 billionaires, 360 multi-millionaires, 6,800 millionaires •Ranks 4th wealthiest in Africa: Lagos, the former capital of Nigeria has been ranked the fourth wealthiest city in Africa. With no other Nigerian cities listed in the ten-city fortune club, the nation’s commercial nerve-centre automatically clinches the wealthiest spot among Nigerian major cities. In a report by AfrAsia B

Federal Government Has Reintroduced Jonathan's YOUWIN Program For Grants To Entrepreneurs

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Register for the 2017 Youwin program, the Federal Government has reintroduced the YOUWIN program innitiated by Ex-president Goodluck Jonathan to give grants to entrepreneurs whose businesses are in the following sector : - Information & Communication - Technology (ICT) - Agriculture/Agro-Processing - Fashion - Manufacturing & Retail - Construction Applicants Participation Criteria: Applican

Indorama Fertilizer Plant To Be Inaugurated By Osinbajo

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Acting President Yemi Osinbajo will inaugurate the world-class fertilizer plant built by Indorama Eleme Fertilizer and Chemicals Limited, in Port Harcourt, Rivers State. The inauguration has been scheduled to hold on Thursday, July 27, 2017. The petrochemicals complex was originally fully-owned by the Federal Government of Nigeria and commissioned in 1996, but was never properly managed as at n

Nigeria Union Of Tailors To Mount Mass Production Center In Lagos

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The President of the Nigeria Union of Tailors, Mr. Wasiu Taiwo, announced on Tuesday that the union had concluded arrangements to set up a center for mass production of clothes. Mr. Taiwo told journalists in Lagos that the production center would be laden with modern equipment to enable tailors with little or no experience with the modern style of sewing to master the art. According to him, “

Naira Depreciates To N367/$1 As Mpc Meeting Continues Today

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The naira falls yesterday to N367 against the Dollar on the parallel market from N376 it opened for trading as the Central Bank of Nigeria (CBN) Monetary Policy Meeting commences today (Tuesday). The sell side of the naira exchange rate against the pound also dropped by N3.00, to close at N475 to the pound on the parallel market yesterday, as against the N472 it opened for trading. However, the na

Oil Inches Up Ahead Of OPEC And Non-OPEC Meeting

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Oil prices edged its way up but held near a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya. London Brent crude for September delivery was up 12 cents at 48.18 dollars a barrel by 0651 GMT. The contract settled down 1.24 dollars, or 2.5 per cent, on Friday after a consultancy forecast a rise in OPEC production

UBA Increases International Spend Limit On Naira Cards From $100 To $2000.

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United Bank for Africa (UBA) Plc has announced an immediate increment of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward assessment is a symbol of a marked increase by 1,900 per cent, which allows customers to withdraw up to $2,000 per month as against $100 which was previously accessible. The bank said this was done in response to the f



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HOLD OKOROCHA RESPONSIBLE FOR DEATHS IN EKE UKWU MARKET - PDP

1. We condemn the Forceful Demolition of the Popular Eke Ukwu Market and violent eviction of traders in Owerri by the Imo State Government using men of the Nigerian Police Force and…
3 Weeks ago

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APC Poor Governance Model Is Destroying National Institutions Says Governor Wike

Rivers State Governor, Nyesom Ezenwo Wike has decried the destruction of key national institutions by the poor governance model of the APC Federal Government. Speaking during a Thanksgiving Service in honour of…
3 Weeks ago

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HURIWA OPPOSES PLANNED REARREST OF KANU

A pro-democracy and Non-Governmental organisation- HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA (HURIWA) has accused the Federal Attorney General and Minister of Justice Alhaji Abubakar Malami (SAN) of playing Ethno-religious card in his…
3 Weeks ago


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WE ARE HERE TO SERVE GOD AND HUMANITY-Wike

The State Chief Executive Nyesom Ezenwo Wike said he and members of his team are in Government to serve the Almighty God and humanity. The Governor stated this during a courtesy visit…
3 Weeks ago

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Governor Ahmed Approves Release Of N937m To Contractors

Kwara State governor, Alhaji Abdulfatah Ahmed has approved the release of N937, 572, 974.09 to contractors handling various infrastructural projects across the State. The amount represents the third quarter payment under the…
3 Weeks ago

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South-South/South-East Governors Meet: Seek Regional Development

Governors of the South-South and South East geo-political zones on Sunday met at the Government House Port Harcourt where they discussed regional and economic integration to enhance the development of the area…
3 Weeks ago

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I Spent 10-years Under Lagos Bridges - Dolapo Osinbajo

Pastor ‘Dolapo Osinbajo, wife of the Vice President of Nigeria, Yemi Osinbajo, has recounted how she spent about 10years with street urchins under several notorious Lagos bridges in a bid to reshape…
3 Weeks ago

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I Rather Die Than To Have APC Win Rivers State In 2019, Gov Wike

Rivers State Governor, Nyesom Wike, has decried the destruction of key national institutions by the poor governance model of the APC Federal Government. Speaking during a Thanksgiving Service in honour of Senator…
3 Weeks ago

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400 Jehovah's Witnesses In Angola Pass Out Due To Toxic Gas At A Convention

More than 400 witnesses passed out, of the 7000 attendees according to the angolan press, when they breathe toxic gas. Abraham Kituxi, one of the eyewitnesses, revealed that one of the first…
3 Weeks ago

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Sacked TRACE Staff Attempts Suicide Over N50,000 Debt

Security operatives in Ogun have arrested a man who allegedly attempted to commit suicide over his inability to refund a N50,000 ‘loan. The man was arrested by the Anti-Vandal Team of Nigeria…
3 Weeks ago


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Nigeria's D'tigress Beat Senegal To Become African Champions

Nigeria's Female Basketball team continued their impressive form to win the African tournament although they got off to a rough first quarter but they quickly made up and beat Senegal 65 -48.…
3 Weeks ago

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Governor Shettima Carries Baby For Delegate At Anambra APC Primaries (PHOTOS)

Borno State Governor Hon. Kashim Shettima and others are in Anambra for Anambra State APC Governorship primaries. Governor Shettima was pictured carrying the baby of one of the delegates as she casts…
3 Weeks ago

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2019: North Splits Over Buhari’s Candidacy

•Atiku, Kwankwaso, Dankwambo, others eyeing ticket •No one above 60 should contest -Area Youths •Few people can’t dictate who leads us -Junaid Mohammed As the 2019 presidential election draws near, there are…
3 Weeks ago

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Father Of Boy Who Was Shot Dead In Owerri Narrates His Ordeal

The father to the 10-year-old boy who was shot dead yesterday after being hit by a stray bullet from security operatives during the demolition of popular Eke-Ukwu market in Owerri, Imo state…
3 Weeks ago

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NIGERIAN AIR FORCE AIRCRAFT CRASHES IN KADUNA

1.​A Nigerian Air Force (NAF) Air Beetle Aircraft today crashed in Kaduna while on a mission. The only soul on board the aircraft, one of the NAF’s experienced instructor pilots, was unfortunately…
4 Weeks ago

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PDP National Reconciliation Train Went To Oyo State

The National Chairman of the Peoples Democratic Party (PDP), Senator Ahmed Makarfi, CON, with other members of the National Caretaker Committee: National Organizing Secretary - Senator Abdul Ningi, National Treasurer/Financial Secretary -…
4 Weeks ago

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Rashidi Adewolu Ladoja Returns To PDP

Former Oyo governor Rasheed Ladoja, who defected to the Accord Party to contest the state’s governorship seat in the 2015 general elections, has returned to the People’s Democratic Party (PDP). Ladoja, along…
4 Weeks ago

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Senate To End Underground Recruitment Into Federal Agencies – Saraki

President of the Senate, Dr. Abubakar Bukola Saraki, has revealed how the national assembly intends to end backdoor employments in the country. The Senate President said that the Upper Legislative Chamber will…
4 Weeks ago

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FG Begins Mass Housing Constructions In 33 States

The Federal Government on Thursday announced that it had commenced the construction of mass housing projects in 33 states across the country . It also called for an upward review of up…
4 Weeks ago

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Non-Indigenes Barred From Ikorodu For 4 Days

Non-indigenes of Ikorodu have been advised to stay away from the area as from Saturday, August 26 till Tuesday, August 29 It is confirmed that the Eluku Festival of Ikorodu Town will…
4 Weeks ago

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Computer Village Adds N1.5b To Nigeria’s Economy Daily

Nigeria’s Computer Village, adjudged the largest Information and Communications Technology (ICT) accessory market in Africa, contributes about N1.5 billion to the country’s economy daily. The Nigerian Communications Commission (NCC) Executive Vice Chairman,…
4 Weeks ago

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Rats Invasion: Buhari Is The Worst President Ever - Mike Ozekhome

Human rights lawyer, Mike Ozekhome (SAN) on Tuesday condemned the presidency for saying President Muhammadu Buhari would work from home because rats invaded his office. Ozekhome said Buhari’s presidency carelessly disrespects Nigerians,…
4 Weeks ago

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Boko Haram Terrorists Ambush Soldiers In Borno, Scores Feared Killed

An ambush by Boko Haram terrorists in Meleri, a village in Konduga Local Government Area of Borno State, has resulted in scores of fatalities, a security source told SaharaReporters. Victims of the…
1 Month ago

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Why I Can’t Go And Greet Buhari, Even If Invited —fayose

Governor Ayodele Fayose of Ekiti State, who seems the loudest opposition voice against President Mohammadu Buhari’s government, has said that his agitation and revelation about what had happened to the President while…
1 Month ago

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Computer Village Adds N1.5b To Nigeria’s Economy Daily

Nigeria’s Computer Village, adjudged the largest Information and Communications Technology (ICT) accessory market in Africa, contributes about N1.5 billion to the country’s economy daily. The Nigerian Communications Commission (NCC) Executive Vice Chairman,…
1 Month ago


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