Breaking: NRC reopens Abuja-Kaduna train route 48 hours after ‘bandits attack’

October 22, 2021 Editor 0

The Nigerian Railway Corporation (NRC) has announced reopening of Abuja-Kaduna route two days after a moving train was attacked by suspected bandits. The attacks carried out between Wednesday evening and Thursday morning also destroyed some part of the rail tracks. A reopening announcement by NRC on Friday evening read, “The Board and Management of the Nigerian railway corporation (NRC) hereby Read More

NNPC GMD at Editors’ conference: We ‘ve mobilised contractors for Port Harcourt refinery

The Nigerian Guild of Editors (NGE) Thursday called on the federal government to adopt necessary measures in tackling the insecurity bedevilling the country. The editors bared their minds at a two-day conference  in Abuja, with the theme “Media in Times of Crises: Resolving Conflict, Achieving Consensus.” And at the event, Group Managing Director Nigeria National Petroleum Company (NNPC) Mele Kyari announced that Read More

SRtv set for another reality show in December

October 22, 2021 Segun Odunewu 0

SRtv, a digital multicast, multicultural arts, entertaining and life style online streaming television is set for the second edition of its talent Expo program scheduled to take place between 1st and 5th of December at the velodrome facility, MKO Abiola National Stadium, Abuja Nigeria. According to Emerald Obahiagbon, the program representative, “this year’s event is aimed at talent discovery in Read More

Unions allege Total oil targeting Nigerians for retrenchment

October 22, 2021 Segun Odunewu 0

Some unions in Nigeria’s oil and gas sector have alleged that Nigerians are being targeted for retrenchment in the ongoing organisational restructuring carried out by TotalEnergies Marketing Nigeria Plc, formerly known as ‘Total Nigeria Plc’. In what seems to be a preparation for a showdown, the employee unions continue to exert pressure on Total Nigeria’s management on the organisational restructuring, Read More

FG set to revamp rubber industry- Minister

October 22, 2021 Binta Shama 0

The Minister of State, Science, Technology and Innovation, Barrister Abdullahi Mohammed, said the Federal Government has made a lot of profitable efforts to revive the Rubber Industry in the country. The Minister made this known when he gave a keynote address at the National Conference For the Industrialization of Rubber Sector, on Thursday, in Abuja. In the keynote address titled; Read More

GITEX 2021: 9 Nigerian tech start-ups made it

October 22, 2021 Ayoni M. Agbabiaka 0

The National Information Technology Development Agency (NITDA) has unveiled list of nine Nigerian innovative technology-driven start-ups that made it to GITEX 2021, held in Dubai. The Gulf Information Technology Exhibition (GITEX) is the global forum for biggest technology held at the World Trade Centre (DWTC) Dubai, United Arabs Emirates, with the theme: ‘Creating a Bolder Digital Future Together.’ The innovative Read More

EFCC probe: Total Nigeria retires top NLNG executive Patrick Olinma

October 22, 2021 Abdullahi M. Gulloma 0

Oil major, Total Nigeria has implemented a restructuring of its organisation with the retirement of Patrick Olinma, its erstwhile Executive Director in charge of commercial activities, along with other key management executives of the company. Further investigation revealed that Mr Olinma, now a former Executive Director of Total Nigeria is currently under investigation by the Economic Financial Crime Commission (EFCC) Read More

Equity market maintains growth profile, gains N237bn

October 22, 2021 Amaka Ifeakandu 0

Equity market yesterday sustained growth profile, increasing by N237 billion. Specifically, market capitalisation of listed equities increased by 1.10 per cent to N21.763 trillion from N21.526 trillion reported the previous day. The NGX All Share Index also appreciated by 454.40 basis points to 41704.11 points from 41249.71 traded on Monday. Investors exchanged 216.194 million shares valued at N3.381 billion in Read More

NIMASA DG rallies support for Nigeria’s IMO category C reinstatement

October 22, 2021 Suleiman Idris 0

Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has called on the international maritime community to support Nigeria’s bid for reinstatement into Category C. The call is coming ahead of the December International Maritime Organisation (IMO) Council Election. Speaking at the third seminar of the Atlantic Center in Lisbon Portugal, Jamoh sought support from Nigeria’s Read More

Condemnations trails explosive attack on Abuja – Kaduna rail track by terrorists, NRC begins probe

October 22, 2021 Suleiman Idris 0

Nigerians have taken to the social media to condemn the Wednesday night attack of a Nigerian Railway Corporation (NRC) coach with explosives by yet to be identified persons between Rijana and Dutse along the Abuja-Kaduna rail track. Managing Director of the Nigerian Railway Corporation, Engineer Fidet Okhiria on Thursday confirmed the attack and said the explosives destroyed part of the Read More

FIRS proposes road taxes for motorists, others

October 22, 2021 Chizoba Ogbeche 0

The Federal Inland Revenue Service (FIRS) has proposed the introduction of road infrastructure tax in Nigeria, to make the informal sector contribute to building a modern society. Executive Chairman of FIRS, Muhammad Mamman Nami, disclosed this on Thursday while receiving a delegation of the Nigeria Union of Journalists (NUJ), led by its National President, Chris Isiguzo, to his office in Read More

How a private firm resolves Nigeria’s passport crisis

October 21, 2021 Sule Ya’u Sule 0

Vice President Yemi Osinbajo is right on point on this; his views resonate with trends in developed and the developing world on the role private firms can play in a nation’s economic development. The private sector “It is the private sector”, said Professor Osibajo at the commissioning of BUA’s Sokoto Cement plant in July 2018, “not the government, that will Read More

CBN releases guidelines for the implementation of Tertiary Institutions Entrepreneurship Scheme

October 20, 2021 David Agba 0

  The Central Bank of Nigeria (CBN) pursuant to the CBN Act, 2007 and as part of its policy measures to address rising youth unemployment and underemployment, has developed the Tertiary Institutions Entrepreneurship Scheme (TIES), in partnership with Nigerian polytechnics and universities to harness the potential of graduate entrepreneurs (gradpreneurs) in Nigeria.  The Scheme is designed to create a paradigm Read More

NDIC commences review of risk- based supervision to determine bank premium

The Nigeria Deposit Insurance Corporation (NDIC) Wednesday disclosed its plans to commence the review of risk-based approach to determine premium by banks to make them more. The Managing Director and Chief Executive Officer of the Corporation, Mr Bello Hassan, gave the hint in his keynote address at the 19th edition of a workshop organized for Business Editors and Finance Correspondents Read More

Amaechi urges professionalism in ports control, ship inspection

October 20, 2021 Suleiman Idris 0

Minister of Transportation, Rt Hon Chibuike Rotimi Amaechi on Wednesday stressed the need for Port State Control Officers (PSCOs) to display a high level of professionalism in carrying out their duties of inspecting foreign ships at national ports. Amaechi spoke at the 11th Port State Control Committee (PSC) Meeting of the Memorandum of Understanding on PSC for West and Central Read More

FG says LPG market robust despite soaring cooking gas prices

Despite soaring cooking gas prices, the Petroleum Products Pricing Regulatory Agency (PPPRA), said the market has continued to grow beyond expectations. The Federal Government has officially scrapped the Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalisation Fund (PEF). In a statement signed by the General Manager, Corporate Services, PPPRA, Kimchi Apollo, the organisation Read More

Barkindo advocates deployment of technology to tackle carbon emissions

October 20, 2021 Blessing Anaro 0

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, has advocated the deployment of modern technologies such as the Carbon Capture Utilisation Storage (CCUS) instead of pushing for a wholesale abandonment of fossil fuels. Speaking at the Annual Legal Workshop of the Energy CharteSecretariat (ECS) and the OPEC Fund for International Development (OFID), the OPEC Read More

Nigeria already exporting locally produced cars to Mali – NADDC

October 20, 2021 Adeola Tukuru 0

The Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu has confirmed that Innoson company, a car manufacturing company is already exporting made -in Nigeria vehicles to Mali. Jelani who confirmed this at the just concluded Commerce and Industry Correspondents Association of Nigeria (CICAN) Annual Conference in Abuja further added that the development is thereby adding value Read More

Osemedua wants Nigerians to leverage on social media to create rippling effects

October 20, 2021 Blueprint 0

Centrestage Live Conference host and also an online influencer Naomi Osemedua, has tasks Nigerians to emulate her by leveraging social media to create rippling effects of positive impact in society. Speaking to journalists during a media parley after the conference themed ‘Changing the African narrative through the power of story-telling’ in Abuja, she explained that she deployed the power of Read More

2023: UBNI berates Dokpesi’s comments on South east geo-political zone

October 20, 2021 Blueprint 0

The United for Better Nigeria Initiative (UBNI) has berated the founder of DAAR Communications, Chief Raymond Dokpesi, over derogatory comments against emergence of a president from the Southeast geo-political zone come 2023 general election. Dokpesi, who is also a chieftain of the Peoples Democratic Party (PDP), had through a statement on Monday alluded that Nigerians are afraid that president of Read More

CSOs blame COVID -19, poor policy to inequality, poverty crisis in West Africa

October 20, 2021 Adeola Tukuru, 0

The Founding Executive Director, African Centre for Leadership Strategy and Development (Centre LSD) Dr Otive Igbuzor, has observed that the COVID -19 pandemic and poor policy responses has worsened inequality and poverty crisis in West Africa. Dr Otive noted this at the just concluded Two-Day National Tax Summit Organised by the Tax Justice and Governance Platform (TJGP) in Abuja. Dr Read More