Daily Archives: September 10, 2019

Leadership: Do We Need Saints Or Performers?

Leadership: Do We Need Saints Or Performers?

Nigeria has never been at crossroads than it is now. A country that was the pride of Asians, other Africans, especially Gambians, Ghanians and whites of different origins in the 70s and 80s has gradually become “coffee dregs” in the comity ...

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Stock market still depressed after ministerial appointment

Stock market still depressed after ministerial appointment

Hopes that the inauguration of President Muhammadu Buhari’s cabinet would spur activities and restore the nation’s bourse on a path of sustainable gains have been dashed, as investors’ wealth depreciated by N151 billion 14 days after their inauguration.The development has ...

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Mobile network operators’ assets in Nigeria hit N1.95 trillion

Mobile network operators’ assets in Nigeria hit N1.95 trillion

Total assets base of mobile operators in Nigeria increased by 130 per cent between 2017, and 2018, hitting N1.95 trillion last year, from N847.97 billion.These assets include all facilities that make communications seamless in Nigeria, like the base transceiver stations, ...

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‘Strong political will, legislative intervention key to tackling oil bunkering’

‘Strong political will, legislative intervention key to tackling oil bunkering’

The growing rate of crude oil bunkering, especially in the Niger-Delta region may persist unless the Federal Government develops the political will and encourages legislative intervention, industry experts said in Abuja. Speaking on Wednesday at an advocacy seminar against crude ...

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Pilots’ strike forces BA to cancel Lagos, Accra, over 200 other flights

Pilots’ strike forces BA to cancel Lagos, Accra, over 200 other flights

British Airways (BA) yesterday cancelled all flights for Monday and Tuesday after its pilots went on strike for the first time in the airline’s history. The development, which was felt across the entire network of over 200 flights, also trickled ...

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Nigeria loses N2 billion daily to petrol smuggling

Nigeria loses N2 billion daily to petrol smuggling

• Confirms drop in product demand over border closure • NNPC makes $4.3b as CSOs oppose $9.6b judgment debt The Nigerian National Petroleum Corporation (NNPC) has confirmed that the nation’s economy loses N2 billion daily to fuel smuggling. This comes ...

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