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BEARS: Presidency Blackmails Navy

Suddenly, every APC Minister and Senator wants to defend the presidency over the obvious proclivity for lavish and wasteful spending especially as it concerns the N5billion presidential Yatch dotted in 2024 budget. The Navy was expected to clear the air …

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BULLS: Rail Goes E-ticketing At Last

FG mulls Chinese, Portuguese loans to complete railways

At last, Nigeria’s Minister of Transportation, Sa’idu Alkali, has launched the electronic ticketing platform for the Lagos- Ibadan and Itakpe-Warri rail line. The electronic ticketing contract was awarded earlier this year by Federal Executive Council (FEC) to GSD Solution, to …

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Political Gladiators In Rivers State Should Focus On Improving  People’s Standard Of Living—Magnus Abe

Senator Magnus Abe Sen. Magnus Abe, remains one of the key political figures in Rivers States since his rise to limelight as a Commissioner. His is one of the political mentees of Dr.  Peter Odili, former governor of the State. He later …

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NGX All-Share Index Crosses 70,000 Mark

Equity Market Dips 0.40% On Sell-Offs

Trading Floor of NSE Transactions on the Nigerian Exchange (NGX) closed trading on Wednesday, November 1st, 2023, in the positive territory as the All-Share Index appreciated by 1.94% to cross 70,000 index points.   The equities market gained 1.94% as the …

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How FG Is About To Spend N660 Billion On Wastages

Presidential bid: Tinubu meets northern alliance, says consultations ongoing

Tinubu The sum of N660 billion has been approved for wastage by the Federal Executive Council at the last sitting. Many Nigerians are still surprised at the wisdom in spending this amount of money for two transient projects, not logically …

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Reps Vow To Recover 100bn Dollars Unremitted Oil Revenues

N11tn spent on moribund refineries in 13 years – Reps

House of Representative House of Representatives has vowed to ensure the recovery ofover 100 billion dollars unremitted oil revenue by oil companies to federal government, as well as probe the abuse in the handling of fuel subsidy regime The Chairman, …

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NDDC  Implores Niger Delta Stakeholders On Stronger Bonds

NDDC Amnesty Students Set For Nationwide Protest Over Unpaid School Fees

The Chairman designate of the Niger Delta Development Commission, NDDC, Mr. Chiedu Ebie, has urged Niger Delta stakeholders to forge stronger bonds and collaborate to pave way for a brighter future for the oil-rich region. Speaking during a reception in …

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 Nigerian Soya Beans Export Potentials

 Soya Beans Profile Trends • Nigeria farmers through FMARD are making efforts at increasing production. • Development of improved soybean varieties • Soyabeans have an average protein content of 40%. It is more protein rich than any of the common …

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FG Commissions  CNG Conversion Centre

 Federal Government of Nigeria has officially commissioned a pilot conversion centre for vehicles that will run on  compressed natural gas (CNG).  The commisioned centre is in Abuja. It is an initiative of the government to mitigate the effect of subsidy …

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FG To Partner UNIDO  On Industrialization

The  Minister of Marine and Blue Economy,  Adegboyega Oyetola has expressed the readiness of his ministry to partner the United Nations Industrial Development Organisation UNIDO to have an industrialization road map, which will help in creating more jobs in the marine and …

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Akutah  Assumes Duty At Council’s Head Office,Harps On Team Work

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC) Mr. Akutah Pius Ukeyima  The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC) Mr. Akutah Pius Ukeyima  assumed duty at the Council’s headquarters on Wednesday, last week, in Lagos. Akutah, who was received by …

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Dangote Refinery Gets 200,000 Bpd Crude Oil From NNPCL,To Begin Test Run

Insurance sector may lose 72% of Dangote refinery’s risk

Dangote Refinery Company The Dangote Oil Refinery Company has reportedly secured about 200,000 barrels per day crude oil, about six ship loads from Nigeria National Petroleum Corporation NNPC Ltd , for the test run of it’s 650,000 barrels per day …

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Customs Moves Against Economic Saboteurs, Trains Officers On Geospatial Technology

Customs seek synergy in blocking revenue leakages

The Comptroller-General of Customs (CGC), Adewale Adeniyi has launched a two-day workshop on GEOSPATIAL techniques for the officers and men of the Service, in a move to enhance its activities.The program, according to the CGC, ably represented by Deputy Comptroller-General …

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Apapa Customs Command Sets  N1.5trillion Self Revenue Target For 2023

Yuletide: NCS record N1bn seizures

Customs Area Controller(CAC) of the Apapa Customs Command, Comptroller Babajide Jaiyeoba, has stated the command’s readiness in achieving a revenue target of N1.5 trillion for the year. This target surpasses the N1.426 trillion set by the Customs headquarters. Compt. Jaiyeoba …

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HadizaTo Rotimi Amaechi: “Stop These Lies”

L-R: The suspended Managing Director of Nigerian Ports Authority (NPA) Ms. Hadiza Bala-Usman and the Minister of Transportation, Hon. Rotimi Amaechi.

L-R: Former Managing Director of Nigerian Ports Authority (NPA) Ms. Hadiza Bala-Usman and the former Minister of Transportation, Hon. Rotimi Amaechi. Former managing director of Nigerian Ports Authority(NPA) and Special Adviser to President Bola Tinubu on Policy Coordination, Hadiza Bala-Usman, …

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New NIWA Boss Assumes Duty Set To Boost Agency’s Efficiency

Mr. Munirudeen Hola Oyebamiji, NIWA Boss The Managing Director of the National Inland Waterways Authority( NIWA), Mr. Munirudeen Hola Oyebamiji last week assured Nigerians of his commitment to stabilise NIWA’s financial standing, through efficiency and noteworthy service delivery. Oyebamiji stated …

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Jamoh, Gunter Pauli Meet To Discuss Blue Economy Possibilities

From left:Prof. Gunter Pauli, Blue Economy expert; Dr. Bashir Jamoh,Director General ,Nigerian Maritime Administration and Safety Agency(NIMASA) and a team member during a blue economy discussion with the visiting professor to NIMASA, last week The Director General of the Nigerian …

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Tinubu To Declare Open Conference On AfCFTA Advancement

Tinubu To Commission Funtua Inland Dry Port., Thursday

President Bola Tinubu President Bola Ahmed Tinubu is expected to declare open the gathering of twenty-four (24) littoral African countries scheduled to hold from 6th to the 9th of November 2023 at the Lagos Continental Hotel Victoria Island Lagos, which is themed …

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NUJ’s Chapel Elect Edomi, Others As New EXCOs

Ovie Edomie, Chairman, FMMC Ovie Edomi a Journalist with about three decades of journalism practice experience an a PhD holder in Mass Communications specialising in development communication from Babcock University was yesterday elected Chairman of the federated maritime media chapel, …

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JP Morgan Projects N850/$ By December

Naira weakens at parallel market, gains at investors’ window

A US multinational financial services firm, JP Morgan, on Wednesday projected that the naira would trade at N850/$ at the Investors’ and Exporters’ Forex window before the end of 2023. However, the US bank said the recent efforts to restore …

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