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Friday, June 5, 2020

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Brazil’sPetrobras to Sell Stake in Nigeria JV to Reduce Debt

Brazilian state-run integrated energy company Petróleo Brasileiro S.A. or Petrobras PBR has announced plans to divest its 50% stake in its oil exploration joint venture (“JV”) in Nigeria. Grupo BTG Pactual SA, a subsidiary of BTG Pactual E&P BV,...

We’re not cracking down on media- Minister

The Minister of Information and Culture, Alhaji Lai Mohammed Tuesday rejected accusations of a crack down on journalists and the social media at the 39th Session of the General Conference of the United Nations Educational, Scientific and Cultural Organisation in...

Buhari presents N8.612 trillion 2018 “Budget of Consolidation.”

President Muhammadu Buhari presented on Tuesday a 2018 budget of N8.612 trillion naira, the country's biggest ever, to the National Assembly. He said the budget was based on an exchange rate of 305 naira to the dollar and a projected...

Paradise Paper Leaks: What Is It? Who Are The Biggest Names On The List?

World's second biggest leak!   If you visit the major news websites or read newspapers, you’d come across articles on a massive document leak that tell about offshore accounts of a large number of powerful people. Named Paradise Papers, about 13.4...

Ndoma-Egba: Sheathe Your Sword, Save Niger- Delta from Ruins

The Chairman of Niger Delta Development Commission (NDDC), Senator Victor Ndoma-Egba, SAN, has appealed to the Niger Delta Avengers (NDA) to sheathe their swords and give President Muhammadu Buhari more time to look into their demands. “Our environment is already...

FG ready to meet militants amid threat by Niger Delta Avengers

The federal government is willing to talk with the Niger Delta Avengers, minister for Niger-Delta, Usani Uguru Usani said on Monday, days after the militant group called off a year-long ceasefire. “If the Avengers wants to meet with us, we are...

The Day In Pictures: Osinbajo at the Legislative Economic Summit

Vice President Yemi Osinbajo, declares open Legislative Economic Summit, held at the International Conference Centre, Abuja. 6th Nov. 2017. PHOTOS: NOVO ISIORO      

Oil price hits two year high as avengers renewed threat may affect supply

A global oil price surge is set to drive up the cost of petrol through the Christmas holiday season and experts are warning the pain at the bowser is likely to intensify in the New Year. Oil prices hit their...

Mugabe’s wife ready to succeed husband in Zimbabwe

President Robert Mugabe’s wife on Sunday said she is ready to succeed her husband as tensions rise in Zimbabwe’s ruling party over who will take over from the country’s ageing leader. “I say to Mr Mugabe you should ... leave...

U.S opposition party demand gun control in wake of Texas Church shooting

Within hours of the horrific shooting at the First Baptist Church in Sutherland Springs, Texas, Democratic lawmakers, progressive political pundits, and media figures were calling for gun control on social media. Former Arizona Rep. Gabby Giffords, who still struggles to...
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Subsidy removal: Petrol marketers now to fix pump price 

      In line with the new pricing regime for petrol, marketers are now free to fix the price of the commodity, the...
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Senate President Lawan leads Senate delegation on solidarity visit to Kalu

          Senate President Lawan leads Senate delegation on solidarity visit to Kalu after his release from Kuje Correctional Facility on Thursday  

Tragedy: DPO, seven other policemen, women  killed in Kogi 

  Armed robbers struck at a branch of a first generation bank in lsanlu, Kogi State, on Thursday leaving a trail of murders of nine people including...

Nigeria nominates Okonjo-Iweala for DG, World Trade Organization

  Dr Ngozi Okonjo-Iweala, Nigeria's former Minister of Finance, has been nominated for election as the Director-General of the World Trade Organisation (WTO) by President...

Police nab three dare-devil siblings for kidnap, murder of widow

  Three bloodthirsty siblings, who allegedly kidnapped and gruesomely murdered a 55-year old mother of five in Abuja and bolted to Imo State, are now...