President Muhammadu Buhari will on Thursday depart Abuja for Saudi Arabia to perform the Umrah (lesser pilgrimage) in the Kingdom. This follows an invitation from the ruler of Saudi Arabia and Custodian of the Two Holy Mosques to perform the Umrah (lesser pilgrimage) in the Kingdom. According to a statement by …
Read More »NNPC recovers $1.6bn in control operation
The Nigerian National Petroleum Corporation (NNPC) said it has recorded a $1.6bn savings from the arbitration between its flagship upstream subsidiary, the Nigerian Petroleum Development Company (NPDC), and the Atlantic Energy Drilling Concept Nigeria Limited. Group Managing Director of the NNPC Dr. Maikanti Baru, who said this after he was conferred …
Read More »NUPENG CAUTIONS AGAINST MILITARY COUP, REAFFIRMS SUPPORT FOR DEMOCRATIC RULE
PRESS STATEMENT The National leadership of Nigeria Union of Petroleum and Natural Gas Workers, NUPENG is deeply concerned and worried over the alleged nefarious activities of some devilish and depraved individuals circulating documents calling for coup against the democratically elected government of the Federal Government of Nigeria. The activities of …
Read More »Sudan military, opposition agree to three-year transition period
Sudan’s military and opposition leaders have agreed to a three-year transition period to a civilian government, local media reported on Wednesday. The agreement, which will see the main opposition grouping, Declaration of Freedom and Change Forces (DFCF), get two-thirds of the seats on the interim transitional council, is expected to …
Read More »Buhari presides over FEC meeting
President Muhammadu Buhari on Wednesday presided over the meeting of the weekly Federal Executive Council (FEC) at the Presidential Villa, Abuja. The News Agency of Nigeria (NAN) reports that the meeting was being attended by his vice, Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, and the …
Read More »Nigeria sent us plane load of materials, medicines over Cyclone Idai —Zimbabwe president
President Emmerson Mnangagwa of Zimbabwe has commended the government of Nigeria for its assistance to the people of Zimbabwe, who were recently hit by a tropical disaster, Cyclone Idai. Mnangagwa made the commendation when he received a Federal Government Delegation, led by the Minister of Foreign Affairs, Mr. Geoffrey Onyeama, …
Read More »Facebook tightens live-streaming in crackdown on violence
Facebook announced Wednesday it is tightening access to live streaming to prevent the rampant sharing of graphic video as took place with the Christchurch massacre. People who have broken certain rules, including those against “dangerous organizations and individuals,” will be restricted from using the Facebook Live streaming feature, said the …
Read More »Tribunal fixes May 22 for hearing of Atiku, PDP’s motion seeking Bulkachuwa’s withdrawal
The Presidential Election Petition Tribunal (PEPT) has adjourned till May 22, 2019 for the People’s Democratic Party (PDP) and Atiku Abubakar to file a formal application, praying the tribunal’s Chairman, Justice Zainab Bulkachuwa to withdraw from the hearing of the petition they filed. Atiku, who was the presidential candidate of …
Read More »Atlantic Energy to refund $1.6bn fleeced from NNPC
Atlantic Energy Drilling Concept Nigeria Limited, an oil firm that swindled billions of dollars from the flagship subsidiary of the Nigerian National Petroleum Corporation – Nigeria Petroleum Development Company, is to refund $1.6bn to the oil firm following recent judgments obtained by the NNPC. NNPC’s Group Managing Director, Maikanti Baru, …
Read More »MTN to start trading on Nigerian Stock Exchange from Thursday
MTN Nigeria is set to begin trading on the floor of the Nigerian Stock Exchange (NSE) this Thursday, May 16. This is following the approval of the NSE to list 20.3 billion shares belonging to the telecommunication giant, and the trading price of N90 per unit. With a market capitalisation of …
Read More »