Addax Petroleum
Buisness Economy National

Addax Petroleum exits Nigeria, transfers assets to NNPC

Addax – The Nigerian National Petroleum Company (NNPC) Limited on Tuesday announced it has signed a settlement and exit agreement with Sinopec’s Addax Petroleum Development (Nigeria) to exit its four major oil mining blocks in the country. With this agreement, according to NNPC Limited, Addax has ceased to be the Production Sharing Contract (PSC) contractor for the […]

Corruption Economy National Politics

Naira falls to N855 per dollar

Naira – Despite the Economic and Financial Crimes officials’ crackdown on Bureau D Change operators in Abuja on Tuesday, the value of Nigeria’s naira deteriorated further against the dollar at the parallel market.  The naira traded at N855 per dollar as of Wednesday afternoon, Peoples Gazette reports. The naira’s free fall could reach N1,000 per […]

Buisness Corruption National Technology

Nigerian tech company OIS opens latest offices in Cairo to offer Visa, Passport, BVN, NIN services in Egypt.

The Nigerian technology firm Online Integrated Solutions (OIS), founded by Mr. Mahmood Ahmadu opened its newest office in Cairo, Egypt, to facilitate important administrative tasks relating to visa and passport applications, Bank Verification Number (BVN), and national identity enrolment services for Nigerians living in Egypt and the neighbouring Arab countries. The Centre was opened as […]

International National Politics

Queen Elizabeth: World leaders remember a ‘kind-hearted Queen’

Queen Elizabeth – World leaders and dignitaries have been paying tribute to Queen Elizabeth II, who has died at the age of 96. They have honoured her deep sense of duty and her resilience, as well as the Queen’s sense of humour and kindness. France’s Emmanuel Macron led the tributes, remembering “a kind-hearted queen” who […]

Buhari
Corruption Crime Economy National Politics

Buhari assures Nigerians – Military will tackle security challenges

Buhari – The President, Major General Muhammadu Buhari (retd.), on Thursday, urged Nigerians to trust the ability of the country’s armed forces to quell the violence and insecurity nationwide and restore lasting peace. He also said, under his watch, the military would maintain its operational drive to degrade terrorists and their activities, especially in the […]

Anamekwe
Corruption Economy National Politics

Anamekwe – Nigerian Acting Accountant General, Replaced Over Alleged Corruption

Anamekwe – He was said to have been replaced two weeks ago with AGF Mr Okolieaboh Ezeoke Sylvis, a former TSA (Treasury Single Account) Director. The Nigerian government has replaced Mr Chukwuyere N. Anamekwe as the acting Accountant-General of the Federation (AGF), The Nation reports. He was said to have been replaced two weeks ago […]

Peter Obi
National Politics

Peter Obi – Kwankwaso raises hope on coalition

Peter Obi – Presidential candidate of the New Nigeria Peoples Party (NNPP), Senator Rabiu Musa Kwankwaso, yesterday, raised hope on the possibility of teaming up with his Labour Party counterpart, Mr Peter Obi, to contest the 2023 general elections. Kwankwaso spoke on a day Peter Obi was said to be considering a young northerner as […]

Nigerian stocks
Buisness Economy National Politics

Nigerian stocks shed N749.8 billion as investors dump bank shares

Nigerian stocks capped a bearish week with depreciation worth N749.8 billion on Friday as the main equity index shed 1.21 per cent, a retreat triggered by sell-off in bank shares. It has been an especially difficult week for bank stocks in finding investors, which has set the banking index (the benchmark that tracks the top […]

Insecurity
Corruption National Politics Storries

Insecurity: Two Nigerian security operatives, 50 others killed last week

Insecurity – Killings across Nigeria continued last week (June 12 – 18) as non-state actors killed at least 52 persons in various attacks. The figure for the week indicates a decline when compared to the previous week when over 100 persons were killed. Out of the 52 persons killed, two were security personnel including one army […]

Corruption Economy National Politics

El-Rufai: Why Buhari loves Amaechi

El-Rufai of Kaduna State has disclosed why President Muhammadu Buhari loves Rotimi Amaechi, the outgone Minister of Transportation. Rufai disclosed that Buhari loves Amaechi due to his decision to defect from the Peoples Democratic Party, PDP, to the All Progressives Congress, APC, during the era of former President Goodluck Jonathan. He disclosed this when Amaechi […]