Police nab fake drinks manufacturers in Rivers

Police nab fake drinks manufacturers in Rivers

By Davies Iheamnachor PORT HARCOURT:Operatives of Nigeria Police in Rivers State have nabbed some persons allegedly involved in the manufacturing of fake drinks in the state. The state Police Public Relations Officer, SP Nnamdi Omoni, in a statement noted that the suspects were arrested, yesterday, in an operation by a unit of the force. READ […]
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Fuel shortage looms as depot owners top price by N9 per litre

Fuel shortage looms as depot owners top price by N9 per litre

By Udeme Akpan,  Obas Esiedesa & Prince Okafor THERE are indications that petrol shortage might emerge as the Private Depots have increased the price of Premium Motor Spirit (PMS) or petrol price to N157 per litre, from N148/litre in different parts of the nation. Investigation by Vanguard, yesterday, showed that the development has discouraged many […]

AU enjoins Ecobank, AfDB, AFREXIM to close Africa’s trade deficit gap

AU enjoins Ecobank, AfDB, AFREXIM to close Africa’s trade deficit gap

As Ecobank opens Pan African Centre By Elizabeth Adegbesan The Chairperson of the African Union Commission, Moussa Faki Mahamat, has enjoined Ecobank, African Development Bank (AfDB) and African Export Import (Afrexim) Bank to come up with innovative mechanisms to contribute in closing Africa’s wide trade finance gap. Moussa disclosed this at the grand opening of […]

Polaris Bank’s Media Capacity Workshop excites Participants

Polaris Bank’s Media Capacity Workshop excites Participants

The much anticipated Polaris Bank Limited sponsored media capacity building workshop for online publishers held last Friday. The well-attended virtual workshop had both respected industry resource persons as anchors and renowned online publishers, among others as participants. Declaring the workshop open, Head, Corporate Communication and Group Head, Strategic Brand Management of Polaris Bank, Rasheed Bolarinwa […]

Rising debt service fees can lead Nigeria into debt trap – PwC Partner

Rising debt service fees can lead Nigeria into debt trap – PwC Partner

By Elizabeth Adegbesan A partner at PricewaterhouseCoopers (PwC), Taiwo Oyedele, has warned that the country’s rising debt service obligations, if not curtailed, could lead into a debt trap. He also noted that the country’s public debt rose by 21 per cent in five years adding that the nation is poor but filled with the potentials […]

Disengaged workers draw over N17bn from pension savings

Disengaged workers draw over N17bn from pension savings

By Rosemary Iwunze As the economic headwinds persists and workers continue to lose their jobs, a total of N17.4 billion was withdrawn by disengaged workers from their pension savings at the end of 2020. According to the 2020 annual report released by the National Pension Commission, PenCom, yesterday, the figure however represents a decline of […]

Environment: Methane Observatory launched to boost action on powerful climate-warming gas

Environment: Methane Observatory launched to boost action on powerful climate-warming gas

By Kingsley Adegboye with Agency report The United Nations Environment Programme (UNEP), with support from the European Union (EU), has launched a new observatory to drive action on reducing methane emissions, a powerful greenhouse gas responsible for at least a quarter of the current climate warming. The International Methane Emissions Observatory, IMEO, was launched at […]

Cooking Gas: NLPGA proposes new options to achieve stability

Cooking Gas: NLPGA proposes new options to achieve stability

The Federal Government has been tasked to grant fiscal incentives to local producers to enable them to fund infrastructure development, reverse the Value Added Tax, VAT, improve access to Foreign Exchange, rechannel export cargos to domestic consumption and eliminate all forms of extortion as part of new options required to achieve stability in the sector. […]

Electricity: Why households suffer prolonged blackout — DISCO

Electricity: Why households suffer prolonged blackout — DISCO

By Prince Okafor The management of  Eko Electricity Distribution Company, EKEDC has disclosed that vandalisation of electrical installations is responsible for the prolonged power outages experienced across the nation. This is coming even as the company appealed to customers and the public to join in the fight against vandalism of its electrical installations. The DisCo […]

Nigeria’s natural gas demand to hit 23bcf/d by 2030 — NNPC

Nigeria’s natural gas demand to hit 23bcf/d by 2030 — NNPC

By Prince Okafor With the increasing demand for natural gas in the country, the Nigerian National Petroleum Corporation, NNPC, has projected that the nation’s demands of the product would rise to 23 billion cubic feet per day. This projection was made by the NNPC’s Group Managing Director, Mele Kyari, at the just concluded 15th Oil […]

Anambra: Dialogue with IPOB crucial — Soludo, Uba, Ozigbo

Anambra: Dialogue with IPOB crucial — Soludo, Uba, Ozigbo

THE candidates of All Progressives Congress, APC; All Progressives Grand Alliance, APGA; and Peoples Democratic Party, PDP, for the November 6 Anambra governorship election, yesterday, in a political debate, called for dialogue with the Indigenous People of Biafra, IPOB, a group agitating for the secession of the South-East from Nigeria.

Factional Plateau Speaker, Sanda declares Ayuba wanted, suspends him, 5 others

Factional Plateau Speaker, Sanda declares Ayuba wanted, suspends him, 5 others

*Lawmakers urge President Buhari to intervene *As youths protest, call for Ayuba’s reinstatement By Marie-Therese Nanlong, JOS THE crisis rocking the Plateau State House of Assembly, degenerated yesterday with the arrest of the embattled speaker, Abok Ayuba, and 10 other members of the house loyal to him, by the security operatives in the vicinity of […]

Cooking Gas: NLPGA proposes new options to achieve stability

Cooking Gas: NLPGA proposes new options to achieve stability

THE Federal Government has been tasked to grant fiscal incentives to local producers to enable them to fund infrastructure development, reverse the Value Added Tax, VAT, improve access to Foreign Exchange, rechannel export cargos to domestic consumption and eliminate all forms of extortion as part of new options required to achieve stability in the sector.