By Egufe Yafugborhi PORT HARCOURT—Immediate past Transportation Minister, Mr. Rotimi Ameachi, has expressed worry over perceived hunger and poverty prevailing in Rivers State, hinting that raising funds to address the twin issues would be the first thing All Progressives Congress, APC, will do when they reclaim Rivers State government in 2023.  Ameachi spoke, yesterday, at […]

Expresses confidence in the maritime sector leadership The Secretary General of the International Maritime Organization, IMO, Mr. Kitack Lim, has commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency, NIMASA, located at Victoria Island, Lagos. Speaking during the commissioning of the building, the IMO boss expressed confidence in the leadership of the […]

By Mariam Eko The electricity Transmission Company of Nigeria, TCN, has said that lack of capacity in the electricity Generation Companies, GENCOs, and the Distribution Companies, DISCOs, is the main reason for the incessant collapses in the national grid. The country’s power grid has collapsed about seven times this year,  with the last collapse on […]

By Olu Fasan AHEAD of the 1993 presidential election, General Ibrahim Babangida, the then military head of state, made a profound statement. He said: “I don’t know who will succeed me, but I know who will not.” Sadly, that statement panned out with the annulment of the June 12, 1993 presidential election. Yet, in principle, […]

By Peter Egwuatu Nigeria’s Foreign Portfolio Investments, FPIs,  has risen to N321.04 billion in the third quarter of 2022, Q3’22, about 11.8 per cent higher than N287.2 billion recorded in the corresponding period of 2021, Q3’21. FPI represents value of foreign investments in the Nigerian stock market. Though usually called ‘hot money’ because of the […]