Thursday , December 13 2018

Osinbajo to head delegation on Niger Delta crisis- Buhari

President Muhammadu Buhari has directed his deputy, Prof. Yemi Osinbajo, to head a special presidential delegation charged with the task of resolving the crisis in the Niger Delta. Special Adviser to the President on Niger Delta Affairs, Brigadier General Paul Boroh (retd), disclosed this to newsmen, in Abuja, yesterday. Boroh …

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INTELS acquires the largest crane in Africa

IN line with its commitment of making Nigeria the hub of Oil and Gas logistics services in Africa, INTELS Nigeria Limited has acquired one of the largest port handling cranes in the world – a 600 tonnes Liebherr crane worth USD6 million (N1.83 billion).  The crane, which has been deployed …

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Naira appreciates to N454 against Dollar

The naira yesterday appreciated against the dollar by N6  in the parallel market due to expectation of further intervention in the foreign exchange market by the Central bank of Nigeria (CBN). Vanguard investigation reveals that the parallel market exchange rate dropped to N454 per dollar at the close of business …

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Etisalat to exit Nigeria over debt default

Abu Dhabi telecoms group, Etisalat, may sell its stake in Etisalat Nigeria, following a default on a $1.2 billion loan, but would prefer a debt restructuring before it could pull out. The decision is coming after the Central Bank of Nigeria (CBN) and the Nigeria Communication’s Commission (NCC) on Friday …

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Hands-on with the jacket with Google woven in

A partnership between Levi’s and Google has yielded the Jacquard, a denim jacket with technology woven into the fabric. Once paired to a smartphone via Bluetooth, the jacket allows the wearer to control key functions with just a brush or tap of the cuff. A double tap with two fingers, …

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Customers win N16m in promo draw- Fidelity Bank

In continuation of its efforts to raise saving culture and promote financial inclusion, Fidelity Bank Plc has again rewarded seven customers in its Get Alert in Million Promo with N16 million. In its second quarterly draw and sixth monthly edition of promo held at its head office last Tuesday in …

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Minister sack whistle blower- AFRICMIL

Minister of State for Foreign Affairs, Khadija Bukar Abba Ibrahim, has been condemned for trying to undermine President Muhammadu Buhari’s anti-graft war by sacking an Assistant Director in her ministry, Mr. Ntia Thompson, who exposed the looting of cash worth $229,000 and N800,000 meant for crucial projects. For that reason, …

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Buhari writes to Dogara on his resumption

President Muhammadu Buhari, Monday, wrote the National Assembly as required by the 1999 Constitution (as amended) about his resumption to office as the President of Nigeria. Buhari on Monday returned to his desk, saying he has resumed his duties . The letter reads “In compliance with Section 145 of the …

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