BY GODWIN OBI Thirty persons have been reported killed in Ayati village of Ukum Local Government area in Benue state, by bandits who stormed the farming community in the evening of Thursday, 8th August 2024. Speaking with our reporter on the phone, an eyewitness identified as Shima Ayati said moreContinue Reading
BY GODWIN OBI A former Commonwealth Secretary-General, Emeka Anyaoku, has asked President Bola Tinubu to convene a national constituent assembly to produce a new draft constitution for the country. Anyaoku, who is also the Chairman of the Patriots, said this was part of the proposals put forward during the meetingContinue Reading
BY GODWIN OBI The Organisation of Petroleum Exporting Countries (OPEC), has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil Market Report for June 2024,Continue Reading
BY GODWIN OBI Nigeria’s seaports are at risk of congestion due to the absence of a functional rail system for evacuating cargo to the hinterland, Pius Akutah, Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC), has said. Speaking in Lagos on Thursday at a sensitisation programme organised by the Council,Continue Reading
BY GODWIN OBI A devastating explosion and fire on a wooden cargo boat in Bayelsa waterways has claimed the lives of 20 people, with many more still unaccounted for. The boat, carrying over 64 passengers and crew, as well as farm produce, was en route to Swali market in YenagoaContinue Reading
By Our Reporter The Naira yesterday depreciated to N1, 595per dollar in the parallel market from N1,585 per dollar on Tuesday. Similarly, the Naira yesterday depreciated to N1,596.52 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM roseContinue Reading
BY GODWIN OBI Heavily armed security personnel stormed and raided the headquarters of the Nigeria Labour Congress (NLC) in Abuja on Thursday, the union has said. According to the union, the operatives stormed the Labour House, as its headquarters is called, around 8:30 pm. “They broke in and ransacked theContinue Reading
Nigeria Customs Service Comptroller-General, Bashir Adewale Adeniyi GODWIN OBI The Comptroller General, Nigeria Customs Service (NCS), Bashir Adeniyi, says the service will begin implementation of the duty waiver on imported foods in a week. Adeniyi made this known on Tuesday in Abuja during a combined news conference by the headsContinue Reading
BY GODWIN OBI The Apapa Port Command of the Nigeria Customs Service has achieved a remarkable feat, generating N1.2 trillion in revenue between January and July 2024. This surpasses the total revenue collected for the entire 2023 fiscal year. In July alone, the command collected N201 billion, its highest monthlyContinue Reading
BY GODWIN OBI The League of Maritime Editors and Publishers (LOME) has concluded plans to hold a seminar on the nation’s marine and blue economy. The seminar which is targeted at x-raying the journey of the marine and blue economy in about one year of having a separate Ministry isContinue Reading