President Bola Tinubu on Sunday redeployed ex-Governor of Osun State and minister-designate, Adegboyega Oyetola, from the Ministry of Transportation to the Ministry of Marine and Blue Economy. The President also redeployed another minister-designate, Abubakar Momoh, from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development. “TheContinue Reading
BY GODWIN OBI The Nigerian National Petroleum Company (NNPC) Limited has secured a $3 billion Emergency Crude Repayment Loan from African Export-Import Bank (AFREXIM) Bank. In a short statement disclosing the deal, the NNPC said the commitment letter, which was signed at AFREXIM Bank’s headquarters in Cairo, Egypt on Wednesday,Continue Reading
The list of 45 ministers was released in a statement made available to newsmen President Bola Tinubu has released the portfolios for the 45 confirmed ministerial nominees with former Rivers State governor Nyesom Wike in charge of the Ministry of Federal Capital Territory (FCT) and Festus Keyamo manning the MinistryContinue Reading
…Company Expresses Sadness, Condoles Families, Pledge to invest BY OUR REPORTER Yesterday, an oil rig operated by Seplat Energy Limited collapsed in which many workers are feared dead, with some still missing as at night fall. But the management of Seplat Energy has said only one worker died while threeContinue Reading
CENTRAL BANK OF NIGERIA BY GODWIN OBI The Central Bank of Nigeria, CBN has announced plans to reverse the slide of the Naira through various measures that will be unveiled in the next few days. The Acting Governor of the apex bank, Folashodun Shonubi, gave the hint on Monday whileContinue Reading
The leadership of the Nigeria Labour Congress (NLC) has warned that it will embark on a nationwide indefinite strike should the Federal Government allow another hike in the price of petrol amid the ongoing negotiations with the government. The Federal Government-owned Nigerian National Petroleum Company Limited (NNPCL) has repeatedly increasedContinue Reading
BY GODWIN OBI The immediate implementation of the thirty thousand Naira minimum wage in the Taraba State civil service has been approved by the government, in a bid to ease the economic crunch on the citizens of the state. Governor Agbu Kefas announced this, as well as other palliative measuresContinue Reading
BY GODWIN OBI Niger’s military regime vowed late Sunday to prosecute ousted President Mohamed Bazoum for “high treason” and slammed West African leaders for imposing sanctions on the country. The Economic Community of West African States (ECOWAS) imposed sanctions on Niger in response to the coup and has not ruledContinue Reading
Comrade Adewale Adeyanju (left) and NPA Tin Can Port Manager, Buba Jubril BY GODWIN OBI The Maritime Workers Union of Nigeria (MWUN) on Friday told the Port Manager, Tin Can Island Port of Nigerian Ports Authority (NPA) Mr Buba Jubril that the union was not involved in the recent fracasContinue Reading
ECOWAS PARLIAMENT BY GODWIN OBI As the Authority of Heads of State and Government of ECOWAS continues to push for the military junta in Niger Republic to reverse course, the parliament of the sub-regional body is undecided on which approach should be taken to ensure that ousted President, Mohammed BazoumContinue Reading