BY GODWIN OBI Nigeria’s Lekki Deep Seaport on Monday received the 15,000 TEU LNG-powered CMA CGM Scandola — the largest container ship to visit the West African country. CMA CGM Scandola is the first Liquefied Natural Gas (LNG) powered vessel to berth not only in Nigeria but also in theContinue Reading
BY GODWIN OBI The New Nigeria People’s Party (NNPP) says it is neither in merger nor alliance talks with anybody or party, warning that anyone making contrary moves is on his or her own. Addressing a press conference in Lagos Tuesday, the NNPP leadership stated that such move must onlyContinue Reading
BY GODWIN OBI With the continuous tumbling of the Naira, the rapid appreciation of the US dollar, the British pound and the Euro, as well as soaring inflation rate, Nigerian students and workers who desire to study, live and work overseas this year, may be forced to abandon those aspirations.Continue Reading
BY CHIGOZIE EZEH The Central Bank of Nigeria (CBN) has released US$500 million to various sectors to further address the backlog of verified foreign exchange transactions. This comes barely a week after the apex bank paid approximately $2.0 billion to settle outstanding commitments across manufacturing, aviation, and petroleum sectors. TheContinue Reading
BY GODWIN OBI A chieftain of the Peoples Democratic Party (PDP), Segun Sowunmi, has slammed the Federal Government for “running the economy on palliatives” since the removal of petrol subsidy some eight months ago. Sowunmi, who was a guest on Channels Television’s Politics Today programme on Monday, called on theContinue Reading
ADAEZE OBI The Federal Government on Sunday declared its commitment to bringing down inflation, stabilising foreign exchange rates, tackling insecurity, and creating a truly enabling environment for business and investment to thrive in the country. In a statement signed by the Minister of Information and National Orientation, Mohamed Idris, assurancesContinue Reading
BY ADOLPHUS DURU, EFE MODESTUS AND JAMES AKINOLA In December 2023 when armed men attacked his Dungwel community, in Mangu Local Government Area of Plateau State, Manji Le’an moved from there to stay with his uncle at Mangu town. Though his house at Dungwel was not burnt, he said heContinue Reading
BY GODWIN OBI The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, OFR, says the Agency is committed to ensuring that the business of the Dangote Ports and refinery are not hindered by the implementation of the regulatory instrument under the provisions of the Cabotage law.Continue Reading
BY GODWIN OBI The Tin Can Island Command of Nigeria Customs Service, led by Comptroller Dera Nnadi MNI, has once again demonstrated significant success in intercepting illicit substances. Officers of the command successfully executed multiple interceptions of arms, ammunition, and illicit drugs at various locations, showcasing a determined effort toContinue Reading
BG GODWIN OBI No fewer than 30 persons, mostly children and women, were killed by assailants in Kwahaslalek village, a community in the Mangu Local Government Area of Plateau State. Mwaghavul Development Association President, Joseph Gwankat, said the attack occurred on Tuesday night while residents assembled at a compound in theContinue Reading