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We are not launching Pay-Per-View – MultiChoice

Pay-TV service provider, MultiChoice Nigeria, has dismissed fresh reports saying it is about to make its services available via the Pay-Per-View model.

OPEC extends Nigeria’s exemption from crude oil production cap

The Organisation of Petroleum Exporting Countries on Friday extended Nigeria’s exemption from crude oil production cap following the countries plea to be exempted until it stabilises its production.

Nigeria’s oil output remains below agreed OPEC cap – Kachikwu

Nigeria is pumping less than 1.8 million barrels per day (bpd) of crude, its oil minister said on Friday, meaning the country is sticking to an output cap agreed under an OPEC-led deal to limit output.

Aiteo shuts Nembe creek trunk line over leakage

Aiteo Eastern Exploration and Production Company on Friday said that it had shut the Nembe Creek Trunk Line (NCTL) for emergency repairs following the detection of oil leakage.

Poultry farmers in Kaduna seek financial support

Poultry Farmers Association of Nigeria (PAN), Kaduna State chapter, has urged the state government to assist its members with credit facility, to enable them meet current market demand.

Uber loses operation license in London

Taxi technology company Uber has lost its licence to operate in London effective September 30, London Transport regulator announced on Friday.

Oil prices stable as OPEC meets in Vienna

Oil prices remained above the $56 mark on Thursday and Friday morning as traders await the outcome of the meeting between members of the Organisation of Petroleum Exporting Countries and other oil producers.

Nigeria unlikely to cut fuel sulphur level anytime soon – Rainoil

Nigeria’s efforts to cut sulphur levels in its fuel imports are unlikely to succeed this year, the head of a major Nigerian downstream company told the Platts refining conference in Brussels.

Fashion expert urges Nigeria to export local fabrics

Mr Ayodeji Olugbade, Managing Director, Atlantic Exhibition Nigeria Limited, says that it is time that Nigeria starts exporting locally made fabrics as an alternative source of income.

Fed govt sets up c’ttee to address multiple charges in airports

The Federal Government has set-up an 11-man committee to address the issue of multiple charges raised by the Airlines Operators of Nigeria.

ID card rule hurting sim replacement rate – TELCOs

Operators of telecommunications networks in the country say the means of identification rule imposed by the Nigerian Communications Commission (NCC) is reducing the rate of successful sim replacement.

Ecobank introduces cardless cash withdrawal service

Ecobank said it is striving to address the needs of the unbanked (and the general populace) by transforming a mobile phone into an all-in-one bank account and payment/cash withdrawal tool.

NIMASA charges African countries to develop maritime infrastructure

The NIMASA Director General, who is also the Chairman of the Association of African Maritime Administrations (AAMA), however, regretted that Africa is still not a major player globally in maritime trade because of lack of strategic attention to the sector.

Fashola faults call for cancellation of power sector privatisation

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has faulted the call for the cancellation of privatisation of power sector.


Recent Posts

Police arrest 34 Peace Corp officials in Lagos

The Lagos State police command, on Friday, said it had arrested 34 officials of the Peace Corp para-military organization.

Nigeria proud of its arts, entertainers – Osinbajo

Vice President Yemi Osinbajo said Nigeria is very proud of its arts and entertainment industry, where talented Nigerians continue to show and exceed world-class standards.

423 die, 2,339 wounded in road accidents in July – FRSC

The Federal Road Safety Corps (FRSC) says 423 persons died and 2,339 others were wounded in 768 road traffic accidents across the country in July.

McCain comes out against Obamacare repeal bill

US Senator John McCain Friday announced his opposition to the latest Republican attempt to replace Barack Obama’s signature health care law, likely dooming the repeal effort.

NAICOM goes tough with insurance companies over unpaid claims

The National Insurance Commission (NAICOM) on Friday said it would sack managing directors of insurance companies that refused to settle indisputable insurance claims.

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Buhari receives security briefings from 3 govs

Kashim Shettima, governor of Borno state; Abdullahi Ganduje, his Kano counterpart; and Aminu Tambuwal of Sokoto, briefed President Muhammadu Buhari at the presidential villa in Abuja before he left for the US.

New judge to join Patience Jonathan’s $5.9m, N2.4bn appeal

The Court of Appeal, Lagos Division, will on Monday (today) replace one of the judges on the three-man panel hearing an appeal filed by the wife of ex-President Goodluck Jonathan, Patience, against the freezing of her Skye Bank account with a balance of $5.9m.

Plateau council polls: APC, PDP promise to support youth candidature

The Plateau chapter of All Progressives Congress (APC) on Thursday promised to support young people to run for various offices in the forthcoming local government polls in the state.

Forex market in doldrums as funds offer dollars at premium

Offshore funds in Nigeria offered on Wednesday to sell the dollar at close to its black market rate, traders said, worsening a liquidity lull on the foreign exchange market.

NGO Bill: Stop the cheap lies, propaganda – Reps member tells ex-NHRC chief

Odinkalu launched a five-minute video campaign against the NGO regulation bill about to be passed by the National Assembly on Thursday that has gone viral.