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10 Rivers communities to benefit from oil firm scholarship

An operator in the oil and gas sector, Newcross Exploration and Production Ltd, says it will give scholarship to secondary school students in 10 communities in Akuku-Toru and Degema Local Government Areas of Rivers State.

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An OPEC branded flag sits on a table ahead of the 169th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria. | Akos Stiller | Bloomberg via Getty Images

Oil producers to review cuts impact in April

Oil producers who agreed last week to trim production to boost prices will meet in April to review the impact and sign a long-term pact, the UAE minister said Wednesday.

Rochas Okorocha mourns Dozie Ikedife

Governor Rochas Okorocha of Imo State and Chairman Progressive Governors Forum, said he received the sad news of the death of the former President-General of Ohanaeze Ndigbo, Dr. Dozie Ikedife, with shock and disbelief.

Woman arraigned for allegedly embezzling N1.2 million sales proceeds

A 20-year-old woman, Precious Obidima, who allegedly embezzled N1.2million sales proceeds belonging to her employer, on Wednesday appeared before a Tinubu Magistrates’ Court in Lagos.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

$8.1 billion repatriation: Settlement still in progress in MTN vs CBN’s case – counsel

A Federal High Court Lagos, on Wednesday, further adjourned until Jan. 22, 2019 for report of settlement in a suit between MTN Nigeria Communications Ltd, and the Central Bank of Nigeria (CBN) over repatriation of 8.1 billion dollars.

Spain to raise minimum wage to 1, 050 euros in 2019

Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 per cent increase in the monthly minimum wage to 1,050 euros ($1,192) in 2019.