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Uli Hoeness

Uli Hoeness: Franck Ribery should have bounced his golden steak off the wall

Bayern Munich president Uli Hoeness has suggested Franck Ribery should have bounced his golden steak off the wall after his now infamous Instagram post.

Bismarck Rewane: Nigerians should expect petrol price increase

The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue.
Abiodun Adedipe

Economist challenges classification of Nigeria as world poverty capital

Nigeria is not the poverty capital of the world, Abiodun Adedipe, an economist and member of the Nigerian Economic Summit Group, has said.

Over 800 firms bid to stop gas flaring

Over 800 firms have bidded to stop gas flaring in Nigeria, said the Ministry of Petroleum Resources on Thursday.

CLO urges South East governors to probe alleged extortion by INEC registration officials

Said the human rights group, “Our security services and our governors should spare no effort to put to a stop to monetisation and commercialisation of the country’s electoral process to protect our hard earned democracy in which eminent Nigerians like the late Chief M.K.O Abiola, and his wife, Kudirat, Alfred Rewane, etc died for.”

2018 budget: House of Reps moves to block Afam GENCO sale as scrap

The House of Representatives has opposed the alleged plan by the Federal Government to sell Afam Power Generation Company as a dilapidated asset.

BPE: How privatisation saved Nigeria $3 billion

The privatization and commercialisation process has freed up over three billion dollars consumed by Public Enterprises (PEs) annually in terms of subventions, waivers and unpaid taxes, the Bureau of Public Enterprises (BPE) says.
President Buhari hosts Kannywood Entertainers (Music and Movies) to Dinner in State House on 18th Oct 2018 3

Federal government to improve remuneration for teachers, other workers

President Muhammadu Buhari has said that a comprehensive policy for improved remuneration for teachers and all public servants is being developed.
South African researchers say they have made bricks using human urine in a natural process involving colonies of bacteria, which could one day help reduce global warming emissions by finding a productive use for the ultimate waste product.

Human urine used to make bricks in South Africa

South African researchers say they have made bricks using human urine in a natural process involving colonies of bacteria, which could one day help reduce global warming emissions by finding a productive use for the ultimate waste product.

Lai Mohammed tasks National Assembly on expeditious passage of privatisation reform bills

The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday urged the National Assembly to expeditiously pass eight privatisation sector reform Bills pending before it.

Dogara waives resolution, appoints Jibrin Committee Chairman

Yakubu Dogara, Speaker, House of Representatives, waived a House resolution on Wednesday by appointing Abdulmumin Jibrin (APC, Kano) as Chairman of the House Committee on Land Transport.
Commissioner for Information and Strategy, Mr Charles Udoh

Charles Udoh: Akwa Ibom to lead Nigeria’s agric revolution

Akwa Ibom State Commissioner for Information and Strategy, Charles Udoh, has said the state will lead Nigeria’s agriculture revolution.
Nigeria Stock Exchange

Skyway Aviation set for listing on NSE

A ground handling firm, Skyway Aviation Handling Company Ltd. (SAHCOL), has intensified plans to enlist on the floor of the Nigerian Stock Exchange (NSE) within the next few months.

DPR: Power generation to improve by 3,000MW through zero gas flare

Nigeria’s current power generation capacity can be ramped up with additional 3,000 megawatts of electricity if the federal government can harness the amount of gas being flared at 139 flare locations of the Niger Delta, the Department of Petroleum Resources (DPR) has said.

DPR: Federal government raises N748 billion from oil tax, royalty in 2017

The Department of Petroleum Resources (DPR) said the Federal Government earned N748 billion from taxes and royalties paid by oil and gas companies operating in Nigeria in 2017.

SMEDAN wants youths involvement in SMEs

Mr Dikko Radda, the Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says the active participation of youths in Micro, Small and Medium Enterprises (MSMEs) will enhance Nigeria’s economic development.

RMAFC: Nigeria loses $21 billion to non-review of PSCs

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the nation lost about $21 billion in revenue in the last 20 years to non-review of Production Sharing Contracts (PSCs).

Alex Okoh: BPE to review power sector privatisation

The Bureau for Public Enterprises (BPE) says it will review Nigeria’s power sector privatisation process, to remove fundamental flaws hindering effective operations in the sector.

Recent Stories

140 IPOB members arraigned for allegedly plotting to overthrow President Buhari

An Enugu East Magistrates Court presided by Magistrate A. N. Chioke has remanded 140 members of the proscribed Indigenous Peoples of Biafra (IPOB) over an alleged treason.

Federal government disburses $22.216 million on Tradermoni, other empowerment schemes

Part of recovered looted funds of late Head of state, Gen. Sani Abacha, was expended on various empowerment initiatives of the government, Senior Special Adviser to the President on Social Investments, Maryam Uwais, disclosed in on Thursday
President Muhammadu Buhari has congratulated Prime Minister Narendra Modi of India and the Bharatiya Janata Party (BJP) on their election victory.

President Buhari congratulates India’s Narendra Modi on election victory

President Muhammadu Buhari has congratulated Prime Minister Narendra Modi of India and the Bharatiya Janata Party (BJP) on their election victory.

N2 billion fraud: Court revokes bail, orders arrest of ex-Governor Aliyu

Justice A. B. Aliyu of the Federal High Court in Minna, Niger State on Thursday revoked the bail granted to the former Niger State Governor Babangida Aliyu and the former state governorship candidate of the Peoples Democratic Party (PDP), Alhaji Umar Gado Nasko.
Nigerian National Petroleum Corporation (NNPC)

NNPC recruitment: Applicants to undergo computer-based test

The Nigerian National Petroleum Corporation (NNPC) has revealed that the third phase of its ongoing recruitment exercise will involve a computer-based test, which comes up on June 1.