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AKK gas pipeline commercially viable, can repay in 10 years – contractor

Mr Emeka Okwuosa, Chairman Oilserv Ltd., says the Ajaokuta-Kaduna-Kano (AKK), gas pipeline project is commercially viable and can service its loan before the stipulated time frame.

Shell completes 20km gas pipeline to connect industrial zones in Aba

Shell Nigeria Gas (SNG) has completed the final phase of its 20km domestic gas pipeline expansion project in Abia State, connecting Agbor Hill, Osisioma and Araria industrial zones.
Nigerian National Petroleum Corporation (NNPC)

NNPC: China, Sinosure to finance $2.6 billion AKK gas pipeline

The Nigerian National Petroleum Corporation (NNPC), Monday, disclosed that financing for the Ajaokuta-Kaduna-Kano (AKK) gas pipeline would be provided by China and Sinosure.
Lagos State Commissioner for Health, Akin Abayomi, on Tuesday asked the passengers who were on the same plane with the lady to self-isolate as he released hotlines to call should they show any symptoms.

Private labs take over coronavirus testing in Lagos

Lagos State Government has announced the take over of COVID-19 testing by a consortium of health professionals and private laboratories.
The logos of companies Rand Merchant Bank, FNB, Wesbank and Ashburton Investments are seen outside the FirstRand offices in Cape Town, South Africa, March 11, 2019. REUTERS-Mike Hutchings

RMB confirms Total’s $15 bln funding for Mozambique LNG project

South Africa’s Rand Merchant Bank (RMB) confirmed on Thursday that it is part of a consortium of banks providing $15 billion funding for French energy major Total’s Mozambique liquefied natural gas (LNG) project.

​UK won’t block Newcastle’s Saudi takeover

Culture Secretary Dowden said: “The fit and proper person test is undertaken by the Premier League. I don’t want to prejudge the process. I would also take slight issue with the characterisation of him personally.”
The three months moratorium on loans to Micro, Small and Medium Enterprises (MSMEs) granted by Lagos State Governor Babajide Sanwo-Olu is a reprieve of about N410 million, it was learnt yesterday.

Lagos inaugurates another coronavirus isolation centre

The Lagos State Governor, Babajide Sanwo-Olu, on Wednesday, inaugurated a 70-bed COVID-19 Isolation and Treatment Centre located within the premises of Landmark Exhibition Centre in Eti-Osa Local Government Area.

British investors indicate interest to invest in power sector in Bauchi

A consortium of British investors from the UK has indicated interest and willingness to renew an earlier agreement signed with successive Governments in Bauchi to provide Solar powered source of energy to Ganjuwa Local Government community of the state.
Cross River Deputy Governor, Prof. Ivara Esu

Science, tech inefficiency hampering Africa’s growth – Cross River deputy governor

The Deputy Governor of Cross River State, Professor Ivara Ejemut Esu, has disclosed that Africa’s industrial growth is being hampered by poor science and technological innovations.

Ex-Manchester United chief Peter Kenyon heads consortium in talks to buy Newcastle United

Former Chelsea and Manchester United chief executive Peter Kenyon is heading a consortium that is in talks to buy Newcastle United.

House of Reps faults Teleology takeover of 9mobile

The House of Representatives’ Committee on Telecommunications on Wednesday told the Nigeria Communications Commission (NCC) to stop Teleology from claiming ownership of 9mobile.
Ferdi Moolman

Citibank, Stanbic, First Bank, UBA, 8 others to raise N200 billion for MTN

South Africa owned mobile communication giant MTN Nigeria signed a seven-year medium term loan agreement of N200 billion with a consortium of 12 local lenders on Wednesday.

Nigeria, GE sign agreement on rail concession

An International Consortium led by General Electric has signed an agreement with Nigerian officials in Washington D.C. to proceed with the Interim Phase of the Nigerian narrow-gauge railway concession.

Federal government signs interim agreement for railway concession

The federal government and four companies led by General Electric have signed an agreement to start the interim phase of the Nigerian narrow-gauge railway concession.

Separatists in Cameroon’s restive English-speaking regions face a violent crackdown

Separatists in Cameroon’s restive English-speaking regions have faced a violent crackdown since declaring the creation of “Ambazonia”, a self-proclaimed republic independent from the majority French-speaking country.

Secessionist struggle in anglophone Cameroon led from exile

A secessionist revolt is gaining ground in the English-speaking west of Cameroon, but for lack of charismatic local leaders, the impetus is coming from the diaspora, analysts say.

Recent Stories

NCF not a political party yet – spokesman

The newly formed National Consultative Front (NCF) has said it was yet to metamorphosed into a political party but remains a meeting of like minds to chart a way of getting the country out of the wood.
Head of Civil Service of the Federation, Dr Folasade Yemi-Esan, whose appointment was confirmed last week by President Muhammadu Buhari, also reiterated her commitment to giving focal and priority attention to capacity building.

Nigerian government warns civil servants against flouting coronavirus guidelines

The Federal Government has warned federal civil servants against flouting the workplace guidelines put in place to flatten the curve of coronavirus pandemic in the country.

Former Enugu SSG Samson Ukpabi passes on

A former Secretary to Enugu State Government and former Rector Nigerian Defence Academy (NDA), Kaduna Prof Samson Ukpabi is dead.
US President Donald Trump looks on as he hosts the 2020 “Salute to America” event in honor of Independence Day on the South Lawn of the White House in Washington, DC, July 4, 2020. (Photo by SAUL LOEB - AFP)

US Sunbelt mayors push back against Trump’s virus optimism

US Sunbelt mayors warned Sunday that their cities are at risk of being overwhelmed by a surge of coronavirus cases as they pushed back against US President Donald Trump’s attempt to minimize the gravity of the spreading virus.
Governor Rotimi Akeredolu of Ondo State

Ondo governor appoints two new aides

Gov. Oluwarotimi Akeredolu of Ondo State has approved the appointment of Mr Oluwole Moneyin and Mrs Charity Thiti, as Special Assistants on special duties and women mobilisation respectively.