Home Topics Decline

Decline

Lekoil

Mass board resignations hit Lekoil

Mr. Michael Ajukwu and Mark Simmonds have stepped down as non-executive directors of Lekoil Ltd, an oil and gas exploration and production in Nigeria.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Export revenue declined by 45.87% to $2.62 billion in 2020

The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020.
All Progressives Congress (APC) Nigeria

APC charges Nigerians to allow CBN perform its mandate

The All Progressives Congress (APC) Caretaker/Extraordinary Convention Planning Committee, has charged Nigerians and critics to allow the Central Bank of Nigeria (CBN) to effectively and effectively perform its statury mandate.
Secretary of the APC Caretaker Committee, Senator John J. Akpanudoedehe in a statement on Tuesday said the 16 years of PDP administration was characterised by “looting of public funds”, adding that the party should spare Nigerians of the trauma of a reminder of the “disaster.”

APC: Whether Nigerian government printed N60 billion or not isn’t an issue

The ruling All Progressives Congress, APC, has described as a non-issue, allegations that the Central Bank of Nigeria CBN printed between N50 billion to N60 billion to augment the shortfall in the distribution of federation revenues to the three tiers of government in March 2021.
Queen Elizabeth and her family paid their last respects to Prince Philip on Saturday at a funeral that celebrated his naval past, his international heritage and seven decades of service in which he helped guide the queen through repeated crises.

Queen Elizabeth stands alone to bid farewell to her ‘strength’ Philip

Queen Elizabeth and her family paid their last respects to Prince Philip on Saturday at a funeral that celebrated his naval past, his international heritage and seven decades of service in which he helped guide the queen through repeated crises
President Muhammadu Buhari has arrived the Nnamdi Azikiwe International Airport, Abuja after a 17-day medical trip to London, the United Kingdom.

Inflation: Nigerian government accused of economic mismanagement

An organization, The Youth Party, has accused the federal government of inflicting pain and hardship on the citizens, by its alleged mismanagement of Nigeria’s economy.
The highly infectious variant of the novel coronavirus that is predominant in the United Kingdom may be up to 70 percent more deadly than previous strains, according to a report by the government’s scientific advisers.

Global coronavirus deaths surpass three million

The platform’s record, which is updated by the minute, places the total number of recoveries at 119,432,902 out of the 140,598,859 cases recorded worldwide.
World Trade Organization - WTO

WTO: Nigeria is number one importer in Africa

The World Trade Organisation (WTO) says Nigeria is the number one importer of commercial services in Africa.

Doyin Okupe: It’s time for national summit on insecurity

Former presidential aide, Doyin Okupe, has said now is the time for Nigeria to have a national summit to profer solutions to insecurity in the country.
Zonabo Sore, 11, who fled from attacks of armed militants in Sahel region carries her sixteen-month-old nephew Housein, who suffers from malnutrition, as his twin brother Hassan is being examined at hospital in Kaya, Burkina Faso November 23, 2020. REUTERS/Zohra Bensemra

WFP: Food prices soar in West Africa amid conflicts, coronavirus

Food prices in West Africa have jumped more than 30% since last year to their highest levels in nearly a decade due to coronavirus lockdowns and a decline in cereal production, the World Food Programme (WFP) said Friday.

KADBUSA: 10% of Kaduna residents have drug abuse-related challenge

A survey by carried out by the Kaduna State Bureau for Substance Abuse Prevention and Treatment (KADBUSA) has revealed that 10% of residents of Kaduna State have drug aids-related challenge, hence the link between drug abuse and violence.
National Bureau of Statistics NBS

Poor households suffer volatile work situations – NBS survey

A survey by the National Bureau of Statistics, NBS, has shown that poorer households suffered volatile work situations in February this year, resulting in a six-month (September to February 2020) decline in the share of workers in the lowest consumption quintile/ class.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Negative sentiments persist, indices down by 0.29%

Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
WHO Director-General Tedros Ghebreyesus

WHO: Coronavirus pandemic long way from over

The Director-General of the WHO, Dr. Tedros Adhanom Ghebreyesus, said transmission of the COVID-19 virus was being driven by what he described as confusion, complacency, and inconsistency in public health measures.
The Nasarawa State Government has begun the vaccination of its frontline medical workers against the COVID-19 pandemic.

FPHB: 40,000 FCT residents have taken coronavirus vaccination

The acting executive secretary, Federal Capital Territory Primary Healthcare Board (FPHB), Dr. Nda-Eyo Iwot, has said that over 40,000 residents of the FCT are said to have received their first shots of the COVID-19 vaccines since the roll out of the exercise in March.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Stock market investors lose N81 billion to profit-taking

Trading on the Nigerian Exchange Limited (NGX), yesterday, closed the first trading session of the week on a negative note, as NSE-All-Share Index (ASI) declined by N81 billion or 0.40 per cent.
Barcelona's Camp Nou stadium was a target for the terrorist cell that conducted attacks in the city a year ago, Catalan newspaper El Periódico reported on Wednesday.

Barcelona top Real Madrid as Forbes’ most valuable club

Barcelona have leapfrogged Spanish rivals Real Madrid to become the world’s most valuable football club with a valuation of $4.76 billion, according to a list published by business magazine Forbes on Monday.
The highly infectious variant of the novel coronavirus that is predominant in the United Kingdom may be up to 70 percent more deadly than previous strains, according to a report by the government’s scientific advisers.

Nigeria records 84 new coronavirus cases, one more death

Nigeria on Saturday recorded 84 new COVID-19 infections and a single fatality from the disease, according to health authorities.
The new Interim Coordinator of the Presidential Amnesty Programme, Col. Milland Dixon Dikio (Rtd), has resumed duty at the Amnesty office, Abuja.

Niger Delta: Amnesty beneficiaries to take JAMB exam – Dikio

The Presidential Amnesty Programme (PAP) has offered reasons behind its new policy mandating all prospective beneficiaries of its scholarship scheme to first take the examination organised by the Joint Admission and Matriculation Board (JAMB).
FILE PHOTO - Pope Francis listens to Philippine Cardinal Luis Antonio Tagle (not pictured) during a mass to mark 500 years of Christianity in the Philippines, in St. Peter's Basilica at the Vatican, March 14, 2021. Tiziana Fabi-Pool via REUTERS

Pope urges IMF, World Bank to cut poor nations’ debts

Pope Francis yesterday urged the International Monetary Fund (IMF) and the World Bank to cut the debt burden of poor countries hit by the economic impact of the COVID-19 pandemic and give their governments a greater say in global-decision-making.
Journalist Duncan Castles has revealed that Wolves are set to make €40m Liverpool transfer target Adama Traore available this summer.

Wolves reportedly place Liverpool target on transfer list

Journalist Duncan Castles has revealed that Wolves are set to make €40m Liverpool transfer target Adama Traore available this summer.
The Chairman of the Nigerian Governors’ Forum and the Governor of Ekiti State, Dr. Kayode Fayemi, has admonished the President, National Association of Nigerian Students (NANS), Comrade Sunday Asefon not to betray the confidence reposed in him by the entire students’ body.

Ekiti governor moves to revive reading culture among students

Ekiti State Governor, Kayode Fayemi, has begun vigorous moves to revive the spirit of reading and learning among young students of the state so as to enhance their knowledge drive and academic performance.

Recent Stories

President Muhammadu Buhari-led administration has rejected the recent poor rating of Nigeria in its anti-corruption campaign by Transparency International (TI).

JUSUN strike: President Buhari directs minister, others to resolve strike

President Muhammadu Buhari has directed his Chief of Staff, Prof. Ibrahim Gambari, the Minister of Labour and Employment, Senator Chris Ngige, and other relevant stakeholders to ensure that they resolve the outstanding issues with the Judiciary Staff Union of Nigeria (JUSUN), so that the ongoing strike will be called off.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

CP: Police arrest five suspects over violence in Enugu market

The Commissioner of Police in Enugu State, Mr Mohammed Aliyu, says the police have arrested five suspects in connection with the violence that erupted at the New Artisan Market, Enugu.
The Onion Producers and Marketers Association of Nigeria (OPMAN) said on Monday that the country could generate about $420 million (about N151 billion) annually from onion cultivation.

Report: Reduced local production, exchange rate risk drive food prices higher

SBM Intel, a geopolitical research firm, says food prices have remained high in Nigeria because of reduced local production and exchange rate risk.
“At this moment, l cannot say how many students were taken away by the gunmen until l get there, but we have already mobilized security men and members of the vigilantatè who are now in pursuit of the abductors,” the commissioner stated.

Kaduna university kidnappers shoot dead three captive students – state official

Gunmen have shot dead three students they abducted from a northern Nigerian university, a state security official said on Friday, though the kidnappers still hold an unknown number of captives.
The Chairman of the Nigerian Governors’ Forum and the Governor of Ekiti State, Dr. Kayode Fayemi, has admonished the President, National Association of Nigerian Students (NANS), Comrade Sunday Asefon not to betray the confidence reposed in him by the entire students’ body.

Governor Fayemi: NESG, NGF to formulate policies that strengthen institutions, democracy

Chairman of the Nigerian Governors Forum, Mr Kayode Fayemi, says the forum is collaborating with the Nigerian Economic Summit Group (NESG) to strengthen democratic and economic institutions.

Most Popular

The State Commissioner for Agriculture, Ms Abisola Olusanya, said this on Sunday in Lagos.

Official: Lagos resumes clampdown of illegal abattoirs, veterinary premises April 19

The Lagos State Commissioner for Agriculture, Ms Abisola Olusanya said the state would resume dislodgement of illegal abattoirs, slaughterhouses, animal markets and other veterinary premises, as from April 19.
FILE PHOTO: A still image taken from video footage shows Russian opposition leader Alexei Navalny, who is accused of flouting the terms of a suspended sentence for embezzlement, inside a defendant dock during the announcement of a court verdict in Moscow, Russia February 2, 2021. Press service of Simonovsky District Court/Handout via REUTERS

Protests planned across Russia to ‘save Navalny’s life’

Allies of Kremlin critic Alexei Navalny unveiled plans on Sunday for what they hope will be the largest protests in modern Russian history on Wednesday as Washington warned Russia it would pay a price if he died in jail from his hunger-strike
The Niger State Governor, Alhaji Abubakar Sani Bello, has challenged state and federal lawmakers on the need to partner with governments for youth empowerment.

Governor Sani-Bello: Niger has used 47.5% of coronavirus vaccines received

Niger State governor and chairman, North Central Governors’ Forum (NCGF) Abubakar Sani Bello says out of the 74,110 doses of COVID-19 vaccines received by the state, 35,170 doses have been utilised in the state, representing 47.5 per cent.

Nigerian government postpones meeting with striking judiciary workers

The Federal Government has, for the second time, on Tuesday, announced an indefinite postponement of a reconciliatory meeting with the striking judiciary workers.
Ayodele Fayose

PDP commends ex-Ekiti governor for not challenging congress in court

The People’s Democratic Party (PDP), Southwest Zone, yesterday commended a former Governor of Ekiti State, Mr. Ayodele Fayose, for the resolve of his group to unite the aggrieved party members in the zone.