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FILE PHOTO - Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS-Brendan McDermid

Fuel price hike looms as crude oil hits $71 per barrel

There will be more money for the 2021 budget implementation as the crude oil price on Monday hit $71/ barrel which doubles the $30 benchmark.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

Naira4Dollar: MAN, LCCI commend CBN’s move to address forex squeeze

Industrialists and Manufacturers on Monday said the Naira 4 Dollar Scheme, an initiative by the Central Bank of Nigeria to encourage diaspora remittances would help stabilize the forex situation of the country.
FMDQ Securities Exchange Limited has through its Board Listings, Markets and Technology Committee, approved the Registration of the Fidson Healthcare Plc ₦10.00 billion Commercial Paper Programme on its platform.

FMDQ Exchange approves registration of Fidson Healthcare N10 billion commercial paper

FMDQ Securities Exchange Limited has through its Board Listings, Markets and Technology Committee, approved the Registration of the Fidson Healthcare Plc ₦10.00 billion Commercial Paper Programme on its platform.
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: We’ve given women greater voice, participation in party, government

As the world marks the 2021 International Women’s Day, the ruling All Progressives Congress, APC, said it has afforded women greater voice and participation in party management as well as governance of the country.
Nigeria’s oil and gas industry has lost huge investments due to the non-passage of the Petroleum Industry Bill (PIB), Governor Ifeanyi Okowa of Delta State has said.

Governor Okowa: Take-off of Maritime university, brought peace to Niger Delta

Governor Ifeanyi Okowa of Delta State has said the take-off of the Maritime University, Okerenkoko, Warri South-West Local Government Area of the state had brought peace to the Niger Delta region.
French President Emmanuel Macron has confirmed that conservative billionaire politician Olivier Dassault died on Sunday in a helicopter crash.

French billionaire Olivier Dassault dies in copter crash

“Olivier Dassault loved France. Captain of industry, lawmaker, local elected official, reserve commander in the air force: during his life, he never ceased to serve our country, to value its assets. His sudden death is a great loss. Thoughts on his family and loved ones,” Macron said on Twitter.
Kano State business community has urged the Federal Government to resume international flights at the Aminu Kano International Airport in order to ease their business activities.

Lawmakers call for reopening of Aminu Kano airport

Members of the House of Representatives from Kano and Jigawa States have appealed to the Federal Government to reopen the International wing of Malam Aminu Kano Airport.
COVID-19 vaccines coming into Nigeria must come through the Nnamdi Azikiwe International Airport (NAIA) Abuja or they would be declared illegal and immediately confiscated, the Federal Government has announced.

FAAN seeks suspension of 25% contributions to federation account

The Federal Airports Authority of Nigeria (FAAN) has called for the stoppage of its 25 per cent revenue contribution to the Federation Account to enable it address some infrastructure gaps.
The Okitipupa Oil Palm (OOP) Plc has embarked on some measures aimed at re-strategizing and putting the company on a solid footing to enable it respond effectively to emerging challenges and return it to its past leading role in the industry.

Oil palm firm re-strategises for optimal performance

The Okitipupa Oil Palm (OOP) Plc has embarked on some measures aimed at re-strategizing and putting the company on a solid footing to enable it respond effectively to emerging challenges and return it to its past leading role in the industry.
Nigerian filmmaker, actor, and CEO of Uzee Concept, Uzee Usman, has called on the government to help kick piracy away in the movie Industry, particularly in Kannywood.

Uzee Usman: Piracy is endangering Kannywood industry

Nigerian filmmaker, actor, and CEO of Uzee Concept, Uzee Usman, has called on the government to help kick piracy away in the movie Industry, particularly in Kannywood.
The Director-General of the Industrial Training Fund (ITF), Joseph N Ari, said the Fund is battling criminality and other security challenges in the country using skills acquisition.

ITF denies wrongful appointments, marginalization of Muslims

The Industrial Training Fund (ITF) has decried what it described as orchestrated efforts to malign, impugn and whip up negative sentiments against the agency and its functionaries through outright lies and calculated misinformation.
Johnson & Johnson Coronavirus Vaccine

WHO calls for urgent action to ramp-up production of coronavirus vaccines

The World Health Organisation (WHO) says urgent action is needed to increase production of COVID-19 vaccines that will be distributed through the global initiative making these medicines accessible to all countries.
Popular singer, Simi, says it is tough for women in the music industry.

Simi: No joke, music is a tough turf for women

Simi wrote: “To be honest, some of the things I’ve experienced –specifically as a woman– in this industry. They will try to pit you against other women; try to redefine your value, try to get in your head and remodel your self-esteem. And I have even had it easier than many.”
The government of Enugu state has applauded Ibom Air as it commenced operations at the Akanu Ibiam International Airport, (AIIA) Enugu with plans to expand to other connecting states in the South East.

Airline seeks Nigerian government’s intervention in aviation insurance

Capt. Mfon Udom, Chief Executive Officer, Ibom Air has called on the Federal Government to help grow the capacity of Nigerian Insurance companies to enable them to handle aviation insurance completely.
The All Progressives Congress has named the Governor of Kogi State, Yahaya Bello as chairman of its Ondo State Governorship Primary Election Committee.

Kogi governor: PDP is afraid of me

Governor Yahaya Bello of Kogi State has accused the Peoples Democratic Party, PDP, of being afraid of his rising profile.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq made the announcement during a meeting with Governor Abdullahi Sule.

2,700 Akwa Ibom women benefit from federal government’s special grant

The minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has advised Nigerian women not to regard the N20, 000 special grant given to the rural woman by the federal government as the fabled national cake.
Osun State Govenror Adegboyega Oyetola

Osun boosts MSMEs with N100 million for job creation

Gov. Gboyega Oyetola of Osun, on Thursday, said the sum of N100 million has been set aside to boost Micro Small and Medium Enterprises (MSMEs) development in the state.
Nigeria’s oil and gas industry has lost huge investments due to the non-passage of the Petroleum Industry Bill (PIB), Governor Ifeanyi Okowa of Delta State has said.

Delta governor seeks partnership with NIMASA in maritime

Delta State Governor, Senator (Dr) Ifeanyi Okowa, on Thursday said the State Government would partner Nigerian Maritime Administration and Safety Agency (NIMASA) to develop the state’s maritime potential.

IPMAN surveillance team battles product thieves, adulterators in Delta

There’s palpable fear in Delta State as the Eshanekpe Israel, a.k.a Akpodoro-led Sector ‘C’ Command of the Surveillance Team of Independent Petroleum Marketers Association of Nigeria, IPMAN, Delta State battles oil thieves, product adulterators, impostors, who have allegedly established themselves in the oil-rich state.
The Newspapers Distribution Association of Nigeria (NDAN) has elected new executives.

NDAN appeals to media owners, government for life insurance

The Newspaper Distribution Association of Nigeria (NDAN) has appealed to proprietors of media houses and government to collaborate on enabling environment and life insurance for vendors, decrying unfair treatment to them.
The Chartered Institute of Professional Printers of Nigeria (CIPPON) has lamented the rising cost of paper in Nigeria, warning that the situation could worsen unemployment in the country.

Institute laments rising cost of paper in Nigeria

The Chartered Institute of Professional Printers of Nigeria (CIPPON) has lamented the rising cost of paper in Nigeria, warning that the situation could worsen unemployment in the country.
Peter Obi

Peter Obi: Nigeria won’t succeed if federal government dialogues with bandits, abandons intellectuals

A former governor of Anambra State and vice-presidential candidate of the Peoples Democratic Party (PDP) in the last general election, Mr Peter Obi, has said that Nigeria will hardly become a successful country if bandits are considered above intellectuals for a meeting by the federal government.

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The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

IWD: Edo governor launches N1 billion fund for women

Edo State Governor, Mr. Godwin Obaseki, has launched a N1 billion fund for the empowerment of women in the state.

Keeping Schools Safe In the North

On April 14, 2014, 276 Nigerian female students of the Chibok Girls Secondary School were abducted by Boko Haram terrorists. It was a very disturbing moment for Nigeria and the rest of the world. Most of the abducted girls were Christians.

ECOWAS urged to push women’s equal access to political power

The Economic Community of West African States (ECOWAS) has been urged to take more steps to enhance women’s equal access to political power and decision making positions in the sub-region as well as improve their economic status through human capital development.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

2023: ‘Atiku for Nigeria’ inaugurated in Enugu

A group made up of loyalists, supporters and associates of former Vice President Atiku Abubakar has launched a group tagged ‘Atiku For Nigeria’ as a platform for selling the candidacy of Adamawa born politician to Nigerians as suitable person as their next president ahead of the 2023 presidential election.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has rejected the proposed scrapping of the Petroleum Equalisation Fund (PEF), asserting that it fosters national unity.

IPMAN rejects scrapping of Petroleum Equalisation Fund

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has rejected the proposed scrapping of the Petroleum Equalisation Fund (PEF), asserting that it fosters national unity.

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Governor Okezie Ikpeazu of Abia State has approved the deployment of modern technology in the security system to fight crimes in the State.

Governor Ikpeazu: Oil companies have no presence in Abia

Ikpeazu, while receiving the Senate and House of Representatives Joint Committee on Petroleum Industry Bill led by Senator Albert Bassey at Government House, Umuahia, said that Abia oil-producing communities have remained peaceful more than other oil-producing communities in the country, stressing that the peaceful disposition of the communities should serve as a model for the compensation of oil-producing communities.

Nigerian national sentenced to death for drug trafficking in Vietnam

A 45-year-old Nigerian has been sentenced to death for trafficking nearly four kilograms of methamphetamine from Cambodia to Vietnam
Senegal's opposition leader Ousmane Sonko was arrested in the capital Dakar on Wednesday, according to his lawyers, ahead of his scheduled court appearance to face a rape charge.

Senegal opposition leader arrested as supporters clash with police

Senegal’s main opposition leader, Ousmane Sonko, was arrested on Wednesday after hundreds of his supporters clashed with police in the capital while protesting against a rape accusation he denies.
All Progressives Congress (APC) Nigeria

APC states reiterate commitment to six months maternity leave

State governments controlled by the All Progressives Congress, have reiterated commitment to implementing a recommendation to grant nursing mothers 180 days (6 months) leave.
This compelled the United Nations Humanitarian Coordinator in the country, Mr. Edward Kallon, to suspend all air expedition in the area for a week.

UN condemns Boko Haram attack on Dikwa

The United Nations (UN) has condemned the attacks by Boko Haram against civilians and aid facilities in Dikwa, Borno State.