Oil companies in Nigeria now have a safe transportation route for their crude oil with the inauguration of the new Amukpe-Escravos Pipeline. This follows the vandalism of the 180,000 barrels Trans-Niger pipeline by oil thieves causing oil majors to abandon the facility. The new crude oil transportation choice will decrease ...
kaspersky Scammers target travelers seeking cheap flights Menace of cybercrime in Africa sustained a huge rising profile in the first six months of the year with phishing and scams hitting 438 per cent and 174 per cent in Kenya and Nigeria respectively. Kaspersky, which revealed this, in its new analysis ...
Members of the Medical and Health Workers Union of Nigeria, National Agency for Food and Drug Administration and Control branch, on Monday, suspended their 41-day indefinite strike. The union’s Secretary, Mr. Ayodeji Adetoboye, disclosed this in an interview with The PUNCH. NAFDAC workers embarked on a strike on June 21, ...
Former Super Eagles coach, Gernot Rohr, exclusively told PUNCH Sports Extra that the Nigeria Football Federation would have to pay him his outstanding salary with interest along with the current dollar rate following their delay in making the payment. The Franco-German was relieved of his job as the Eagles gaffer ...
Until the Dangote Refinery comes on stream, there may be no respite from aviation fuel crisis rocking both airlines and the industry at large. The Minister of Aviation, Hadi Sirika, said this in reaction to the astronomical rise of aviation fuel, just as the essential commodity reached a new record ...
Non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for naira’s free fall in the official and parallel markets, the Central Bank of Nigeria (CBN) has said.As at the close of work yesterday, the naira traded for N700/$1 at the parallel market and N415.96/$1 ...
Nigerian telecommunications consumers may need to tighten their belts in the days ahead as Federal Government has concluded plans to impose 5% Excise Duty on all telecommunications services ranging from calls, SMS and data services. This is coming as major stakeholders in the sector, the Association of Licensed Telecoms Operators ...
Oil and gas operators said they have not received subsidy payments on petroleum products from the federal government since 2015. The companies disclosed this when they appeared before the House of Representatives ad-hoc committee investigating the subsidy regime in Nigeria at the National Assembly Complex, Abuja. According to them, the ...
Nigeria’s Central Bank has asked a court for a directive to freeze accounts of 157 companies in the Meter Asset Providers (MAPs) scheme for alegedly diverting funds meant for the procurement of prepaid meters. TheCable report cited a law suit filed at the federal high court in Lokoja in Kogi ...
The Edo State Ministry of Health has revealed that eight persons had so far tested positive for monkeypox in the state. Consequently, it urged residents to observe safety measures to reduce the spread of the virus and other infectious diseases in the state. The state’s Commissioner for Health, Professor Akoria ...
