News

Nigeria Liquefied Natural Gas Company (NLNG) could unlock three times as much gas as the country’s proven reserves and create hundreds of thousands of jobs if it goes ahead with a proposed expansion plan, it said on Wednesday. NLNG, often cited as a successful public private partnership, is a venture between state-owned Nigerian National Petroleum Corporation (NNPC), Royal Dutch Shell, …

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The Nigerian affiliate of AbuDhabi-listed telecoms company, Etisalat, is in talks with 13 Nigerianbanks to renegotiate the terms of a $1.2 billion loan it took out four yearsago after missing a payment. At current official rate, the loan, without interest stands atN377 billion. The Vice President for Regulatory Affairs at Etisalat Nigeria, Ibrahim Dikko,said the company missed payments due to the …

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The management of Heritage Bank onTuesday gave one of its Executive Directors, Mrs. Mary Akpobome, a clean billof health, saying she had being performing her duties creditably. In a statement denying an online news portal report that she hadbeen asked to resign her position for allegedly authorising unwholesometransactions, the bank said neither Akpobome nor any of its management teammembers had …

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Dayo Emmanuel Ekiti State governor,Mr. Ayodele Fayose has threatened that henceforth, rapists in Ekiti State shallspend the rest of their days in jail. Fayose who disclosedthis at the rally marking the 2017 International Women’s Day in Ado Ekiti theEkiti State capital did not hide his displeasure for the ill-treatment oftenmeted against women. “If you rape an Ekiti woman, you go …

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  Dayo Emmanuel Director of the International Press Centre (IPC), Lagos, Mr. Lanre Arogundade has enjoined the Nigerian media to give more voice to the women folks. Arogundade made this call yesterday in commemoration of the International Women’s Day celebration which celebrates the achievements of women in all spheres of life. The Director of IPC is of the opinion that …

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From Left: Oyo State Governor, Senator Abiola Ajimobi; Lagos State Governor, Akinwunmi Ambode; Acting President Yemi Oshibajo; Minister of Transport, Rotimi Amaechi, Ogun State Governor, Senator Ibikunle Amosun and Minister of Solid Mineral Development, Dr. Kayode Fayemi, during the official ground breaking of Lagos-Ibadan railway in Lagos on Tuesday. Photo: Abiodun Omotosho

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The Nigerian Civil Aviation Authority (NCAA) has said that the Kaduna International Airport, Kaduna is now fit and ready for 24 hours local and international operations. According to the agency in a statement to nationalwire on Tuesday, it said all necessary steps to ensure that the status of the Airport as an Alternate Airport to the Nnamdi Azikiwe International Airport, …

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The National Bureau of Statistics (NBS) said the value of the total trade at the end of 2016 was N17. 35 billion. The NBS said that the figure was 6.5 percent higher than the value recorded in 2015. The bureau announced this in a report on“ Merchandise Trade Intensity Index/Re-exports for fourth quarter’’, released in Abuja. The report, however, stated …

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The Acting President, Yemi Osinbajo, on Tuesday inaugurated Justice Walter Onnoghen as the 17th Chief Justice of Nigeria. The inauguration was witnessed by the President of the Senate, Bukola Saraki; former CJNs members of the Federal Executive Council; Justices of the Supreme Court and his family members among others. Shortly after taking his oath of office, Osinbajo decorated Onnoghen with …

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Suspected Car Vandals Folake Sokoya A 33 year old suspect, Olawasegun Oladimeji, arrested by operatives of Rapid Response Squad (RRS) of the Lagos State Police Command for vandalising Toyota cars in Victoria Island, has confessed that a spare part dealer in Ladipo International Market was the one who gave him the specifications of cars to vandalise. The suspect, a barber …

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