PRESIDENT Muhammadu Buhari has ordered the Ministry of Finance to sell all recovered and liability-free assets in six months. Some politicians and former government officials had their assets seized in the course of the anti-graft war of the Buhari administration. Speaking Tuesday while briefing the House of Representatives Joint Committee on Finance, Appropriation, Planning and […]

THE Nigerian Civil Aviation Authority (NCAA) said on Wednesday that it was investigating the circumstances that forced an helicopter belonging to Tropical Arctic Logistics Limited to land on the Lagos – Benin Expressway around Ore, Ondo State. Its spokesman, Sam Adurogboye, in a statement, said the  investigation was sequel to a video, which had gone […]

The Lagos State Branch of the Pharmaceutical Society of Nigeria has warned that there will soon be at least 100 per cent increase in drug prices across the country. The Chairman of PSN in the state, Mrs Bolanle Adeniran, who spoke at an event organised by the Lagos Chamber of Commerce and Industries on Thursday, […]

President Muhammadu Buhari on Thursday appointed Mr Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation, as the oil firm announced that the appointment would take effect from July 8, 2019. According to the corporation, Kyari will take over from the current GMD of NNPC, Maikanti Baru, who is […]

Nigerian billionaire, Femi Otedola, on Wednesday, revealed that he has sold his interests in Forte Oil. On his verified Instagram handle, Otedola said, he has moved on from being a player in the petroleum industry to focusing on his power generation business. Sharing a photo of the different brand changes that the oil company had […]

Lagos State Governor, Babajide Sanwo-Olu has continued with the payment of accrued pension rights as he presented Retirement Benefit Bond Certificates valued at N821.56 million to retirees. Lagos State Pension Commission (LASPEC) Director-General Mrs Folasade Onanuga, who spoke at the 63rd Retirement Benefit Bond Presentation to retirees in Ikeja, Lagos, assured the retirees that the […]

The Federal Government has extended by two weeks, the time given the Presidential Taskforce on the Apapa traffic gridlock to resolve the matter, following a request for an extension by members of the task force and other stakeholders. Vice President Yemi Osinbajo approved the extension at a meeting of the Presidential Taskforce with stakeholders at […]

Japan has called on the Federal Government’s assistance for the Tokyo International Conference on African Development (TICAD) seven which will be taking place in August this year. The special envoy of the Prime Minister of Japan, Mr Shunsuke Takei said that Nigeria can lead the discussion and bring high level participants from government and the […]

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday sought more collaboration with the principal officers of the 9th National Assembly. He  congratulated the officrrs recently elected into their respective offices, saying that the Oil and Gas Industry would count on their enormous support to move the sector forward. […]

…Media Can Help Sell Nigeria’s Economic Potential – Dakuku …Anti-piracy Bill Will Aid Maritime Development   The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Agency had already keyed into the vision of the President by creating over 7000 jobs in the last six months through […]