President Muhammadu Buhari is leading northern stakeholders from various sectors of life to perform the flag-off of the Kolmani Integrated Development Project (KIPRO) on the boundary of Bauchi and Gombe States. The ground-breaking ceremony of the Kolmani Oil Prospecting Lease (OPL) 809 and 810 at the Kolmani field site will be the first oil […]
Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Ezra Yakusak has disclosed that Nigeria generated $2.5billion from the export of non-oil products from January to June 2022. Yakusak, made this disclosure in Abuja at a media briefing in preparation for the forthcoming NEPC Export to begin today. He explained that Nigeria […]
The federal government says it may increase the number of scheduled trips on the Lagos-Ibadan train service to meet surging demand. Mu’azu Sambo, minister of transportation, spoke to journalists on Thursday after a courtesy visit to the Nigeria Railway Corporation (NRC) headquarters in Lagos, leading to the inspection of the Lagos-Ibadan rail facility. Satisfied […]
Seven ministries, departments and agencies seem to expect the foreign exchange crisis in the country to worsen as they budget N235.46m to cover foreign exchange losses. This was according to data in the proposed 2023 budget available on the website of the Budget Office of the Federation. According to the Corporate Finance Institute, a […]
Elon Musk has told Twitter staff that remote working will end and “difficult times” lie ahead, according to reports. BBC reported that in an email to staff, the owner of the social media firm said workers would be expected in the office for at least 40 hours a week, Bloomberg reported. Mr. Musk added […]
Bitcoin, world’s largest cryptocurrency by market capitalisation, has dropped to about $16,300— its lowest level since November 2020. The cryptocurrency price traded 7.5 percent lower on Thursday afternoon, dropping to $16,385 by 11:51 am, according to data from coinmarketcap.com. Ethereum, the second-largest cryptocurrency by market cap, also dropped by 0.39 percent to $1,180. The […]
Twitter says it will add a new “official” label to some verified high-profile accounts. The micro-blogging platform said the label would be located beneath the account name and handle. Esther Crawford, Twitter’s early-stage products executive, disclosed this in a tweet on Tuesday. Crawford said that not all previously verified accounts will get the new […]
Nigerian government owned airline, Ibom Air is planning to wet-lease two A320-200s from Lithuania’s GetJet Airlines under a long-term contract. The Airbus A320 family is a series of narrow-body airliners developed and produced by Airbus. The LY-FAS (msn 4273) and LY-GYM (msn 2584) have both received Ibom Air’s full livery but remain parked at […]
THE Federal Government told the Senate, Tuesday, that it was working to ensure that the trapped funds of Emirates Airlines are paid as quickly as possible. Speaking in Abuja when he appeared before the Senator Biodun Olujimi, PDP, Ekiti South led Senate Committee on Aviation to defend the 2023 Budget estimates, Minister of Aviation, […]
The Federal Government says train services on the Abuja-Kaduna rail line will resume this November. The Minister Of Transportation, Mu’azu Sambo made this known on Monday while giving the score card of his ministry in Abuja. He said adequate security has been put in place to ensure the safety of passengers but did not […]
