NNPC signs $3.15bn financing for OML 13

economY

To increase nations crude oil reserve The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and other partners for the development of Oil Mining Lease (OML) 13. The corporation disclosed this in a statement signed by […]

NUJ Blows Hot Over Death of Channels TV Reporter

economY

By: Onimisi-Momoh The Nigeria Union of Journalists, FCT Council, has on Monday expressed deep sadness over the death of a journalist, Precious Owolabi. Owolabi, a corps member serving with Channels TV, was among those killed in a clash between members of the Islamic Movement in Nigeria and the police in […]

Eagles Don’t Play As A Team- Bonfrere

economY

By: Onimisi-Momoh Ex-Super Eagles coach Bonfrere Jo, has disclosed that Nigeria lacked good team play to win the just-concluded 2019 Africa Cup of Nations in Egypt, Sports Extra reports. Bonfrere, who led the Eagles to 2000 final, where they lost to Cameroon on penalties, admitted that Gernot Rohr’s side could have […]

Cotton can contribute 15% to GDP — Association

economY

The President, National Cotton Association of Nigeria (NACOTAN), Mr. Anibe Achimugu, says cotton has the capacity to contribute not less than 15 percent to Nigeria’s Gross Domestic Product(GDP) if properly harnessed. Achimugu, who made this known in an interview with News Agency of Nigeria(NAN), in Abuja, said as a cash […]

American Singer Falls In Love with Obama

economY

By: Onimisi-Momoh American singer and reality star, Aubrey O’Day has professed her love for former American President Barack Obama, saying that she needs him as her sperm donor for kids. According to the news source, nan.ng O’Day declared in a recent interview that she was now ready to be a […]

Iwobi Dismisses Arsenal Exit Claims

economY

By: Onimisi-Momoh Super Eagles midfielder, Alex Iwobi has dismissed reports linking him with an Arsenal exit by claiming he wants the Gunners to sign ‘world-class’ players. According to news source Goal.com, Arsenal has been heavily linked with Wilfried Zaha this summer but both parties are yet to agree on a deal […]

CAN to Miyetti-Allah : Call your members to order

economY

By: Onimisi-Momoh The Christian Association of Nigeria (CAN) has yesterday (Thursday) urged the leadership of the Miyetti-Allah Cattle Breeders Association of Nigeria (MACBAN) to call their members to order. CAN President, Dr Samson Ayokunle, who made the call at a news conference in Abuja, said until they were called to […]

Pinnick impeached as President

economY

By: Onimisi-Momoh President of the Nigeria Football Federation (NFF) Mr Amaju Pinnick, has been impeached as 1st Vice-President of the Confederation of African Football (CAF). According to news source Nan.ng, his removal took place on Thursday at CAF Executive Committee meeting,  after a well attended congress in Cairo Egypt. It […]

Inflation rate drops to 11.22% in June

economY

By Isaiah Ogunrinola: The National Bureau of Statistics (NBS) said on Monday that the inflation rate has dropped from 11.40% in May to 11.22% in June. NBS in the report said the June inflation rate of 11.22 percent represented a decrease of 0.18 percentage points over the rate recorded in […]

The downward trend persists on NSE

economY

Activities on the Nigerian Stock Exchange (NSE) continued on the losing streak on Tuesday with the market indices extending their loss by 0.49 percent. The All-Share Index, which opened at 28,341.03, shed 140.15 points or 0.49 percent to close at 28,200.88 due to negative sentiment. The market capitalization lost N68 […]

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