Oracle Intelligence

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Month: October 2022

Wabote bags National Excellence Award in Public Service

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, stood eminent with the “Distinguished Capacity Development Award” at the Nigeria Excellence Award in Public Service (NEAPS), byPresident Muhammadu Buhari (GCFR). The award was…

Flood, banditry, inflation menace Nigerians with starvation

Sopuruchi Onwuka The prediction of hunger which has formed a consistent warning since the occupation of the farming communities of the country has been amplified by the prevailing spate of flood incidents that submerged vast farmland and wiped hopes of…

Telecom firms to reverse inflation tariff hikes

Nigerian Telecommunications Commission (NCC) has ordered players in the nation’s mobile telecommunication industry to reverse a 10% tariff hike that was meant to cover rising costs. The industry regulator said in an emailed statement that its board didn’t approve the…

NLNG clarifies that Bonny plant maintains limited operations

Nigeria’s liquefied natural gas export company, the NLNG Limited, has made it clear that whereas flooding and associated feedgas cuts have impacted it operations, the company still processes and exports its products at limited capacity. Spokesman, Mr Andy Odeh, clarified…

High demand buoys diesel prices as Europe’s fuel crisis worsens

Diesel may not be glamorous but it is increasingly prized, with refiners in Asia and the Middle East stepping up shipments of the vital industrial fuel to Europe as the region grapples with a shortage. Exports from Asia swelled to…

DEBT OVERHANG: FG to convert $45.4 bn CBN loan to 40-year bonds

Sopuruchi Onwuka Federal government has introduced new debt management measures that would convert about N20 trillion or $45.4 billion of loans taken from the central bank to 40-year bonds, agency sources reported. Director General of the Debt Management Office (DMO),…

Buhari signs the Start-up Act into law

President Muhammadu Buhari has finally signed the Nigerian Startup Bill into law, providing the legal climate for the administration and regulation of play in the nation’s digital ecosystem. Minister of Communications & Digital Economy, Isa Pantami, declared Thursday in his…

Wabote advocates pan-continental collaboration on capacity development

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has called forclose collaboration among African oil-producing countries, particularly in human capacity development, joint development of energy projects, and research and development. He spoke…

Twenty kidnapped, 10 killed as bandits invade hospital in Niger State

Over 30 people including patients, hospital staff and relations were either killed or kidnapped when gunmen suspected to be bandits struck the General Hospital in Lapai council area of Niger State. According to reports verified by The Oracle Today, the…

South East leaders demand Kanu’s immediate release

Say Appeal Court ruling is path to peace From BONIFACE OKORO, Umuahia A joint body of traditional rulers and religious leaders in the South East has joined in the call for immediate release of the detained leader of Indigenous People…