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Naira redesign: Politicians dump Naira at forex market
Sopuruchi Onwuka Huge volumes of apparently stashed away for election purposes are finding their way to the parallel foreign exchange market on fears of being tracked if they make their ways to the banks. The rush to mop up foreign…
Goodbye Dubai: UAE bans visa for Nigerians, Emirates suspends flight
Sopuruchi Onwuka Signature airline for the United Arab Emirates (UAE), Emirates, has declared termination of further flights into Nigeria after it also stated that it could not get its ticket money out of the country following dollar crunch. The notice…
Bandits demand N30 m for abducted Katsina farm girls
Marauding bandits laying siege in the northwestern parts of the country have abducted some 22 children on whom they have slammed N30 million ransom. The number of abducted children who are mainly underage girls remain uncertain but police records showed…
Russia resumes Ukraine grain export deal
Russia resumed its participation in the Black Sea grain-export deal after extracting written guarantees from Ukraine that the safe-passage corridor would be used only for grain exports. Russia’s return to the deal came after a convoy of ships ignored President…
Oando donates relief materials to Niger Delta flood victims
On Monday, the NAOC Joint Venture (JV) made up of Oando PLC, Agip and the Nigerian Petroleum Development Company Ltd (NPDC), delivered food and essential commodities to 260 communities affected by flood in Rivers Bayelsa, Delta and Imo states. As…
NNPC scrambles management team for recovered Addax assets
Sopuruchi Onwuka Nigerian National Petroleum Company Limited (NNPCL) is working to minimize activity downtime at the oil block just recovered from Addax Petroleum after an exit settlement. The company which is visibly shopping more assets to beef up operated production…
American mom abused own children to ingratiate ISIS jihadists
A Kansas woman who led an Islamic State battalion has been sentenced to 20 years in prison after her children shared harrowing victim impact statements of their experience. Allison Fluke-Ekren provided military training to over 100 women and young girls…
W African in crash path of China’s out-of-control rocket
Sopuruchi Onwuka Incident concerns are very high as the world monitor the uncontrolled re-entry of large debris from a Chinese rocket which is expected to crash along a path that features the West African coasts. Global space agencies are in…
Emeka Okwuosa: Outstanding recognition for emissary of power
Sopuruchi Onwuka Chairman of Oilserv Group, Sir Emeka Okwuosa, is an unusual Nigerian who stands out among the very few Africans who are distinguished by their exceptional capacity for value creation and contributions towards the growth of standards in their…
Flood disaster: Agip JV moves in with relief for Rivers, Bayelsa, Imo and Delta states
The petroleum exploration and production joint venture operated by the Nigeria Agip Oil Company (NAOC) on behalf of Nigerian National Petroleum Company Limited (NNPCL) and Oando has responded the needs of flood victims in the Niger Delta with provision of…
