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Varsity prof vents anger on dying Queen Elizabeth over civil war atrocities
Sopuruchi Onwuka, with agency reports A professor at Carnegie Mellon University, Uju Anya, stirred the hornet’s nest with hateful wishes for dying Queen Elizabeth II who was not liked in Southeastern Nigeria because of her government’s perceived support for a…
GCR affirms Axxela’s A-(NG)/A2 (NG) issuer rating
Axxela Limited (“Axxela”), one of the leading energy solutions providers in Sub-Saharan Africa, has announced the upward revision by Global Credit Ratings (GCR) of Axxela’s national scale long-term issuer rating of A- from Stable to a Positive Outlook. The upward…
Prince Charles becomes king of Britain
Sopuruchi Onwuka, with agency reports Seventy-three year old Prince of Wales, Charles, has become the King of Great Britain following the death of his mother, Queen Elizabeth II on September 8. He is now King Charles III. King Charles III…
Fuel subsidy: The saga, the façade and the facts
Sopuruchi Onwuka As Nigeria enters political campaign mode in preparation for the 2023 general elections, government’s domestic petrol subsidy has also traditionally surged to new heights despite the highly glorified Petroleum Industry Act (PIA) which ought to have activated deregulation…
Failed concessions: Nigeria to pay $496m claims Mittal Group
(Agency report) Nigeria has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Ltd following the termination of a contract to upgrade the country’s steel plants, the presidency said on Saturday. Global Steel, which…
Bed Bath & Beyond CFO takes a fatal plunge from skyscraper
Bed Bath & Beyond Inc’s chief financial officer, Gustavo Arnal, fell to his death from New York’s Tribeca skyscraper known as the “Jenga” tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing…
Germany confirms $28m settlement with Munich attack families
The German government confirmed Friday that families of 11 Israeli athletes killed by Palestinian militants at the 1972 Munich Olympics will receive a total of 28 million euros (dollars) in compensation. The figure — which includes payments already made —…
Civil war looms as bandits claim territories in Abia, Anambra, Imo
Sopuruchi Onwuka As the fireworks for the 2023 elections begin to spark flares across the country, the stakes are particularly high in Abia State where the local government area with the largest landmass is under strong contest by an army…
NASA to attempt Artemis 1 rocket launch today
The stars appear to be aligned for NASA’s Moon rocket to finally blast off today, with weather forecasts favorable and technical issues that postponed the launch earlier this week resolved. The chance for favorable weather conditions within that window sat…
NNPC, NUPRC take different routes to oil loss mitigation
Sopuruchi Onwuka The controversy surrounding industrial scale stealing of crude oil from the operations of players in the upstream petroleum industry in Nigeria is receiving separate responses from the industry regulator and national oil company that manage government’s commercial interest…
