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Tinubu’s forex blunder sends inflation soaring
Sopuruchi Onwuka The Naira fell to a new low on Friday as new gaps begin to emerge between official rates and the parallel market despite despite the executive fiat by the new administration of Alhaji Bola Tinubu to enforce a…
Golar points at MKII FLNG vessel for NNPC’s Yoho gas project
Sopuruchi Onwuka Liquefied Natural Gas (LNG) facility developer, Golar LNG, is considering two floating liquefaction vessels for proposed development of the Yoho gas field in Nigeria. The Yoho field is currently operated by ExxonMobil’s Mobil Producing Nigeria (MPN) Unlimited with…
Chevron commends Ondo State Government for its visionary “Develop Ondo 2.0 Summit”
Chevron Nigeria Limited has commended the Ondo State government for its visionary initiative in providing a dynamic platform for the state to present its vast potential and opportunities to the investment community, both within Nigeria and beyond with the “Develop…
Jihadists behead 10 farmers in Borno state
Islamist militants have beheaded at least 10 farmers in Nigeria’s northern state of Borno after attacking their farms, residents said on Monday. Last week, militants killed at least 25 people and wounded others in attacks on two villages in Borno…
American doomsday mom bags multiple life terms for killing own children
An American mother from Idaho who had multiple husbands has been convicted of the gruesome killings of her two youngest children and her husband’s former wife was sentenced Monday to life in prison without the possibility of parole. Her sentence…
Chinese malware infiltrate various US military systems
US officials reportedly found suspected Chinese malware across several military systems, and, unlike previous attacks, experts say the intent is more likely to disrupt rather than to surveil. The New York Times reported Tuesday that the attacks first came into…
SEC warns crypto currency players to stay off Nigeria
Securities and Exchange Commission (SEC) has restated its averseness to crypto currency exchange operations in the country, warning online platforms that prospect such investments to stay away from Nigeria. In reiterating its directive to the global crypto play, SEC pointed…
Research confirms zero health benefit from alcoholic drink
Sopuruchi Onwuka Despite the popular medical advice of one or two drinks a day for men and only one drink for women, a latest published research has concluded that apart from the crave and flavors, there is absolutely no health…
Japa!: Four Nigerian stowaways make surprise landing in Brazil
Sopuruchi Onwuka, with agency reports Four men from Nigeria who hid in the rudder of an ocean going vessel with the hope of reaching Europe ended up in Brazil where authorities gave them a surprise rescue after surviving harrowing two…
Tinubu channels subsidy savings to production incentives, social facilities
N800 bn for SME, agric, CNG transport schemes Student loans, minimum wage, infrastructure funds in package Sopuruchi Onwuka President Bola Tinubu has declared that the present administration of the federal government would deploy funds hitherto used in subsidizing domestic price…
