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NCDMB pledges support for MT Group’s manufacturing plans
A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) which visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in a 15,000 tons per year valves…
NCDMB pledges congenial environment for indigenous firms
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix OmatsolaOgbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited, a consortium that concluded acquisition of onshore oil assets of Shell…
Jordan bans Muslim Brotherhood group
Jordan announced on Wednesday it was banning the activities of the Muslim Brotherhood, a transnational Islamist movement, accusing it of manufacturing and stockpiling weapons and planning to destabilise the kingdom. The move comes after authorities said they arrested 16 people,…
Palestinian Abbas blasts Hamas, demands release of Gaza hostages
President of Palestinian Authority,Mahmoud Abbas, has called on HAMAS terror group to accept truce conditions laid out by Israel and spare more Palestinian lives in the Gaza city where Israeli forces continue offensive in search of hostages. In a rebuke…
Muslim World League condemns Indian terror attack
The Muslim World League (MWL) on Wednesday condemned the “heinous” terror attack in Jammu and Kashmir’s Pahalgam in which over 25 people were killed and several others were injured. The statement issued by the MWL’s General Secretariat said, “The MWL…
Deepwater capacity: Is Chappal another rent seeker?
Sopuruchi Onwuka The ongoing business divestment programme that has beset the Nigerian upstream petroleum industry is throwing up a number of concerns over actualization of the prime national economic aspirations through deliberate positioning of capable Nigerian companies for eventual crew…
Will Ojulari, NNPC board resolve Nigeria’s downstream quandary?
Sopuruchi Onwuka The reconstitution of the board and management of the Nigerian national oil company after a series of reforms in the petroleum industry appears to set a formidable stage for the recovery of the domestic petroleum market from the…
Hope for Gazans dashed as Hamas dump ceasefire plan
Sopur4uchi Omwuka, with agency reports Hamas has reportedly rejected a six-week Israeli cease-fire proposal that required the terrorist group to disarm, saying that surrendering its weapons would never be in negotiation. And the group’s intransigence comes in disregard of worsening…
UNCTAD wants poorest countries exempted from US reciprocal tariffs
The UN Trade and Development agency (UNCTAD) has urged the US to exempt the world’s poorest and smallest nations from reciprocal tariffs, warning that they could devastate vulnerable economies while only generating minimal revenue for Washington. US President Donald Trump’s…
Researchers crack how Ozempic, others regulate carb intake
Sopuruchi Onwuka A new study published in Nature Microbiology reveals how medications like Ozempic unlock our body’s own regulatory mechanisms to naturally regulate hunger, reduce food intake and slow down digestion to deliver results on diabetes and weight control. Ozempic…
