FG woos global investors for 17 oil blocks

FG woos global investors for 17 oil blocks

The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive, Nigerian Upstream Regulatory Commission, Gbenga Komolafe, told investors at the gathering that Nigeria […]

May 8, 2024 26 2

BUSINESS

Dollar speculation: FG rubbishes Binance CEO’s bribery allegation

The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m […]

May 8, 2024 26

NEWS

Lion’s den: Man shocked by sordid state of University of Nigeria hostel room

An X user Justus, who identifies as LordJustusN on X.com, has expressed dismay over the deplorable state of a hostel, Eni Njọkụ Hostel, in the University of Nigeria, Nsukka. Justus disclosed that he had visited the hostel to inspect the room his cousin was assigned to, only to be met with appalling conditions. Sharing a video, he wrote, “My cousin is supposed to resume school at the University of Nigeria, […]

May 8, 2024 31

NEWS

Man in custody for allegedly stealing phones in Ekiti churches

Luck has run out of a man, Babatunde Olaoluwa, who allegedly had been pretending as a worshipper only to dispossess people in churches of their phones in the Oye Ekiti and Ayegbaju areas of the state. The Commissioner of Police, Ekiti State Command, Mr Adeniran Akinwale, said the suspect was arrested on Saturday evening after allegedly making away with seven phones belonging to different worshippers at Christ Apostolic Church, Ayegbaju […]

May 6, 2024 9

BUSINESS

Lagos-Calabar highway: Telcos fear shutdown as construction threatens cables

•Undersea fibre cables linking Europe to Nigeria pass through construction corridor – ALTON, ATCON Barely 48 hours after Multichoice alerted subscribers to a three-day technical downtime, telecommunication companies have expressed concern over possible connectivity disruptions as construction advances on the 700km Lagos-Calabar Coastal Highway. While the DStv and GOtv owner acknowledged the anticipated impact of the ongoing Lagos-Calabar construction project on their uplink facilities, telcos on Sunday expressed broader concerns […]

May 6, 2024 10

BUSINESS

Blockchain’s industry meeting with SEC DG rescheduled

The proposed meeting between stakeholders in the blockchain industry and the Director General of the Securities and Exchange Commission, Emomotimi Agama, has been rescheduled. The virtual meeting earlier scheduled for 10 am on Monday has been moved to 2:30 pm. This was disclosed in an email sent to our correspondent early Monday signed by the Public Relations Officer of Blockchain Industry Coordinating Committee of Nigeria, Kue Paul. The meeting is […]

May 6, 2024 7

POLITICS

Military-ruled Chad elects president today

Chadians vote for a president on Monday in an election purportedly aimed at ending military rule but dismissed by opponents of junta leader, Mahamat Idriss Deby, as a fix following violent repression. Voters will choose whether to extend decades of Deby family rule in one of the world’s poorest countries, a crucial territory in the fight against jihadism across the Sahel desert region. They have the chance to opt instead […]

May 6, 2024 11

NEWS

80% of Lekki buildings have no approval, says LASG

Lagos State Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, stated that 80 per cent of buildings in Ibeju Lekki have no approval. He disclosed this in a recent interview with newsmen. He said, “Just last week Thursday and Friday, myself and the team were in the Ibeju Lekki and Epe axis and you would agree with me that anybody passing through that corridor would see a lot […]

May 6, 2024 5

POLITICS

Nigeria will change after eight years, support Tinubu before we die – Billionaire, Arthur Eze

Billionaire, Arthur Eze, has urged Nigerians to support President Bola Tinubu while praising his inclusive approach to governance. He made the remarks in a video widely shared on social media, which showed him donating N20m to a church. Eze said, “Tinubu has no boundary. If you go to Abuja, you will see Wike, an Igbo man as a minister. Umahi is Igbo man, as minister. No boundaries. All the types […]

May 6, 2024 6

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