The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has continued his drive to have International Oil Companies (IOCs) operating in Nigeria deepen their investments in the country with a visit to United States oil firm, ExxonMobil. The minister according to a statement from the ministry yesterday in Abuja, met with top executives of ExxonMobil at its headquarters in […]
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The House of Representatives has passed a bill for an Act to establish the National Transport Commission (NTC) as an independent multimodal transport sector regulator. The bill, which is now up for concurrence in the Senate, would transmute the Nigerian Shippers’ Council (NSC) into NTC and transfer the staff, employees, ownership of land, assets, properties, rights, debts, liabilities, obligations, functions […]
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Scores of persons were injured as a factional cult group yesterday went on rampage in Mushin and Oshodi areas of Lagos State. The hoodlums, brandishing dangerous weapons and aged between 18 and 25, also shattered the windscreens of vehicles parked along Lawanson Road and Oshodi. The fracas, which started around 9:00 pm on Tuesday, spilled over to yesterday morning. Presently, […]
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Arik Air risks being sold or liquidated by the Federal Government. Already, the Asset Management Corporation of Nigeria (AMCON) has filed an affidavit at the Federal High Court, Lagos in a bid to recover its debts put in excess of N387 billion. It was learnt that government is contemplating selling off or liquidating the airline to recoup its investment in […]
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Ride hailing app Uber has said that although slain cab driver, Ehobosa Alex, was a registered Uber driver, he was however not using the app at the time his killers boarded his ride. According to Uber, “we are shocked and deeply saddened to learn of this tragic news. We are busy reaching out to offer our support to the driver’s […]
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