The Group Managing Director of NIPCO Plc, Mr. Venkataraman Venkatapathy, has outlined measures being put in place by the majority shareholders in Mobil Oil Nigeria Plc to make the recent acquisition of ExxonMobil’s 60 per cent stake a game changer in the downstream sector. Specifically, the deal which would ensure increase in the production of Mobil brand of lubes which […]
Continue reading »
Sheds N83 billion in one month Nigeria’s crude oil production fell by 156,900 barrels per day (bpd) to 1.269 million bpd in March, from 1.426mbpd recorded in February. Consequently, the country lost its status as Africa’s top oil producer to Angola, according to latest data from the Organisation of Petroleum Exporting Countries (OPEC). With the cumulative loss of 4.8 million […]
Continue reading »
Protests have trailed the demolition of structures allegedly standing on the right of way of the Nigeria Railway Corporation (NRC) in many parts of Lagos State. The NRC had on Friday commenced the demolition ahead of the commencement of the 155-kilometre Lagos-Ibadan standard gauge train project, which was recently launched by the vice president, Prof. Yemi Osinbajo. Managing Director of […]
Continue reading »
A Lagos man has saluted the dexterity of traders in popular Lagos auto spare parts market, Ladipo after a first hand encounter. The man who posted his experience on Instagram said he had only left his car for about 15 minutes and before he returned, traders had already displayed wares on his vehicle. He added that when he was about […]
Continue reading »
One person was killed while five others were injured in an auto crash which occurred along the Abeokuta-Ibadan Road, Asero, Abeokuta, Ogun State, on Monday. The three cars involved in the crash were a Nissan Micra taxi, with number plate, SGM 918 XA; a Honda Accord, with number plate, EKY 191 XA; and another Nissan taxi, with number plate, AYE […]
Continue reading »
No fewer than seven people lost their lives on Monday in two separate accidents in the Gbagada and Surulere areas of Lagos State. PUNCH Metro learnt that while two passengers died and 14 sustained varying degree of injuries in the Gbagada crash, five died and five others were injured in the Surulere incident. Our correspondents gathered that the Gbagada accident […]
Continue reading »
Olaoluwa Ogundipe, Principal Technical Assistant with the National Automotive Design and Development Council, has called on the Federal Government to ensure that Ajaokuta Steel Company functions at full capacity. Ogundipe told the News Agency of Nigeria (NAN) in Abuja that the company had lot of steel metal that could be used for automobile industry. “If Ajaokuta steel is functioning, there […]
Continue reading »
The Director-General, Nigerian Civil Aviation Authority (NCAA), Mr Usman Muktar, says the Nnamdi Azikiwe International Airport, Abuja, runway is ready for operation and can be opened on Wednesday. Muktar stated this while speaking with newsmen during an inspection of the airport’s runway on Monday in Abuja. The Abuja airport was closed on March 8 for six weeks to enable rehabilitation […]
Continue reading »
As the Nnamdi Azikiwe International Airport, Abuja, reopens on Wednesday for air traffic, Medview Airline on Monday released a schedule with six daily flights to the nation’s capital. The airline made the announcement in a statement signed by its Chief Operating Officer, Lookman Animashaun, in Lagos. Medview had on March 9 diverted its flights to Kaduna following the closure of […]
Continue reading »
Ethiopian Airlines says it will land a brand new Airbus 8350 at the Nnamdi Azikiwe International Airport, Abuja, on Tuesday to mark the reopening of the airport on Wednesday. The Airline’s Traffic and Sales Manager, Mrs Firiehiwot Mekonnen, made this known to the News Agency of Nigeria (NAN) on Monday in Abuja. Mekonnen said that the aircraft would land in […]
Continue reading »
Cases of car theft have become common in Nigeria. Though not a new trend, car snatchers have continued to devise new methods to carry out their nefarious act. Below are some of the new tricks to watch out for: Ladies as bait In this method, car snatchers use ladies to lure men into giving them a ride. The lady tells […]
Continue reading »
A Professor of Human Physiology and Dean, Faculty of Basic Medical Sciences at the Federal University, Ndufu-Alike Ikwo, Ebonyi State, Prof. Robert Nneli, and five others on Thursday died in a multiple auto crash that occurred along the Ezzamgbo axis of the Abakaliki/Enugu Expressway. The Sector Commander of the Federal Road Safety Corps in Ebonyi State, Mrs. Stella Uchendu, who […]
Continue reading »