Buhari Furious Over Killing of Kinsmen by Bandits

Do you struggle with writing college essays? Take a look at the top hacks for improving writing skills and developing clear idea articulation in our text below. Writing is an art that requires refining until perfection. While it is innate to most people, several undergraduates struggle to articulate thoughts on paper. Either way, you cannot escape composing. Why? It is integral to education and career. Students across all levels need the skills to gain admission, pass tests, and graduate school. Likewise, professionals need writing abilities, present ideas skills, and stand out. Despite the dread, the formatting process is simple. Don’t

By Adedapo Adesanya Twenty-two oil and gas companies have been selected as successful bidders for the gas flare commercialisation programme of the Nigerian Upstream Petroleum Regulatory Commission ((NUPRC). The 2022 Nigerian Gas Flare Commercialization Programme (NGFCP) auction process was for 49 Flare Sites put forward by the agency under the erstwhile administration of Mr Muhammadu Buhari. The immediate past government in December 2016 launched NGFCP to involve third-party investors or off-takers in harnessing gas released as a by-product of oil production, a crucial part of the seven big wins of the administration for the oil and gas sector. Launched by

By Bliss Okperan The New Nigeria Peoples Party (NNPP) has accused a former presidential candidate of the party, Mr Rabiu Kwankwaso, of being responsible for the sacking of the Governor of Kano State, Mr Yusuf Abba, at the Governorship Election Petitions Tribunal on Wednesday. A three-man panel led by Justice Oluyemi Akintan-Osadebay removed Mr Abba as Governor, ordering the Independent National Electoral Commission (INEC) to hand the Certificate of Return to the candidate of the All Progressives Congress (APC) in the poll, Mr Nasir Gawuna. Reacting to the development, a chieftain of NNPP in Southwest, Mr Abass Akande Onilewura, alleged

By Adedapo Adesanya The Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, is not heading to the exit door despite speculations amid continued organisational changes to the management of the state oil company. In a statement on Monday night, it was stated that in “addition to the recent exit of three Executive Vice Presidents, other Management Staff with less than 15 months to statutory retirement will be exiting the company effective 19th September 2023.” What this means is that the exit is happening downward since three Executive Vice Presidents were changed over the

By Dipo Olowookere The sum of N10 billion is about to be raised by Greenwich Merchant Bank Limited from the sale of commercial paper, Business Post reports. The lending institution for players in the business sector intends to use the proceeds of the issue to support its short-term funding needs as part of its working capital management strategy, according to a notice. The Naira-denominated corporate debt instrument is being issued to investors in the Nigerian capital market under the company’s N100 billion commercial paper programme. In the details of the exercise, Greenwich Merchant Bank is selling the commercial paper in

By Modupe Gbadeyanka Modex launches its first fully functional product alpha, bringing to the market the World’s First App Store for the Blockchain. Modex’s Smart Contract Marketplace aims to tackle the ‘last mile’ adoption problem that will bring blockchain technology into daily use for everyone, by facilitating access to multi-protocol smart contracts. The Modex Smart Contract Marketplace provides a forum for developers to showcase their skills and offer smart contract solutions to buyers and/or other developers. It provides a way for the real-world community to easily find smart contracts that meet real-world needs, without having to scout developers and manage

By Modupe Gbadeyanka Minister of State for Agriculture and Rural Development, Mr Heineken Lokpobiri, has expressed Federal Government’s strong political will and commitment to create business employment in agriculture. Mr Lokpobiri made this known when officials of Nestle Nigeria Plc lead by its Managing Director and Chief Executive Officer, Mr Mauricio Alarcon, visited him in his Abuja office. He said that the business-employment opportunities in agriculture cannot be fully tapped despite the country’s increasing population. Commending the good work and business activities of Nestle Nigeria whose source of raw materials for production of her varied food products is 82 percent

By Adedapo Adesanya The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to Djibouti. The World Bank Group President, Mr David Malpass, announced the investment at the One Planet Summit, a high-level meeting co-hosted with France and the United Nations that is focused on addressing climate change and biodiversity loss. He noted that restoring the continent’s natural ecosystems in the drylands of Africa benefits both people and the planet “This investment, which

By Modupe Gbadeyanka A new report has shown that despite the disruptions caused by the COVID-19 pandemic in 2020, global financial wealth reached an all-time high of $250 trillion. In the new report released by Boston Consulting Group (BCG), it was revealed that last year, household savings rose and markets showed unexpected resilience in the face of the health crisis. It was observed that in the period under consideration, many wealth management clients embraced alternative investments in their quest for higher returns, shifting away from low-yield debt securities. As part of this trend, real assets led primarily by real estate

By Dipo Olowookere If there is one thing shareholders of Oando Plc have longed for, it is the payment of dividend, which is a form of reward for their support for the company. For many years, the board of directors of the energy firm has not paid cash dividend to shareholders because of some issues the company has been battling with, including debts and corporate governance issues. But if words of the Group Chief Executive Officer of Oando, Mr Adewale Tinubu, can be taken to a bank, then shareholders will soon begin to smile again. Last Friday, the company released

By Modupe Gbadeyanka The Nigerian transport industry has received a boost of $1 billion in investment from the United Kingdom (UK). In the next 18 months, UK companies are expected to invest in Nigeria’s maritime, railway and aviation industries. According to Punch, this was contained in a report on a recent meeting between representatives of both governments in London on November 29, 2016, which it obtained on Sunday. The paper reports that the meeting stressed the importance of more involvement of the private sector, increased public-private partnership opportunities ranging from establishment of ship building yards, flat-bottom boats for waterways, ports

By Adedapo Adesanya Canadian financial technology company, Periculum, has launched its operations in Nigeria with the aim to expand the credit bracket in the country. According to the company, the availability of domestic credit is a key requirement for consistent economic growth in developing countries and with the Nigerian credit market lower in comparison to similar countries of the same size, the company is seeking to bridge this gap. For context, credit to the private sector in Nigeria is about 12 per cent of gross domestic product (GDP), lower than South Africa’s 129 per cent and Malaysia’s 134 per cent.