NGO trains over 20,000 undergraduates on plastic pollution
By Peter Egwuatu U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
Haunting echoes of a sage (2)
A SUMMARY of Professor Sam Aluko’s interview, in February 2004, with TAYO ODUNLAMI of The News magazine was published, in this column last week. In the first part of that interview, the distinguished Professor of Economics, responded to questions on the potential impact of Naira devaluation, fuel pricing, privatization and foreign investment.
Oil price hovers at $57, as Saudi Arabia cuts output by 500,000 bpd
THE price of crude oil, yesterday, hovered around $57.00, after hitting $58.00 on Saturday in the international market, as Saudi Arabia cuts output by 500,000 barrel per day, bpd.
2019 OUTLOOK: Financial analysts outline 7 factors that will shape banking industry
Developments in Nigeria’s banking industry in 2019 will be shaped by seven global and domestic factors which will work simultaneously to impact on banks’ profitability, earnings and non performing loans. They will come with likelihood of staff retrenchment and increased confrontation between shareholders and management of banks. The seven factors and how they will likely impact the industry are presented below.
Gas shortages continue to pressure power sector
DESPITE its 202 trillion standard cubic feet, scf, gas reserves, Nigeria has not been able to harness enough of its gas for power generation, as a result of many challenges, including low investment, inadequate funding of projects and huge indebtedness to gas suppliers.
World oil demand to rise by 1.29 mb/d
THE Organisation of Petroleum Exporting Countries, OPEC, world oil demand has been projected to rise by1.29 million barrels per day, bpd in 2019.
Customs seizes 5,662 bags of smuggled rice worth N137m
The Strike Force Team of the Nigeria Customs Service (NCS) has announced the seizure of 5,662 bags of suspected smuggled rice and 137 bales of second hand clothes both valued at N137 million.
Customs in Port Harcourt beats revenue target, collects N5.1bn in Nov
The Port Harcourt Area 1 Command of the Nigeria Customs Service, NCS, last month, collected over N5.1 billion revenue.
President Buhari’s remarks during audience with leadership of NUPENG
REMARKS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, DURING HIS AUDIENCE WITH THE NATIONAL EXECUTIVE COUNCIL MEMBERS OF THE NATIONAL UNION OF PETROLEUM AND NATURAL GAS WORKERS, THURSDAY 13TH DECEMBER 2018
NNPC says it has 2.6bn litres of petrol in stock
The Nigerian National Petroleum Corporation (NPPC) says it has 2.6 billion litres of petroleum products offshore and onshore in Lagos State to meet the nation’s demands.
N150m tramadol Bribe: Group wants Customs to disclose identity of Importer
THE League of Maritime Editors and Publishers, LMEP, over the weekend called on the management of Nigeria Customs Service, NCS, to make public the identity of the importer or importers who offered the sum of N150million bribe to the Customs for one of the 40 containers of tramadol to be released.
