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The Chairman, Nigerian Ports Consultative Council (NPCC), Kunle Folarin, says Nigeria controls 70 per cent of cargo traffic of West and Central Africa.Mr Folarin made this known on Friday in Lagos during the 3rd Annual Maritime Conference in honour of Taiwo Afolabi, the Chief Executive and Vice Chairman, Sifax Group.The Theme of the conference was: “Port Costs and Ports Charges: A Recurring Decimal under Port Reform Regime”, held on Friday in Lagos.According to the maritime economist, the percentage is far from the formal trade alone and will certainly be bigger if we consider the informal trade aspects of cargo movements.He…
Students of Ladoke Akintola University of Technology ( LAUTECH), Ogbomoso, on Saturday, vowed to embark on protest to Abuja, if the two owner states of Oyo and Osun, continue to refuse to fulfill their financial obligations to the institution and safe it from recurring crisis.The students who gave the warning while addressing journalists in Ogbomoso, called on Governors Abiola Ajimobi of Oyo State and Rauf Aregbesola of Osun State, to as a matter of urgency resolve the ownership issue of the institution and also do all the needful to ensure the immediate resumption of members of the Academic Staff Union…
Pakistan’s cricket star-turned-politician Imran Khan was sworn in as prime minister on Saturday despite protests by opposition parties, which accuse the security services of intervening on his behalf in last month’s elections.Khan’ s Tehreek-e-Insaf party won the most seats in the July 25 national elections but fell short of an outright majority. It allied with independents to form a coalition, and Khan was elected by the National Assembly on Friday. Khan had campaigned on promises to combat Pakistan’s endemic corruption and break powerful landowners’ monopoly on political power.Opposition parties have held regular protests since last month’s election, alleging vote rigging…
Thousands of stranded people were waiting to be rescued and officials pleaded for more help from relentless monsoon floods that have partially submerged the southern Indian state of Kerala, where more than 190 have died in a little over a week.Heavy rains hit parts of the state again Saturday morning, slowing attempts to deploy rescuers and get relief supplies to isolated areas. Many have seen no help for days and can only be reached by boat or helicopter.More than 300,000 people have taken shelter in over 1,500 state-run relief camps, officials said. But authorities said they were being inundated with…
Iran will unveil a new fighter jet next week and continue developing missile capabilities as a top priority, the defense minister said on Saturday, defying new U.S. sanctions aimed at curbing Tehran’s missile program and regional influence.Iran’s navy also announced on Saturday that it has mounted a locally built advanced defensive weapons system on one of its warships for the first time, as tensions mount with the U.S. military in the Gulf.U.S. President Donald Trump withdrew the United States in May from a 2015 accord between Iran and world powers that curbed Tehran’s nuclear activity in exchange for sanctions relief.Trump…
The Senate President, Bukola Saraki, visited Akwa Ibom on Friday to show solidarity with the state governor, Udom Emmanuel.Mr Saraki was accompanied by other senators, including Bassey Albert who is from the state, Dino Melaye, Biodun Olujimi, Phillip Aduda, Clifford Ordia, and Isa Misau.Political tension heightened in the state since the defection of a senator, Godswill Akpabio, from the opposition Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC), a few days ago.Mr Akpabio, a former governor of Akwa Ibom, resigned his position as the Senate minority leader before his defection.In a subsequent media interaction, Mr Akpabio had…
Saturday, 18 August 2018 06:33

INEC releases notice of 2019 elections

The Independent National Electoral Commission (INEC) on Friday released the notice of activities for the 2019 general elections.The News Agency of Nigeria (NAN) reports that the notice was pasted at the Federal Capital Territory (FCT) office of INEC in Abuja.Ndidi Okafor, Head of Voter Education and Publicity Gender and Civil Society Liaison of INEC, FCT told NAN that the notice was in accordance with section 30 of the Electoral Act 2010.According to the notice, collection of nomination forms for national and state elections by political parties is fixed between August 17 and August 24.Collection of forms for FCT elections will…
The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017.The bank disclosed in its 2017 annual report released on Thursday that the figure was an increase of 45 per cent from $62.75 billion in 2016.The bank also said the figure surpassed the total outflow by $57.32 billion in the period.According to the bank, inflow through the CBN was $42.17 billion, while inflow through autonomous sources amounted to $48.33 billion.In percentage terms, inflow through the CBN accounted for 46.3 per cent, while autonomous sources took 53.7 per cent.Also, aggregate foreign…
Ahead of the 2018 Eid-el-Kabir celebration, ram dealers at New Artisan Market, Enugu, have decried low patronage by buyers.Musa Yero, the Acting Chairman, Ram Dealers’ Association, Enugu chapter, attributed the situation to the high cost of the animals.Mr Yero told the News Agency of Nigeria (NAN) that the price increase was beyond dealers’ expectations.“The ram prices increased beyond our expectations; the prices are about 44 per cent higher when compared to last Eid-el-Kabir prices.”He attributed the increase to the cost of transportation from the northern part of the country.He said that a medium-size ram was selling at N55,000 as against…
Two persons were killed and 20 others trapped after a four-storey uncompleted building collapsed unexpectedly yesterday at Jabi in Abuja.The building stood opposite Panda Shopping Mall before it gave way at about 1.30 pm.Rescue workers were able to retrieve the corpses from the rubble a few hours after the incident yesterday.The building was affected by vibration and shrapnel during Boko Haram’s bombing of nearby Thisday Newspapers Office in 2012.Officials of the Federal Fire Service, National Emergency Management Agency (NEMA), National Security and Civil Defence Corps (NSCDC) and volunteers raced to the scene to lend the victims a helping hand.Once news…
January 09, 2025

This is the ‘biggest barrier to building wealth,’ says behavioral finance expert

I’ve been meaning to sell some company stock and diversify into another investment for awhile…
January 11, 2025

Ohanaeze Ndigbo gets new President-General

John Azuta-Mbata, a former senator, has been elected as the new president-general of Ohanaeze Ndigbo,…
January 12, 2025

Why some animals appear to mourn their dead

Grief has long thought to be a human trait, but other animals – from killer…
January 04, 2025

Shy man cuts off 4 fingers instead of telling boss he wanted to quit his…

A 32-year-old Indian man admitted to cutting off four fingers on his left hand to…
January 12, 2025

Lakurawa terrorists kill telecom officials in Kebbi

Suspected terrorists belonging to the Lakurawa group have killed four individuals, including three staff of…
January 12, 2025

Here’s the latest as Israel-Hamas war enters Day 464

Four Israeli troops killed in northern Gaza, army says Four Israeli troops were killed during…
December 25, 2024

Stem cell therapy to correct heart failure in children could 'transform lives'

Renowned visionary English physician William Harvey wrote in 1651 about how our blood contains all…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

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