Author: Chief Editor

Coach of Nigeria’s U-20 male team, the Flying Eagles, Ladan Bosso, says his boys will fight hosts, Argentina, from the beginning till the end of today’s first knockout round at the FIFA U-20 World Cup. Argentina is considered the favourite to triumph in the match, having won the FIFA U-20 World Cup more than any other country. The South Americans, led by Javier Mascherano, finished top of Group A, while the Flying Eagles were third in Group D after losing 0-2 to Brazil in their final group match. For Bosso, however, the encounter is anybody’s game. “Argentina might be tough,…

Nigeria will meet the winner of the Ethiopia versus Chad game of the African zone of the Paris 2024 Olympic Games qualifying series in its bid to return to the games. The Super Falcons failed to qualify for the Japan 2020 edition of the Games following an aggregate loss to Cote d’Ivoire in the qualifying series. In the draw announced by the Confederation of African (CAF) yesterday in Cairo, Egypt, the Super Falcons will begin their campaign in the second round with the aforesaid game against either Ethiopia or Chad between October 21 and 31, 2023. There are exciting fixtures…

• Tinubu backpedals as NNPC claims FG owes it N2.8tr• Shettima: Nigerians will soon appreciate FG’s position on subsidy removal• Marketers divided as MOMAN, IPMAN, DAPMAN back move• Nigeria’s 36.9m MSMEs, 96.7% businesses face collapse• TUC, NUPENG reject immediate subsidy removal• NLC: Instead of hope, Tinubu’s inauguration day brought tears, sorrow All parts of Nigeria – from the East to the West, North to South – were almost grounded to a halt in a jolt reaction to Monday’s President Bola Tinubu’s inaugural address where he declared that ‘petrol subsidy is gone.’ The pronouncement not only threw the country into chaos,…

Many petrol filling stations across the country shut down operations yesterday after President Bola Tinubu said that subsidy on the product was ‘gone’, resulting in long stretch of queues. Retail stations in Lagos , Abuja , Warri and other major cities, also hiked the prices of the product, taking motorists and other Nigerians by surprise. In Warri, Delta State, some retailers, including Rain Oil on Warri-Sapele road, which was selling the product earlier for N215, immediately shut down, leaving customers stranded. It was the same in Shafa petrol station, Enerhen road, which shut their gates to customers, turning back any…

Nigeria’s oil rigs count declined 13.3 per cent in April, in tandem with the country’s crude oil underproduction during the month, according to a THISDAY review of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC). The rigs count numbers fell from 15 to 13 during the month under review, raising doubts over hopes of new investment in the oil and gas sector in the country, at the beginning of the year. In the oil and gas industry, the rig count is a major index for measuring activities in the upstream sector, including drilling and employment. Nigeria’s…

Chevron has launched a sale process for its oil and gas assets in Congo as the US energy giant continues to focus operations on newer and more profitable production, industry sources have told Reuters. The Congo assets could fetch up to $1.5 billion, according to two sources close to the process. Chevron received bids for the assets this week, one source said. “Chevron does not comment on rumours or speculations about its commercial activity, including potential acquisitions, or divestitures, which is in a constant state of review,” the company said in a statement. Chevron’s production in Congo fell by around…

Nigeria’s new President, Bola Tinubu has been challenged to bring his wealth of experience in the business and investment world into the real estate and hospitality industry, in order to bring about speedy development of the nation’s economy. The Chief Executive Officer (CEO) / Group Managing Director (GMD) of Mshel Group Limited, Barka Umaru Mshelia, while acknowledging Tinubu’s pedigree in business observed that the real estate and hospitality sector has capacity of attracting foreign investment and providing funds needed for the country’s economic growth and transformation. Mshelia was speaking at the unveiling of the multi-billion naira Lisa Suites in Asokoro,…

In the last few days, there has been a whirlwind of activities to bring to a close the eight-year tenure of Muhammadu Buhari as the President of Nigeria. These include commissioning of projects, launching of books, dinners and luncheons as well as lectures on how to keep Nigeria united, keep Nigeria developed and keep Nigeria progressive. The President also gave a farewell speech, in which he told us that he felt fulfilled. In that speech he also said “I am confident that I am leaving office in Nigeria better in 2023 than I met in 2015.” That was his assessment…

The newly sworn-in Governor of Cross River State, Senator Bassey Otu has taken the oath of office and promised a robust administration. He made the promise yesterday during his inaugural speech shortly after taking the oath of office with his deputy, Rt. Hon. Peter Odey at the U.J Essuene Stadium in Calabar. Otu who represented the South Senatorial district in the 8th assembly said with his gifted opportunity in the legislative, he would leverage on the template in providing the best governance to the people of the state. He said his administration is confident and determined to restructure the state’s…

Ondo State Governor, Oluwarotimi Akeredolu, has urged President Bola Tinubu to focus on urgent priorities rather than distractions that could hinder the progress of the new administration. According to him, key among the priorities is the need to bring on board individuals with proven expertise to help address the enormous tasks ahead. Akeredolu, in a congratulatory message personally signed by him, urged the President to take steps to neutralise those who seek to sow division and discord among Nigerians. He emphasised that the success of fixing the basic defects in the 1999 Constitution, as amended, will determine the depth of…