Monday, 25 October, 2021

Category: Business


Twenty-four hours after resumption of train services by the Nigeria Railway Corporation (NRC) following Thursday’s explosion on the Abuja-Kaduna rail line, the Kaduna terminal station at Rigasa, has witnessed low passenger turnout. The News Agency of Nigeria (NAN) recalls that Read more…


A series of fires involving electric buses is calling into question Germany’s reliance on these zero-emissions vehicles. “The risk of these fires,” safety regulator Heinrich Duepmann told RT, “is completely unaddressed.” Europe is experiencing a green transport boom. Sales have Read more…


Nigeria (Reuters) – At least 25 people, including some minors, were killed in an explosion and fire at an illegal oil refinery in Nigeria’s Rivers state on Friday, a local leader and a resident told Reuters on Sunday. “The casualties Read more…


There are strong indications that the founder and chairman of the Geregu Energy Group, Femi Otedola, has acquired the majority shares of FBN Holdings (FBNH). A source who craved anonymity told LEADERSHIP that Femi Otedola, is behind a massive mop-up Read more…


Russian President Vladimir Putin’s appearance at the 2021 Valdai Discussion Club rivaled his famous annual press conferences, clocking in at over 3 hours. Here are some of the topics that he touched upon. Putin spoke at length at the plenary Read more…


Following the explosion that rocked the railway track of the Abuja to Kaduna corridor, the Nigeria Railway Corporation (NRC) has suspended train services along the route indefinitely. The managing director of the NRC, Engr. Fidet Okhiria, who confirmed the attack, Read more…


Chief Timipre Sylva, Minister of State for Petroleum Resources, has inaugurated the governing boards of the new entities comprising the regulatory framework for the oil and gas industry as provided for by the Petroleum Industry Act (PIA). The new entities Read more…


IPOB alleged that Uzodinma is plotting to acquire 2000 hectares of land under the pretext of erecting a meat-processing factory on it. According to IPOB, the lands the governor is trying to seize are in Izombe, Agwa and Akabor in Read more…


The Nigerian Association of Road Transport Owners (NARTO) is smarting from huge debts owed by the Petroleum Equalisation Fund (PEF) and the Petroleum Products Pricing Regulatory Agency (PPPRA) that were formally scrapped by the Federal Government on Tuesday in response Read more…


Former Governor Peter Obi of Anambra State says he will honour the invitation of the Economic and Financial Crimes Commission once he receives a letter to that effect. Obi said this in a statement on Monday titled, ‘I have not Read more…


By Ifeoma Ejiofor Nigerian business mogul, Valentine Ozigbo, the candidate of the Peoples Democratic Party (PDP) in the November 6 election in Anambra State, has sent his condolences to the victims of a market fire which gut the popular Nkwo Read more…


By Ifeoma Ejiofor From all indications, Anambra will soon become the new SME hub in Nigeria if the state government provides an enabling environment and adopt policies that will be favorable to start ups in order to achieve this feat. Read more…