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The Executive Chairman/CEO, BUA Group, Abdulsamad Rabiu has called on President Muhammadu Buhari to intervene and investigate acts of sabotage against BUA Cement operations by Dangote Group in connivance with top officials of the Ministry of Mines and Steel Development. This was contained in a letter dated December 4, 2017,...
Neptune Prime has been informed that a new train head has been taken to Rijana and the stranded passengers are on their way to Abuja. This shows the commendable responsiveness of the management of the Nigeria Railway Corporation. Please read: Abuja Train Passengers stranded in Rijana, kidnappers’ den
On May 30, 2017, the Nigerian Minister of Agriculture, Audu Ogbeh, announced that Nigeria will export 70 metric tons of yam to the US, UK and China. According to the minister, the first container of yams was to leave Nigeria on June 29, 2017. It is believed that the...
Some stakeholders in the aviation sector, including members of the National Assembly, are worried that investors from some Middle East countries are expressing interest in the planned concession of Nigerian airports. The Guardian learnt that the interests thus far received from countries like Turkey, Saudi Arabia and Qatar are bothering...
PRESS RELEASE 2018 NEW YEAR MMESSAGE Good morning Members of the Press. On behalf of all the members of the esteemed Alumni of the International Institute of Islamic Banking and Finance, Bayero University Kano, I send our goodwill and best wishes to fellow Nigerians especially those in the financial industry. We are aware...
By Sunday Ogene,  Abuja In the midst of the much-touted fight against corruption by the present administration, Nigerians still await the probe of the Minister of State for Petroleum, Ibe Kachikwu, on the over N1 billion allegedly drawn by him and his ally, Dimebi Kachukwu, from First Bank Private Investment account. Vice President,...
The Nigerian Senate has begun investigations into the alleged revocation of OML 13 which was re-awarded to Nigerian Petroleum Development Company, a subsidiary of the NNPC by executive authorisation. The Senate is also summoning Managing Director of Shell Petroleum Development Company of Nigeria Limited, SPDC, over its involvement in the revocation...
By Ahmad S. Gimba It was something to celebrate as the federal government issued its first Sukuk which marked a turning point and a historical milestone in the Nigerian economic drive amidst financial and economic trepidation. But the recent announcement by the Nigeria Bureau of Statistics (NBS) that Nigeria is out of...
The Joint Ministerial Monitoring Committee of the Organization Of Petroleum Exporting Countries (OPEC) and Non-OPEC Countries has endorsed Nigeria’s position that the exemption granted on crude oil production at the November 2016 Ministerial Conference and extended by the May Ministerial Conference be sustained until it stabilises its crude oil...
From Abdallah el-Kurebe The Rice Farmers Association of Nigeria (RIFAN) has inaugurated the Implementation and Rapid Response Committee (IRRC) for the pilot phase of the CBN/RIFANModel Anchor Borrowers’ Programme. Inaugurating the committee at the RIFAN headquarters in Abuja on Thursday, ‎the National President, Alhaji Aminu Goronyo, represented by the National Vice President, Alhaji Abdullahi Yawa‎ stated...