Action Group on Free Civic Space concerned about dissolution of Advertising Standards Panel The Action Group on Free Civic Space has expressed concern about the dissolution of the Advertising Standards Panel by the Federal government. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “On Tuesday, 15th August 2023, the Federal Government dissolved the Secretariat […]
BREAKING: Forcados terminal makes first oil export since July By Eyo Nsima Forcados terminal, Nigeria has started the process of shipping over 200,000 barrels of crude oil to the global market, the first since July 2023 when the facility was shut down for maintenance after ‘fumes’ were noticed. Checks by The Daily, www.thedaily-ng.com confirmed that operations resumed
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Lawyer bags six months imprisonment over libelous publication against Dangote A magistrate court in Abuja has convicted and jailed a lawyer for six months over defamatory publication against Dangote Cement Plc. The convict, Augustine Addeh, of the law firm, Mokidi and Co., had caused the publication of an advert in the Nation Newspapers on Friday,
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MARITIME ACCIDENT: Passenger Overboard Princess Cruises Presumed Dead By Our Correspondent A passenger overboard incident occurred aboard Princess Cruises’ “EMERALD PRINCESS” on August 11, 2023, according to FleetMon. It stated: “Kenneth Schwalbe, a 59-year-old from California, is currently presumed to be deceased. This tragic event represents the third occurrence of a person going overboard within
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Tony Elumelu’s Transcorp consolidates position, acquires 60% stake in Abuja DisCo, appoints CEO . As Transcorp Group’s market capitalization hits over N540bn By Eyo Nsima The Transnational Corporation (Transcorp Plc), Transcorp has acquired a 60 percent interest in Abuja Electricity Distribution Company, AEDC, thus consolidating its leadership position in Nigeria’s power sector. Serial entrepreneur and
Book Series on Buhari’s Presidency to be Released Soon A team of 94 academics, researchers and experts have combined to produce an authoritative, comprehensive and definitive history of the Buhari administration in a 5-volume compendium cutting across various sectors of governance and development in Nigeria in the last eight years. Titled Muhammadu Buhari: The Nigerian Legacy
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UPDATE : SEPLAT continues search for 3 missing persons in rig incident By Eyo Nsima Seplat Energy Plc, a leading indigenous Nigerian energy company, said the search for three missing persons continues in the Niger Delta. In a statement obtained by The Daily, www.thedaily-ng.com, Seplat Energy maintained that, “The Majestic rig is owned by Depthwize Nigeria
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UPDATE: Three missing, one dies, 92 rescued as Depthwize Majestic Rig capsizes in Nigeria — NUPRC By Eyo Nsima The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said of the 96 personnel on board the Depthwize Majestic Rig contracted by Seplat Energy Plc to drill Ovhor-21 well at a swamp location in Delta State, 92 have
BREAKING: Wike, Edun, others become ministers as President Tinubu releases list By Eyo Nsima The former governor of Rivers state, Nyesom Wike and a well-known technocrat, Wale Edun, have emerged ministers of Federal Capital Territory and Finance and Coordinating Minister of the Economy, respectively, as President Bola Tinubu names his cabinet. See list below: FCT
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NNPC gets $3bn oil loan to stabilise naira By Eyo Nsima The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan, targeted at enhancing the stabilisation of the naira. The company secured the funding from AfriExim Bank headquarters in Cairo, Egypt and will repay the loan with crude oil
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