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NNPC to Make Details of Petroleum Products Supplies Public – Kyari

by Ikokwu Ikembaon October 9, 2019
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the corporation will publicise details of petroleum products supplied across Nigeria to promote transparency. The NNPC is currently the sole importer of petrol into Nigeria following complaints by private businesses that the total cost of importation is higher than a government-fixed […]

Equities continue decline with N27b loss

by Ikokwu Ikembaon October 9, 2019
Nigerian equities remained on the downward trend on Tuesday as investors continued to open up market orders to attract demand. Benchmark indices at the equities market indicated average decline of 0.21 per cent, equivalent to net capital depreciation of N27 billion. The All Share Index (ASI)- the common value-based index that tracks share prices at […]

US restricts Chinese officials’ visas over Uighur ‘repression’

by Ikokwu Ikembaon October 9, 2019
The one-two punch by President Donald Trump’s administration marks the most forceful attempt by a foreign power to address what some rights groups call a historic crisis in Xinjiang, and comes amid a range of feuds between the United States and China. “China has forcibly detained over one million Muslims in a brutal, systematic campaign […]

China TV drops NBA exhibition games; league defends free speech

by Ikokwu Ikembaon October 9, 2019
Chinese state television said it will not air NBA exhibition games played in the country this week, heaping pressure on the US basketball league after a tweet by a Houston Rockets executive backing protests in Hong Kong, Reuters reports. Rockets general manager Daryl Morey apologized on Monday for any hurt caused by the tweet, which […]

Johnson & Johnson ordered to pay man $8bn over breast growth

by Ikokwu Ikembaon October 9, 2019
US drug firm Johnson & Johnson has been told to pay $8bn (£6.6bn) in punitive damages to a man over claims he was not warned that an antipsychotic drug could lead to breast growth. A Philadelphia jury made the award to Nicholas Murray, 26, whose case was one of thousands pending in the state. His […]

The 25th Nigerian Economic Summit: Day One Round-up

by Breaking Timeson October 8, 2019
Overall, the 25th Nigerian Economic summit has highlighted vital areas the Nation needs to fix and grow to set it on a path of growth and leapfrog into the Fourth industrial age.