Author Archives: Administrator

NNPC LEVERAGES RISING CRUDE OIL PRICE TO BOOST PROFIT

The Federal Government has increased the gas flare penalty from 10 naira per thousand standard cubic feet of gas to 612 naira eight per thousand standard cubic feet of gas. The increase is in the case of any firm that produces 10,000 barrels of oil or more, adding that for anyone producing less than 10,000 […]

Posted in Business, National News | Tagged , | Leave a comment

NIGCOMSAT TO OFFER NAVIGATIONAL SERVICES TO AIRLINES

The Federal Government, through the Nigerian Communications Satellite Limited, plans to provide Global Positioning Services to airline operators and other commercial entities, including the Nigerian National Petroleum Corporation. In order to achieve this, the L-Band in the Nigerian Communications Satellite, NigComSat-1R, has been activated and testing of the services will be carried out in the […]

Posted in National News | Tagged , | Leave a comment

ASUU CLAIMS GOVERNMENT PLANS TO INTRODUCE 350,000 NAIRA UNIVERSITY TUITION

The Academic Staff Union of Universities has alleged that the Federal Government was taking steps to make students of federal universities pay a minimum of 350,000 naira for tuition fee. Zonal Coordinator of the Academic Staff Union of Universities in Ibadan, Dr Ade Adejumo, disclosed this yesterday. Adejumo said it was important for ASUU to […]

Posted in National News, News | Tagged , | Leave a comment

FEDERAL GOVERNMENT APPROVES 90-DAY SPECIAL WINDOW FOR REGISTRATION OF BUSINESSES

The Federal Government has approved a 90-day special window to register businesses at a reduced rate of 5,000 naira in a bid to further ease the process of registering Micro, Small and Medium Enterprises in the country. Vice-President Yemi Osinbajo, who made the disclosure yesterday in Enugu State, said the special window of 90 days […]

Posted in National News, News | Tagged | Leave a comment

UNREST IN INDONESIA AMID DESPERATION FOR AID

Residents of Palu in Indonesia are growing increasingly desperate for aid after a quake and tsunami hit the town. Supplies of water, food and fuel are scarce and with roads damaged, it is proving hard to bring more in, or reach the more remote areas. It’s chaos now. Reports reveal that police authorities were firing […]

Posted in Business, Events, National News, News, Politics, World News | Leave a comment

ASUU TO RESIST PLANS FOR UNIVERSITY COMMERCIALIZATION

The Academic Staff Union of Universities has said that universities across the country will resist any attempt by some people to introduce measures that are exploitative into the university system. The union noted that some Nigerians were not happy that the Federal and state governments owned public universities, adding that such people had been looking […]

Posted in Events, National News, Politics | Leave a comment

NIGERIA’S EXTERNAL RESERVES DROP BY 1.5 BILLION DOLLARS

The Central Bank of Nigeria has said the nation’s foreign exchange reserves fell by 1.45 billion dollars last month. The external reserves, which stood at 45.8 billion dollars at the end of August, declined to 44.38 billion dollars on September 27, 2018. The apex bank noted that the evolution of the forex market in the […]

Posted in Business, Events, National News, News, World News | Leave a comment

SUPER EAGLES COACH RECALLS 23 PLAYERS FOR LIBYA AFCON QUALIFIER

Super Eagles Coach, Gernot Rohr has invited Ahmed Musa and 22 other players for this month’s double-take 2019 Africa Cup of Nations qualifying fixture against Libya’s Mediterranean Knights. Arsenal’s Alex Iwobi will return alongside Italy–based duo William Ekong and Olaoluwa Aina. Goalkeeper Ikechukwu Ezenwa is the only home–based professional. All invited players are to report […]

Posted in Events, National News, News, Sports, World News, World Sports | Leave a comment

AVIATION AGENCY ADVOCATES LOCAL AVIATION FUEL PRODUCTION

The Nigerian Airspace Management Agency has asked stakeholders in the oil and gas industry to begin local production of aviation fuel in line with the Nigerian content development initiative of the Federal Government. Managing Director of the Agency, Captain Fola Akinkuotu, who disclosed this added that due to the high cost of aviation fuel, it […]

Posted in Business, National News, News, Politics, World News | Leave a comment

FEDERAL GOVERNMENT MOVES TO BROADEN APICULTURE SECTOR

The Federal Government has set machinery in motion for the development of the apiculture industry as part of its efforts to broaden the agricultural sector. Apiculture is the process and business of beekeeping. President Muhammadu Buhari who made this known in Abuja, noted that the government was building the capacities of bee-keepers and processors to […]

Posted in Business, National News, News, Politics | Leave a comment

1
KI LAATISEOn air now 
Host: